Allumia raises $7.5M Series A2 to underwrite no-money-down commercial energy-efficiency upgrades

Seattle-based energy-efficiency startup Allumia raised $7.5 million in a Series A2 led by JW Asset Management, bringing total funding to $10 million to finance no-money-down commercial equipment upgrades. The company underwrites 5–7 year loans for lighting, refrigeration and HVAC projects ($50,000–$5M), provides rebate and performance monitoring, and serves customers nationwide including warehouses, stadiums and retail chains.