MAVA Member Boulder Ventures Invests in Black Bear Energy’s $2.5M Series A

Black Bear Energy, a technology-enabled energy services company that represents commercial renewable energy buyers, announced today that it has completed a $2.5 million Series A round of financing. Boulder Ventures led the investment round with participation from Black Bear Energy’s seed investor, Rocky Mountain Institute.

Black Bear Energy was founded by Drew Torbin and Kim Saylors-Laster, who led teams at Prologis and Walmart to build the two largest on-site corporate solar programs in the U.S. Black Bear Energy is currently serving clients with over one billion square feet of property after less than 15 months in business.

“All of our best companies spring from the authentic experiences of our serial entrepreneurs,” said Kyle Lefkoff, Founder and General Partner of Boulder Ventures. “Drew and Kim are the most experienced people in this market, and the overwhelming response of their customers to Black Bear Energy validates their unique approach.”