Light
Light is an Austin, Texas-based power company, founded in 2023, that provides an API platform enabling businesses in real estate/proptech, solar and battery, EV/mobility, and fintech to launch their own branded electricity plans in about two weeks.
About
Light is an Austin, Texas-based power company, founded in 2023, that provides an API platform enabling businesses in real estate/proptech, solar and battery, EV/mobility, and fintech to launch their own branded electricity plans in about two weeks. Acting as the licensed retail electricity provider behind the scenes, Light handles state licensing, wholesale power procurement, commodity risk management, billing, customer support, and grid/virtual power plant integration, so partners can embed electricity as a product without becoming a utility themselves. Its partner network reaches over 30% of U.S. residential solar sales, 500,000+ homeowners, and 1+ million multi-family units; the founding team includes alumni from Plaid, Google, Tesla, Affirm, and Segment. Not to be confused with Light (light.inc), the Danish AI accounting company.
Full tier & rationale — an SVTR Intelligence benefit
Capital graph
Founders / core team
Investors
Funding history
- 2026-09-01Series A$46M
Investors · Matrix Partners、Activate Capital、Spark Capital、Mischief、Gigascale Capital、MCJ、BoxGroup
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Investors that may fit
Lowercarbon Capital
10 Climate & Sustainability deals in the last 24 months · 7 at a nearby stage · 9 in 德州三角
Request intro →Energy Impact Partners
8 Climate & Sustainability deals in the last 24 months · 5 at a nearby stage · 6 in 德州三角
Request intro →NVIDIA
8 Climate & Sustainability deals in the last 24 months · 5 at a nearby stage · 6 in 德州三角
Request intro →Breakthrough Energy Ventures
6 Climate & Sustainability deals in the last 24 months · 4 at a nearby stage · 6 in 德州三角
Request intro →Lightspeed
6 Climate & Sustainability deals in the last 24 months · 3 at a nearby stage · 3 in 德州三角
Request intro →DCVC
5 Climate & Sustainability deals in the last 24 months · 2 at a nearby stage · 5 in 德州三角
Request intro →Ranked by each firm’s deals in this sector over the last 24 months, weighted by nearby stage and shared geography. Indicative only — no rating judgment.