Company Profiles

driven by the PitchBook Platform

Verdant Power

Description

Manufacturer and installer of tidal power and hydroelectric systems. The company’s systems employ underwater turbines to generate energy from the natural water currents of rivers, tides, and man made channels. It also develops renewable energy projects in the United States, Canada, and internationally.

2000

Founded

PRIVATE

Status

11-50

Employees

Grant

Latest Deal Type

$670k

Latest Deal Amount

$16.4M

Total Amount Raised

Description

Manufacturer and installer of tidal power and hydroelectric systems. The company’s systems employ underwater turbines to generate energy from the natural water currents of rivers, tides, and man made channels. It also develops renewable energy projects in the United States, Canada, and internationally.

Website:

www.verdantpower.com

Ownership Status

Privately held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Alternative Energy Equipment

Primary Office

The Octagon 888 Main Street, Suite 1 New York, NY 10044United States +1 (703) 528-6445
Request a free trial to the PitchBook Platform
You're viewing a free company profile from the PitchBook Platform. To explore Verdant Power's full profile, request a free trial.

Verdant Power Valuation and Funding

Request access
Deal TypeDateAmountRaised to DatePost-ValStatusStage

Verdant Power Investors (2)

Request access
Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
Spring Lake Equity PartnersVenture CapitalMinority000 0000000 0000
U.S. Trade and Development AgencyOtherMinority000 0000000 0000
Spring Lake Equity Partners Venture Capital
U.S. Trade and Development Agency Other

Verdant Power Executive Team (8)

NameTitleBoard
Seat
Contact
Info
David SharplessChief Executive Officer & Board Member
John BaniganChief Financial Officer
Dean CorrenChief Technology Officer
Jonathan ColbyDirector, Technology Performance
Trey TaylorChief Marketing Officer, Owner, Board Member & Co- Founder
David Sharpless Chief Executive Officer & Board Member
John Banigan Chief Financial Officer
Dean Corren Chief Technology Officer
Jonathan Colby Director, Technology Performance
Trey Taylor Chief Marketing Officer, Owner, Board Member & Co- Founder

Verdant Power Board Members (5)

NameRepresentingRoleSinceContact
Info
David SharplessVerdant PowerChief Executive Officer & Board Member000 0000
Frank WilliamsVerdant PowerVice Chairman000 0000
Joe KleinVerdant PowerChairman000 0000
Ronald SmithVerdant PowerCo-Founder, Board Member & President000 0000
Trey TaylorVerdant PowerChief Marketing Officer, Owner, Board Member & Co- Founder000 0000
David Sharpless Chief Executive Officer & Board Member Verdant Power
Frank Williams Vice Chairman Verdant Power
Joe Klein Chairman Verdant Power
Ronald Smith Co-Founder, Board Member & President Verdant Power
Trey Taylor Chief Marketing Officer, Owner, Board Member & Co- Founder Verdant Power
Request full access to PitchBook