Euclid Power secured $20 million in Series A funding, as investors bet on renewable energy innovation, AI-driven efficiency, rising energy demand, and the rapid scaling up of solar projects. The New York-based startup raised $20 million in Series A led by Venrock with participation from HSBC Asset Management and other investors.

The milestone reflects how surging energy demand from AI data centers and electrification is reshaping the US power landscape. “With this round, we’re scaling to meet the urgency of the clean energy transition,” said Jacob Sandry, CEO of Euclid.

“Our customers are navigating regulatory friction and market uncertainty every day to supply power that people desperately need. We help them move through that complexity faster, with the precision their projects demand,” added Jacob.

The fresh funding will allow Euclid Power to expand its product suite and strengthen services at a moment when US electricity demand could rise by 25 percent by 2030. AI-enabled workflows will be central to this growth, giving renewable energy developers and investors the speed and precision required to respond to unprecedented energy demand.

Meeting Rising Energy Demand with Innovation

Euclid Power is positioning itself at the heart of the renewable energy transition. Founded in 2021 by Jacob Sandry, Ryan Guay, and Brian DeMaio, the company provides an operating system that accelerates project development for renewable energy teams.

Its platform unifies scattered documentation into actionable intelligence, using AI to tag documents, extract key cost and risk data, and streamline workflows.

Utilities across the country are racing to secure new capacity, and renewable energy remains the cheapest and fastest option. Euclid Power already supports over 1,000 solar projects and storage developments, representing more than 12 gigawatts of capacity and $10 billion in investments. Its clients, including UBS, Catalyze, and Apollo Global Management, rely on the platform to cut transaction times by up to 60 percent.

By digitizing diligence and compliance, Euclid Power enables renewable energy teams to move deals from concept to close in days instead of months. The new funding will also help expand its services team, ensuring developers can stay ahead of regulatory headwinds while maintaining audit-ready documentation.

Bridging the Gap Between Capacity and Demand

The power crisis in the United States highlights the urgency of Euclid’s mission. AI data centers, manufacturing, and transportation electrification are pushing the grid to its limits. With renewable energy expected to deliver more than 90 percent of new power buildout this year, companies like Euclid Power are critical in ensuring projects launch at speed and scale.

The Series A funding not only validates Euclid Power’s role in this shift but also signals investor confidence in the broader renewable energy ecosystem. By empowering teams to manage risk, accelerate closings, and expand portfolios, Euclid Power is bridging the widening gap between supply and demand.

Renewable energy is already the cheapest source of new power, but regulatory bottlenecks and slow project closings have kept developers lagging behind demand. Euclid Power’s system serves as a single source of truth, consolidating technical, commercial, and financial details into a single platform. That kind of precision at scale turns complexity into clarity, which is why investors see it as indispensable for the next wave of solar projects and storage capacity.

“Euclid has transformed our ability to execute deals,” said Stephen Owen, Senior Vice President at Catalyze. “What once took weeks of manual document chasing now happens in days — accurately, transparently, and with the right people aligned from the start.”

A Single Source of Truth for Renewable Energy Teams

Euclid Power has doubled its enterprise client base in 2025 alone, showing that demand for its solutions continues to rise. By providing a single source of truth for project data, it allows teams to align technical, commercial, and financial expertise. This combination provides stakeholders with the clarity to move forward with confidence, even in a rapidly changing energy environment.

As the US races to meet its growing energy demand, Euclid Power’s role as the operating system for solar projects and broader renewable energy development will only expand.

“What makes Euclid exciting is how their team has transformed renewable energy project management. In a market where developers face increasingly complex compliance requirements, customers actively prefer paying Euclid to handle critical workflows rather than just accessing tools,” said Ethan Batraski, Partner at Venrock. “The Euclid team brings decades of experience in the industry, with a vision to unlock gigawatts of new energy resources by fundamentally changing how deals get done.”

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