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§ Private Profile · 205 E 42nd St, New York City, New York, 10017, United States
Energy technology for commercial real estate, optimizing building energy efficiency, clean energy generation, storage, and trading.
Based in New York City, Blueprint Power develops energy optimization technology that transforms commercial real estate portfolios into flexible power networks capable of generating, storing, and trading clean energy with the grid. The company's systems integrate assets such as solar panels, batteries, and HVAC units, currently managing 13 megawatts of renewable energy capacity for its clients with a target of reaching 36 megawatts. Prior to its acquisition, the firm raised up to $10 million in total funding, including a $3.5 million Series A round co-led by Congruent Ventures and MetaProp NYC. In 2021, the business was acquired by the multinational energy corporation BP for tens of millions of dollars, subsequently joining the BP Launchpad accelerator to scale its grid-balancing operations. Blueprint Power was founded in 2017 by Robyn Beavers after initially being incubated within Lennar.
Blueprint Power has raised $4.0M across 1 funding round.
Blueprint Power has raised $4.0M in total across 1 funding round.
Blueprint Power has raised $4.0M in total across 1 funding round.
Blueprint Power's investors include Congruent Ventures, Brad Burnham, Fred Wilson, MetaProp, Blackhorn Ventures, BP Ventures, Frontier Ventures, G2VP, Gotham Gal Ventures, Kleiner Perkins, SOSV, Third Point Ventures.
Blueprint Power is a New York City-based technology company that provides services and software to help building owners unlock "flexible energy capacity"—the ability of buildings to generate, store, and manage energy from onsite sources like solar, batteries, EV chargers, and existing systems such as chillers.[1][2][3][5] It serves commercial real estate, manufacturing, industrial, retail, and other building owners, solving the energy trilemma of adding cash flow, reducing carbon emissions, and boosting operational resilience by optimizing energy use, connecting to grid programs, and implementing clean energy strategies.[1][2][5][6] The company delivers this through hardware like DIGBOX® metering for real-time data, an online portal for analytics, modeling for new capacity, and enrollment in demand response markets that pay for flexibility, enabling quick wins like cash flow in months alongside long-term decarbonization.[2][5]
Growth momentum stems from its evolution into a bp (BP plc) company, scaling solutions across portfolios amid rising demand for grid-interactive buildings, with a focus on aggregating capacity for greater impact.[1][2]
Blueprint Power was founded in 2018 in response to U.S. energy regulatory shifts following Hurricane Sandy and other extreme storms, which highlighted the need for grid-interactive buildings to provide services like flexibility during crises.[1] Emerging from New York City, the company aimed to accelerate the growth and financial sustainability of distributed, intelligent clean energy, born from the recognition that buildings could support grid resiliency more affordably than new infrastructure.[1][3] Early traction came from addressing post-storm vulnerabilities, evolving into comprehensive services; a pivotal moment was its acquisition by bp, integrating it into a major energy giant's portfolio to amplify reach in clean energy markets.[1]
Blueprint Power rides the trend of grid modernization and electrification, where extreme weather, renewable intermittency, and decarbonization mandates demand flexible, distributed energy resources (DERs) over costly grid expansions.[1][2] Timing aligns with post-Sandy regulations, IRA incentives, and rising EV/solar adoption, enabling buildings—major energy consumers—to close supply-demand gaps affordably while cutting waste and emissions via onsite power.[1][6] Market forces like volatile energy prices, corporate net-zero pledges, and grid strain from AI data centers favor its model, influencing the ecosystem by proving commercial viability of "flexible capacity," spurring adoption of intelligent buildings and aggregated DERs for community-wide resilience.[1][3][5]
Blueprint Power is positioned to expand as a bp-backed scaler of building-grid integration, with next steps likely including broader DER aggregation, AI-enhanced optimization, and entry into emerging markets like vehicle-to-grid (V2G).[1][2] Trends such as deepening decarbonization policies, AI-driven energy forecasting, and hyperscale electrification will propel growth, potentially evolving its influence from service provider to ecosystem orchestrator, partnering with more portfolios to monetize flexibility at grid scale. This builds directly on its post-2018 mission: transforming buildings into active grid assets for a resilient, lower-carbon future.[1]
Blueprint Power has raised $4.0M across 1 funding round. Most recently, it raised $4.0M Series A in July 2018.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 1, 2018 | $4M Series A | Congruent Ventures, Brad Burnham, Fred Wilson, MetaProp | Blackhorn Ventures, BP Ventures, Frontier Ventures, G2vp, Gotham GAL Ventures, Kleiner Perkins, SOSV, Third Point Ventures, Union Square Ventures, Bradley Horowitz, William Mougayar, Craig Robins, 174 Power Global, Fifth Wall, Lennar Corporation, Urban US, URBAN X | Announced |