Building the financial network of the climate economy
To accelerate the transition to a sustainable future, Tenet has built a financial marketplace where the right thing for the planet is also the right thing for consumers’ wallets. This is the simple idea that Tenet was founded on: people should save money for electrifying their lives. We believe that financial incentives are usually the most persuasive incentives, so we set out to build a platform that rewards people for making climate-positive decisions.Tenet integrates its climate financing infrastructure with mission-aligned partners across the country, including EV dealerships, online marketplaces, financial services, and home installation platforms. And, since we only partner with ESG and sustainability-focused institutional investors when it comes to funding climate loans, Tenet can offer consumers best-in-class rates that financially reward their sustainable decisions.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Nov 17, 2022 | Debt Financing | $25M | 1 | NY Green Bank | — | Detail |
Jun 28, 2022 | Seed | $18M | 8 | Giant Ventures Human Capital | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
NY Green Bank | Yes | Debt Financing |
Giant Ventures | Yes | Seed |
Human Capital | Yes | Seed |
Breyer Capital | — | Seed |
Firstminute Capital | — | Seed |
Global Founders Capital | — | Seed |
Gokul Rajaram | — | Seed |
Michael Ovitz | — | Seed |
Michael Tannenbaum | — | Seed |