Omnidian Announces $87M Series C for Renewable Energy Performance
Gunderson Dettmer proudly represented Omnidian, a leading provider of comprehensive protection and performance plans for residential and commercial solar and energy storage systems, in its $87 million Series C financing. The round was led by B Capital, a global multi-stage investment firm with a strategic partnership with the Boston Consulting Group, and included participation from both existing and new investors.
The investment underscores strong confidence in Omnidian’s mission to lead the industry in performance assurance for distributed renewable energy resources. Alongside B Capital, other notable participants in the round included Marunouchi Innovation Partners (MIP), BNP Paribas, Citi Impact Fund, Alumni Ventures, and existing investors Activate Capital, Liberty Mutual Investments, National Grid, and WIND Ventures.
In the announcement of the transaction, Omnidian’s CEO, Mark Liffmann, shared, “This investment fortifies our foundation and propels us into an exciting new phase of growth, enabling us to deliver unmatched value to our clients and the solar energy industry at large. We’re thrilled to welcome B Capital as our lead investor in this round, alongside meaningful investment from the Marunouchi team and continued support from our longstanding partners, which I’m deeply grateful for.”
The Gunderson deal team was led by partner Maggie White and included associates Damon Zhangchai, Brenden Glapion, Ben Lezin, Mark Mabry and Melissa Brekke.