cleantechmethods.com

CleanTech Methods helps utilities streamline and modernize the process for renewable energy projects to interconnect with their electric grid, and helps renewable energy projects find and close financing.

Year Founded
2016
Product Stage
v1 Launched
Funding Stage
Private
Team Size
6
Industry
Energy / Renewables
Year Founded
2016
Funding Stage
Private
Industry
Energy / Renewables
Product Stage
v1 Launched
Team Size
6
Product Stage
Funding Stage
Team Size
Year Founded
Industry
2016
v1 Launched
Private
6
Energy / Renewables

leadership team

Chris Sewell, Co-Founder & CEO - Chris has been working in the cleantech and renewable energy finance sectors for 10 years.

why foundertherapy

Major Business Milestones
  • Build sales prototype
  • Close first seed round of financing
  • Secure an LOI from first utility customer

Through their domain expertise in renewable energy, Chris and Michael had identified a problem in the ability of utilities to handle an increasing number of interconnection applications from renewable energy developers, and they had some rough ideas on a solution. They were looking for a team that could extract their knowledge and transform it into a prototype that could be used for early sales and fundraising meetings. They were drawn to FT because our Tech for Good practice, and convinced that we were capable of meeting their timeline and budget based largely on our early “sense-making” meetings with them, and the endorsements provided by former and current clients.

Through their domain expertise in renewable energy, Chris and Michael had identified a problem in the ability of utilities to handle an increasing number of interconnection applications from renewable energy developers, and they had some rough ideas on a solution. They were looking for a team that could extract their knowledge and transform it into a prototype that could be used for early sales and fundraising meetings. They were drawn to FT because our Tech for Good practice, and convinced that we were capable of meeting their timeline and budget based largely on our early “sense-making” meetings with them, and the endorsements provided by former and current clients.

Major Business Milestones
  • Build sales prototype
  • Close first seed round of financing
  • Secure an LOI from first utility customer

our role & impact

Roles We Play
  • CPO
  • Product Execution
  • Customer Development

Within the first 6-weeks, FT was able to develop a sales prototype for a 3-sided marketplace that showcased how CTM would vastly streamline and modernize the grid interconnection process for both utilities and renewable energy project developers, all while providing enhanced transparency to the utilities regulators responsible for oversight of the process. Following that initial engagement, FT continued to work with CTM on customer development activities and early sales conversations with utilities, representing the technical leadership team. It was ultimately through this process that CTM realized that while the interconnection product solved a real problem for utilities and developers, the market had an even more significant pain point around renewable energy financing, and the CTM team made a strategic and beneficial pivot.

Roles We Play

Within the first 6-weeks, FT was able to develop a sales prototype for a 3-sided marketplace that showcased how CTM would vastly streamline and modernize the grid interconnection process for both utilities and renewable energy project developers, all while providing enhanced transparency to the utilities regulators responsible for oversight of the process. Following that initial engagement, FT continued to work with CTM on customer development activities and early sales conversations with utilities, representing the technical leadership team. It was ultimately through this process that CTM realized that while the interconnection product solved a real problem for utilities and developers, the market had an even more significant pain point around renewable energy financing, and the CTM team made a strategic and beneficial pivot.

  • Build sales prototype
  • Close first seed round of financing
  • Secure an LOI from first utility customer

What they say