We are delighted to announce Greycroft’s investment in Tetra, a pioneering company focused on simplifying the transition to clean energy for homeowners. This funding marks a significant milestone in Tetra’s journey, and we are excited about the transformative potential it holds for the clean energy landscape.
Tetra has a simple yet powerful message for consumers: ‘Don’t sweat your cooling & heating replacement.’ The company is on a mission to simplify the often complex journey toward eco-friendly heating and cooling solutions. In a world where environmental concerns are paramount, Tetra’s streamlined platform offers a one-click solution, providing homeowners with instant quotes for efficient and affordable clean energy options, along with seamless installation services. Imagine the ease of online shopping, now applied to making sustainable choices for your home.
Tetra’s innovative approach couldn’t come at a more critical time. Rising energy costs and unpredictable weather patterns are driving a surge in demand for more efficient home energy solutions, and consumers want an affordable, environmentally friendly choice when replacing their systems. Tetra, under the leadership of CEO and Founder Max Veggeberg, is addressing this demand head-on by developing a proprietary technology that simplifies the process of adopting cost-efficient and environmentally friendly home heating and cooling solutions.
Max Veggeberg’s leadership at Tetra is backed by a remarkable track record as the former CEO of HomeWorks Energy, a successful company in the energy conservation space. His experience and commitment to driving consumer adoption of home energy efficiency initiatives, notably through the Mass Save program, position Tetra as a formidable force in the clean energy space.
We’re thrilled to partner with Max and the rest of the Tetra team as they aim to build a cleaner, greener, and more sustainable future — one home at a time. We are joined on the journey by Dan Teran at Gutter Capital a founder we partnered with on his last business, Isabelle Phelps at Lerer Hippeau who we often co-invest with and Ginny Miller at 1Sharpe Capital.
Disclaimer: This publication was prepared solely for informational purposes and should not be viewed as a current or past recommendation or a solicitation of an offer to buy or sell any securities or to adopt any investment strategy. The information included herein is based on the opinions of the authors and nothing shall, or is intended to, constitute investment, financial, legal, accounting, or tax advice by the authors or Greycroft. This publication contains forward-looking statements, which are based on beliefs, assumptions and expectations that may change as a result of many possible events or other factors. Such statements involve known and unknown risks, uncertainties and undue reliance should not be placed thereon. The information in this document has been developed internally and/or obtained from sources believed to be reliable; however, Greycroft does not assume any responsibility for the accuracy or completeness of such information. Greycroft does not undertake any obligation to update any forward-looking statements to reflect circumstances or events that occur after the date on which such statements were made. Any investments or portfolio companies mentioned, referred to, or described are not representative of all investments in vehicles managed by Greycroft, and there can be no assurance that the investments will be profitable or that other investments made in the future will have similar characteristics or results. A list of investments made by funds managed by Greycroft is available at https://www.greycroft.com/investments/.
