Euclid Power

Euclid Power

Platform and advisory for renewable assets

Overview

Euclid Power provides a purpose-built platform and expert services tailored for the renewable energy sector. It supports investors, developers, and operators across the lifecycle of renewable assets—from development and diligence to execution and ongoing management. The core product combines data management and workflow automation software with specialized advisory services, functioning as an extension of clients’ teams and offering tools to streamline project workflows, shorten timelines, and reduce risks at every stage. Unlike others that separate software and consulting, Euclid Power integrates both to serve as an operating system for the renewable energy industry, helping teams build more projects faster.

Significant Headcount Growth

About Euclid Power

Simplify's Rating
Why Euclid Power is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Consulting

Energy

Enterprise Software

Company Size

51-200

Company Stage

Series A

Total Funding

$20M

Headquarters

New York City, New York

Founded

2021

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Simplify's Take

What believers are saying

  • AI data center demand surges renewable deal volume, boosting Euclid's diligence tools.
  • Platform supports 12GW capacity and $10B investments across 1,000+ projects.
  • $20M Series A from Venrock enables scaling amid 90% US renewables capacity growth.

What critics are saying

  • DNV GL and Wood Mackenzie erode Euclid's share with superior global AI platforms.
  • Open-source Llama 3.1 enables NextEra to build in-house tools, bypassing Euclid.
  • Thresh AI hallucinations trigger false flags, causing client churn by mid-2027.

What makes Euclid Power unique

  • Euclid Power's AI platform cuts transaction timelines by 60% for solar and storage projects.
  • Red Flag Snapshot delivers 24-hour diligence screening with expert-validated AI analysis.
  • Thresh acquisition expands AI-powered document analysis from weeks to hours.

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Funding

Total Funding

$20M

Above

Industry Average

Funded Over

1 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$20M
Euclid Power
$30M
Kalshi

Benefits

Health Insurance

Remote Work Options

Paid Vacation

Paid Holidays

401(k) Company Match

Company Equity

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

2%

2 year growth

3%
Yahoo Finance
Mar 10th, 2026
Euclid launches 24-hour diligence screening as renewable energy deal volume surges

Euclid Power has launched Red Flag Snapshot, a 24-hour diligence screening product for renewable energy investors evaluating solar and storage project acquisitions. The service combines AI-assisted document analysis with expert review to deliver structured risk assessments within one business day. The launch responds to surging transaction volume in renewable energy, driven by growing US electricity demand from AI data centres, manufacturing and electrification. Renewables accounted for over 90% of new US generating capacity in each of the past two years, but traditional diligence processes have struggled to keep pace. Founded by former Goldman Sachs executives, Euclid Power has applied its framework across more than 1,000 solar and storage projects representing over $10 billion in value. The product surfaces risks, document gaps and prioritised questions, with all findings validated by renewable energy experts.

Castle Placement
Sep 23rd, 2025
Top 10 CleanTech/Clean Energy Capital Raises and Investors in the U.S. - September 1st - 15th, 2025

* Euclid Power, a renewable energy investment platform designed to guide through the execution of projects at all stages of the project lifecycle, raised $20 million through a combination of Series A-1 and Series A-2 venture funding in a deal led by Venrock.

PV Tech
Sep 8th, 2025
Euclid raises US$20 million to develop renewables AI platform

Renewable energy software company Euclid Power has raised US$20 million in Series A round led by Venrock to develop an AI-driven platform and services for renewables.

VC News Daily
Sep 5th, 2025
Euclid Power Secures $20M Series A

Euclid Power, based in New York, has announced a $20 million Series A funding round.

FinSMEs
Sep 5th, 2025
Euclid Power Raises $20M in Series A Funding

Euclid Power, a NYC-based provider of an operating system for renewable energy project development, raised $20M in Series A funding

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