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Overview
Fram Energy helps property owners and rental tenants decarbonize homes by funding energy retrofits and sharing the resulting energy savings. The platform supports owners in investing in energy efficiency and renewable energy upgrades and then splits the resulting savings with tenants, making improvements financially attractive for both sides. Fram Energy earns a commission by taking a percentage of the energy savings generated. Its goal is to align incentives so owners improve property sustainability and net operating income while tenants pay less on energy bills and enjoy greener homes, addressing the split incentive in the real estate market and accelerating decarbonization of rental housing.
About Fram Energy
Industries
Data & Analytics
Energy
Enterprise Software
Real Estate
Company Size
11-50
Company Stage
Grant
Total Funding
$690K
Headquarters
New York City, New York
Founded
2023
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Simplify's Take
What believers are saying
- Fram raised $1.35 million across two seed rounds, backing continued product development.
- Fast Company coverage boosted credibility by citing a $150,000 underbilling customer and $50,000 monthly invoicing pain.
- LinkedIn shows 11 employees and a new California account manager, signaling early commercial expansion.
What critics are saying
- No open positions on Fram's careers page signal a tiny team and execution strain.
- Fast Company's underbilling example shows billing mistakes can erase trust and customer margins fast.
- Kraken, Oracle Utilities, and Solarize attack adjacent billing workflows, compressing Fram's differentiation quickly.
What makes Fram Energy unique
- Fram Energy built billing infrastructure for decentralized energy, not generic property software.
- Its platform automates tenant invoices, revenue collection, and enrollment across thousands of distributed assets.
- Charlotte Meerstadt founded it in 2023 after experiencing rental solar split incentives firsthand.
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Funding
Total Funding
$690k
Above
Industry Average
Funded Over
2 Rounds
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 9%2 year growth
↑ 9%On May 1, the U.S. Department of Energy announced the 10 Solar Prize Round 7 finalist teams who were each awarded $100,000 in cash and $75,000 in technical support vouchers for their innovative ideas for advancing solar deployment.
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About Fram Energy
Industries
Data & Analytics
Energy
Enterprise Software
Real Estate
Company Size
11-50
Company Stage
Grant
Total Funding
$690K
Headquarters
New York City, New York
Founded
2023
There are no jobs for Fram Energy right now.
Find jobs on Simplify and start your career today