GreenLancer.com Raises Additional $225,000 To Complete Series A
Seeking to solve the problem of finding green energy engineering plans for a solar energy project, Detroit’s GreenLancer.com announced today that they have raised an additional $225,000 to complete their $500,000 Series A round.
GreenLancer.com’s investors are a posse of Michigan-based companies including Bizdom (Detroit), Start Garden (Grand Rapids), Blue Water Angels (Midland), Northern Michigan Angels (Traverse City) and a private investor.
As a web-based solar engineering company, Greelancer.com provides online technical documents, engineering services and financial modeling through a national network of engineers that are supported by the cloud. The value proposition for Greenlancer.com breaks down to two components: cheaper and faster.
From past experience, we know that solar engineering services aren’t cheap and often take a while. But most companies are aware of this when they undertake solar projects. Being the fastest and the cheapest isn’t necessarily an advantage unless their bright spot is working with companies that don’t have an understanding of utility-scale projects.
Greenlancer.com plans on spending their newly found capital on supporting their “ambitious growth plan” but one cannot help but think they should spend a little on developing a new name and upgrade the content on their web site so that it would actually entice potential customers to try their unique service.
