💰The Funding Letter #1451: July 2

LiveOak Fiber, Spruce Power, K Health, and more...

July 02, 2024


Good Morning! This exclusive edition of The Funding Letter comes to you from our headquarters in New York City. 🔥New Sales Gigs from Memfault and Rec below!

Hit the Gong 🎉

Source: @sales_humor

Daily Deals 💸

🌎 Americas

LiveOak Fiber provides a premier all-fiber broadband service that ensures access to affordable, and reliable digital infrastructure in traditionally underserved markets, providing users with high-speed broadband to homes and businesses. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $250M, Debt Financing

Round Investors: JP Morgan (lead)

🚀Growth Focus: Continue its progress and expand further into new and existing communities.

HQ: Brunswick, GA

Industry: Telecommunications

Employee Count: 84 (⚡17% increase in last 6 months)

Spruce Power provides subscription-based renewable energy with products such as home energy solutions and system expansions, making it possible for homeowners to benefit from rooftop solar power and battery storage. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $130M, Post-IPO Debt

Round Investors: Barings (lead)

🚀Growth Focus: Improve its financial standing and continued growth in partnership with Barings.

HQ: Houston, TX

Industry: Services for Renewable Energy

Employee Count: 144

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