Euclid Power just secured a $20 million Series A, and it feels less like another raise and more like a voltage surge for the renewable energy industry. Venrock led the round, HSBC Asset Management joined, and returning believers Spero Ventures, Toba Capital, Designer Fund, and Commonwealth Ventures doubled down. That lineup doesn’t chase shiny objects; it backs operators who can bend timelines and move markets.
Founded in 2021 by Jacob Sandry, Ryan Guay, and Brian DeMaio, Euclid Power came out of pure frustration with billion-dollar projects running on Excel sheets and fractured datarooms. They knew the transition to clean energy couldn’t be built on broken processes. So they built an operating system that centralizes project documentation, strips out noise, and turns scattered files into an audit-ready source of truth. It’s not workflow theater, it’s real AI that tags, extracts, and identifies deadlines, cost lines, and risk like it was born to parse legalese. The payoff is brutal efficiency: diligence and transaction timelines cut by up to 60 percent, meaning deals that once crawled now sprint.
The numbers back the vision. Euclid Power has embedded into more than 1,000 solar and storage projects, supporting 12 GW of capacity and enabling over $10 billion in renewable investments. When clients include UBS, Catalyze, and Apollo Global Management, you know this isn’t just clever software. It’s infrastructure-grade. And as electricity demand in the U.S. is projected to jump 25 percent by 2030 thanks to AI and electrification, positioning at this scale is less strategy and more inevitability.
What separates Euclid Power is the fusion of software and services. They didn’t just code a platform; they built a team that has lived every pain point. With CEO Jacob Sandry, President and Head of Innovations Ryan Guay, COO and Head of Services Brian DeMaio, and CTO Kushal Dave, this is a leadership group that doesn’t pitch features, they deliver outcomes. That’s why Venrock and its partners didn’t just write checks, they wrote endorsements.
The Series A will fuel sharper AI workflows, expanded analytics, and modules for PPA negotiations while scaling services to meet demand. Call it acceleration, not expansion. Euclid Power is positioning itself to capture a meaningful slice of a $100 billion-plus U.S. renewables project development market. The only real suspense is how much capacity and capital flows through their system before the rest of the industry realizes the grid has already shifted.
