Oversubscribed Round Underscores Confidence in Company’s Long-Term Vision and Transformative Technology-Driven Experience for Enterprise Clients
SEATTLE–(BUSINESS WIRE)–Omnidian (the “Company”), provider of comprehensive protection and performance plans for residential and commercial solar and energy storage systems, today announced it has secured a more than $87 million funding commitment led by B Capital, a global multi-stage investment firm with a strategic partnership with the Boston Consulting Group. This investment, which includes participation from existing Omnidian investors Activate Capital, Liberty Mutual Investments, National Grid Partners and WIND Ventures, as well as new investors such as, B Capital, Marunouchi Innovation Partners (“Marunouchi”), BNP Paribas Solar Impulse Venture Fund, Citi Impact Fund and Alumni Ventures, underscores continued confidence in Omnidian’s mission: to be the industry leader in performance assurance for distributed renewable energy resources.
“We built Omnidian on a commitment to protecting and accelerating clean energy investments, transforming the customer experience, driving innovation with cutting-edge, purpose-built technology, and delivering novel business intelligence solutions through our team of clean energy experts,” said Mark Liffmann, CEO of Omnidian. “This investment fortifies our foundation and propels us into an exciting new phase of growth, enabling us to deliver unmatched value to our clients and the solar energy industry at large. We’re thrilled to welcome B Capital as our lead investor in this round, alongside meaningful investment from the Marunouchi team and continued support from our longstanding partners, which I’m deeply grateful for.”
Driven by an unwavering commitment to meet the market demand for a provider that delivers trust, transparency and control for their renewable energy investment clients, Omnidian’s revenue has more than tripled from 2022 to 2024, with a trailing 12-month gross revenue retention rate that sets the Company apart in the clean energy industry. With this infusion of capital, Omnidian will prioritize three strategic initiatives to drive scalable and sustainable growth through 2025 and beyond:Scaling Core Operations to meet growing demand for post-installation clean energy solutions while enhancing client satisfaction with seamless service delivery.
Geographic Expansion into high-potential markets, including deeper growth in Australia and opportunities in new markets.
Exploring New Product Ecosystems and product lines, such as electric vehicle (EV) charging infrastructure and commercial energy storage solutions.
“Omnidian’s unique platform and leadership in the fast-growing clean energy sector, paired with a team deeply focused on client success, operational excellence and talent, gives us great confidence in their ability to scale,” said Jeff Johnson, General Partner at B Capital. “We’re excited to partner with a company that’s not only leveraging AI and advanced analytics to unlock value for investors but has also prioritized commercial scalability from day one. Their proprietary machine learning solutions are driving real impact across the industry.”
“Marunouchi Innovation Partners’ investment principle lies in backing cutting-edge technologies which we believe deployed at scale will allow us to achieve a global carbon-neutral society. Omnidian is a category creator that was purpose-built to solve for one of the clean power industry’s most pressing needs: increasing the uptime of clean energy assets with efficient O&M services, while maintaining a great customer experience,” said Ichiro Miyoshi, CEO/CIO of Marunouchi. “We believe Omnidian is uniquely positioned to deliver on the promises in the U.S. and beyond to Australia and other regions.”
“Omnidian is at the forefront of solving a critical challenge in the solar industry—ensuring systems perform at their best over time,” said Robin Volk, Investing Principal at the Citi Impact Fund. “Their platform provides homeowners, communities and businesses with peace of mind, while improving the bankability and reliability of solar assets. We are excited to support their mission to drive long-term value and accelerate clean energy adoption in the U.S. and across the globe.”
Omnidian recently signaled their continued expansion internationally through the acquisition of an industry-leading solar service provider in the APAC region, and the Company continues to explore opportunities to expand into other key solar and storage markets, to provide a singular trusted solution for international clients.
Nomura Greentech acted as exclusive financial advisor to Omnidian, and Gunderson Dettmer acted as legal counsel.
About Omnidian
Omnidian’s mission is to protect and accelerate capital investments in clean energy through innovative technology, passionate teams and an amazing customer experience. Headquartered in Seattle, WA and with international operations in Australia, Omnidian serves many of the world’s leading renewable energy investors, providing comprehensive protection and performance plans that drive dependable investment returns and long-term asset performance for solar and battery storage systems. Omnidian’s global team of 375+ solar enthusiasts supports clients with cutting-edge technology and unparalleled customer service.
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