Energy, Automobile, EV, Renewable News | Quativa Secures $7 Million Series A Financing Round Led by Blueprint Equity

Quativa Secures $7 Million Series A Financing Round Led by Blueprint Equity

November 17, 2021

Funding validates residential solar software platform; enables Los Angeles-based company to accelerate product development, customer service, and sales across the country.

LOS ANGELES–(BUSINESS WIRE)–Quativa, Inc., a revolutionary residential solar sales platform and marketplace, announced today it has received a $7 million growth equity investment from Blueprint Equity, whose managing partner Sheldon Lewis joined Quativa’s Board of Directors.

“This funding will fuel the ongoing development of our first-of-its-kind sales platform for the solar industry which links solar sales teams, installers, homeowners, and lenders. It will also help us accelerate our roadmap for the future – broader coverage, upgraded usability, and new tools – we couldn’t be more excited about the future,” said Dallen Gietz, Co-Founder and CEO of Quativa.

“Quativa has experienced exceptional growth since launching earlier this year and what really stuck out to us was Quativa’s all-in-one platform,” commented Lewis. “The solar industry is massive but fragmented – there are no easy ways for sellers and installers to connect. We see this as a tremendous opportunity because we believe Quativa’s centralized platform is well-positioned to scale across the country.”

Currently, at 21 full-time employees, Quativa’s software platform is already used by hundreds of sales representatives in nine states, growing at over 25% per month, and is on track to expand nationwide in 2022.

“We are excited to have Blueprint as a partner in our journey to democratize the way solar and other green home improvement services are sold and managed,” said David Makharadze, Co-Founder and Chief Revenue Officer of Quativa. “Blueprint Equity was able to very quickly understand what we were doing within the cleantech industry and did everything they promised they would throughout our process.”

About Quativa

Quativa is a software platform and marketplace for the residential solar ecosystem. Its all-in-one solution streamlines residential solar projects by connecting sales teams to homeowners, lenders, and solar installation companies through a single application, through which the entire transaction takes place. Quativa reduces the need and cost for multiple applications while providing exceptional customer service through a centralized platform to allow each stakeholder to focus on what they do best. To learn more, visit quativa.com.

About Blueprint Equity

Blueprint Equity provides expansion capital to rapidly growing enterprise software and technology-enabled services businesses across North America. To learn more about Blueprint Equity, visit onblueprint.com.