Published Oct. 7, 2013
Charleston-based GreenWizard Inc. recently closed on a $4 million Series B equity round of financing to fund its future growth.
Founded in 2008, GreenWizard will use the funds to further build out and market its product management workflow and project tools for LEED, or Leadership in Energy and Environmental Design, and green construction.
“We are very excited by the market opportunity for GreenWizard over the next 18 months,” said Larry Blackwell, GreenWizard’s board member and Series A investor, in a news release.
The participants in the round were composed of both new and existing angel investors and venture capital firms. The company’s last equity round, a $1.15 million Series A, closed in March of 2010.
GreenWizard offers a software platform that enables the design and construction community to better manage products and project data, collaborate on projects, assess LEED design and construction credits, integrate with LEED Online, and archive projects.
“We are thrilled by this investor vote of confidence in our model, our team and our execution to date. ... We feel that the marketplace has now validated our hypothesis. In a few short years, GreenWizard has secured the largest design/construction firms and building product manufacturers in the world as our customers,” said GreenWizard’s Founder and CEO Adam Bernholz in a news release.