Mona Lee: $3.25 Million Closed To Make Solar Installation Affordable
Summary
Mona Lee closed a $3.25 million seed round to expand its home solar, storage, and EV charging installation business. The Boston-based startup uses an AI-powered buying experience to simplify system design and purchasing for homeowners. It says the product cuts consumer costs by 40-50% and has already grown to more than 150 new customers per month across seven states. The company plans to use the funding to accelerate growth and reach more homeowners in the U.S.
Funding
Amount
$3.3M
Total raised
Date
March 8, 2024
Announcement date
Investors
Boston Celtics, Ludlow Ventures
Lead investors
Company
-
Funded company
Classifications
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applications
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