Euclid Power
AI-enabled platform and expert services for renewable energy project development, financing, and operations.
Website: https://www.euclidpower.com/
Cover Block
From the public record
| Field | Value |
|---|---|
| Name | Euclid Power |
| Tagline | AI-enabled platform and expert services for renewable energy project development, financing, and operations. |
| Headquarters | New York, United States [Crunchbase] |
| Founded | 2021 [Crunchbase] |
| Stage | Series A [Business Wire, September 2025] |
| Business Model | SaaS |
| Industry | Cleantech / Climatetech |
| Technology | AI / Machine Learning |
| Geography | North America |
| Growth Profile | Venture Scale |
| Founding Team | Jacob Sandry, Ryan Guay, Brian DeMaio [Business Wire, September 2025] |
| Funding Label | Series A [Business Wire, September 2025] |
| Total Disclosed | ~$20,000,000 [Business Wire, September 2025] |
Links
From the public record
- Website: https://www.euclidpower.com/
- LinkedIn: https://www.linkedin.com/company/euclid-power/
- Jobs: https://jobs.ashbyhq.com/euclid-power
- Careers: https://www.euclidpower.com/careers
The Short Version
PUBLIC Euclid Power sells software and expert services for renewable energy project development, diligence, financing, transactions, and operations, and it merits investor attention now because the company paired that workflow claim with a $20 million Series A in September 2025 and reported deployment across more than 1,000 U.S. solar and storage projects at the time of financing [Business Wire, September 2025] [Euclid Power, Unknown]. Founded in 2021 by Jacob Sandry, Ryan Guay, and Brian DeMaio, the company is positioning itself around a familiar pain point in energy infrastructure: too much project execution still runs through fragmented documentation, manual diligence, and specialist services that do not sit on shared software rails [Business Wire, September 2025] [OVR, September 2026].
The product thesis is a combined one, not pure software, with Euclid offering platform modules across development, diligence and transactions, engineering and construction, tax credit compliance, and the newer Euclid Blue program management offering; that service layer is likely the practical differentiator if the company can keep margins and delivery quality intact as volume grows [Euclid Power, Unknown] [LinkedIn, 2026]. Public customer references including UBS, Catalyze, and Apollo Global Management strengthen the signal that Euclid is selling into institutional workflows rather than only early-stage developers, though the exact contract structure and customer concentration are not disclosed in public materials [Business Wire, September 2025] [Euclid Power, Unknown].
The founding team's most relevant credential is category proximity: company materials state the co-founders previously worked together on renewable energy investments at Goldman Sachs, and Euclid says that experience informed the product's focus on diligence and execution bottlenecks [Euclid Power, Unknown] [Business Wire, September 2025]. On capitalization, the public record here is simple, with a disclosed $20 million Series A led by Venrock and a venture-scale SaaS framing, but no verified earlier round history or valuation in the cited sources [Business Wire, September 2025] [Crunchbase].
Over the next 12 to 18 months, the key question is whether Euclid can convert early proof points into a repeatable system of record for developers, investors, and asset owners, particularly as it expands AI-assisted diligence products such as Red Flag Snapshot and integrates the acquired Thresh capabilities into a broader platform sell [Morningstar, 2026] [Signalbase, 2026] [Dealroom.co, 2026]. Investors should watch for evidence that named customers expand usage beyond point solutions, that services-heavy offerings such as Euclid Blue deepen retention rather than compressing software economics, and that public traction claims continue to be corroborated by independent sources rather than primarily by company materials [Business Wire, September 2025] [Euclid Power, Unknown].
Unconfirmed -- This section mixes independent reporting from Business Wire and Crunchbase with several material company-sourced claims on product scope, founder background, and customer workflow value.
Taxonomy Snapshot
| Axis | Value |
|---|---|
| Stage | Series A |
| Business Model | SaaS |
| Industry / Vertical | Cleantech / Climatetech |
| Technology Type | AI / Machine Learning |
| Geography | North America |
| Growth Profile | Venture Scale |
| Founding Team | Co-Founders (3+) |
| Funding | Series A, total disclosed about $20,000,000 |
The Company in Brief
PUBLIC
Euclid Power presents as a young but already fairly broad platform company in renewable energy workflow software, with a service layer attached to the product from the start. The company was founded in 2021, is headquartered in New York, and describes its focus as renewable energy project development solutions spanning development, diligence, execution, and asset management workflows [Crunchbase]; [Euclid Power].
The founding team named in public materials is Jacob Sandry, Ryan Guay, and Brian DeMaio [Crunchbase]; [Euclid Power]. On the company site, Euclid ties the origin of the business to the founders' experience in renewable energy investing and execution, arguing that project delivery is slowed by fragmented tools and industry-specific process bottlenecks [Euclid Power].
The clearest public milestone is the company's September 2025 Series A announcement. Euclid said it raised $20 million in a round led by Venrock and, at that point, was embedded in more than 1,000 solar and storage projects across the United States [Euclid Power]; [Crunchbase]. Separate company materials also show an expanding product surface that now includes Development, Diligence & Transactions, Engineering & Construction, Tax Credit Compliance, and Euclid Blue, which suggests the business has moved beyond a single-point tool toward a fuller operating layer for project teams [Euclid Power].
Confirmed across multiple sources -- Confirmed by Crunchbase and company website.
What They Have Built
MIXED
The product story is straightforward on the surface: Euclid sells software plus embedded services into the paperwork-heavy parts of renewable project execution. The company describes its platform as supporting renewable energy project development, financing, and operations, with AI-enabled services layered on top [OVR, September 2026]. On its website, Euclid groups the offering into Development, Diligence & Transactions, Engineering & Construction, Tax Credit Compliance, and Euclid Blue, and says the platform is paired with expert services for development, diligence, execution, and asset management workflows [Euclid Power].
That framing matters because the available evidence suggests Euclid is not positioning as software-only. In the September 2025 Series A announcement, the company said UBS, Catalyze, and Apollo Global Management use its platform and services to identify risks, maintain audit-ready documentation, and shorten diligence and transaction timelines [Business Wire, September 2025]. A newer product, Red Flag Snapshot, was described by Morningstar as a 24-hour diligence screening tool for investors and developers evaluating solar and storage acquisitions, while Euclid's own product page says customer files are uploaded into the platform, analyzed with AI assistance, and then reviewed by domain experts before delivery [Morningstar, 2026]; [Euclid Power, 2026]. That combination points to a hybrid operating model where workflow software and human review are both part of the value proposition.
The company has also used acquisition to widen the product surface. Euclid announced that it acquired Thresh to expand AI-powered diligence capabilities, and external coverage similarly described the deal as adding AI tools intended to reduce administrative burden for renewable developers [Euclid Power]; [Dealroom.co, 2026]; [Climate tech startups turn to AI, 2026]. Separately, job postings and employee profiles indicate Euclid Blue is a program management offering aimed at lean renewable teams whose project workload exceeds internal bandwidth, though the exact technical architecture behind that service is not disclosed publicly [LinkedIn, 2026]; [ClimateTechList, 2026]. There is not enough public evidence to map a deeper software stack or model architecture, so any stack-level read would be speculative.
Single-source, plausible -- Relies on one independent press release and several company-controlled product pages, with partial corroboration from Morningstar, OVR, Dealroom.co, ClimateTechList, and LinkedIn.
Market Size and Demand
PUBLIC The market matters now because renewable power deployment is colliding with a paperwork-heavy capital cycle, and Euclid is positioned where development workflow, diligence, and financing speed meet [Business Wire, September 2025]; [OVR, September 2026].
The constraint is easy to describe even if precise market sizing is not. Public sources support that Euclid sells into renewable energy project development, diligence, transactions, tax credit compliance, and operating workflows, with customers spanning developers, investors, asset owners, and financial institutions [Euclid Power]; [Business Wire, September 2025]. What public sources do not support is a clean third-party TAM, SAM, or SOM for Euclid's exact category, so the more defensible approach is to use adjacent market definitions rather than force a false precision.
The closest analogous market in the supplied evidence is the U.S. solar and storage project pipeline itself. As of Euclid's September 2025 Series A announcement, the company said it was embedded in more than 1,000 solar and storage projects across the United States [Business Wire, September 2025]. That does not size the market, but it does indicate the addressable unit of work is the project, not merely the enterprise account, and that the software-plus-services category can expand with project count, transaction volume, and compliance burden rather than with power prices alone.
Cited market proxies
| Market lens | What the source supports | Why it matters for Euclid |
|---|---|---|
| Renewable project workflow market | Euclid offers platform solutions across development, diligence and transactions, engineering and construction, tax credit compliance, and Euclid Blue program management [Euclid Power] | Suggests spend can attach to multiple stages of the project lifecycle rather than a single departmental tool |
| Investor and developer diligence market | Red Flag Snapshot is described as a 24-hour diligence screening product for investors and developers evaluating solar and storage project acquisitions [Morningstar, 2026] | Points to a transaction-driven budget pool tied to acquisition volume and underwriting speed |
| Renewable portfolio operations market | Euclid Blue is presented as a program management offering for lean renewable energy teams whose project work is outpacing their bandwidth [LinkedIn, 2026] | Indicates adjacency to outsourced operating support, not only software seat sales |
| AI paperwork automation in climate workflows | Euclid's acquisition of Thresh was described as aimed at cutting solar paperwork from weeks to hours [Dealroom.co, 2026]; [Climate tech startups turn to AI, 2026] | Frames a substitute benchmark around workflow automation rather than energy software alone |
The evidence points to demand being pulled by complexity rather than novelty. Euclid's own product framing centers on development, diligence, execution, and asset management tools for renewable energy projects, while named customers such as UBS, Catalyze, and Apollo Global Management are cited as using the platform and services to identify risks, maintain audit-ready documentation, and close deals faster [Euclid Power]; [Business Wire, September 2025]; [Euclid Power: $20 Million Series A Closed For Advancing Renewable Energy Deployment, 2026]; [AI-Powered Energy Startup Euclid Raises $20M Series A Round, 2026]. That pattern matters because it suggests the buyer's pain point is operational delay and documentation risk, both of which tend to persist even when equipment costs or power markets move around.
Adjacent markets are also material here. Euclid is not confined to one software budget line if the public product map is accurate: development management, transaction diligence, engineering and construction coordination, tax credit compliance, and portfolio program management all sit near its current surface area [Euclid Power]. The Thresh acquisition widens that adjacency toward financial analysis and AI-based paperwork handling, which implies competition and budget substitution may come from project management software, diligence boutiques, engineering consultants, and specialized tax credit workflow vendors rather than from a single clean-energy SaaS peer set [Signalbase, 2026]; [Dealroom.co, 2026].
Regulation and macro conditions look favorable in direction, even if the source set here is light on formal policy analysis. The visible hiring around tax credit compliance and transactions, plus the emphasis on audit-ready documentation, indicates that financing structures and compliance obligations are meaningful budget drivers for customers [Euclid Power jobs board]; [LinkedIn]; [Business Wire, September 2025]. In practical terms, a market shaped by more projects, more counterparties, and more incentive-linked documentation tends to reward tools that compress diligence time and standardize records.
from the proxy table is that Euclid's market should be read as a stack of adjacent workflow budgets around renewable project execution, not as a narrow vertical SaaS niche. That expands the revenue surface, but it also makes category definition less tidy and peer benchmarking harder with public data alone.
Single-source, plausible -- Relies on company materials and one independent funding announcement, with no third-party TAM report or independently verified market sizing in the supplied sources.
Who Else Is Fighting for This
MIXED Euclid Power appears to sit between pure software vendors and traditional renewable-energy advisory firms, with its position defined less by a named head-to-head rival in the source set than by the claim that customers use one stack for diligence, transaction execution, and operating support across solar and storage workflows [Euclid Power] [Business Wire, September 2025].
The public record supports a three-part competitive map, even though the captured sources do not name direct startup competitors. First are incumbents in project advisory and transaction services, the consultancies, engineering groups, and specialist diligence providers that already sit inside renewable project workflows, but whose offerings are typically labor-led rather than software-led, according to Euclid's own framing of the category problem [Euclid Power] [OVR, September 2026]. Second are challengers building workflow software for developers, investors, and operators, where Euclid is clearly trying to place itself through its description of an AI-enabled platform for development, diligence, financing, and operations [OVR, September 2026] [Euclid Power]. Third are adjacent substitutes, including internal teams at developers, asset owners, and financial institutions that may decide to keep underwriting, documentation, and project coordination in-house rather than adopt an external platform-and-services model [Business Wire, September 2025] [Euclid Power].
The edge that is most visible today is workflow proximity. Euclid said in September 2025 that it was embedded in more than 1,000 solar and storage projects across the United States, and named UBS, Catalyze, and Apollo Global Management as customers using the platform and services to identify risks, maintain audit-ready documentation, and shorten diligence and transaction timelines [Business Wire, September 2025]. If those accounts are active across repeated project cycles, the company could build a durable data and process advantage from seeing similar documents, risk issues, and approval bottlenecks recur across many transactions. That said, the durability of this edge is not yet proven publicly, because the evidence for deeper proprietary data moats, renewal behavior, or multi-product expansion still rests largely on company descriptions rather than independent operating disclosures [Euclid Power] [OVR, September 2026].
The exposure is equally clear. Euclid does not appear, from the cited public material, to own a mandatory system of record for the broader renewables ecosystem, nor does it appear to control an exclusive distribution channel through developers, lenders, tax equity providers, or utilities [Euclid Power] [OVR, September 2026]. That leaves it vulnerable to two kinds of competition: software vendors that can push into diligence from an existing installed base, and established service providers that can add AI-assisted document review without asking customers to change counterparties. The acquisition of Thresh is relevant here, because it suggests management saw advanced financial analysis and AI-powered diligence as strategically important enough to buy rather than build entirely in-house [Signalbase, 2026] [Dealroom.co, 2026]. That is a sensible move, but it also implies the race is likely shifting toward product breadth and automation speed, not just sector knowledge.
The most plausible 18-month scenario is a sorting of the market by buyer type rather than a single category winner. Euclid is the likely winner if institutional investors and large developers continue to prefer one vendor that combines software with expert execution support, especially in transactions where documentation quality and diligence speed materially affect close rates [Business Wire, September 2025] [Morningstar, 2026]. The likely loser in that scenario is the fragmented manual-services approach, where point consultants and internal spreadsheets remain the operating backbone. The reverse can also happen: if buyers decide AI-assisted diligence is becoming commoditized and only want lightweight software on top of established in-house teams, then service-heavy hybrid platforms are the ones at risk, and Euclid would need to prove that its integrated model produces better outcomes than standalone tools or existing advisors [Euclid Power] [Red Flag Snapshot | Euclid Power, 2026].
Single-source, plausible -- Section is grounded in Business Wire, OVR, Morningstar, Dealroom.co, Signalbase, and company materials, but the source set does not include named direct competitors or independent corroboration of moat durability.
Opportunity
PUBLIC
The prize here is not another niche workflow tool, but a credible claim on the operating layer that sits between renewable project origination, diligence, financing, compliance, and execution for a large share of U.S. solar and storage transactions, if Euclid can turn early customer trust into standardization across the stack [Business Wire, September 2025] [Euclid Power].
The headline opportunity is straightforward. Renewable energy development still appears burdened by fragmented documentation, long diligence cycles, and coordination risk across investors, developers, owners, and service providers, and Euclid is positioning itself directly in that bottleneck with software plus expert delivery rather than software alone [Euclid Power] [OVR, September 2026]. That matters because the public record shows more than a concept. By September 2025, the company had raised a $20 million Series A led by Venrock, said it was embedded in more than 1,000 solar and storage projects across the United States, and named UBS, Catalyze, and Apollo Global Management as customers using the platform and services to identify risks, maintain audit-ready documentation, and shorten transaction timelines [Business Wire, September 2025]. If those references hold in practice, the reachable upside is a category-defining infrastructure company for renewable project workflows, especially in the parts of the value chain where delays and errors are most expensive.
The path to scale is not singular, and the public evidence supports a few distinct expansion cases.
| Scenario | What happens | Catalyst | Why it's plausible |
|---|---|---|---|
| Institutional system of record | Euclid becomes the default diligence and execution environment for investors, developers, and asset owners managing repeated solar and storage transactions | The September 2025 Series A and named use by UBS, Catalyze, and Apollo Global Management give the company a reference base with institutions that can standardize workflow expectations across counterparties [Business Wire, September 2025] | Euclid already frames its platform around development, diligence, transactions, engineering and construction, tax credit compliance, and operations, which is the right breadth for a system-of-record push [Euclid Power] |
| AI diligence wedge expands into full project lifecycle | Red Flag Snapshot and the Thresh acquisition pull Euclid deeper into underwriting and portfolio decisions, then into adjacent execution and compliance work | Product expansion through Red Flag Snapshot and the acquisition of Thresh broaden the diligence layer at a time when transaction volume and paperwork intensity remain high in renewables [Morningstar, 2026] [Dealroom.co, 2026] [Signalbase, 2026] | The company already markets AI-assisted services on top of a workflow platform, which makes diligence a practical land motion rather than a disconnected experiment [Euclid Power] [OVR, September 2026] |
| Services-led platform standard | Euclid Blue and project delivery services become the embedded operating partner for lean teams, with software adoption following service engagement | Hiring around Euclid Blue and public positioning of the offering suggest a deliberate move toward recurring operational ownership inside customer portfolios [ClimateTechList, 2026] [LinkedIn, 2026] | Renewable teams often buy outcomes before they buy standalone software, and Euclid's public positioning repeatedly combines expert services with platform usage rather than forcing a pure self-serve motion [Euclid Power] [OVR, September 2026] |
What compounding looks like is equally legible. A customer can enter through a narrow, high-urgency use case such as transaction screening or tax credit compliance, then expand into development workflows, construction oversight, and portfolio operations once documents, counterparties, and review history already live in one environment [Euclid Power] [Morningstar, 2026]. Each additional project should make the platform more useful operationally, even without a classic consumer-style network effect, because Euclid can reuse process templates, risk patterns, diligence structures, and document standards across similar deals. The acquisition of Thresh points in the same direction, toward deeper financial analysis inside the same workflow, while Euclid Blue suggests a route to distribution through managed execution rather than only seat-based SaaS selling [Dealroom.co, 2026] [Signalbase, 2026] [ClimateTechList, 2026]. The public signs of that flywheel are still early, but named institutional customers, more than 1,000 projects cited by the company in 2025, and a widening product menu are the ingredients one would expect at the start of a compounding enterprise motion [Business Wire, September 2025] [Euclid Power].
The size of the win is harder to pin down because the supplied research does not include a confirmed market sizing study or a clean public comparable focused narrowly on renewable workflow infrastructure. Even so, one plausible upper-end framing is this: if Euclid became the trusted operating layer for a meaningful share of U.S. renewable development, diligence, financing, and compliance workflows, the company could support a multi-billion-dollar outcome (scenario, not a forecast), because the workflow sits close to capital formation and asset turnover rather than only back-office administration [Business Wire, September 2025] [OVR, September 2026]. That is still conditional. The public record supports the existence of institutional adoption, product breadth, and financing to keep building. It does not yet support firm conclusions on retention, software margins, or category ownership.
Single-source, plausible -- This section relies on one strong independent financing source, one independent interview source, and several company-sourced product claims; the upside framing is analytical rather than directly measured.
Sources
From the public record
[Crunchbase] Euclid Power - Crunchbase Company Profile & Funding | https://www.crunchbase.com/organization/euclid-power
[Business Wire, September 2025] Euclid raises $20M Series A led by Venrock to accelerate renewable energy projects with its AI-driven platform and services. | https://www.businesswire.com/news/home/20250904996617/en/Euclid-raises-%2420M-Series-A-led-by-Venrock-to-accelerate-renewable-energy-projects-with-its-AI-driven-platform-and-services
[OVR, September 2026] How Euclid Power Streamlines Clean Energy Development at Scale | https://ovr.vc/inevitable-archive/euclid-power/
[LinkedIn, 2026] Jacob Gross - Euclid Power | LinkedIn | https://www.linkedin.com/in/jacob-a-gross/
[Morningstar, 2026] Euclid Launches 24-Hour Diligence Screening as Renewable Energy Deal Volume Surges | https://www.morningstar.com/news/business-wire/20260924444272/euclid-launches-24-hour-diligence-screening-as-renewable-energy-deal-volume-surges
[Signalbase, 2026] Thresh Power Acquired by Euclid Power | M&A News | Signalbase | https://www.signalbase.ai/ma-news/thresh-power-acquired-by-euclid-power
[Dealroom.co, 2026] Climate tech startup Euclid Power acquires AI platform to cut solar paperwork from weeks to hours | https://dealroom.co/daily/climate-tech-startup-euclid-power-acquires-ai-platform-to-cut-solar-paperwork-from-weeks-to-hours
[Euclid Power, 2026] Red Flag Snapshot | Euclid Power | https://www.euclidpower.com/red-flag-snapshot
[Euclid Power] Euclid Power | Renewable energy project development solutions | https://www.euclidpower.com/
[ClimateTechList, 2026] Director, Euclid Blue | Euclid Power | ClimateTechList live jobs tracker | https://www.climatetechlist.com/job/euclid-power-director-euclid-blue-frVyEFf9zClcTB
[Euclid Power jobs board] Euclid Power jobs board | https://jobs.ashbyhq.com/euclid-power
[LinkedIn] Euclid Power | LinkedIn | https://www.linkedin.com/company/euclid-power/
[Euclid Power: $20 Million Series A Closed For Advancing Renewable Energy Deployment, 2026] Euclid Power: $20 Million Series A Closed For Advancing Renewable Energy Deployment | https://pulse2.com/euclid-power-20-million-series-a-closed-for-advancing-renewable-energy-deployment/
[AI-Powered Energy Startup Euclid Raises $20M Series A Round, 2026] AI-Powered Energy Startup Euclid Raises $20M Series A Round | https://thealleywatch.com/2025/09/ai-powered-energy-startup-euclid-raises-20m-series-a-round/
[Euclid Power, September 2026] Our customers | From startups to institutions | Euclid | https://www.euclidpower.com/customers
[Climate tech startups turn to AI, 2026] Climate tech startups turn to AI | https://www.canarymedia.com/articles/clean-energy-ai/climate-tech-startups-turn-to-ai
[Red Flag Snapshot | Euclid Power, 2026] Red Flag Snapshot | Euclid Power | https://www.euclidpower.com/red-flag-snapshot
Articles about Euclid Power
- Euclid Power's AI Platform Now Manages a 35-Gigawatt Renewable Energy Portfolio — The AI-enabled platform and services firm, which just raised a $20 million Series A, is betting that software and expertise can untangle the industry's most complex deals.