Startups
Petros PACE Finance is a national leader in providing low-cost, long-term commercial PACE financing, which allows commercial property owners to retrofit their buildings with renewable energy and energy efficient systems by borrowing money from a private lender and repaying the loan via a special assessment on their local property tax.
Petros PACE Finance has significant institutional backing and was founded by a team with a collective 60+ years of experience in building and assisting companies with strategic capital, advice, and strong business relationships.
We have been involved in the PACE market since 2010 and have played a major role in the implementation of many PACE programs. Through our knowledge and experience, we have developed a flexible financing program designed to seamlessly help property owners and industry partners reap the many benefits of PACE financing.
Petros PACE Finance has significant institutional backing and was founded by a team with a collective 60+ years of experience in building and assisting companies with strategic capital, advice, and strong business relationships.
We have been involved in the PACE market since 2010 and have played a major role in the implementation of many PACE programs. Through our knowledge and experience, we have developed a flexible financing program designed to seamlessly help property owners and industry partners reap the many benefits of PACE financing.
Overview
Location
United States, Texas, Austin
Employees
11-50
Total raised
$99M
Founded date
2010
Investors 1
| Date | Name | Website |
| Sign up to see | Sign up to see | Sign up to see |
Funding Rounds 2
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
| Jan 21, 2018 | Funding round | $10M |
Mentions in press and media 5
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Mar 10, 2021 | Petros Funds More Than $100 Million in Refi Transactions with C-PACE as Relief-Valve for Commercial Property Owners Facing Covid Constraints | |
| Jan 21, 2018 | Petros PACE Finance Closes $10M Equity Round | Petros PACE Finance, an Austin, TX-based provider of long-term PACE financing to U.S. commercial property owners, closed on a $10m equity round. The round was led by Alex Rodriguez and his investment firm, A-ROD Corp. The company will use t... |
| Jan 18, 2018 | A-Rod Funds Petros Pace Finance | Petros PACE Finance (www.petros-pace.com) has closed on a $10 million equity round led by Alex Rodriguez and his investment firm, A-ROD Corp. The investment marks the largest single funding round to date for the Austin-based company and wil... |
| Jan 18, 2018 | A-Rod Funds Petros Pace Finance | Petros PACE Finance (www.petros-pace.com) has closed on a $10 million equity round led by Alex Rodriguez and his investment firm, A-ROD Corp. The investment marks the largest single funding round to date for the Austin-based company and wil... |
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FAQ about Petros-PACE Finance
When was Petros-PACE Finance founded?
Petros-PACE Finance was founded in 2010.
How much funding has Petros-PACE Finance raised?
Petros-PACE Finance has raised $99M in total across 2 funding rounds.
What funding rounds has Petros-PACE Finance raised?
Parsers VC lists 2 funding rounds of Petros-PACE Finance, among them a funding round of $10M on Jan 21, 2018.
What has the press written about Petros-PACE Finance?
Parsers VC has collected 5 articles mentioning Petros-PACE Finance, among them “Petros Funds More Than $100 Million in Refi Transactions with C-PACE as Relief-Valve for Commercial Property Owners Facing Covid Constraints” (Mar 10, 2021) and “Petros PACE Finance Closes $10M Equity Round” (Jan 21, 2018).
Is Petros-PACE Finance still active?
Yes, Petros-PACE Finance is active; its latest activity on Parsers VC dates from Jun 16, 2021.