Omnidian, a provider of comprehensive protection and performance plans for residential and commercial solar and energy storage systems, announced it has secured over $87 million in funding commitment led by B Capital (a global multi-stage investment firm with a strategic partnership with the Boston Consulting Group). This funding also included participation from existing Omnidian investors Activate Capital, Liberty Mutual Investments, National Grid Partners, and WIND Ventures, and new investors like B Capital, Marunouchi Innovation Partners, BNP Paribas Solar Impulse Venture Fund, Citi Impact Fund, and Alumni Ventures.
Value proposition: Driven by a commitment to meet the market demand for a provider that delivers trust, transparency and control for their renewable energy investment clients, Omnidian’s revenue has more than tripled from 2022 to 2024, with a trailing 12-month gross revenue retention rate that sets the company apart in the clean energy industry. With this funding round, Omnidian will prioritize three strategic initiatives to drive scalable and sustainable growth through 2025 and beyond: scaling core operations, geographic expansion, and exploring new product ecosystems.
Omnidian also recently signaled its continued expansion internationally through the acquisition of an industry-leading solar service provider in the APAC region. The company continues to explore opportunities to expand into other key solar and storage markets to provide a singular trusted solution for international clients.
Advisor: Nomura Greentech acted as exclusive financial advisor to Omnidian, and Gunderson Dettmer acted as legal counsel.
KEY QUOTES:
“We built Omnidian on a commitment to protecting and accelerating clean energy investments, transforming the customer experience, driving innovation with cutting-edge, purpose-built technology, and delivering novel business intelligence solutions through our team of clean energy experts. This investment fortifies our foundation and propels us into an exciting new phase of growth, enabling us to deliver unmatched value to our clients and the solar energy industry at large. We’re thrilled to welcome B Capital as our lead investor in this round, alongside meaningful investment from the Marunouchi team and continued support from our longstanding partners, which I’m deeply grateful for.”
Mark Liffmann, CEO of Omnidian
“Omnidian’s unique platform and leadership in the fast-growing clean energy sector, paired with a team deeply focused on client success, operational excellence and talent, gives us great confidence in their ability to scale. We’re excited to partner with a company that’s not only leveraging AI and advanced analytics to unlock value for investors but has also prioritized commercial scalability from day one. Their proprietary machine learning solutions are driving real impact across the industry.”
Jeff Johnson, General Partner at B Capital
“Marunouchi Innovation Partners’ investment principle lies in backing cutting-edge technologies which we believe deployed at scale will allow us to achieve a global carbon-neutral society. Omnidian is a category creator that was purpose-built to solve for one of the clean power industry’s most pressing needs: increasing the uptime of clean energy assets with efficient O&M services, while maintaining a great customer experience. We believe Omnidian is uniquely positioned to deliver on the promises in the U.S. and beyond to Australia and other regions.”
Ichiro Miyoshi, CEO/CIO of Marunouchi
“Omnidian is at the forefront of solving a critical challenge in the solar industry—ensuring systems perform at their best over time. Their platform provides homeowners, communities and businesses with peace of mind, while improving the bankability and reliability of solar assets. We are excited to support their mission to drive long-term value and accelerate clean energy adoption in the U.S. and across the globe.”
Robin Volk, Investing Principal at the Citi Impact Fund
