Startup profile · funding coverage
Light funding, valuation and investors
API and regulated electricity stack so businesses can embed branded power plans into solar, proptech, EV, and fintech products.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Series A
$46M · September 2026
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
$46M
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
series a · Austin, Texas, USA
Overview
Light is an Austin power company founded by former Plaid Head of Product Baker Shogry. Partners launch branded electricity offerings while Light handles licensing, wholesale procurement, billing, support, and VPP participation. Company PR on September 1, 2026 announced a $46M Series A led by Matrix with Activate Capital and returning Spark Capital, Mischief, Gigascale Capital, MCJ, and BoxGroup.
Why Light is interesting
September 1, 2026 $46M Series A led by Matrix with Spark Capital and BoxGroup returning — embedded-finance playbook applied to electricity as Light joins PJM and claims 10x run-rate revenue growth.
Product & use cases
Embedded electricity API with Light as the regulated provider behind partner brands.
- Solar/battery bundled electricity plans
- Proptech resident electricity onboarding
- EV subscription charging plans
Key facts
- $46M Series A led by Matrix (Sep 1, 2026)
- Named partners: Palmetto, GoodLeap, Emporia, Public Grid, Lunar Energy, Moved
- Company claims: ~$60M total equity; >$100M capital base incl. credit; PJM expansion
Funding history (newest first)
Series A
2026-09 $46M- Matrix (lead)
- Spark Capital (participant)
- BoxGroup (participant)
Investors in our directory
Funds linked from Light's profile — open a fund page for stage focus and related deal articles.
Industries
Related funding articles
Venture Capital Tracker pieces that cover Light's financing or category context.
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