Darcy Solutions

Darcy Solutions

Private
Saint Paul, MinnesotaEnergy & Sustainabilityhttps://darcysolutions.com

Last Round

Grant

Sep 1, 2024

Total Funding Raised

$4.57M

Momentum Score

50 /100

Company Overview

Darcy Solutions is a geothermal technology company that provides groundwater-based heating and cooling systems designed to improve energy efficiency and decarbonize buildings.

Sector

Energy & Sustainability

Verticals

Renewable Energy, Energy Management, Green Building

Business Model

B2B

Customer Profile

Hardware Sales, Services & Consulting, Hardware + Subscription, Government Contracts

AI Layer

Non-AI

Keywords

geothermal heating and coolinggroundwater geothermalgeothermal systemsurban geothermalcommercial geothermalgeothermal installationground source heat pumpGSHPbuilding decarbonizationgeothermal HVACclosed-loop geothermalaquifer geothermalrenewable heatingsmall footprint geothermalgeothermal design

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Caplight Momentum Score

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Darcy Solutions Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Darcy Solutions Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
GrantSep 1, 2024
GrantSep 1, 2022
AcceleratorMay 20, 2021
AcceleratorDec 1, 2020
GrantJan 31, 2020
Seed
May 22, 2019

Key People

Founding team and executive leadership

Dan King

Chief Technology Officer

Executive Team

Fred Steiner

Chief Strategy Officer, Board Member

Executive Team

Darcy Solutions Investors

Notable investors and investment history

Market signals

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  • May 4, 2026

    Grew 20% QoQ, from 35 to 42 employees.

  • Jan 1, 2026

    Recognized as one of Cleantech 50 to Watch.

Darcy Solutions Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Darcy Solutions Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersSaint Paul, Minnesota
Employee Range42
Year Founded2018
Last FundingSep 1, 2024

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