United States · Funded startup

Who invested in Budderfly

One round we have observed, with the 2 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cleantech

Funding summaryUpdated 26 Oct 2026

$55Mraised across 1 round since 2019, from 1 source

Latest round
Debt, $55MJun 2019
Led by
Balance Point Capital
Investors
2 (1 led)
See who backed them

The rounds

  1. Jun 2019

Founders and team

From Budderfly's own website: 19 on the team.

  • Adrien MerveilleDirector, Engineering Implementation
  • Beth CrouchetDirector Energy Markets & Resource Planning
  • Bill ButlerDirector, Technology Implementation
  • Brendan PierceDirector of Sustainability
  • Brian ThomasController
  • Briana AshiotesAssociate General Counsel, Energy & Regulatory
  • Bryn HigleyDirector, HVAC Field Operations
  • Eric JadachDirector, Program Document Control & Customer Support
  • Evelyn Hernandez-DiazDirector, Field Operations
  • Ken FassmanDirector, Product Management
  • Kenneth BudaDirector, IT Operations
  • Kurt HoffmannDirector, Energy Performance Engineering
  • Kushang ChaudhariDirector, Solutions Engineering
  • Kyle BernierSenior Director, Customer Management
  • Mark WilliamsDirector, Product Management
  • Megan FullagarSenior Director, Brand Marketing
  • Melissa GuarracinoSenior Director, Customer Management Operations
  • Nicholas CottoneDirector, Events Marketing

And 1 more on the team.

Everyone who backed them

Balance Point CapitalPrivate credit1round, led 1
Connecticut InnovationsGovernment1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Budderfly

Who invested in Budderfly?

Budderfly's investors include Balance Point Capital and Connecticut Innovations. Balance Point Capital led its latest round.

How much has Budderfly raised?

Budderfly has raised $55M across 1 round since 2019.

When did Budderfly last raise?

Budderfly's most recent round was a Debt of $55M in Jun 2019, led by Balance Point Capital.

What was Budderfly's biggest round?

Its most recent round, $55M in Jun 2019, is also its largest on record.

Who backed Budderfly first?

Budderfly's first round on record, in Jun 2019, was backed by Balance Point Capital and Connecticut Innovations.

What stage is Budderfly at?

Budderfly's latest named round is a Debt, in Jun 2019.

Where is Budderfly based?

Budderfly is based in the United States.

Who led Budderfly's rounds?

Balance Point Capital led the Debt in 2019.

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