United States · 
What does Braemar Energy Ventures invest in?
Braemar Energy Ventures invests most often at Series B and Series C (61% of the rounds on record), in sectors such as Gas, Subscription and Biodiversity.
Braemar Energy Ventures highlights
- 01
74 rounds on record
- 02
Mostly Series B and Series C: 61% of its rounds
- 03
Sole investor in 5 rounds, median $10M
- 04
6 exits from the portfolio
What they do
We are reimagining how we move, power, make and build with technology investments that drive energy transition across industry.From their own website
- Type
- VC firm (from a list, unverified)
- Cheque size
- $5.0M – $25M as they say
- Stages
- SeedSeries ASeries BGrowthPre-IPO
- Sectors
- GasSubscriptionBiodiversity
- Based in
- New York, United States
- Cold pitches
- Accepted
The record
Every round we can evidence, newest first74 appearances
- 2018
1 round
- Nov
- 2017
1 round
- Mar
- 2015
3 rounds
- Jul
- Jun
- Apr
- 2014
10 rounds
- Dec
- Dec
- Dec
- Sept
- Jun
- Jun
- May
- Apr
- Feb
- Feb
- 2013
11 rounds
- Dec
- Nov
- Oct
- Aug
- Jul
- Jul
- Jun
- Jun
- Jun
- May
- Apr
- 2012
11 rounds
- Dec
- Dec
- Dec
- Dec
- Jul
- Apr
- Mar
- Mar
- Mar
- Mar
- Feb
- 2011
12 rounds
- Dec
- Dec
- Jul
An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.
The team
Named by the firm itself, on a filing, its Form ADV or its company registration4 named
DRDennis Ray CostelloPartner, Braemar Capital Management III, L.P.iForm ADV
DDDon D. TappanOfficeriFiling they signed
NSNeil Scott SuslakPartner, Braemar Capital Management III, L.P.iForm ADV
WDWilliam D. LesePartner, Braemar Capital Management III, L.P.iForm ADV
We also hold 20 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.
What the register says
From the firm's own filings with the SEC, which it must file accurately by law
$240Mgross assets of its funds, 3 advisers combinedOct 2026
Exemptreporting adviserventure or small private funds
- Legal name
- Braemar Capital Management III, L.P.
- SEC number
- CRD 295530
What they claim to have backed
From their own portfolio page (on their website)
20 of 32 we have independently watched raise
A123 SystemsAlediaBrightVoltChargePointConvey ComputerEnerkemFulhamGeneral FusionGetaroundGrid NetIOXUSMC10MetalenzProterroSefairaSirrusUtiliDataVereniumVoxel8ZincFiveAlbeoCarbonfree ChemicalsFlywheelFractal SystemsKatechLuminusNuventixOPX BiotechnologiesPowervationRenew FinancialSolazymeUtility
Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.
Exits from the portfolio
Companies it backed that were later bought or listed6 in all
PowervationBought by ROHM Semiconductor$70MJul 2015
NuventixBought by Aavid ThermalloyUndisclosedJul 2014
LumenergiBought by FulhamUndisclosedAug 2013
Luminus DevicesBought by Lightera$22MJun 2013
Albeo TechnologiesBought by General Electric (GE)UndisclosedNov 2012
EnerNOCListedUndisclosedMay 2007
An exit counts when it came after the firm's first round in the company. From historical deal records.