Groom Energy Grabs $2.6M
Groom Energy, a Salem, MA-based company focused on corporate sustainability and energy assessments, said today it has pinned down $2.6 million in funding from a group of angel investors, led by Eyk Van Otterloo, founder of the investment management firm GMO. The money will fund its shared-savings agreements with corporations, where it installs products like solar panels and LED lighting for companies and outsources energy maintenance and monitoring. Groom, whose customers include General Electric and Thermo Fisher Scientific, also plans to add to its engineering team and open up new offices.
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