"We do not inherit the Earth from our ancestors; we borrow it from our children."

We are at a pivotal moment where we need to actively join climate activists and help save our planet. It might not seem like a lot or as exciting as Tesla, but energy saving and energy efficiency are one of the ways we can do that.

The all-time rise of demand for saving energy, reducing energy costs, and sustainability goals worldwide motivated two men to create Redaptive Inc.

Redaptive Inc. is a portfolio-scale energy solution company and funding provider that empowers companies to optimize their real estate portfolios and helps them save money on their energy bills. John Rhow and Arvin Vohra founded the company in 2014 with the sole purpose of help customers save energy and thus save money.

Read the incredible story of two former investment bankers, who found a way to save money and help the Earth - through Efficiency-as-a-Service!

Leading Figures Behind Redaptive Inc

John Rhow is a Harward graduate who before starting Redapative, served as a Financing Advisor to KPCB's Green Growth Fund and also led Barclays' Western Region Power and Water Infrastructure practice. In addition, he worked for more than 11 years at Goldman Sachs in various financing advisory and other job roles from corporate finance and project financing, to public-private partnership financing.

He has shown special interest about economic empowerment, education, and environmental issues and is quite outspoken on these topics.

Arvin Vohra is a Berkley graduate with a bachelor’s degree in Statistics and Economics. He worked at Enlighted as a vice president of Project Finance. Arvin also spent five years on the Power and Utilities Team at Barclays Capital. He was in charge of project funding and public-private partnership strategies for enabling renewable energy, as well as the Property Assessed Clean Energy program.

Arvin and John saw the potential and value the field of energy efficiency had. They decided to create a number of services for industrial and commercial customers. Their idea of Efficiency-as-a-Service would prove to be no only a highly profitable one, but also incredibly valuable for saving Earth. The final result? Redaptive Inc was formed as a result.

The Story Behind Redaptive Inc and What It Does

All beginnings are naturally hard, but Arvin and John turned their hardships into opportunities. Both successful investment bankers with thorough knowledge of finance, quickly realized then potential investing in energy efficiency had. Unlike many initially thought, lack of capital wasn’t the only obstacle to such investments - it was lack of staff as well. So, Redaptive sought to not only provide financing but also trained staff who can help customers see results.

In the beginning, the company started with third-party technology to create their platform. Challenging and expensive, but it didn’t stop Arvin and John as they went on to develop their own applications and project management services.

It's been shown that buildings in the United States utilize only 30% of the country's energy and emit 30% of its emissions. This is where Redaptive, with its services, jumps in. Redaptive consists of several services. It is partly funding, partly program management, data analytics, and technologies, a mix of a variety of different industries.

What Redaptive is achieving is it changes the way buildings use resources, benefiting people and the environment. Redaptive goes with the concept that energy efficiency is essential to society and the economy. It is suitable for the company, the world and it saves money while you do it. Arvin and John want to change the behavior to be proactive with the consumers and the industry. To show that if you risk and change your mindset, you can make your company save money, save energy and contribute towards a better tomorrow.

Their goal is to fundamentally enable customers to build a solution that meets their exact needs but make it highly scalable so Readabtive can also grow as a company. Their ultimate goal is to offer end-to-end service.

To make it easy for companies to take the risk, Redaptive first helps them assess how much energy they're actually using. They use a method to initially show how many kilowatt-hours the company is wasting, which is bad not only for them but for the environment as well.

Redaptive then works with businesses to identify conversions to target and organizes the necessary improvements, saving time and money to the companies while generating instant savings. They bill the consumer for a portion of the savings over time, which is verified by the meter data. When the contract expires, the consumer receives all net energy savings.

They do it ingeniously without requiring any upfront cash. Customers pay from the savings on their energy bills, which are publicly tracked using machine learning and artificial intelligence. Redaptive uses predictive analytics to assist clients in tracking, forecasting and planning their energy demands.

For instance, Readaptave has installed new LED lights in over 600 buildings, lowering annual electricity use by approximately 160 million kilowatt-hours -which would be the equivalent of nearly 10.7 million gallons of gasoline produced in greenhouse gases. According to the company and the results, the savings amount reaches a net of $20 million per year.

But Redaptive helps the environment in more ways than just saving energy. It has developed and launched a recycling program for lighting that is old and replaced, which prevents it from becoming hazardous waste. This has also helped create new jobs while caring for the environment at the same time.

Building of the Company's Financial Assets

Over the years, using their experience and knowledge, John and Arvin created and managed this platform and company very carefully. Redaptive is growing and continues to do so steadily..

After the huge success on the Market, Redaptive partnered up with companies such as Good Year, AT&T, GAP, Aramark, and even Swedish health, which are pivotal for the company's growth. This also means a variety of company profiles are willing to save money on energy bills and be environmentally responsible.

Arvin and John's ideas and concepts were welcomed and drew clients and investors in.

When they started the company, they raised $15,000,000 from Armentum Partners back in 2015. In 2018 they also received funds from CBRE, the largest company for real estate and investing.

As of today, Redaptive has 9 investors. With Energy Ventures and Car Val being the most recent ones.

Redaptive Inc. Today

Today many are taking up the example and the success of Redaptive Inc. Redaptive currently has over 190 employees, and its headquarters are in San Francisco. They have two offices in Denver, Colorado, and Puna, India, as they look into expanding their services outside of North America.

In November of 2021, Redaptive has filed for an IPO with a proposed offering amount of $100 million. There is still no information about the outcome. As the company is always on the look to improve their already existing services, with their team of experts and motivation for achieving sustainability and putting efficiency on the radar as a bedrock, their success in conquering the market outside North America is inevitable.