Perl Street (Founding)
Funding Details
Awarder
YCombinator
Date Award
January 27, 2022
Vertical
Fintech,Credit and Lending
Company Info
Founding Year
2022
Market
Fintech
Location
Austin, TX, USA; Remote
Coinvestors
YCombinator
Company Description

Perl Street is democratizing structured finance through our platform, unlocking billions in financing for sustainable infrastructure and next-generation hardware technologies. Perl Street has already helped multiple hardware startups receive over $140M in debt financing offers from some of the world’s most reputable institutions. Climate change is a massive hardware problem. According to IEA estimates - reaching net zero emissions would require over $4 trillion per year in global clean energy investment. This means we need to upgrade nearly everything with new hardware - from energy storage devices to electric vehicles, charging stations and building electrification. The future of infrastructure is both distributed and resilient. And none of it is possible without financing new hardware.