--- title: Xendee Raises $12M Series A Financing to Accelerate Deployments of Net-Zero Distributed Energy Systems description: Xendee announced that it has raised $12M in Series A financing to accelerate deployments of net-zero distributed energy systems. image: https://xendee.com/hubfs/sustainable-energy-800x450.jpg --- [Skip to the main content.](https://xendee.com/insights/series-a-financing#main-content) **[Watch Sessions from Xendee University Week 2026 | A Community-Driven Virtual Event for Microgrid and DER Professionals](https://xendee.com/xendee-university-week)**   [Watch Recordings](https://xendee.com/xendee-university-week) [![XENDEE](https://xendee.com/hs-fs/hubfs/XENDEE.png?width=1094&height=140&name=XENDEE.png "XENDEE")](https://xendee.com) [![Dark Logo](https://xendee.com/hs-fs/hubfs/Dark%20Logo.png?width=414&height=66&name=Dark%20Logo.png "Dark Logo")](https://xendee.com) - Products - [MODELING SERVICES](https://xendee.com/modeling-services) - [DISCOVER API](https://xendee.com/discover) - 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[Free Tools](http://tools.xendee.com/) - [Xendee Youtube](https://www.youtube.com/@xendee/videos) - [Case Studies](https://xendee.com/case-studies) - Customers - [Our Customers](https://xendee.com/our-customers) - [Customer Webinars](https://xendee.com/insights/tag/webinar-series) - About Us - [FAQ](https://xendee.com/faq) - [Our Team](https://xendee.com/our-team) - [Join Our Team](https://xendee.com/join-our-team) - [Contact Us](https://xendee.com/contact-us) - [Sign In](https://app.xendee.com/Account/SignIn) [Linkedin](https://www.linkedin.com/company/xendee-corporation/) [X](https://twitter.com/xendee) [YouTube](https://www.youtube.com/channel/UCRHNViGSj4_-ngI9Jb7pk0g) 3 min read # Xendee Raises $12M Series A Financing to Accelerate Deployments of Net-Zero Distributed Energy Systems [![Picture of Xendee](https://xendee.com/hubfs/XENDEE_X-BLUE.jpg) Xendee](https://xendee.com/insights/author/xendee) Jun 15, 2022, 3:49:00 PM [Announcements](https://xendee.com/insights/tag/announcements) ![Xendee Raises $12M Series A Financing to Accelerate Deployments of Net-Zero Distributed Energy Systems](https://xendee.com/hubfs/sustainable-energy-800x450.jpg) *A strong list of investors including TravelCenters of America Inc., Evergy Ventures, and Anzu Partners joined the oversubscribed $12M round* [Xendee,](https://xendee.com/?utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz--477KzFZynD6drkP4qhNnUs1ZjKFdJtbdFGFG8gOxxM0bIFenfLkcsHaDfmND58qIF6X08) a leader in distributed energy resources (DER) planning and operation software, today announced that it has raised $12M in Series A financing to increase the company’s Net-Zero DER and ultra-fast Electric Vehicle (EV) charging platform deployments. [Anzu Partners](https://anzupartners.com/) led the round, with additional financing from [TravelCenters of America Inc.](https://www.ta-petro.com/), (Nasdaq: TA), the nation’s largest publicly traded full-service travel center network, [Evergy Ventures](https://evergyventures.com/), the non-regulated investment arm of Evergy, Inc. (NYSE: EVRG), and [Surlamer Investments](https://www.surlamer.com/). “We are pleased to announce new financing from these strategic investors and partners that will help increase Xendee’s market presence and accelerate the global adoption of alternative energy systems needed to achieve superior business outcomes and net-zero carbon emissions goals,” said Adib Naslé, CEO and Co-Founder of Xendee. “We look forward to working closely with our new partners to improve the adoption, delivery, and operation of reliable clean energy systems worldwide.” “At TA, we are strongly committed to sustainability and alternative energy,” said Jon Pertchik, Chief Executive Officer of TravelCenters of America. “The nation needs a viable infrastructure to increase the adoption of sustainable fuels, and TA’s investment in Xendee reflects our ongoing commitment to this goal. By using an optimized solar-powered microgrid, Xendee is developing a powerful and publicly accessible electric truck charging source that is ideal for use at travel centers. We believe it could serve as a blue-print for deployment and operation of Net-Zero EV fast charging stations nationwide.” Xendee’s platform integrates all stages necessary to achieve bankable distributed energy systems in a more intelligent way that ensures superior business outcomes with unmatched speed and accuracy. It generates sophisticated CFO and engineer-ready reports for DER project decision support, planning, design, resilience, and real-time operation. Xendee also implements a physically based economic decision support system that couples financial optimization with detailed electrical power system analysis to verify resilience and financial viability before the first cable is laid. Evergy Ventures Vice President Dennis Odell added, “Xendee’s transformational software technology unlocks the DER value chain by delivering the sophistication and speed electric utility planners and their customers need to decarbonize and democratize access to clean, reliable energy.” Xendee serves government and private entities who share its mission for a cleaner, and more energy-efficient planet. As the rate of severe climate disasters has increased, the company has taken on several projects to help develop and implement environmentally and financially sustainable zero-carbon DER systems in geographies most prone to climate disasters, such as Puerto Rico, where in [partnership with Idaho National Labs](https://xendee.com/2022/03/23/xendee-and-idaho-national-laboratory-partner-to-develop-zero-carbon-microgrids-in-puerto-rico/), the company is helping to create a zero-carbon microgrid in the mountain region. Xendee also earned the prestigious [Edison Gold Award in 2021](https://xendee.com/2021/02/23/xendee-announced-as-2021-edison-awards/) in the human critical infrastructure category for the potential of its technology to transform how the world transitions towards resilient and carbon-free alternative energy systems. Xendee also announced that Whitney Haring-Smith, managing partner at Anzu Partners will be joining its Board of Directors. To learn more about Xendee, please visit [https://xendee.com/](https://xendee.com/). **About Xendee** Xendee brings unparalleled speed and sophistication for project decision support, planning, design, resilience, and real-time operation. We serve government and private entities who share our mission for a cleaner planet, and for our contributions we received the 2021 Edison Gold Award for Critical Human Infrastructure. To learn more about how we can help you rapidly generate and compare complete bankable solutions with confidence and identify the best opportunities for you to meet your scope 1 & 2 emissions goals, and Net-Zero commitments, visit [www.xendee.com](https://xendee.com/) or [request a demo here](https://xendee.com/demo/). **Warning Regarding Forward Looking Statements** This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. These forward-looking statements are based upon TA’s present beliefs and expectations, but these statements and the implications of these statements are not guaranteed to occur and may not occur for various reasons, some of which are beyond TA’s control. For example, the type of information TA receives, or TA’s use of such information, may not improve TA’s operations or financial performance. Investors are cautioned not to place undue reliance upon any forward-looking statements. Except as required by law, TA does not intend to update or change any forward-looking statements as a result of new information, future events or otherwise. **Press Contacts** Xendee – Jay Gadbois – [press@xendee.com](mailto:press@xendee.com) - [Tweet](https://twitter.com/share) [![Xendee Integrates UtilityAPI for Easier, Faster and More Precise Energy Load Modeling](https://xendee.com/hubfs/power-line-800x450.jpg)](https://xendee.com/insights/utilityapi-precise-energy-load-modeling) #### [Xendee Integrates UtilityAPI for Easier, Faster and More Precise Energy Load Modeling](https://xendee.com/insights/utilityapi-precise-energy-load-modeling) The integration maximizes the efficiency of downloading past building load data directly from the utility, which gives engineers a more accurate view... [Announcements](https://xendee.com/insights/tag/announcements) [Read More](https://xendee.com/insights/utilityapi-precise-energy-load-modeling) [![Xendee and Idaho National Laboratory Partner to Develop Zero-Carbon Microgrids in Puerto Rico](https://xendee.com/hubfs/puerto-rico-800x450.jpg)](https://xendee.com/insights/zero-carbon-microgrids-in-puerto-rico) #### [Xendee and Idaho National Laboratory Partner to Develop Zero-Carbon Microgrids in Puerto Rico](https://xendee.com/insights/zero-carbon-microgrids-in-puerto-rico) The project will contribute to the economic and energy resilience of Puerto Rico’s central highlands and provide multiple investment strategies for... [Announcements](https://xendee.com/insights/tag/announcements) [Net-Zero](https://xendee.com/insights/tag/net-zero) [Read More](https://xendee.com/insights/zero-carbon-microgrids-in-puerto-rico) [![Former HOMER Energy CEO and Founder Peter Lilienthal Joins Xendee as an Advisor](https://xendee.com/hubfs/Peter-Lilienthal-advisor-thumbnail.png)](https://xendee.com/insights/peter-lilienthal-xendee-advisor) #### [Former HOMER Energy CEO and Founder Peter Lilienthal Joins Xendee as an Advisor](https://xendee.com/insights/peter-lilienthal-xendee-advisor) Peter Lilienthal, HOMER Energy founder, joins Xendee as an advisor to support global growth in distributed energy and microgrid solutions. 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