Skystream Markets provides institutional electronic transaction platforms and related brokerage, data, research and capital introduction services for renewable energy and environmental markets. Its flagship technology is RECstream, a technology-driven transaction platform for trading renewable energy certificates (RECs). The company plans to use the Series A funds to further develop and scale its core technology assets across North America, aiming to grow adoption among renewable energy producers and trading desks. Skystream operates as a neutral intermediary and does not take principal risk, focusing on improving trading protocols, market transparency, and cost efficiency. The company reported about 80 counterparties signed to its platform and has 17 employees across its Stamford, Conn., and New York City offices. Management highlighted experience building trading infrastructure in new markets and added industry veteran Daniel Rappaport to its board.

Total raised

$4M

Funding rounds

1

Latest round

Series A

Latest activity

Jan 2014