On August 9, 2023, Treehouse, an electrification company that delivers turnkey installations for home EV charging, announced it has secured $10 million in funding. The round was led by Montage Ventures and Trucks Venture Capital, with participation from CarMax, Assurant Ventures, Acrew Capital, Gutter Capital, Detroit Venture Partners, Holman, and Automotive Ventures. Wilson Sonsini Goodrich & Rosati advised Treehouse on the transaction.
Treehouse’s mission is to simplify electrification through software-enabled Installation-as-a-Service, empowering people to live more sustainable lives and accelerating the decarbonization of the places we live and work. The funds from the round will be used to expand Treehouse's Installation-as-a-Service offering to more than 30 states in the next 12 months, while investing in software that can expand the offering to other electrification products.
The Wilson Sonsini team that advises Treehouse on the transaction includes Rezwan Pavri, Lester Ang, Helen Qi, and Sean Mihaljevich.
For more information, see Treehouse’s announcement, or the related press coverage.