# Factor E

> Factor E is a VC fund in Fort Collins backing Energy and Renewable Energy. See 34 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Fort Collins, United States
- Total investments: 34
- Last investment: Jun 2025
- Lead investor: 41%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/factor-e-ventures?trk=company_name
- X (Twitter): https://twitter.com/factoreventures
- Website: http://factore.com
- Facebook: https://www.facebook.com/factoreventures

Factor E is a finance company that impacts venture builders, dedicated to supporting the people and ideas that will turn the tables in the global battle for sustainable solutions to energy, agriculture, mobility, and waste challenges in emerging and frontier markets. It serves as a conduit between philanthropic and commercial investors throughmarket-driven forces.

## Contacts

5 contacts available for Factor E. Shizune tracks 7 team members at Factor E. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/factor-e-ventures-2?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $500k–$4.6M |
| Series A | $1.3M–$10M |
| Convertible Note | $20k–$1.3M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Energy | 8 | 24% |
| Renewable Energy | 7 | 21% |
| Agriculture | 6 | 18% |
| AgTech | 4 | 12% |
| Software | 4 | 12% |

41 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 19 | 56% |
| Series A | 3 | 9% |
| Convertible Note | 3 | 9% |
| Angel | 1 | 3% |
| Pre-Seed | 1 | 3% |

7 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Kenya | 4 | 12% |
| United States | 4 | 12% |
| India | 3 | 9% |
| Germany | 3 | 9% |
| Nigeria | 2 | 6% |

12 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Morgan DeFoort | Managing Partner | 5 | https://shizune.co/investors/profile/morgan-defoort |
| Seth Silverman | Principal | 2 | https://shizune.co/investors/profile/seth-silverman |
| Amanda DelCore | Director | 0 | https://shizune.co/investors/profile/amanda-delcore |
| Jamie Doyen | Director of Finance | 0 | https://shizune.co/investors/profile/jamie-doyen-2 |
| Jamie Doyen | Director of Finance | 0 | https://shizune.co/investors/profile/jamie-doyen |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Open Access Energy | Open Access Energy provides energy management software. | $1.8M | Seed | Jun 17, 2025 |  |
| Open Access Energy | Open Access Energy provides energy management software. | $1.5M | Seed | Aug 12, 2024 |  |
| InspiraFarms | InspiraFarms supplies turnkey, modular, and affordable agricultural processing and value addition platform to the small scale fruit, vegetable, and dairy industries that meet global food safety certification and quality standards for the supply of healthy and nutritious food to local and international markets. | $1.1M | Convertible Note | Jan 23, 2024 |  |
| Terralima | Terralima is building a digital platform where we connect a trusted network of farmers in Africa to food producers and co-operatives who get high-quality, traceable agricultural commodities at a fair, transparent and stable market price. We are also bridging the funding gap for farmers and aggregators through embbeded fintech.Our online Tradingand Fintech platform delivers direct access to markets, on-demand credit, and efficient logistics for smallholder farmers; thus ensuring we can get food from where it is produced to where it's required, while eliminating food waste and maximising profits for farmers. | $100K | Pre-Seed | May 05, 2023 |  |
| Gateway.fm | GatewayFM is the first truly decentralized blockchain infra/node provider, with globally distributed, multichain infrastructure | $4.6M | Seed | Feb 20, 2023 |  |
| SunFi | SunFi tech solution help people access solar energy with installation and payment plans. | $2.3M | Seed | Feb 03, 2023 |  |
| enee.io | enee.io designs and develops battery monitoring systems that make both users and suppliers of renewable power systems more profitable. | $1.2M | Seed | Dec 08, 2022 |  |
| Gridless | There is a high demand for reliable, clean, and affordable energy, but mini-grid energy generators struggle to be sustainable. Gridless works with renewable, rural, mini-grid energy generators to monetize the full capacity of their output as a buyer of last resort, as well as serving as an anchor tenant for the creation of new energy generation. | $2M | Seed | Dec 06, 2022 |  |
| Beacon Power Services | Beacon Power Services is a utility company that provides energy management software and analytics for utilities. | $2.7M | Seed | Aug 05, 2022 |  |
| Gridless | There is a high demand for reliable, clean, and affordable energy, but mini-grid energy generators struggle to be sustainable. Gridless works with renewable, rural, mini-grid energy generators to monetize the full capacity of their output as a buyer of last resort, as well as serving as an anchor tenant for the creation of new energy generation. |  | Angel | Apr 01, 2022 |  |

10 of 34 investments shown.

## Co-investors
- [Pravega Ventures](https://shizune.co/investors/profile/pravega-ventures) — VC Fund, 3 deals together
- [Clean Energy Venture Group](https://shizune.co/investors/profile/clean-energy-venture-group) — VC Fund, 2 deals together
- [Delta40](https://shizune.co/investors/profile/delta40) — VC Fund, 2 deals together
- [E3 Capital](https://shizune.co/investors/profile/energy-access-ventures) — VC Fund, 2 deals together
- [Inflection Point Ventures](https://shizune.co/investors/profile/inflection-point-ventures-d275) — VC Fund, 2 deals together
- [Kaleo Ventures](https://shizune.co/investors/profile/kaleo-ventures) — VC Fund, 2 deals together

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## FAQ

### What does Factor E invest in?

Factor E invests primarily in Energy, Renewable Energy and Agriculture startups, most often at Seed and Series A stage. Most of the 34 investments tracked by Shizune back companies in Kenya. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Factor E's check size?

Factor E typically joins rounds of $500k–$4.6M at Seed, $1.3M–$10M at Series A and $20k–$1.3M at Convertible Note. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Factor E participates in.

### How do I contact Factor E?

Public channels for Factor E include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Factor E?

The team at Factor E includes Morgan DeFoort (Managing Partner), Seth Silverman (Principal) and Amanda DelCore (Director), among 7 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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