REplace

Company Overview

Snapshot

Founded in February 2022 by Matias Sigal, REplace operates with 11–50 employees. The company has raised $2.6M across two funding rounds from six investors. In May 2025, REplace secured funding from investors including Adama Ventures.

Business overview

REplace is an Energy Tech company that streamlines the site selection process for solar and wind energy projects. The company utilizes a proprietary algorithm to evaluate various factors, including technology type, project size, and regional characteristics, providing renewable energy developers with actionable insights and detailed analyses for optimal site identification. Its core technology focuses on making renewable energy development more cost-efficient by identifying land with the lowest failure rates and maximum ROI, thereby accelerating the global transition to cleaner energy sources. REplace primarily serves the renewable energy systems and utilities within the Energy, Utilities & Waste Management sector.

Strategic signal

This investment underscores the growing market demand for solutions that accelerate renewable energy deployment by optimizing the often-inefficient site selection process, positioning REplace as a key enabler in the energy transition.

Company Intelligence Q&A

What is REplace's primary focus?

REplace focuses on enhancing the site selection process for solar and wind energy projects, utilizing advanced data analysis and a user-friendly interface to help renewable energy developers identify optimal locations.

When was REplace founded and by whom?

REplace was founded in February 2022 by Matias Sigal.

How much capital has REplace raised to date?

REplace has raised a total of $2.6M across two funding rounds.

Which investors participated in REplace's May 2025 funding round?

In May 2025, REplace secured funding from investors including Adama Ventures.

What is the significance of REplace's technology for the renewable energy sector?

REplace's proprietary algorithm evaluates multiple factors to streamline site selection, aiming to reduce project failure rates and increase ROI for renewable energy developments, thereby accelerating the global shift towards sustainable energy sources.