Jasmine Energy

What Jasmine Energy does

Jasmine Energy is a Washington, DC–based, private, Y Combinator–backed company founded in 2022 that provides full-service management of Renewable Energy Certificates (RECs) for grid-connected renewable generators in the United States. Its platform registers generators with multiple regional tracking systems, automatically reads generation meter data, manages compliance, and facilitates brokering, transfers, and payment of RECs at any volume, so that customers — primarily homeowners with rooftop solar, third-party solar owners (TPOs), and independent power producers (IPPs) — can monetize RECs without directly maintaining expensive registry accounts or handling paperwork.

The core product surface consists of two self-serve web applications, an Asset Manager App and an Audit App, layered on top of integrations with at least eight North American REC tracking systems (NC-RETS, NAR, MIRECS, WREGIS, Evident, PJM, GATS, ERCOT). Service is offered across three tiers differentiated by capacity and customer type: Home (up to 25KW, 30% fee), TPO (1MW+ aggregate, 25% fee), and IPP (1MW+ site, 20% fee); PPA Disbursement is listed as a forthcoming capability. The company is led by four co-founders — Nathalie Capati (CEO), T. Dalton Combs PhD (CPO), Matt Mayberry (COO), and Vince Enachescu PhD (CTO) — supported by a small engineering team including dedicated blockchain and senior software engineering capacity.

Jasmine's revenue model is transaction-based: it earns a percentage take rate (20–30%) on RECs brokered on behalf of customers. Go-to-market is sales-led with guided demos and direct contact-driven quotes for larger segments, complemented by self-serve onboarding via the Asset Manager App. Investors disclosed include Y Combinator, Collaborative Fund, Climate Capital, focal, GSR, Cerulean Ventures, LYVC, UpHonest Capital, and Alumni Ventures. The single named reference customer disclosed on the company website is Aspen Creek Digital Co., a Texas-based data center / digital infrastructure operator for which Jasmine brokered 12,247 RECs at a 37.5% capacity factor.

Name

Jasmine Energy

Legal name

Jasmine Energy

Website

https://jasmine.energy

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

Jasmine Energy is a Y Combinator–backed REC management platform based in Washington, DC that registers generators with US tracking systems, automates generation meter data, and brokers Renewable Energy Certificates for homeowners, third-party solar owners, and utility-scale producers on a 20–30% transaction-fee basis.

Ownership category

akta.pro rank

Product category

Renewable Energy Certificate Management

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Computer Systems Design and Related Services (54151)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Benchmarking, Ratings & Stakeholder Reporting Portals (Scorecards, Dashboards) (EUABAEAJ)

akta.pro secondary industries

Scope 1–3 GHG Inventory Strategy, Data Governance & Controls (advisory) (EUABAKAD), Risk Reporting & Performance Management (BI, KPIs, Attribution) (EUAGAJAL)

Keywords

• Renewable energy certificates
• Energy attribute certificates
• REC management platform
• Renewable energy brokering
• Registry integration services

Headquarters

HQ city

Washington

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. REC Brokerage Commission: Jasmine Energy earns a percentage fee on RECs brokered. Three pricing tiers: 30% for Home (up to 25KW), 25% for TPO (minimum 1MW aggregate), and 20% for IPP (minimum 1MW site). No hidden fees, straightforward pricing for any system size.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Jasmine Energy is a full-service Renewable Energy Certificate (REC/EAC) management platform that registers renewable energy generators with regulatory tracking systems (NC-RETS, NAR, MIRECS, WREGIS, Evident, PJM, GATS, ERCOT), automatically reads generation data to eliminate manual meter checks, manages compliance, and facilitates the brokering, transfers, and trading of RECs at any volume. The company serves three segments—Home (rooftop solar up to 25KW), TPO (third-party owners, 1MW+ aggregate), and IPP (utility-scale producers, 1MW+ site)—via two core web applications: the Asset Manager App and the Audit App.

Product overview

Jasmine Energy is a Full Service REC (Renewable Energy Certificate) Management company offering a unified platform with two core applications: the Asset Manager App and the Audit App. These work together to register generators with regulatory databases, manage meter data, facilitate brokering and transfers, and handle paperwork. The service is offered across three tiers: Home (for rooftop solar up to 25KW), TPO (for third-party owners with 1 MW+ aggregate capacity), and IPP (for utility-scale producers with 1 MW+ site capacity). All tiers include generator registration, compliance management, generation data management, and REC brokering, with higher tiers adding Green-e aggregation and PPA disbursement capabilities.

Differentiator

Problem solved

Functional benefit

Brands

• Asset Manager App: Web application for asset management related to RECs (Renewable Energy Certificates)
• Audit App

Products and services

• Asset Manager App

Quantifiable outcome

• RECs must be claimed within 90 days of generation - Jasmine handles timely claiming automatically
• +1 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Eight partnerships are on record, tiered core.

• NC-RETScoreTechnology or IntegrationRegional registry partner for REC tracking and certification. Jasmine integrates with NC-RETS for generator registration and REC issuance.
• NAR (North American Registry)coreTechnology or IntegrationRegional tracking system partner. Jasmine integrates with NAR for REC management across its coverage area.
• MIRECScoreTechnology or IntegrationMidwest regional registry partner. Jasmine integrates with MIRECS for generator registration and compliance in the Midwest region.
• WREGIScoreTechnology or IntegrationWestern regional registry partner. Jasmine integrates with WREGIS for REC tracking in the Western United States.
• EvidentcoreTechnology or IntegrationRegistry and tracking system partner. Jasmine integrates with Evident for comprehensive REC tracking and compliance.
• PJMcoreTechnology or IntegrationPJM Interconnection registry partner. Jasmine integrates with PJM for REC management in the PJM wholesale electricity market.
• GATS (Generation Attribute Tracking System)coreTechnology or IntegrationRegional tracking system partner. Jasmine integrates with GATS for generator attribute tracking.
• ERCOTcoreTechnology or IntegrationTexas regional grid operator registry partner. Jasmine integrates with ERCOT for REC tracking in the Texas electricity market.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Arcadia: Arcadia operates a clean energy data platform connecting utilities, project developers, and corporate buyers with REC procurement and community solar management. Direct peer — similar generator-onboarding, REC issuance, and corporate-buyer marketplace model serving overlapping US customers.
• 3Degrees: One of the largest US-based REC brokers, facilitating renewable energy certificate trading for utilities, corporates, and IPPs. Direct peer — operates in the same REC brokerage and verification market that Jasmine targets, particularly at the IPP/TPO tier.
• Sterling Planet: Long-standing REC broker and renewable energy solutions provider serving utilities, businesses, and government buyers. Direct peer — comparable REC sourcing and brokering service, with deeper enterprise customer relationships but narrower product surface than Jasmine's full platform.
• ClearBlue Markets: Renewable energy advisory and brokerage firm providing REC procurement and portfolio advisory for North American buyers. Direct peer — same REC broker competitive set targeting commercial/utility buyers, smaller scale than 3Degrees but similar services.

Emerging players

• Wattcarbon: Clean energy data and analytics platform focused on REC/EAC accounting and emissions reporting. Emerging peer — comparable attributes-tracking and reporting functionality, narrower in scope, not a full-service broker.
• Patch: API-first carbon credit and energy attribute certificate platform for businesses. Emerging peer — comparable developer-friendly attributes infrastructure but positioned more around carbon credits than US REC brokerage specifically.
• Watershed: Enterprise climate platform for carbon accounting, renewable energy procurement, and ESG reporting. Emerging peer — covers REC/EAC procurement within a broader climate accounting product; less of a focus on the generator-side onboarding that Jasmine specializes in.

Others

• EnergyTag: Industry initiative creating standards for hourly Granular Certificates (GCs) in Europe and beyond. Comparable — addresses the same EAC/registry infrastructure layer Jasmine targets in the US, but as a standards body in Europe rather than a commercial platform.

Regional players

• EnviroCentric: Canadian renewable energy certificate and carbon offset broker. Comparable REC services for a different geography; closer alignment with Canadian registries than US ones Jasmine integrates with.

Broad incumbents

• ENGIE Resources: Subsidiary of global utility ENGIE providing renewable energy procurement, REC brokerage, and PPA structuring to North American enterprises. Broad incumbent — overlaps heavily with Jasmine's IPP/corporate-buyer service tier but offers a much broader energy services portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/jasmine_energy
• GitHubgithub.com/Jasmine-Energy
• LinkedInlinkedin.com/company/jasmine-energy

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds2 records

Investors9 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Jasmine Energy