Figtree Financing
Figtree Financing is a privately held San Diego-based specialty finance company founded in 2010 that operates the Figtree OnDemandPACE Program, providing Property Assessed Clean Energy (PACE) financing for energy efficiency and renewable energy property improvements. The firm operates with 1-10 employees and has not disclosed customers or recent operating activity.
- Company typePrivate
- Founded2010
- HeadquartersSan Diego, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
Figtree Financing firmographics
Firmographics- Name
- Figtree Financing
- Website
- https://figtreefinancing.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Figtree Financing is a privately held San Diego-based specialty finance company founded in 2010 that operates the Figtree OnDemandPACE Program, providing Property Assessed Clean Energy (PACE) financing for energy efficiency and renewable energy property improvements. The firm operates with 1-10 employees and has not disclosed customers or recent operating activity.
- Ownership category
- akta.pro rank
Figtree Financing industry classification
Industry- Product category
- PACE Financing
- SIC
- Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- Energy Efficiency & Green Retrofit Financing (FSALAHAK)
Keywords
Where Figtree Financing is headquartered
LocationHeadquarters
- HQ city
- San Diego
- HQ country
- United States
- HQ region
- North America
Markets served
Figtree Financing business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Figtree Financing product offering
Product offeringCore offering
Figtree Financing operates the OnDemandPACE Program, providing Property Assessed Clean Energy (PACE) financing that funds qualifying energy efficiency, water conservation, and renewable energy improvements on properties. Financing is repaid through property tax assessments rather than traditional loan amortizations, allowing long-tenor funding tied to the property rather than the owner.
Differentiator
Problem solved
Functional benefit
Products and services
- OnDemandPACE Program Property Assessed Clean Energy (PACE) financing program that funds qualifying energy efficiency, water conservation, and renewable energy improvements on properties, with repayment structured as long-tenor property tax assessments tied to the improved property.
Companies that use Figtree Financing
Customer profileIdeal customer profiles1 record
Figtree Financing technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Figtree Financing competitors and assessment
Company assessmentDirect peers
- Petros PACE Finance: Commercial-focused PACE capital provider that originates and services C-PACE assessments for energy efficiency and resiliency projects. Highly comparable to Figtree in product, customer (commercial property owners), and capital-markets structure.
- Dividend Finance: PACE and home-improvement financing provider with both residential and commercial programs. Comparable to Figtree across customer segments and product structure, though significantly larger and still actively raising capital.
- Ygrene Energy Fund: One of the largest residential and commercial PACE originators in the U.S., directly comparable to Figtree's PACE financing model. Both operate in the same regulatory and capital-markets ecosystem, though Ygrene has significantly greater scale.
- CleanFund Commercial PACE: National C-PACE originator and capital provider covering energy efficiency, water, and seismic improvements. Comparable to Figtree in offering, underwriting posture, and reliance on state-level PACE enabling legislation.
- PACE Funding Group: C-PACE originator focused on commercial energy and resiliency retrofits. Comparable product offering and target customer (commercial property owners/developers) to Figtree's OnDemandPACE program.
Broad incumbents
- Greenworks Lending (now Nuveen Green Capital): C-PACE originator acquired by Nuveen (TIAA). Comparable PACE product, but operating as part of a much larger asset manager's sustainable-infrastructure platform rather than as an independent specialist.
- Sunlight Financial: Solar loan and lease finance provider. Comparable in funding rooftop energy assets via third-party capital, but uses consumer credit rather than property-tax assessments, placing it adjacent to rather than directly competitive with PACE.
- Mosaic: Solar and home-improvement finance provider. Adjacent peer — overlaps with PACE in financing distributed energy and efficiency upgrades for homeowners, but uses unsecured/installment loan structures rather than property assessments.
Others
- Renovate America: Formerly one of the largest residential PACE originators (HERO program). Filed for Chapter 11 in 2023. Included as a peer because it set the product template Figtree was built to compete against; its collapse also shaped the current competitive and regulatory environment for surviving PACE lenders.
Emerging players
- CounterPace: Newer C-PACE originator focusing on commercial retrofits. Comparable product and target customer to Figtree, though a much younger entrant and only partial market overlap with Figtree's California-anchored book.
Market position
Customer concentration
Figtree Financing social profiles
Digital presenceFigtree Financing financial estimates
Financial estimateRevenue estimate
Valuation estimate
Figtree Financing leadership team
Management profileNumber of profiles
Profiles2 records
Figtree Financing funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Figtree Financing M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Figtree Financing
What does Figtree Financing do?
Figtree Financing operates the OnDemandPACE Program, providing Property Assessed Clean Energy (PACE) financing that funds qualifying energy efficiency, water conservation, and renewable energy improvements on properties. Financing is repaid through property tax assessments rather than traditional loan amortizations, allowing long-tenor funding tied to the property rather than the owner.
When was Figtree Financing founded?
Figtree Financing was founded in 2010. It employs 1 to 10 people.
Where is Figtree Financing based?
Figtree Financing is headquartered in San Diego, United States, in the North America region.
Who are Figtree Financing's main competitors?
Direct peers on record are Petros PACE Finance, Dividend Finance, Ygrene Energy Fund, CleanFund Commercial PACE and PACE Funding Group. Broad incumbents are Greenworks Lending (now Nuveen Green Capital), Sunlight Financial and Mosaic. Renovate America is listed as an others. CounterPace is listed as an emerging player.
Does Figtree Financing have an API?
No public API is recorded for Figtree Financing.
What industry is Figtree Financing in?
Figtree Financing's product category is PACE Financing. Its primary akta.pro industry code is FSALAHAK, Energy Efficiency & Green Retrofit Financing. Its SIC code is 6159.