AGent Energy closes $11m seed led by Spero and MassMutual Ventures
The $11 million seed follows an earlier $6 million financing, bringing AGent Energy’s total funding to $17 million.
Financing and company context
Spero Ventures and MassMutual Ventures co-led the round, joined by Intrepid Investment Management and returning investors CIV and Zero Infinity Partners.
AGent reported dispatching capacity in PJM, MISO and ERCOT at the August announcement. It plans to expand staffing and deployment across large facilities. Spero’s Stephen Wemple joins the board; MassMutual Ventures’ Aram Ouligian becomes an observer.