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Pic of DealMakers: Entrepreneur | Startups | Venture Capital

Ned Tozun On Raising $100 Million To Provide Access To Power To 2.3 Billion People

April 2, 2019
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DealMakers: Entrepreneur | Startups | Venture Capital

Description

Ned Tozun is the cofounder of D.light which is looking to serve the 2.3 billion people that doesn‘t have access to reliable electricity. The company has raised over $100 million from investors such as Omydiar Network, DFJ, or Garage Technology Ventures. The social enterprise has 1,000 employees and 3,000-5,000 commissioned agents, is generating about $100 million of revenue a year, and experiencing 40-50% growth annually.