About Crux
What we do
Energy demand is rising for the first time in decades, driving an urgent need for more infrastructure to deliver affordable and reliable electricity. New infrastructure requires strong and secure domestic supply chains for minerals and components, as well as large amounts of capital. Connecting to the necessary financing at each stage of a project lifecycle can present challenges for developers and manufacturers, however.
Crux is the capital markets platform changing the way clean energy and manufacturing projects are financed in the US. Our first offering is the leading platform for the large and rapidly growing market of energy and manufacturing tax credits. For the first time, these credits are transferable, creating a powerful new market mechanism to drive abundant clean energy and a strong domestic supply chain. Since its founding in 2023, Crux has facilitated billions of dollars in transferable tax credit transactions.
Our team of 30+ is composed of experts in energy, financial markets, government, marketplaces, and workflow software. We have raised ~$27 million in capital from some of the best investors, including Andreessen Horowitz, Lowercarbon Capital, New System Ventures, Overture, Ardent Venture Partners, QED, Canapi, and others. These funds are joined by strategic investors including Pattern Energy, Clearway Energy, EDF Renewables, Intersect Power, LS Power, Orsted, Hartree Partners, and others who collectively generate billions of dollars of tax credits annually.
By the numbers
160%
increase in power demand from data centers by 2030, according to Goldman Sachs
95%
of the increase in global power capacity through 2026 will be clean energy, according to the IEA
$500 B+
estimated credits to be monetized through 2030, according to Credit Suisse
Alfred Johnson
Alfred has served in senior leadership roles at the Department of Treasury working on technology, financial markets, management, and financial regulatory issues. He previously founded and sold a mission-driven SaaS company (Mobilize), advised governments and banks at BlackRock, and was Head of Sales and People at a venture-backed fintech company.
Allen
Kramer
Allen founded & sold Mobilize, a mission-driven SaaS company, alongside Alfred, where he led product, engineering, and growth. He has also previously worked in management consulting at Bain & Company, and at an acquired marketplace startup.