Clevest set to expand thanks to a Vancity financing
Clevest set to expand thanks to a Vancity financing
About this story
- Organization
Clevest - Region
Richmond, BC - Area of impact
Energy and environment - Type of investment
Equity (convertible debenture) - Download a
long version of this story
Clevest is a Richmond-based clean technology company that provides software for installing and operating the next generation of smart water, gas and electricity meters. All of the company’s employees are part-owners and a large number of its customers are co-operative utility companies.
Clevest’s systems help save millions of pages of paper, reduce fuel consumption, and improve worker and customer safety. This makes it a perfect candidate for a business relationship with Vancity, which supports positive solutions for the energy and environment sector. With the help of flexible financing from Vancity, Clevest is planning to expand and in the process create more green jobs.