Next Step Nabs $1.5M

Boston-based cleantech startup Next Step Living has brought in $1.5 million of an equity offering that could total $2.8 million, according to an SEC filing. The company, which helps consumers audit their home for energy inefficiencies and retrofit them to prevent heated or cooled air from escaping, raised $2.6 million in Series B funding last summer, led by Triumvirate Environmental president and CEO John McQuillan, with participation from previous investors Black Coral Capital and the Clean Energy Venture Group. The newest funding comes from nine investors, according to the SEC document.

Author: Erin Kutz

Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.