About this organization
Organization Name: Paces
Organization Solution and Services
-
Power Engineering Softwares & Analysis, Power System Planning, Dynamic Analysis, Reliability Analysis, Load Flow Analysis, Power System Design, Power System Protection
-
Regulatory, Permitting, Environmental (geological, geophysical), SF6 Replacement
- Developer, Transmission, Renewable Energy
- Software Solutions
Organization Types:
- Organization Size: Revenue under 10M
- Organization Years In business: 0-5 Years
Revenue: <$5 Million
Organization Information : Founded in 2022, Paces is a Brooklyn-based technology company offering a unified software and expert services platform that accelerates clean energy project development. The platform consolidates critical datasets—including environmental, permitting, interconnection, and grid information—and applies AI-driven tools to help developers rapidly identify viable sites, predict permitting risk, and de‑risk investments before notice to proceed (NTP).Paces supports renewable energy, data center, EV charging, hydrogen, and infrastructure developers, enabling them to shrink due diligence timelines and reduce soft costs during early-stage development.In mid‑2024, the company raised an $11 million Series A led by Navitas Capital, joining Suffolk Technologies, MCJ Collective, Resolute Ventures, Soma Capital, and Y Combinator among its investors. That funding helped expand its Permitting Predictor and data intelligence across the U.S.
Other Information: Founded in 2022, At Paces, our team has a strong background in technical software and power industry experience, with members having worked at companies like AWS, NASA, GoogleX, and Meta. Despite our diverse origins, we all share a passion for tackling climate change. Our mission is to drive the global transition to renewable energy by enabling the best climate use case of every piece of land in the world. Our team is led by our founders, James McWalter and Charles Bai, who bring extensive experience in building successful software companies. James was employee 1 at Google-acquired AI startup Hello Vera and has over 15 years experience in enterprise SaaS sales across multiple industries . Charles, who led AI efficiency and sustainability at Facebook AI, optimized AI models to reduce power and carbon costs significantly. Together, they have built multiple data-intensive software solutions at startups, combining their expertise to advance Paces' mission.