Troutman Pepper Locke Client A.R.I. Provides $10 Million Financing Facility to Monalee to Accelerate Energy Transition With AI-Powered Software

WASHINGTON, D.C. – Troutman Pepper Locke client Applied Real Intelligence (A.R.I.), a leading provider of venture debt and growth credit, recently announced a $10 million financing facility for Monalee, a high-growth, climate technology company focused on accelerating the adoption of home solar, storage, and EV charging. Read company press release about the financing.

A.R.I. provides funding to fuel growth, empowering founders to retain control of the companies they’ve built through customized financing solutions that minimize equity dilution. For investors, A.R.I. provides a safer way to access high-growth opportunities through exclusive deal flow and carefully managed risks in underserved segments of the American innovation economy. The $10 million financing facility from the A.R.I. Senior Secured Growth Credit Fund will fuel Monalee’s growth while minimizing equity dilution for its founders.

The Troutman Pepper Locke team advising A.R.I. in the financing included partner Chuck Charpentier and associate Emily Thomas.

Troutman Pepper Locke’s Financial Services Group offers comprehensive support to financial services businesses in today’s challenging and rapidly evolving environment. Consistently recognized as a leading service provider to all segments of the financial services industry, the firm provides timely and practical counsel to guide clients with their most important decisions. From global financial institutions to small banks and non-bank financial service providers, clients depend on Troutman Pepper Locke to help them achieve their strategic and commercial goals while managing regulatory and litigation risk.

Troutman Pepper Locke

Troutman Pepper Locke helps clients solve complex legal challenges and achieve their business goals in an ever-changing global economy. With more than 1,600 attorneys in 30+ offices, the firm serves clients in all major industry sectors, with particular depth in energy, financial services, health care and life sciences, insurance and reinsurance, private equity, and real estate. Learn more at troutman.com.