8minute

Los Angeles, United States Founded: 2009 • Age: 17 yrs
Solar energy storage solutions, hybrid and standalone, are provided.
Annual revenue - Latest available
Total funding $430.0M 6 rounds
Employees 147 Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About 8minute

8minute is a company based in Los Angeles (United States) founded in 2009. 8minute has raised $430 million across 6 funding rounds from investors including Deutsche Bank, Helaba and EIG Partners. The company has 147 employees as of December 31, 2022. 8minute operates in a competitive market with competitors including Enel X, Recurrent Energy, Longroad Energy, Hillman Group and Origis Energy, among others.

  • Headquarter Los Angeles, United States
  • Employees 147 as on 31 Dec, 2022
  • Sectors
    Energy & Utilities
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name 8Minutenergy Renewables
Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $430 M (USD)

    in 6 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    147

    as on Dec 31, 2022

  • Acquired by
    N/A

    (Dec 07, 2018)

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People of 8minute

Headcount 50-200
Employee Profiles 22
Employee Profiles
People
Michael Healy
Chief Commercial Officer
People
Allison Mueller
Manager, Optimization Engineering
People
Clayton Piatt
Sr. Director, Optimization Engineering
People
Patrick Lynch
Sr. Director, Project Finance

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Funding Insights of 8minute

8minute has successfully raised a total of $430M across 6 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in 8minute

8minute has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Deutsche Bank, Helaba and EIG Partners.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Institutional capital is provided to the global energy industry by EIG Partners.
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Commercial bank
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Diversified banking and financial services are provided globally.
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Investor details for 8minute

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Investments & Acquisitions by 8minute

Investments
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Investment portfolio details for 8minute

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Financial Statements - 8minute

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8Minute Comparisons

8minute Primary company
Description
Solar energy storage solutions, hybrid and standalone, are p...
Location
Los Angeles, United States
Founded Year
2009
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
147
As of 2022
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Peer comparison for 8minute

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Competitors of 8minute

8minute operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Enel X, Recurrent Energy, Longroad Energy, Hillman Group and Origis Energy, among others.

Company Name Domain Founded year HQ Location Description
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Utility-scale renewable energy projects are developed by Enel X.
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Utility-scale solar projects are developed and owned by Recurrent Energy.
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Utility-scale wind and solar power projects are developed.
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Hardware and home improvement products are supplied to retail markets.
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Utility-scale and commercial solar projects are developed worldwide.
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Provider of renewable energy asset development, construction, and operation services
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Detailed competitors of 8minute

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Latest news on 8Minute

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Complete news archive for 8minute

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Frequently Asked Questions about 8minute

8minute was founded in 2009 and raised its 1st funding round 5 years after it was founded.

8minute is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.

8minute is a funded company, having raised a total of $430M across 6 funding rounds to date.

As of Dec 31, 2022, the latest employee count at 8minute is 147.

8minute was founded in 2009 in Los Angeles, United States, within the renewable energy sector. Hybrid systems integrating solar power and storage, alongside standalone storage options, are offered to clients. Operations include the development of various solar projects across the United States, with installed capacities spanning 19 MW to 329 MW. Focus remains on energy infrastructure solutions for utility-scale applications.

8minute's top competitors include Enel X, Longroad Energy and Recurrent Energy.

8minute has 4 investors. Key investors include Deutsche Bank, Helaba, EIG Partners, and Norddeutsche Landesbank.

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