Alight

Stockholm, Sweden Founded: 2013 • Age: 13 yrs Acquired By DIF
Solar solutions are provided for energy-intensive businesses by Alight.
Annual revenue - Latest available
Total funding $14.0M 2 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 2 Services tracked
Competitors 8 Brand Intelligence

About Alight

Alight is a company based in Stockholm (Sweden) founded in 2013 by Richard Nicolin was acquired by DIF in November 2022. It operates as a Green Energy-as-a-Service. Alight has raised $14 million across 2 funding rounds from investors including CVC DIF, Infranode and Gullspång Invest. Alight offers products and services including Onsite Solar and Offsite Solar. Alight operates in a competitive market with competitors including Turn Energy, Dalenbergs, Prosumenten, Takrekond and Kalema E-Mobility AB, among others.

  • Headquarter Stockholm, Sweden
  • Founders Richard Nicolin
  • Sectors
    Energy & Utilities
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Alight Ab
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
    $14 M (USD)

    in 2 rounds

  • Latest Funding Round
    $11.3 M (USD), Series B

    May 03, 2017

  • Investors
    CVC DIF

    & 2 more

  • Employee Count
    Not available
  • Acquired by
    DIF

    (Nov 09, 2022)

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Products & Services of Alight

Alight offers a comprehensive portfolio of products and services, including Onsite Solar and Offsite Solar.

Product name locked
Category locked
Primary

Solar panels are installed onsite for direct power consumption.

Product name locked
Category locked
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Electricity is sourced from offsite solar parks for operations.

People of Alight

Headcount 10-50
Employee Profiles 43
Employee Profiles
People
Ossi Ikonen
Client Executive Finland
People
Rob Stait
Managing Director
People
Malin Stensson
Permitting Project Manager
People
Miranda Engdahl
Client Executive

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Funding Insights of Alight

Alight has successfully raised a total of $14M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $11.3 million completed in May 2017. 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 Alight

Alight has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include CVC DIF, Infranode and Gullspång Invest.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Nordic infrastructure investments are managed by Infranode with responsibility.
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Investment partnerships are formed with entrepreneurs for global progress.
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Investments in infrastructure assets are managed by DIF firm.
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Investor details for Alight

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  • Investor domains
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Investments & Acquisitions by Alight

Investments
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Investment portfolio details for Alight

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Alight

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Detailed financials for Alight

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  • Profit trends
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Alight Comparisons

Alight Primary company
Description
Solar solutions are provided for energy-intensive businesses...
Location
Stockholm, Sweden
Founded Year
2013
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Alight

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Competitors of Alight

Alight 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 Turn Energy, Dalenbergs, Prosumenten, Takrekond and Kalema E-Mobility AB, among others.

Company Name Domain Founded year HQ Location Description
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Renewable energy company that develops, operates, and owns independent solar parks, generating clean energy on leased land
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Solar panel installation services are provided in Sweden.
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Solar panel installation services are provided in Hedemora, Sweden.
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Solar panel installation services are provided by the company.
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Provider of solar panel installation services
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Detailed competitors of Alight

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Latest news on Alight

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Complete news archive for Alight

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Frequently Asked Questions about Alight

Alight was founded in 2013 and raised its 1st funding round 2 years after it was founded.

Alight is headquartered in Stockholm, Sweden.

Alight is a funded company, having raised a total of $14M across 2 funding rounds to date.

Solar energy projects are developed, owned, and operated by Alight across Europe. Onsite and offsite solar solutions are offered to energy-intensive businesses at low, fixed costs through power purchase agreements (PPAs). The focus is placed on accelerating the transition to sustainable energy, independent of government funding or subsidies. A target of 5 GW installed capacity is set to be achieved by 2030. Operations span multiple European countries, supporting corporations in reducing carbon footprints.

Alight's top competitors include SolarFuture, Energihem and Prosumenten.

Alight offers Onsite Solar and Offsite Solar.

Alight has 3 investors. Key investors include CVC DIF, Infranode, and Gullspång Invest.

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