Blue Raven Solar

American Fork, United States Founded: 2014 • Age: 12 yrs Acquired By SunPower
Residential solar installations are provided with zero upfront costs.
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About Blue Raven Solar

Blue Raven Solar is a company based in American Fork (United States) founded in 2014 was acquired by SunPower in October 2021. It operates as a Direct-to-Consumer (D2C), and Green Energy-as-a-Service. Blue Raven Solar has raised $6 million across 1 funding round from investors including SunPower and Peterson Partners. Blue Raven Solar offers products and services including Solar Panel Installation and Solar Batteries. Blue Raven Solar operates in a competitive market with competitors including Dominion Energy, Enel X, Lightsource BP, EDF Renewable Energy and Origis Energy, among others.

  • Headquarter American Fork, United States
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Blue Raven Solar
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $6 M (USD)

    in 1 rounds

  • Latest Funding Round
    $6 M (USD), Series A

    Oct 27, 2015

  • Investors
    SunPower

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    SunPower

    (Oct 05, 2021)

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Products & Services of Blue Raven Solar

Blue Raven Solar offers a comprehensive portfolio of products and services, including Solar Panel Installation and Solar Batteries. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Solar panels are installed for residential energy solutions.

Solar batteries are provided for energy storage needs.

People of Blue Raven Solar
Headcount 1000-5000
Employee Profiles 48
Employee Profiles
People
Max Ihry
Manager
People
Erik Jackson
Senior Operations Manager
People
Alec Potter
Senior Manager Sales Operations
People
Brian Prussia
Director of Field Operations

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Funding Insights of Blue Raven Solar

Blue Raven Solar has successfully raised a total of $6M through 1 strategic funding round. The most recent funding activity was a Series A round of $6 million completed in October 2015. 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.

  • Total Funding
  • Total Rounds 1
  • Last Round Series A — $6.0M
  • First Round

    (27 Oct 2015)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2015 Amount Series A - Blue Raven Solar Valuation Peterson Partners
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Blue Raven Solar

Blue Raven Solar has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include SunPower and Peterson Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Seed-stage investments in US tech and offline companies are targeted.
Founded Year Domain Location
Silicon-based solar PV modules are manufactured for diverse applications.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Blue Raven Solar

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Blue Raven Solar

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Blue Raven Solar Comparisons

Employees
+
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Competitors of Blue Raven Solar

Blue Raven Solar 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 Dominion Energy, Enel X, Lightsource BP, EDF Renewable Energy and Origis Energy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Energy production and transportation are conducted by Dominion Energy.
domain founded_year HQ Location
Utility-scale renewable energy projects are developed by Enel X.
domain founded_year HQ Location
Solar energy projects are developed and operated by Lightsource BP.
domain founded_year HQ Location
Solar and wind energy projects are developed and operated.
domain founded_year HQ Location
Utility-scale and commercial solar projects are developed worldwide.
domain founded_year HQ Location
Infrastructure construction company
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Blue Raven Solar

Frequently Asked Questions about Blue Raven Solar

When was Blue Raven Solar founded?

Blue Raven Solar was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Where is Blue Raven Solar located?

Blue Raven Solar is headquartered in American Fork, United States. It is registered at American Fork, Utah, United States.

Is Blue Raven Solar a funded company?

Blue Raven Solar is a funded company, having raised a total of $6M across 1 funding round to date. The company's 1st funding round was a Series A of $6M, raised on Oct 27, 2015.

What does Blue Raven Solar do?

Blue Raven Solar is involved in offering solar energy solutions to homeowners across the United States. The company focuses on reducing energy bills through clean, renewable energy sources. Services include the design, permitting, financing, and installation of solar systems. Operations span multiple states, addressing residential needs in the renewable energy sector. A commitment to high-quality customer experience and environmental benefits is maintained through reliable sales and installation processes.

Who are the top competitors of Blue Raven Solar?

Blue Raven Solar's top competitors include Enel X, Lightsource BP and Dominion Energy.

What products or services does Blue Raven Solar offer?

Blue Raven Solar offers Solar Panel Installation and Solar Batteries.

Who are Blue Raven Solar's investors?

Blue Raven Solar has 2 investors. Key investors include SunPower, and Peterson Partners.

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