About CivicSolar
CivicSolar is a company based in San Francisco (United States) founded in 2009 by Kerim Baran and Michael Paler. It operates as a B2B, and Distributor Model. CivicSolar has raised $3.65 million across 3 funding rounds from investors including Young Turk Ventures. The company has 1 employees as of December 31, 2022. CivicSolar offers products and services including Solar Panels, Solar Inverters, Energy Storage, and EV Charging. CivicSolar operates in a competitive market with competitors including Solaris Technology Industry, SolyMoly and Southern California Solar, among others.
- Headquarter San Francisco, United States
- Employees 1 as on 31 Dec, 2022
- Founders Kerim Baran, Michael Paler
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Civicsolar, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.65 M (USD)
in 3 rounds
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Latest Funding Round
$3.2 M (USD), Series A
Nov 21, 2017
- Investors
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Employee Count
1
as on Dec 31, 2022
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Products & Services of CivicSolar
CivicSolar offers a comprehensive portfolio of products and services, including Solar Panels, Solar Inverters, Energy Storage, and EV Charging. 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.
Products for capturing and converting solar energy.
Devices that convert solar power to usable electricity.
Systems for storing and managing generated energy.
Equipment for electric vehicle charging stations.
Funding Insights of CivicSolar
CivicSolar has successfully raised a total of $3.65M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $3.2 million completed in November 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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $3.2M
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2017 | Amount | Series A - CivicSolar | Valuation |
investors |
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| Feb, 2010 | Amount | Seed - CivicSolar | Valuation |
investors |
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| Jun, 2009 | Amount | Seed - CivicSolar | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CivicSolar
CivicSolar has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Young Turk Ventures. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office investing in technology startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CivicSolar
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CivicSolar
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Civicsolar Comparisons
Competitors of CivicSolar
CivicSolar 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 Solaris Technology Industry, SolyMoly and Southern California Solar, 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 |
Online provider of solar panels, inverters, and energy systems for renewable power.
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| domain | founded_year | HQ Location |
Operates as a marketplace for residential solar solutions.
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| domain | founded_year | HQ Location |
Platform helps find solar installers and quotes to reduce electricity bills in Southern California.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about CivicSolar
When was CivicSolar founded?
CivicSolar was founded in 2009.
Where is CivicSolar located?
CivicSolar is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is CivicSolar a funded company?
CivicSolar is a funded company, having raised a total of $3.65M across 3 funding rounds to date.
How many employees does CivicSolar have?
As of Dec 31, 2022, the latest employee count at CivicSolar is 1.
What does CivicSolar do?
Greentech Renewables is a leading solar distributor with over 100 locations across the United States, offering products like solar panels and inverters. They provide logistics, design, finance, and commercial services to help customers install energy systems efficiently. Serving installers and businesses, they focus on reducing costs and navigating policy complexities while promoting renewable energy solutions.
Who are the top competitors of CivicSolar?
CivicSolar's top competitors include Solaris Technology Industry, SolyMoly and Southern California Solar.
What products or services does CivicSolar offer?
CivicSolar offers Solar Panels, Solar Inverters, Energy Storage, and EV Charging.
Who are CivicSolar's investors?
CivicSolar has 1 investor. Key investors include Young Turk Ventures.