About Dividend Finance
Dividend Finance is a company based in San Francisco (United States) founded in 2013 was acquired by Fifth Third Bancorp in January 2022.. Dividend Finance has raised $20 million across 3 funding rounds from investors including Citi and Fifth Third Bancorp. The company has 152 employees as of December 31, 2020. Dividend Finance offers products and services including Solar Financing and Home Improvement Loans. Dividend Finance operates in a competitive market with competitors including Clean Capital, Mosaic, Renew Financial, Ygrene Energy Fund and Odyssey Energy Solutions, among others.
- Headquarter San Francisco, United States
- Employees 152 as on 31 Dec, 2020
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Sectors
Financial ServicesTechnology Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Dividend Solar Finance Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$20 M (USD)
in 3 rounds
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Latest Funding Round
$20 M (USD), Series B
Sep 08, 2020
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Investors
Citi
& 1 more
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Employee Count
152
as on Dec 31, 2020
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Acquired by
Fifth Third Bancorp
(Jan 19, 2022)
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Products & Services of Dividend Finance
Dividend Finance offers a comprehensive portfolio of products and services, including Solar Financing and Home Improvement Loans. 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.
Provides loans for solar panel installations and energy storage.
Offers funding for various home upgrade projects and renovations.
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Funding Insights of Dividend Finance
Dividend Finance has successfully raised a total of $20M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in September 2020. 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 B — $20.0M
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First Round
First Round
(11 Jul 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2020 | Amount | Series B - Dividend Finance | Valuation |
investors |
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| Dec, 2019 | Amount | Debt – Conventional - Dividend Finance | Valuation |
investors |
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| Jul, 2019 | Amount | Debt – Conventional - Dividend Finance | Valuation |
investors |
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| 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 Dividend Finance
Dividend Finance has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Citi and Fifth Third Bancorp. 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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Commercial banking and financial services are provided globally.
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Founded Year | Domain | Location | |
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Commercial bank
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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 Dividend Finance
| 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 - Dividend Finance
| 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 |
Dividend Finance Comparisons
Competitors of Dividend Finance
Dividend Finance 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 Clean Capital, Mosaic, Renew Financial, Ygrene Energy Fund and Odyssey Energy Solutions, 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 platform for funding solar projects
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| domain | founded_year | HQ Location |
Residential solar financing is provided to homeowners for rooftop installations.
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| domain | founded_year | HQ Location |
Renewable energy financing is facilitated via an online platform.
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| domain | founded_year | HQ Location |
Provider of an online platform for clean energy financing
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| domain | founded_year | HQ Location |
End-to-end platform for distributed renewable energy finance is provided.
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| domain | founded_year | HQ Location |
Commercial solar projects are curated for clean energy investments.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Dividend Finance
Frequently Asked Questions about Dividend Finance
When was Dividend Finance founded?
Dividend Finance was founded in 2013 and raised its 1st funding round 6 years after it was founded.
Where is Dividend Finance located?
Dividend Finance is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Dividend Finance?
Eric White is the current CEO of Dividend Finance.
Is Dividend Finance a funded company?
Dividend Finance is a funded company, having raised a total of $20M across 3 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $234.59M, raised on Jul 11, 2019.
How many employees does Dividend Finance have?
As of Dec 31, 2020, the latest employee count at Dividend Finance is 152.
What does Dividend Finance do?
Dividend is an online marketplace for commercial green financing. It offers loans such as solar loans, home improvement loans, PACE financing, and more. It also provides loans for roof financing, windows doors improvements, and more. It offers EmpowerLoan to provides loans for storage and home-energy space. It offers loans from multiple lenders.
Who are the top competitors of Dividend Finance?
Dividend Finance's top competitors include Clean Capital, Mosaic and Renew Financial.
What products or services does Dividend Finance offer?
Dividend Finance offers Solar Financing and Home Improvement Loans.
Who are Dividend Finance's investors?
Dividend Finance has 2 investors. Key investors include Citi, and Fifth Third Bancorp.
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