About Folsom Labs
Folsom Labs is a company based in San Francisco (United States) founded in 2011 was acquired by Aurora Solar in August 2021.. Folsom Labs has raised $1 million across 3 funding rounds from investors including Aurora Solar, DOE and Sheldon Kimber. The company has 19 employees as of December 31, 2021. Folsom Labs operates in a competitive market with competitors including Aurora Solar, PVcase, OpenSolar, RatedPower and Angaza, among others.
- Headquarter San Francisco, United States
- Employees 19 as on 31 Dec, 2021
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1 M (USD)
in 3 rounds
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Latest Funding Round
$296 K (USD), Grant
Nov 19, 2015
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Investors
Aurora Solar
& 4 more
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Employee Count
19
as on Dec 31, 2021
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Acquired by
Aurora Solar
(Aug 09, 2021)
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Funding Insights of Folsom Labs
Folsom Labs has successfully raised a total of $1M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $296 thousand completed in November 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 Funding
- Total Rounds 3
- Last Round Grant — $296,000
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First Round
First Round
(23 Oct 2013)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2015 | Amount | Grant - Folsom Labs | Valuation |
investors |
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| Apr, 2015 | Amount | Angel Round - Folsom Labs | Valuation | Sheldon Kimber | |
| Oct, 2013 | Amount | Grant - Folsom Labs | 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 Folsom Labs
Folsom Labs has secured backing from 5 investors, including institutional and angel investors. Prominent investors backing the company include Aurora Solar, DOE and Sheldon Kimber. 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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Energy sources and policies are managed by the DOE.
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Founded Year | Domain | Location | |
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SK
Sheldon Kimber |
Angel investor, ex-CEO of Intersect Power, focused on clean energy
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Founded Year | Domain | Location |
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TB
Tim Ball |
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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 Folsom Labs
| 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 - Folsom Labs
| 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 |
Folsom Labs Comparisons
Competitors of Folsom Labs
Folsom Labs 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 Aurora Solar, PVcase, OpenSolar, RatedPower and Angaza, 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 |
AI-powered software for solar design and sales is utilized.
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| domain | founded_year | HQ Location |
Provider of solar sales and design software solutions
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| domain | founded_year | HQ Location |
Solar design and sales are enabled via a cloud-based platform.
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| domain | founded_year | HQ Location |
SaaS-driven solar sales and design software solutions are provided.
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| domain | founded_year | HQ Location |
Pay-as-you-go solar technology is developed for off-grid renewable energy sales.
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| domain | founded_year | HQ Location |
Solar project development and lead generation software is developed.
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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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Latest news on Folsom Labs
Frequently Asked Questions about Folsom Labs
When was Folsom Labs founded?
Folsom Labs was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Where is Folsom Labs located?
Folsom Labs is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Folsom Labs a funded company?
Folsom Labs is a funded company, having raised a total of $1M across 3 funding rounds to date. The company's 1st funding round was a Grant of $350K, raised on Oct 23, 2013.
How many employees does Folsom Labs have?
As of Dec 31, 2021, the latest employee count at Folsom Labs is 19.
What does Folsom Labs do?
Folsom Labs was founded in 2011 in San Francisco, United States. A software platform is provided for solar integrators within the renewable energy sector. The platform supports the design of photovoltaic (PV) systems that integrate with project layouts. Performance monitoring for solar projects is also enabled through its features. Operations focus on tools that assist integrators in system planning and oversight.
Who are the top competitors of Folsom Labs?
Folsom Labs's top competitors include Aurora Solar, OpenSolar and Angaza.
Who are Folsom Labs's investors?
Folsom Labs has 5 investors. Key investors include Aurora Solar, DOE, Sheldon Kimber, Tim Ball, and Fred Kittler.