About Folsom Labs
Folsom Labs is an Energy & Utilities company based in San Francisco (United States) founded in 2011, and was acquired by Aurora Solar in August 2021. Software platform is offered for solar PV design and monitoring. Folsom Labs has raised $1 million across 3 funding rounds from investors including Aurora Solar, DOE and Sheldon Kimber. The company has 19 employees. Its focus areas include Energy Tech, Renewable Energy Tech, Solar Energy and Solar Sales and Design Software. Its competitors include Aurora Solar, OpenSolar and Angaza; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters San Francisco, United States
- Employees 19
- Stage Acquired
- SectorsEnergy & Utilities
- Website folsomlabs.com
- Social LinkedIn X Facebook
- Acquired by Aurora Solar (Aug 2021)
- Total Equity Funding$1M (USD)
in 3 rounds
- Latest Funding Round$296K (USD), Grant
Nov 2015
- InvestorsAurora Solar
& 4 more
- Employee Count19
- Acquired byAurora Solar
(Aug 2021)
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 $1M
- Total Rounds 3
- Last Round Grant — $296,000
- First Round $350,000
(Oct 2013)
- Investors Count 4
All 3 funding rounds of Folsom Labs with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2015 | $296,000 | Grant | – | – | |
| Apr 2015 | $1M | Angel Round | – | Sheldon Kimber | |
| Oct 2013 | $350,000 | Grant | – | – |
5 investors in total: 2 institutional and 3 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Energy sources and policies are managed by the DOE. | 1977 | energy.gov | ||
SK Sheldon Kimber | Angel investor, ex-CEO of Intersect Power, focused on clean energy | unknown_e4f39e234800428e8 | ||
TB Tim Ball | unknown_dbe24ae5128046b6b | |||
FK Fred Kittler | Indian angel investor focusing on early-stage startups in tech and innovation. | unknown_cc22dfa5ef804d46a | ||
AI-powered software for solar design and sales is utilized. | 2013 | aurorasolar.com | San Francisco, United States |
Investor details for Folsom Labs
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Timeline of Folsom Labs
4 dated milestones of Folsom Labs across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Folsom Labs is founded.
- Funding First funding round of $350K.
- Funding Latest funding round, Grant, of $296K.
- Exit Acquired by Aurora Solar.
Competitors of Folsom Labs
Folsom Labs has 3 listed competitors in our database, 3 of them funded. They include Aurora Solar, OpenSolar and Angaza.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| aurorasolar.com | 2013 | San Francisco, United States | $537.4M | 135 | AI-powered software for solar design and sales is utilized. | |
| opensolar.com | 2017 | Salt Lake, United States | $35M | Solar design and sales are enabled via a cloud-based platform. | ||
| angaza.com | 2010 | San Francisco, United States | $33.98M | 41 | Pay-as-you-go solar technology is developed for off-grid renewable energy sales. |
Detailed competitors of Folsom Labs
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Web traffic of Folsom Labs
Websites that share an audience with Folsom Labs (folsomlabs.com).
Websites whose visitors overlap most with Folsom Labs. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
get.solardesigntool.com | get.solardesigntool.com | 100% | – | ||
mauisolarsoftware.com | mauisolarsoftware.com | 85% | – | ||
solardesign.com | solardesign.com | 85% | #10,659,952 | – | |
| pvpower.com | 85% | View details | |||
blog.heatspring.com | blog.heatspring.com | 84% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 15 similar websites and full traffic analytics for Folsom Labs
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- 15 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Renewable Energy Platforms
3 companies that operate in the same segment as Folsom Labs (Renewable Energy Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Silicon-based solar PV modules are manufactured for diverse applications. | 1985 | San Jose, California, United States | USD 171.73 M | USD 300 M | 600 | |
Solar panel tracking software is provided for monitoring and control. | 2013 | Fremont, California, United States | USD 42.63 M | USD 3.56 B | 1,300 | |
Iron-air energy storage systems are developed for renewable energy projects. | 2009 | Somerville, Massachusetts, United States | USD 2 B | 902 |
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Related news about Folsom Labs
Complete news archive for Folsom Labs
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Frequently Asked Questions about Folsom Labs
Folsom Labs was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Folsom Labs is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
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 2013.
Folsom Labs has 19 employees.
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.
Folsom Labs's top competitors include Aurora Solar, OpenSolar and Angaza.
Folsom Labs has 5 investors. Key investors include Aurora Solar, DOE, Sheldon Kimber, Tim Ball, and Fred Kittler.
Yes. Folsom Labs was acquired by Aurora Solar in August 2021.