About Formbay
Formbay is a company based in Sydney (Australia) founded in 2010 by Daniel Sullivan was acquired by Xpansiv in September 2026. It operates as a SaaS and B2B. Formbay offers products and services including STC Management Platform and Installer App. Formbay operates in a competitive market with competitors including SolarBuyer, Hbaromega and Endeas, among others.
- Headquarter Sydney, Australia
- Founders Daniel Sullivan
- SectorsEnergy & Utilities
- Website formbay.com.au
- Social X Facebook
- Acquired by Xpansiv (Sep 2026)
Products & Services of Formbay
Formbay offers a comprehensive portfolio of products and services, including STC Management Platform and Installer App.
Digital tool for handling STC applications and payments.
Free app for solar installers to manage accreditation tasks.
Investors in Formbay
Formbay has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Xpansiv.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Offsets and renewable energy marketplace | 2016 | xpansiv.com | San Francisco, United States |
Investor details for Formbay
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People of Formbay
1 people are tracked at Formbay (1 in leadership).
| Name | Role | Group |
|---|---|---|
Daniel Sullivan | Founder, CEO | Leadership |
Complete people profiles for Formbay
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Timeline of Formbay
2 dated milestones of Formbay across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Formbay is founded.
- Exit Acquired by Xpansiv.
Competitors of Formbay
Formbay 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 SolarBuyer, Hbaromega and Endeas, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| solarbuyer.com | 2011 | Marlborough, United States | – | – | Solar panel validation services are provided for quality assurance. | |
| hbaromega.com | 2019 | Bengaluru, India | – | – | Offers advanced imaging and analysis tools for solar module defect detection. | |
| endeas.fi | 2001 | Espoo, Finland | – | – | Designs innovative PV module testing systems for solar panel manufacturers. |
Detailed competitors of Formbay
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- Full competitor set
- Operating metrics
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Similar companies to Formbay
10 companies that operate in the same segment as Formbay (Energy Efficiency & Conservation), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial climate control solutions, including dehumidification and cooling, are provided. | 1955 | Beverly, Massachusetts, United States | – | USD 1.6 B | 5,410 | |
Thin-film processing equipment is manufactured for LEDs and MEMS. | 1945 | Plainview, Texas, United States | – | USD 664.29 M | 1,230 | |
Industrial automation, power systems, and semiconductors are manufactured globally. | 1921 | Chiyoda, Tokyo, Japan | – | – | – | |
Commercial HVAC solutions in air conditioning and refrigeration are manufactured. | 1902 | Palm Beach Gardens, Florida, United States | – | USD 21.75 B | 48,000 | |
Energy conservation and automation solutions are provided for industrial processes. | 1926 | Pune, Maharashtra, India | – | USD 137.05 M | 1,840 | |
Electricity is distributed by Energisa in Brazilian regions. | 1905 | Rio De Janeiro, Rio De Janeiro, Brazil | – | USD 6.47 B | 17,410 | |
HVAC equipment for commercial applications is manufactured. | 1988 | Tulsa, Oklahoma, United States | – | USD 1.44 B | 4,810 | |
Multi-category consumer electronics products are provided by Syska. | 2012 | Pune, Maharashtra, India | USD 62 M | USD 148.76 M | 3 | |
Electronics, lighting, and smart consumer products are developed. | 1886 | Pittsburgh, Pennsylvania, United States | USD 1.1 M | – | – | |
Electrical and digital solutions for building infrastructures are provided. | 1860 | Limoges, Haute-vienne, France | – | USD 11.14 B | 34,900 |
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Frequently Asked Questions about Formbay
Formbay was founded in 2010.
Formbay is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Daniel Sullivan is the current CEO of Formbay. They have also founded this company.
Formbay is a digital platform for managing Small-scale Technology Certificates (STC) in the solar sector of Australia. It enables end-to-end application processes through features like e-signatures, multiple user accounts, and same-day payments. The solution targets solar installers and businesses, streamlining administrative tasks and improving efficiency for renewable energy operations.
Formbay's top competitors include SolarBuyer, Hbaromega and Endeas.
Formbay offers STC Management Platform and Installer App.
Formbay has 1 investor. Key investors include Xpansiv.
Yes. Formbay was acquired by Xpansiv in September 2026.