About FTC Solar
FTC Solar is a company based in Austin (United States) founded in 2017. The company has 202 employees as of December 31, 2024. FTC Solar has completed 1 acquisition, including HX Tracker. FTC Solar operates in a competitive market with competitors including Enel X, Recurrent Energy, Longroad Energy, Origis Energy and Hillman Group, among others.
- Headquarter Austin, United States
- Employees 202 as on 31 Dec, 2024
- Stage Public
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Sectors
Energy & Utilities
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Ftc Solar, Inc.
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Annual Revenue
$47.35 M (USD)-62.71as on Dec 31, 2024
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Net Profit
-$48.61 M (USD)3.35as on Dec 31, 2024
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EBITDA
-$51.16 M (USD)-3.56as on Dec 31, 2024
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Latest Funding Round
$15 M (USD), Post-IPO
Dec 04, 2024
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Investors
Not available
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Employee Count
202
as on Dec 31, 2024
- Investments & Acquisitions
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IPO & Listings of FTC Solar
FTC Solar is a publicly listed company on the NASDAQ with ticker symbol FTCI in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
People of FTC Solar
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Software Development Team
16 people
Sales and Marketing
7 people
Leadership Team
5 people
Finance and Accounting
3 people
Data Analysis and Operations Team
2 people
Creative and Marketing Team
1 people
Steel Team
1 people
Applications Team
1 people
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Funding Insights of FTC Solar
Investments & Acquisitions by FTC Solar
FTC Solar has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include HX Tracker.
Investment portfolio details for FTC Solar
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Designer, developer, and installer of solar tracking systems
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Locked | Locked | 2019 | Locked |
Complete acquisition details for FTC Solar
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Financial Statements - FTC Solar
Detailed financials for FTC Solar
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Ftc Solar Comparisons
Peer comparison for FTC Solar
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Competitors of FTC Solar
FTC Solar 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 Enel X, Recurrent Energy, Longroad Energy, Origis Energy and Hillman Group, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Utility-scale renewable energy projects are developed by Enel X.
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Utility-scale solar projects are developed and owned by Recurrent Energy.
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| Locked | Locked | Locked |
Utility-scale wind and solar power projects are developed.
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| Locked | Locked | Locked |
Utility-scale and commercial solar projects are developed worldwide.
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| Locked | Locked | Locked |
Hardware and home improvement products are supplied to retail markets.
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Provider of renewable energy asset development, construction, and operation services
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Detailed competitors of FTC Solar
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Latest news on Ftc Solar
Complete news archive for FTC Solar
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Frequently Asked Questions about FTC Solar
FTC Solar was founded in 2017 and raised its 1st funding round 7 years after it was founded.
FTC Solar is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Tony Etnyre is the current CEO of FTC Solar.
As of Dec 31, 2024, the latest employee count at FTC Solar is 202.
Annual revenue of FTC Solar is $47.35M as on Dec 31, 2024.
FTC Solar was founded in 2017 and is based in Austin, United States. Operations are centered in the renewable energy sector, with solar power projects developed for utility-scale applications. Services include tracker systems and software solutions for solar installations. Geography is primarily focused on the U.S. market, where engineering and project management are handled. Leadership is provided by CEO Tony Etnyre.
FTC Solar's top competitors include Enel X, Longroad Energy and Recurrent Energy.
Yes, FTC Solar is publicly traded on NASDAQ under the ticker symbol FTCI.
FTC Solar has made 1 acquisition, including HX Tracker.
The ticker symbol of FTC Solar is FTCI on NASDAQ.