Goal Zero

Salt Lake City, United States Founded: 2010 • Age: 16 yrs Acquired By BioLite
Manufacturer of portable power stations, solar generators, and home backup systems
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About Goal Zero

Goal Zero is a company based in Salt Lake City (United States) founded in 2010 was acquired by BioLite in April 2025.. Goal Zero has raised $13.42 million across 3 funding rounds from investors including BioLite, NRG Energy and Mercato Partners. Goal Zero offers products and services including Portable Power Stations, Solar Generators, Power Banks, and Solar Panels. Goal Zero operates in a competitive market with competitors including Ecoflow, Naked Energy, Eni Plenitude, ZOLA Electric and Borosil Renewables, among others.

  • Headquarter Salt Lake City, United States
  • Sectors
    Energy & Utilities
    Consumer
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Consumer → Sports, Leisure & Outdoor
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $13.42 M (USD)

    in 3 rounds

  • Latest Funding Round
    $9.5 M (USD), Series B

    Apr 03, 2013

  • Investors
    BioLite

    & 3 more

  • Employee Count
    Employee Count
  • Acquired by
    BioLite

    & 1 more

    (Apr 16, 2025)

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Products & Services of Goal Zero

Goal Zero offers a comprehensive portfolio of products and services, including Portable Power Stations, Solar Generators, Power Banks, and Solar Panels. 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.

Primary

Devices for reliable backup power during outages or outdoor use

Solar-powered systems for off-grid electricity generation

Compact batteries for charging devices on the go

Panels that convert sunlight into usable power

People of Goal Zero
Headcount 50-200
Employee Profiles 4
Employee Profiles
People
Bill Harmon
General Manager

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Funding Insights of Goal Zero

Goal Zero has successfully raised a total of $13.42M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $9.5 million completed in April 2013. 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 Rounds 3
  • Last Round Series B — $9.5M
  • First Round

    (01 Sep 2011)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2013 Amount Series B - Goal Zero Valuation Mercato Partners
Sep, 2011 Amount Series A - Goal Zero Valuation Sorenson Capital
Sep, 2011 Amount Series A - Goal Zero Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Goal Zero

Goal Zero has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include BioLite, NRG Energy and Mercato Partners. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Growth-stage investments in consumer tech are managed.
Founded Year Domain Location
Focus by Sorenson Capital is on software, healthcare, aerospace, energy.
Founded Year Domain Location
Energy generation and storage are managed on a large scale.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Goal Zero

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Goal Zero

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Goal Zero Comparisons

Employees
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Competitors of Goal Zero

Goal Zero 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 Ecoflow, Naked Energy, Eni Plenitude, ZOLA Electric and Borosil Renewables, 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
An online platform for energy storage solutions is offered.
domain founded_year HQ Location
Heat decarbonization solutions are delivered via hybrid solar collectors.
domain founded_year HQ Location
Manufacturer of solar powered products
domain founded_year HQ Location
Provider of solar installation and upgradation services for rural customers
domain founded_year HQ Location
Solar glass is manufactured by Borosil Renewables for photovoltaic applications.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Goal Zero

Frequently Asked Questions about Goal Zero

When was Goal Zero founded?

Goal Zero was founded in 2010 and raised its 1st funding round 1 year after it was founded.

Where is Goal Zero located?

Goal Zero is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.

Is Goal Zero a funded company?

Goal Zero is a funded company, having raised a total of $13.42M across 3 funding rounds to date. The company's 1st funding round was a Series A of $718.69K, raised on Sep 01, 2011.

What does Goal Zero do?

Goal Zero was founded in 2010 and is headquartered in Salt Lake City, United States. Portable power stations, solar generators, and home backup systems are produced for applications ranging from compact devices to large-scale needs. A variety of solar panels and accessories is offered, supporting electronic devices, appliances, vehicles, and off-grid living. Operations focus on durable, user-friendly designs within the renewable energy sector.

Who are the top competitors of Goal Zero?

Goal Zero's top competitors include Ecoflow, Naked Energy and ZOLA Electric.

What products or services does Goal Zero offer?

Goal Zero offers Portable Power Stations, Solar Generators, Power Banks, and Solar Panels.

Who are Goal Zero's investors?

Goal Zero has 4 investors. Key investors include BioLite, NRG Energy, Mercato Partners, and Sorenson Capital.

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