About groSolar
groSolar is an Energy & Utilities company based in White River (South Africa) founded in 1998, and was acquired by EDF Renewable Energy in April 2016. It operates as a solar Distribution and Installation. groSolar has raised $28.59 million across 4 funding rounds from investors including EDF Renewable Energy, Calvert and My Pet Air Plant. Its focus areas include Energy, Solar Energy, Project Development Services and Project Developers. Its competitors include Sun Exchange, New Southern Energy, go solr, Energy Efficiency and Genesis Eco Energy and 3 more; 1 of its 8 listed competitors has raised funding.
Company details
Founded in 1998, groSolar functions within the solar energy sector as a distributor, installer, and integrator. Solar electric and hot water systems are supplied to residential and commercial clients. Components from manufacturers including Evergreen Solar, Motech, and SMA are incorporated into solutions. Operations include offices and warehouses across North America, with headquarters located in White River, South Africa.
- Headquarters White River, South Africa
- Stage Acquired
- SectorsEnergy & Utilities
- Website grosolar.com
- Social LinkedIn X
- Acquired by EDF Renewable Energy (Apr 2016)
- Total Equity Funding$28.59M (USD)
in 4 rounds
- Latest Funding Round$2.24M (USD), Series C
Jan 2011
- InvestorsEDF Renewable Energy
& 3 more
- Acquired byEDF Renewable Energy
(Apr 2016)
Funding Insights of groSolar
groSolar has successfully raised a total of $28.59M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $2.24 million completed in January 2011. 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 $28.59M
- Total Rounds 4
- Last Round Series C — $2.24M
- First Round $2.25M
(Oct 2006)
- Investors Count 3
All 4 funding rounds of groSolar 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 |
|---|---|---|---|---|---|
| Jan 2011 | $2.24M | Series C | – | – | – |
| May 2009 | $14.1M | Series C | – | – | – |
| Dec 2007 | $10M | Series B | – | – | |
| Oct 2006 | $2.25M | Series A | – | – |
4 investors in total: 4 institutional.
Investors in groSolar
groSolar has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include EDF Renewable Energy, Calvert and My Pet Air Plant.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Live pet air plants are offered for adoption to children. | – | ngpetp.com | Washington, Dc, United States | |
Impact venture capital is invested in early-stage US companies. | – | sjfventures.com | Durham, United States | |
Venture capital investments are managed from Kansas City. | 1976 | calvert.com | Kansas City, United States | |
Solar and wind energy projects are developed and operated. | 1987 | edf-re.com | San Diego, United States |
Investor details for groSolar
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of groSolar
4 dated milestones of groSolar across 18 years, from founding to its latest funding, stage changes and deals.
- Founded groSolar is founded.
- Funding First funding round of $2.2M.
- Funding Latest funding round, Series C, of $2.2M.
- Exit Acquired by EDF Renewable Energy.
Competitors of groSolar
groSolar has 8 listed competitors in our database, 1 of them funded. They include Sun Exchange, New Southern Energy, go solr, Energy Efficiency and Genesis Eco Energy, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sunexchange.com | 2015 | Muizenberg, South Africa | $14.84M | – | Solar power and storage solutions are developed for midsize organizations. | |
| newsouthernenergy.com | 2009 | Cape Town, South Africa | – | – | Turnkey solar energy projects are developed by New Southern Energy. | |
| gosolr.co.za | 2020 | Cape Town, South Africa | – | – | Provider of solar panel installation services | |
| energyefficiency.co.za | 2014 | Durban, South Africa | – | – | Solar energy projects are developed in South Africa. | |
| genesis-eco.com | 2004 | Cape Town, South Africa | – | – | Develops wind, solar, and hybrid energy projects for utility-scale applications in South Africa. | |
| gaiaonica.com | 2022 | Cape Town, South Africa | – | – | Delivers comprehensive solutions for wind turbines and solar panels. | |
| k-energy.co.za | 2020 | Midrand, South Africa | – | – | Develops solar PV projects, rooftop installations, and energy solutions for businesses. | |
| libalele-energy.com | 2017 | Johannesburg, South Africa | – | – | Provides solar energy solutions and EPC services for renewable projects in Africa. |
Detailed competitors of groSolar
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of groSolar
Websites that share an audience with groSolar (grosolar.com).
Websites whose visitors overlap most with groSolar. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
unisersolar.com | unisersolar.com | 100% | – | – | – |
supesolar.com | supesolar.com | 100% | – | #5,277,217 | – |
lasolarworks.com | lasolarworks.com | 100% | – | – | – |
ptlsolar.com | ptlsolar.com | 100% | – | – | – |
| solarsense-uk.com | 100% | 4.2K | #4,569,615 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 17 similar websites and full traffic analytics for groSolar
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 17 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Renewable & Sustainable Energy
10 companies that operate in the same segment as groSolar (Renewable & Sustainable Energy), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 2.81 B | USD 17.62 K | 5,752 | |
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168 M | – | – | |
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed and operated by Lightsource BP. | 2010 | London, England, United Kingdom | USD 417.9 M | – | – | |
Solar energy solutions and financing are provided for off-grid communities. | 2004 | Nairobi, Kenya | USD 118.02 M | USD 26.54 M | 103 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 | |
Sustainable energy solutions are developed and operated worldwide. | 2000 | Chicago, Illinois, United States | USD 575 M | – | 1,276 | |
Solar energy services are provided to residential customers nationwide. | 2007 | San Francisco, California, United States | USD 296.98 M | USD 2.96 B | 11,060 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about groSolar
groSolar was founded in 1998 and raised its 1st funding round 8 years after it was founded.
groSolar is headquartered in White River, South Africa. It is registered at White River, Mpumalanga, South Africa.
groSolar is a funded company, having raised a total of $28.59M across 4 funding rounds to date. The company's 1st funding round was a Series A of $2.25M, raised on Oct 2006.
Founded in 1998, groSolar functions within the solar energy sector as a distributor, installer, and integrator. Solar electric and hot water systems are supplied to residential and commercial clients. Components from manufacturers including Evergreen Solar, Motech, and SMA are incorporated into solutions. Operations include offices and warehouses across North America, with headquarters located in White River, South Africa.
groSolar's top competitors include Sun Exchange, New Southern Energy and go solr.
groSolar has 4 investors. Key investors include EDF Renewable Energy, Calvert, My Pet Air Plant, and SJF Ventures.
Yes. groSolar was acquired by EDF Renewable Energy in April 2016.