About HelioVolt
HelioVolt is an Energy & Utilities company based in Austin (United States) founded in 2001 by B J Stanbery. It operates as a thin-film monolithic solar modules are designed and manufactured. HelioVolt has raised $256.7 million across 8 funding rounds from investors including Morgan Stanley, Abengoa and NEA. The company has 102 employees. Its chief executive is Jim Flanary. HelioVolt offers products and services including HVC-170X / 190X and Thin-Film Solar Modules. Its focus areas include Energy Tech, Renewable Energy Tech, Solar Energy and Solar Modules. Its legal entity is HELIOVOLT CORPORATION. Its competitors include First Solar, Oxford Photovoltaics, Swift Solar, Ambient Photonics and Heliatek and 5 more; 9 of its 10 listed competitors have raised funding.
Company details
HelioVolt was founded in 2001 in Austin, United States, as a manufacturer in the solar energy sector. Thin-film monolithic solar modules are designed and developed by the company. Glass-laminated modules are produced, ensuring compatibility with standard industry installation tools and practices. Operations focus on advancing solar panel technology for integration into existing systems.
- Headquarters Austin, United States
- Employees 102
- Founders B J Stanbery
- SectorsEnergy & Utilities
- Phone•••• ••••
- Website heliovolt.com
- Legal Name Heliovolt Corporation
- Total Equity Funding$256.7M (USD)
in 8 rounds
- Latest Funding Round$19M (USD), Series C
Aug 2013
- InvestorsMorgan Stanley
& 11 more
- Employee Count102
Products & Services of HelioVolt
HelioVolt offers a comprehensive portfolio of products and services, including HVC-170X / 190X and Thin-Film Solar Modules.
High-performance modules for efficient renewable energy production.
Advanced solar panels offering low-cost and reliable energy output.
Funding Insights of HelioVolt
HelioVolt has successfully raised a total of $256.7M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $19 million completed in August 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 $256.7M
- Total Rounds 8
- Last Round Series C — $19M
- First Round $8M
(Jun 2005)
- Investors Count 12
All 8 funding rounds of HelioVolt 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 |
|---|---|---|---|---|---|
| Aug 2013 | $19M | Series C | – | – | – |
| Dec 2012 | $12.17M | Series C | – | – | – |
| Sep 2011 | $85M | Series C | – | New Enterprise Associates, SK Group | – |
| Jan 2011 | $8.52M | Debt – Conventional | – | – | – |
| Jun 2010 | $31.52M | Series B | – | – | – |
| Oct 2007 | $24M | Series B | – | – | |
| Aug 2007 | $77M | Series B | – | Paladin Capital, Masdar Clean Tech Fund | |
| Jun 2005 | $8M | Series A | – | New Enterprise Associates | – |
12 investors in total: 12 institutional.
Investors in HelioVolt
HelioVolt has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Morgan Stanley, Abengoa and NEA.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are offered to startups by NEA. | – | nea.com | Menlo Park, United States | |
- | – | sequelvc.com | - | |
Investment firm focused on technology ventures and private equity. | 2002 | noventi.net | - | |
Venture capital is invested in multiple sectors by Paladin Capital. | – | paladincapgroup.com | Washington, Dc, United States | |
- | – | masdarctf.com | - | |
- | – | suntonunited.com | - | |
Yellowstone Capital Partners is engaged in private equity investments. | 1993 | yellowstonecapital.com | Houston, United States | |
SK Group Inc. is engaged in providing promotional products and apparel. | – | skgroupinc.com | Sault Ste. Marie, Canada | |
Global investment firm managing funds for emerging markets and technology trends. | 2000 | passportcapital.com | San Francisco, United States | |
Serves as a developer of solar power projects. | 1993 | abengoasolar.com | Seville, Spain |
Investor details for HelioVolt
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.
People of HelioVolt
2 people are tracked at HelioVolt (2 in leadership); the tracked headcount is 102.
| Name | Role | Group |
|---|---|---|
B J Stanbery | Founder | Leadership |
Jim Flanary | CEO | Leadership |
Complete people profiles for HelioVolt
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
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Verified entity values are shown only after access is granted.
Timeline of HelioVolt
3 dated milestones of HelioVolt across 12 years, from founding to its latest funding, stage changes and deals.
- Founded HelioVolt is founded.
- Funding First funding round of $8.0M.
- Funding Latest funding round, Series C, of $19.0M.
Competitors of HelioVolt
HelioVolt has 10 listed competitors in our database, 9 of them funded. They include First Solar, Oxford Photovoltaics, Swift Solar, Ambient Photonics and Heliatek, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| firstsolar.com | 1999 | Tempe, United States | – | 6,700 | Provider of cadmium telluride-based flexible solar modules | |
| oxfordpv.com | 2010 | Oxford, United Kingdom | $202.24M | 115 | Perovskite-based solar cells are provided for BIPV applications. | |
| swiftsolar.com | 2017 | Golden, United States | $42.39M | 19 | Flexible perovskite solar cells are provided using hybrid halide materials. | |
| ambientphotonics.com | 2019 | Scotts Valley, United States | $61M | 11 | Solar cells are supplied for powering connected IoT devices. | |
| heliatek.com | 2006 | Dresden, Germany | $117.21M | 193 | Organic solar films and photovoltaic panels are manufactured. | |
| q-cells.com | 1999 | Bitterfeld Wolfen, Germany | $14.05M | – | Manufactures and sells solar modules for eco-friendly power generation globally. | |
| tandempv.com | 2017 | San Francisco, United States | $64.4M | – | Developer of a perovskite-based solar cell | |
| qdsolarinc.com | 2014 | Toronto, Canada | $7.76M | – | Quantum dot-based photovoltaic cells are developed for solar panel integration. | |
| mpowertech.com | 2008 | Albuquerque, United States | $56.41M | 11 | Provider of flexible silicon-based solar panels | |
| voltiris.com | 2021 | Lausanne, Switzerland | $6.87M | – | Developer of solar modules for greenhouse energy production. These modules enable simultaneous crop growth and electricity generation, leveraging existing greenhouse space. The technology uses spectral filtering to minimize or eliminate negative impacts on crop yields while maximizing energy production. The modules are designed for easy installation and minimal maintenance, offering greenhouse owners a path to energy independence and increased profitability through self-consumption and potential grid sales. Various financing options are available to suit different budgetary needs. |
Detailed competitors of HelioVolt
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 HelioVolt
The website of HelioVolt (heliovolt.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▲ 2.1% vs previous month
Top companies in Renewable Energy Platforms
10 companies that operate in the same segment as HelioVolt (Renewable Energy Platforms), 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 | |
Manufacturer of smart solar inverters | 2006 | Herzliya, Central District, Israel | USD 96.8 M | USD 1.18 B | 5,630 | |
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 | |
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Iron-air energy storage systems are developed for renewable energy projects. | 2009 | Somerville, Massachusetts, United States | USD 2 B | – | 902 | |
Full-end solar services are provided to residential and commercial sectors. | 2009 | Charleston, South Carolina, United States | USD 670.36 M | – | 749 | |
Micro-inverters and energy storage systems are manufactured for solar applications. | 2006 | Fremont, California, United States | USD 100.07 M | USD 1.47 B | 2,780 | |
Producer and supplier of green hydrogen | 2017 | Nantes, Pays De La Loire, France | USD 96.93 M | USD 11.48 M | 199 | |
Online platform for funding solar projects | 2015 | New York, New York, United States | USD 503.95 M | – | 30 | |
Provider of hydrogen production and storage solutions | 1927 | Oslo, Oslo, Norway | – | USD 95.55 M | 409 |
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Frequently Asked Questions about HelioVolt
HelioVolt was founded in 2001 and raised its 1st funding round 4 years after it was founded.
HelioVolt is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Jim Flanary is the current CEO of HelioVolt.
HelioVolt is a funded company, having raised a total of $256.7M across 8 funding rounds to date. The company's 1st funding round was a Series A of $8M, raised on Jun 2005.
HelioVolt has 102 employees.
HelioVolt was founded in 2001 in Austin, United States, as a manufacturer in the solar energy sector. Thin-film monolithic solar modules are designed and developed by the company. Glass-laminated modules are produced, ensuring compatibility with standard industry installation tools and practices. Operations focus on advancing solar panel technology for integration into existing systems.
HelioVolt's top competitors include First Solar, Oxford Photovoltaics and Swift Solar.
HelioVolt offers HVC-170X / 190X and Thin-Film Solar Modules.
HelioVolt has 12 investors. Key investors include Morgan Stanley, Abengoa, NEA, SK Group Inc, and Sequel Venture Partners.
HelioVolt operates through Heliovolt Corporation.