About New Sun Road
New Sun Road is an Energy & Utilities company based in Richmond (United States) founded in 2014 by Austin Cappon, Jonathan Lee, and Jalel Sager. Distributed energy solutions for renewable power are provided. It operates in the Energy & Utilities and Technology sectors. New Sun Road has raised $5.9 million across 3 funding rounds from investors including Microsoft, Nelnet and Skyview Ventures. Its chief executive, as recorded, is Jalel Sager. New Sun Road offers products and services including Stellar Microgrid OS, Stellar AI, Stellar Edge, and Stellar IS. Its focus areas include Energy Tech, Smart Grid, Distributed Energy Resources and Microgrid. Its competitors include Equilibrium Energy, RadianGEN and Scale Microgrids; 3 of its 3 listed competitors have raised funding.
Company details
New Sun Road was founded in 2014 and is based in Richmond, United States. Operations focus on the renewable power sector, where distributed energy solutions are delivered. These include a software platform for optimizing renewables-based power systems, cloud-based monitoring and control devices, and community-run centers for connectivity and economic development. Services support management and integration of renewable energy infrastructure.
- Headquarters Richmond, United States
- Founders Austin Cappon, Jonathan Lee, Jalel Sager
- SectorsEnergy & UtilitiesTechnology
- Email••••••••
- Website newsunroad.com
- Social LinkedIn X Facebook YouTube
- Total Equity Funding$5.9M (USD)
in 3 rounds
- InvestorsMicrosoft
& 3 more
Products & Services of New Sun Road
New Sun Road offers a comprehensive portfolio of products and services, including Stellar Microgrid OS, Stellar AI, Stellar Edge, and Stellar IS.
Cloud-based system for managing and optimizing microgrid operations remotely.
AI tool to reduce costs and maximize renewable energy usage in systems.
Hardware device for data acquisition and control in energy setups.
Platform for energy access and digital connectivity projects worldwide.
Apps and channels of New Sun Road
its YouTube channel New Sun Road has 48 subscribers and 23 videos.
Videos from New Sun Road
The most watched videos on New Sun Road's YouTube channel, New Sun Road (48 subscribers). Click a video to play it here.
More on New Sun Road.
Funding Insights of New Sun Road
New Sun Road has successfully raised a total of $5.9M across 3 strategic funding rounds. 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 $5.9M
- Total Rounds 3
- Investors Count 4
All 3 funding rounds of New Sun Road 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 |
|---|---|---|---|---|---|
| Jun 2023 | Debt – Conventional | – | – | – | |
| May 2023 | $5.9M | Series A | – | – | |
| May 2016 | Grant | – | – |
4 investors in total: 4 institutional.
Investors in New Sun Road
New Sun Road has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Microsoft, Nelnet and Skyview Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment in renewable energy markets across North America is made. | 2008 | skyviewventures.com | Nashville, United States | |
Venture capital is invested in climate tech startups and entrepreneurs. | climatecapital.co | San Francisco, United States | ||
Nelnet is engaged in student loan servicing and consumer finance. | nelnet.com | Lincoln, United States | ||
Microsoft is recognized for software, hardware, and gaming solutions. | 1975 | microsoft.com | Redmond, United States |
Investor details for New Sun Road
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People of New Sun Road
13 people are tracked at New Sun Road (9 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
Austin Cappon | Co-Founder | Leadership |
Jonathan Lee | Co-Founder | Leadership |
Jalel Sager | Co-Founder & CEO | Leadership |
Robin Milshtein | Director, Business Development | Leadership |
Adrienne Pierce | CEO | Leadership |
Shivani Ganguly | CFO & COO | Leadership |
Michael Goldbach | Chief Product Officer | Leadership |
Robin Barabasz Milshtein | Senior Director Of Business Development | Leadership |
Susana Arrechea | Global Programs Director | Leadership |
Alejandro Alvarado | Guatemala Country Manager | Team |
Daniel Price | Operations Coordinator | Team |
Edna Figueroa | Q’eqchi’ Trainer & Interpreter | Team |
Jose Saavedra | Operations Specialist | Team |
Complete people profiles for New Sun Road
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Timeline of New Sun Road
3 dated milestones of New Sun Road across 9 years, from founding to its latest funding, stage changes and deals.
- Founded New Sun Road is founded.
- Funding First funding round.
- Funding Latest funding round, Debt – Conventional,.
Competitors of New Sun Road
New Sun Road has 3 listed competitors in our database, 3 of them funded. They include Equilibrium Energy, RadianGEN and Scale Microgrids.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| equilibriumenergy.com | 2021 | San Francisco, United States | $132.5M | 105 | Software solutions for energy portfolio management are offered. | |
| radiangen.com | 2013 | Oakland, United States | $2M | 93 | Solar asset management services are provided for PV projects. | |
| scalemicrogrids.com | 2016 | Ridgewood, United States | $30M | Microgrids are manufactured by Scale Microgrids in the United States. |
Detailed competitors of New Sun Road
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- Full competitor set
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Web traffic of New Sun Road
The website of New Sun Road (newsunroad.com) receives about 2.4K visits a month.
- Monthly visits2.4K
▲ 51.7% vs previous month
Top companies in Renewable Energy Platforms
3 companies that operate in the same segment as New Sun Road (Renewable Energy Platforms) in United States, 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 | |
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 | |
Iron-air energy storage systems are developed for renewable energy projects. | 2009 | Somerville, Massachusetts, United States | USD 2 B | 902 |
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Related news about New Sun Road
Complete news archive for New Sun Road
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Frequently Asked Questions about New Sun Road
New Sun Road was founded in 2014 and raised its 1st funding round 2 years after it was founded.
New Sun Road is headquartered in Richmond, United States. It is registered at Richmond, Virginia, United States.
Jalel Sager is the CEO of New Sun Road, as recorded in our data. They have also founded this company.
New Sun Road is a funded company, having raised a total of $5.9M across 3 funding rounds to date.
New Sun Road was founded in 2014 and is based in Richmond, United States. Operations focus on the renewable power sector, where distributed energy solutions are delivered. These include a software platform for optimizing renewables-based power systems, cloud-based monitoring and control devices, and community-run centers for connectivity and economic development. Services support management and integration of renewable energy infrastructure.
New Sun Road's top competitors include Equilibrium Energy, Scale Microgrids and RadianGEN.
New Sun Road offers Stellar Microgrid OS, Stellar AI, Stellar Edge, and Stellar IS.
New Sun Road has 4 investors. Key investors include Microsoft, Nelnet, Skyview Ventures, and Climate Capital.