Nexamp

North Andover, United States Founded: 2007 • Age: 19 yrs Unicorn
Clean energy projects are analyzed, designed, financed, built, and maintained.

About Nexamp

Nexamp is an Energy & Utilities company based in North Andover (United States) founded in 2007. Clean energy projects are analyzed, designed, financed, built, and maintained. Nexamp has raised $1.45 billion across 13 funding rounds from investors including US Bank, Nuveen and Generate Capital. The company has 590 employees. Nexamp has completed 1 acquisition, including SolVera Energy. Nexamp was last valued at $1.08 billion in April 2025. Its chief executive, as recorded, is Zaid Ashai. Its website nexamp.com draws about 115 thousand monthly visits. Nexamp offers products and services including Community Solar, Energy Storage, Hosting a Farm, and Power Purchase Agreements. Its focus areas include Energy Tech, Renewable Energy Tech, Solar Energy and Community Solar. Its legal entity is NEXAMP, INC. Its competitors include Perch Energy and Ampion; 2 of its 2 listed competitors have raised funding.

Company details

Nexamp was founded in 2007 and is headquartered in North Andover, United States. Operations focus on the clean energy sector, where solar projects are developed for businesses, governments, and homeowners to lower energy costs and emissions. Services encompass energy efficiency measures and management systems. In March 2011, Solver Energy was acquired by the company for an undisclosed amount.

  • Headquarters North Andover, United States
  • Employees 590
  • Stage Unicorn
  • Sectors
    Energy & Utilities
  • Website category Heavy Industry and Engineering · Energy Industry
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website nexamp.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Legal Name Nexamp, Inc.
Key Metrics
  • Total Equity Funding
    $1.45B (USD)

    in 13 rounds

  • Latest Funding Round
    $200M (USD), Conventional Debt

    Apr 2026

  • Investors
    US Bank

    & 12 more

  • Employee Count
    590
  • Investments & Acquisitions

Products & Services of Nexamp

Nexamp offers a comprehensive portfolio of products and services, including Community Solar, Energy Storage, Hosting a Farm, and Power Purchase Agreements.

Community Solar
Solar Services

Enables access to solar energy for cost savings without installations

Energy Storage
Energy Solutions

Provides storage systems to boost business energy efficiency

Hosting a Farm
Solar Hosting

Allows land owners to host solar farms for revenue generation

Power Purchase Agreements
Energy Contracts

Offers agreements for sustainable energy at scale

Apps and channels of Nexamp

its YouTube channel Nexamp has 594 subscribers and 30 videos.

Nexamp
YouTube 594 subscribers 30 videos Howto & Style
Open channel

Videos from Nexamp

The most watched videos on Nexamp's YouTube channel, Nexamp (594 subscribers). Click a video to play it here.

Community Solar: What It Is and How It Works
16.1K views
How you save with Nexamp
6.1K views
Farming for the Future: See how the O’Mara family is planning ahead
3.2K views
5 things to know about your Nexamp subscription
1.7K views

More on Nexamp.

Funding Insights of Nexamp

Nexamp has successfully raised a total of $1.45B across 13 strategic funding rounds. The most recent funding activity was a Conventional Debt round of $200 million completed in April 2026. 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 $1.45B
  • Total Rounds 13
  • Last Round Conventional Debt — $200M
  • First Round $6.54M

    (Jan 2010)

  • Investors Count 13

Latest 10 of 13 funding rounds of Nexamp with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2026$200MDebt – Conventional––
Nuveen
Feb 2026$180MSeries E––
–
Mar 2024$520MSeries F–Manulife Investment Management
Jun 2023$400MSeries E–US Bank
–
Jun 2023Debt – Conventional––
Aug 2021$240MSeries D–Generate Capital
–
Mar 2021$440MDebt – Conventional––
–
Aug 2018$54.03MSeries C––
Jun 2017$14.56MSeries B––
–
Dec 2016$1.5MSeries B––
–
Valuation history
DateValuationStage
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Full valuation and stage history of Nexamp

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Last known valuation $1.08B (Apr 2025). 13 investors in total: 13 institutional.

Investors in Nexamp

Nexamp has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include US Bank, Nuveen and Generate Capital.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Manulife Wealth and Asset Management is engaged in providing investment and retirement solutions globally.
manulifeim.comToronto, Canada
Renewable energy infrastructure investments are managed by Generate Capital.
2014generatecapital.comSan Francisco, United States
Commercial real estate is acquired and developed by RCG Ventures.
rcgventures.comAtlanta, United States
Seed and early-stage investments in US tech sectors are made.
pjc.vcBoston, United States
Investment services providing debt and equity for lower middle market companies in the US.
baycapllc.com
dgc-us.com
Commercial bank
1968usbank.comUnited States
Multiple sectors are advised through specialized finance teams.
mufgcampus.comChiyoda-ku, Japan
Provides comprehensive financial services focused on solar energy solutions.
2001goodenergies.orgZug, Switzerland
mufgemea.com
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Investor details for Nexamp

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Co-investor network

Verified entity values are shown only after access is granted.

People of Nexamp

176 people are tracked at Nexamp (67 in leadership, 109 in team); the tracked headcount is 590.

NameRoleGroup
Zaid Ashai
CEOLeadership
Satoko Wakasa
VP, Strategic GrowthLeadership
Will Thompson
Founder; SVP, Nexamp Asset Management ServicesLeadership
Scott Sargent
Director, Construction East CoastLeadership
Cameron Johnston
Vice President, Energy SalesLeadership
Caitlin Kelly
Vice President, Assistant General CounselLeadership
Jacob Uzman
Director Of Revenue OptimizationLeadership
Ryan McCune
Vice President Of Business DevelopmentLeadership
Dan C.
Senior Vice President, Marketing, Brand & Customer ExperienceLeadership
Rebecca Lawrence
Chief Of StaffLeadership
Jarrod Sonett
Director - Business DevelopmentLeadership
Jamie Hall
Director, Energy Market StrategyLeadership
Matthew Fillo
Vp, Corporate FinanceLeadership
Daniel Anastos
Director, Energy Market OptimizationLeadership
Henry Barrett
Director, Business Development - New EnglandLeadership
Tyler Maurer
Director, Capital MarketsLeadership
Johnny Sullivan
Director, Portfolio OperationsLeadership
Alan L. Clapp
Vice President Business DevelopmentLeadership
Jessica Collingsworth
Central Policy DirectorLeadership
Robin Boorstein
Vice President Revenue Optimization & ComplianceLeadership

156 more people are available in the full profile.

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Complete people profiles for Nexamp

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Investments & Acquisitions by Nexamp

Nexamp has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include SolVera Energy.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Developer of solar and wind energy projects
solveraenergy.comUnited States2010Mar 2011••••
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  • Exports

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Timeline of Nexamp

5 dated milestones of Nexamp across 19 years, from founding to its latest funding, stage changes and deals.

  1. Founded Nexamp is founded.
  2. Funding First funding round of $6.5M.
  3. Acquisition Acquires SolVera Energy.
  4. Milestone Reaches Unicorn status.
  5. Funding Latest funding round, Conventional Debt, of $200.0M.

Competitors of Nexamp

Nexamp has 2 listed competitors in our database, 2 of them funded. They include Perch Energy and Ampion.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
perchenergy.com2021Boston, United States$36.2M
Energy monitoring solutions are provided for residential applications.
ampion.net2014Boston, United States$10M106
Customer acquisition and management for community solar farms are facilitated.
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Detailed competitors of Nexamp

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Verified entity values are shown only after access is granted.

Web traffic of Nexamp

The website of Nexamp (nexamp.com) receives about 115.4K visits a month and ranks #285,940 among all websites worldwide, #3,142 in Energy Industry.

  • Monthly visits
    115.4K

    ▼ 5.1% vs previous month

  • Unique visitors
    59.4K

    per month

  • Global rank
    #285,940

    among all websites

  • Category rank
    #3,142

    Heavy Industry and Engineering · Energy Industry

Similar websites

Websites whose visitors overlap most with Nexamp. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
heliopower.com
100%
View details
nyseg.com
94%
737.7K#46,688View details
solarflair.com
solarflair.com
94%
#12,438,046–
altuspower.com
91%
19.6K#913,651View details
comed.com
91%
2.8M#15,876View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
Premium access

All 20 similar websites and full traffic analytics for Nexamp

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Verified entity values are shown only after access is granted.

Top companies in Renewable Energy Platforms

3 companies that operate in the same segment as Nexamp (Renewable Energy Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Silicon-based solar PV modules are manufactured for diverse applications.
1985San Jose, California, United StatesUSD 171.73 MUSD 300 M600
Solar panel tracking software is provided for monitoring and control.
2013Fremont, California, United StatesUSD 42.63 MUSD 3.56 B1,300
Iron-air energy storage systems are developed for renewable energy projects.
2009Somerville, Massachusetts, United StatesUSD 2 B902
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Related news about Nexamp

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Frequently Asked Questions about Nexamp

Nexamp was founded in 2007 and raised its 1st funding round 3 years after it was founded.

Nexamp is headquartered in North Andover, United States. It is registered at North Andover, Massachusetts, United States.

Zaid Ashai is the CEO of Nexamp, as recorded in our data.

Nexamp is a funded company, having raised a total of $1.45B across 13 funding rounds to date. The company's 1st funding round was a Series B of $1.5M, raised on Jan 2010.

Nexamp has 590 employees.

Nexamp was founded in 2007 and is headquartered in North Andover, United States. Operations focus on the clean energy sector, where solar projects are developed for businesses, governments, and homeowners to lower energy costs and emissions. Services encompass energy efficiency measures and management systems. In March 2011, Solver Energy was acquired by the company for an undisclosed amount.

Nexamp's top competitors include Perch Energy and Ampion.

Nexamp offers Community Solar, Energy Storage, Hosting a Farm, and Power Purchase Agreements.

Nexamp has made 1 acquisition, including SolVera Energy.

Nexamp has 13 investors. Key investors include US Bank, Nuveen, Generate Capital, Mitsubishi Corporation, and Nomura.

The valuation of Nexamp is $1.08B as of Apr 2025.

Nexamp operates through Nexamp, Inc..

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