Optivolt

San Mateo, United States Founded: 2017 • Age: 9 yrs
Solar-powered products with shade-tolerance technology are provided.

About Optivolt

Optivolt is an Energy & Utilities company based in San Mateo (United States) founded in 2017 by Daniel Kofman and Rohit Kalyanpur. Solar-powered products with shade-tolerance technology are provided. Optivolt has raised $40.22 million across 4 funding rounds from investors including Techstars, OSTI.GOV and Atlas Innovate. Its chief executive, as recorded, is Rohit Kalyanpur. Its focus areas include Energy, Solar Energy, Solar Products and Multi-Products. Its competitors include Ecoflow, Polar Power and Renogy; 3 of its 3 listed competitors have raised funding.

Company details

Optivolt was founded in 2017 and is based in San Mateo, United States. Operations focus on the renewable energy sector, where solar panels incorporating shade-tolerance technology are developed and offered. Key products include the ThinMint 14, ThinMint 30, ThinMint-85, and ThinMint-300 models. These items are supplied to support various solar energy applications in residential and commercial settings.

  • Headquarters San Mateo, United States
  • Founders Daniel Kofman, Rohit Kalyanpur
  • Sectors
    Energy & Utilities
  • Website optivolt.com
  • Social LinkedIn
Key Metrics
  • Total Equity Funding
    $40.22M (USD)

    in 4 rounds

  • Latest Funding Round
    $32M (USD), Series A

    Oct 2026

  • Investors
    Techstars

    & 9 more

Funding Insights of Optivolt

Optivolt has successfully raised a total of $40.22M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $32 million completed in October 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 $40.22M
  • Total Rounds 4
  • Last Round Series A β€” $32M
  • First Round $20,000

    (Jun 2018)

  • Investors Count 10

All 4 funding rounds of Optivolt with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2026$32MSeries A–Vxi Capital
Jul 2024$199,873Grant––
May 2022$8.2MSeed–Atlas Innovate
Jun 2018$20,000Seed–Techstars
–
Valuation history

10 investors in total: 9 institutional and 1 angel.

Investors in Optivolt

Optivolt has secured backing from 10 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Techstars, OSTI.GOV and Atlas Innovate.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital investments are made in impact-driven startups.
social-impact-capital.comNew York, United States
Venture capital firm investing in environmental, education & safety care sectors
citylight.vcNew York, United States
Early stage companies are invested in by Pure Ventures.
pureventuresvc.comOakland, United States
Startups are accelerated globally without sector restrictions through structured programs.
2006techstars.comNew York, United States
vxicapital.com
valoventures.org
Scientific and technical information is managed and disseminated by OSTI.GOV.
osti.govOak Ridge, United States
Atlas Innovate is focused on investing in industrial technology innovations.
atlasinnovate.com
racap.com

Peter Relan

Serial entrepreneur, angel investor, founder of YouWeb Incubator, based in Silicon Valley
unknown_1ff5982462ec49118
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Investor details for Optivolt

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People of Optivolt

2 people are tracked at Optivolt (2 in leadership).

NameRoleGroup
Daniel Kofman
Co-Founder & CTOLeadership
Rohit Kalyanpur
Co-Founder & CEOLeadership
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Timeline of Optivolt

3 dated milestones of Optivolt across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded Optivolt is founded.
  2. Funding First funding round of $20K.
  3. Funding Latest funding round, Series A, of $32.0M.

Competitors of Optivolt

Optivolt has 3 listed competitors in our database, 3 of them funded. They include Ecoflow, Polar Power and Renogy.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ecoflow.com2017San Jose, United States$104M
An online platform for energy storage solutions is offered.
polarpower.com1979Gardena, United States$1.17M113
Mobile rapid chargers for EVs are developed without utility grids.
renogy.com2005Ontario, United States$30.9M
Solar panels, kits, and power electronics are manufactured by Renogy.
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Detailed competitors of Optivolt

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Top companies in Renewable & Sustainable Energy

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

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Utility-scale renewable energy projects are developed by Enel X.
2001Boston, Massachusetts, United StatesUSD 168.67 M
Sustainable energy solutions are developed and operated worldwide.
2000Chicago, Illinois, United StatesUSD 575 M1,276
Solar energy services are provided to residential customers nationwide.
2007San Francisco, California, United StatesUSD 296.98 MUSD 2.96 B11,060
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Related news about Optivolt

Optivolt Raises $8M in Seed Funding
Finsmes β€’ 4 years ago
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Frequently Asked Questions about Optivolt

Optivolt was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Optivolt is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.

Rohit Kalyanpur is the CEO of Optivolt, as recorded in our data. They have also founded this company.

Optivolt is a funded company, having raised a total of $40.22M across 4 funding rounds to date. The company's 1st funding round was a Seed of $20K, raised on Jun 2018.

Optivolt was founded in 2017 and is based in San Mateo, United States. Operations focus on the renewable energy sector, where solar panels incorporating shade-tolerance technology are developed and offered. Key products include the ThinMint 14, ThinMint 30, ThinMint-85, and ThinMint-300 models. These items are supplied to support various solar energy applications in residential and commercial settings.

Optivolt's top competitors include Ecoflow, Renogy and Polar Power.

Optivolt has 10 investors. Key investors include Techstars, OSTI.GOV, Atlas Innovate, Social Impact Capital, and City Light Capital.

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