PanelClaw

North Andover, United States Founded: 2007 • Age: 19 yrs Acquired By Esdec
Photovoltaic mounting systems for flat roofs and ground are developed.

About PanelClaw

PanelClaw is a company based in North Andover (United States) founded in 2007 was acquired by Esdec in November 2020.. PanelClaw has raised $2.08 million across 2 funding rounds from investors including Esdec. PanelClaw offers products and services including clawFR, clawFRplus, and clawFR Wire Management. PanelClaw operates in a competitive market with competitors including GameChange Solar, Unirac, Pegasus Solar, Esdec Solar Group and Schletter, among others.

  • Headquarter North Andover, United States
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Panelclaw Inc
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $2.08 M (USD)

    in 2 rounds

  • Latest Funding Round
    $750 K (USD), Seed

    Nov 09, 2010

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Esdec

    (Nov 09, 2020)

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Products & Services of PanelClaw

PanelClaw offers a comprehensive portfolio of products and services, including clawFR, clawFRplus, and clawFR Wire Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Racking system for solar panel installation on buildings

Enhanced racking for optimized solar energy setups

Wiring solutions for secure PV system integration

People of PanelClaw
Headcount 50-200
Employee Profiles 13
Employee Profiles
People
John de Papp
Svp, Product And Marketing
People
Constantino (Costa) Nicolaou
Chief Executive Officer
People
Paul Bitterolf
Vice President National Sales
People
Jon Blachly
Vice President, Sales

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Funding Insights of PanelClaw

PanelClaw has successfully raised a total of $2.08M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $750 thousand completed in November 2010. 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
  • Total Rounds 2
  • Last Round Seed — $750,000
  • First Round

    (27 Oct 2010)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2010 Amount Seed - PanelClaw Valuation

investors

Oct, 2010 Amount Seed - PanelClaw Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in PanelClaw

PanelClaw has secured backing from 1 investor. Prominent investors backing the company include Esdec. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Solar mounting systems are manufactured and installed for various roofs.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by PanelClaw

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - PanelClaw

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Panelclaw Comparisons

Employees
+
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Competitors of PanelClaw

PanelClaw operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as GameChange Solar, Unirac, Pegasus Solar, Esdec Solar Group and Schletter, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Designer & manufacturer of fixed tilt and tracker solar racking systems
domain founded_year HQ Location
Photovoltaic racking solutions for solar installations are manufactured and supplied.
domain founded_year HQ Location
Rail-less solar mounting structures are manufactured for residential systems.
domain founded_year HQ Location
Rooftop solar racking and mounting systems are manufactured for installations.
domain founded_year HQ Location
Solar mounting systems are developed and manufactured by Schletter.
domain founded_year HQ Location
Offers solar mounting system
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Panelclaw

Frequently Asked Questions about PanelClaw

When was PanelClaw founded?

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

Where is PanelClaw located?

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

Is PanelClaw a funded company?

PanelClaw is a funded company, having raised a total of $2.08M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.33M, raised on Oct 27, 2010.

What does PanelClaw do?

PanelClaw was founded in 2007 and is headquartered in North Andover, United States. Operations focus on the renewable energy sector, where photovoltaic mounting and balance-of-system solutions are developed and marketed. Flat roof mounting options and ground mount systems, including ballasted racking, are offered to support solar installations. A strategic partnership with Powerway Renewable Energy is maintained to enhance product distribution and integration.

Who are the top competitors of PanelClaw?

PanelClaw's top competitors include Schletter, TerraSmart and GameChange Solar.

What products or services does PanelClaw offer?

PanelClaw offers clawFR, clawFRplus, and clawFR Wire Management.

Who are PanelClaw's investors?

PanelClaw has 1 investor. Key investors include Esdec.

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