About PanelClaw
PanelClaw is an Energy & Utilities company based in North Andover (United States) founded in 2007, and was acquired by Esdec in November 2020. Photovoltaic mounting systems for flat roofs and ground are developed. 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. Its focus areas include Energy, Solar Energy, Hardware Developer and Balance of Systems. Its legal entity is PANELCLAW INC. Its competitors include GameChange Solar, Unirac and Pegasus Solar; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters North Andover, United States
- Stage Acquired
- SectorsEnergy & Utilities
- Website panelclaw.com
- Social LinkedIn X Facebook
- Acquired by Esdec (Nov 2020)
- Legal Name Panelclaw Inc
Products & Services of PanelClaw
PanelClaw offers a comprehensive portfolio of products and services, including clawFR, clawFRplus, and clawFR Wire Management.
Racking system for solar panel installation on buildings
Enhanced racking for optimized solar energy setups
Wiring solutions for secure PV system integration
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 $2.08M
- Total Rounds 2
- Last Round Seed — $750,000
- First Round $1.33M
(Oct 2010)
All 2 funding rounds of PanelClaw 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 |
|---|---|---|---|---|---|
| Nov 2010 | $750,000 | Seed | – | – | – |
| Oct 2010 | $1.33M | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in PanelClaw
PanelClaw has secured backing from 1 investor. Prominent investors backing the company include Esdec.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Solar mounting systems are manufactured and installed for various roofs. | 2004 | esdec.com | Deventer, Netherlands |
Investor details for PanelClaw
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People of PanelClaw
13 people are tracked at PanelClaw (9 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
Constantino (Costa) Nicolaou | Chief Executive Officer | Leadership |
Paul Bitterolf | Vice President National Sales | Leadership |
Jon Blachly | Vice President, Sales | Leadership |
Colin Yake | Director Of Sales | Leadership |
Thomas Ringler | Chief Financial Officer | Leadership |
Michele Kerry | Director Of Operations | Leadership |
Joseph Gondron | Vice President, Sales | Leadership |
Joe A. | Vice President Of Engineering | Leadership |
Martin Proskin | Vice President Operations | Leadership |
John de Papp | Svp, Product And Marketing | Team |
Nathan Clements | Technical Sales Associate | Team |
Althea Rogoz | Inside Sales Associate | Team |
Jolene Ciosek | Senior Marketing Manager | Team |
Complete people profiles for PanelClaw
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Timeline of PanelClaw
4 dated milestones of PanelClaw across 13 years, from founding to its latest funding, stage changes and deals.
- Founded PanelClaw is founded.
- Funding First funding round of $1.3M.
- Funding Latest funding round, Seed, of $750K.
- Exit Acquired by Esdec.
Competitors of PanelClaw
PanelClaw has 3 listed competitors in our database, 2 of them funded. They include GameChange Solar, Unirac and Pegasus Solar.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gamechangesolar.com | 2012 | New York, United States | $150M | 139 | Designer & manufacturer of fixed tilt and tracker solar racking systems | |
| unirac.com | 1998 | Albuquerque, United States | 144 | Photovoltaic racking solutions for solar installations are manufactured and supplied. | ||
| pegasussolar.com | 2012 | Richardson, United States | $17.29M | Rail-less solar mounting structures are manufactured for residential systems. |
Detailed competitors of PanelClaw
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- Full competitor set
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Web traffic of PanelClaw
The website of PanelClaw (panelclaw.com) receives about 3.7K visits a month.
- Monthly visits3.7K
▲ 51.1% vs previous month
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as PanelClaw (Renewable & Sustainable Energy) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168.67 M | |||
Sustainable energy solutions are developed and operated worldwide. | 2000 | Chicago, Illinois, United States | USD 575 M | 1,276 | ||
Solar energy services are provided to residential customers nationwide. | 2007 | San Francisco, California, United States | USD 296.98 M | USD 2.96 B | 11,060 |
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Related news about Panelclaw
Complete news archive for PanelClaw
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Frequently Asked Questions about PanelClaw
PanelClaw was founded in 2007 and raised its 1st funding round 3 years after it was founded.
PanelClaw is headquartered in North Andover, United States. It is registered at North Andover, Massachusetts, United States.
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 2010.
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.
PanelClaw's top competitors include GameChange Solar, Unirac and Pegasus Solar.
PanelClaw offers clawFR, clawFRplus, and clawFR Wire Management.
PanelClaw has 1 investor. Key investors include Esdec.
PanelClaw operates through Panelclaw Inc.
Yes. PanelClaw was acquired by Esdec in November 2020.