About PosiGen
PosiGen is a Financial Services company based in New York (United States) founded in 2011. Solar panel energy solutions are provided to enterprises. It operates in the Financial Services and Energy & Utilities sectors. PosiGen has raised $280.18 million across 13 funding rounds from investors including Goldman Sachs, ImpactAssets and Brookfield Asset Management. PosiGen has completed 1 acquisition, including New England Conservation Services. Its website posigen.com draws about 12 thousand monthly visits. PosiGen offers products and services including Solar Panel Leasing, Energy Efficiency Audits, and Solar Battery. Its focus areas include Energy, Solar Energy, Solar-as-a-service and Financing. Its legal entity is PosiGen, Inc. Its competitors include SolarCity, Sunnova and Sunlight Financial; 3 of its 3 listed competitors have raised funding.
Company details
PosiGen was founded in 2011 and is headquartered in New York, United States. Operations are focused on the renewable energy sector, where solar panel installations and related energy solutions are delivered to enterprise clients. Services encompass system design, implementation, and maintenance to support sustainable power generation. The company serves businesses across various industries, emphasizing efficient solar adoption in urban and regional markets.
- Headquarters New York, United States
- SectorsFinancial ServicesEnergy & Utilities
- Website posigen.com
- Social LinkedIn X Facebook Instagram
- Legal Name Posigen, Inc.
- Total Equity Funding$280.18M (USD)
in 13 rounds
- Latest Funding Round$150M (USD), Debt – Conventional
May 2024
- InvestorsGoldman Sachs
& 18 more
- Investments & Acquisitions
Products & Services of PosiGen
PosiGen offers a comprehensive portfolio of products and services, including Solar Panel Leasing, Energy Efficiency Audits, and Solar Battery.
Leasing programs for solar panels to lower energy costs.
Audits to identify ways to reduce home energy consumption.
Batteries for storing solar energy for later use.
Funding Insights of PosiGen
PosiGen has successfully raised a total of $280.18M across 13 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $150 million completed in May 2024. 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 $280.18M
- Total Rounds 13
- Last Round Debt – Conventional — $150M
- First Round $40.18M
(Sep 2014)
- Investors Count 19
Latest 10 of 13 funding rounds of PosiGen 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 |
|---|---|---|---|---|---|
| May 2024 | $150M | Debt – Conventional | – | – | |
| Aug 2023 | $12M | Debt – Conventional | – | – | |
| Jan 2022 | $100M | Series E | – | Magnetar | |
| Apr 2021 | $27M | Series D | – | – | |
| Dec 2020 | $33M | Series D | – | The Builders Fund, Emerson Collective | – |
| Apr 2019 | $20M | Series C | – | GAF | – |
| Jan 2019 | $90M | Debt – Conventional | – | – | |
| Aug 2018 | $20M | Series B | – | – | – |
| Aug 2017 | $5M | Series B | – | Stonehenge Capital | – |
| Jun 2016 | $6M | Series B | – | – | – |
19 investors in total: 19 institutional.
Investors in PosiGen
PosiGen has secured backing from 19 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, ImpactAssets and Brookfield Asset Management.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Focus is placed on real estate and renewable energy investments. | 1899 | brookfield.com | Toronto, Canada | |
Magnetar Capital is engaged in alternative asset management. | magnetar.com | Evanston, United States | ||
Builders Fund is focused on impact-driven investments for sustainability. | thebuildersfund.com | San Francisco, USA | ||
Impact venture capital is invested in early-stage US companies. | sjfventures.com | Durham, United States | ||
Investments are directed toward clean energy, mobility, and industry sectors. | activatecap.com | San Francisco, United States | ||
US private equity investments are managed by Stonehenge Capital. | stonehengecapital.com | Baton Rouge, United States | ||
Private equity investments in the US are managed by NewWorld. | newworldcapital.net | New York, United States | ||
Early-stage energy startups are invested in by Constellation Technology Ventures. | technologyventures.constellation.com | Baltimore, United States | ||
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Impact investing funds are managed to support mission-driven enterprises. | 2010 | impactassets.org | Bethesda, United States |
Investor details for PosiGen
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of PosiGen
34 people are tracked at PosiGen (21 in leadership, 1 in board & advisors, 12 in team).
| Name | Role | Group |
|---|---|---|
Skelly McCay | VP & Deputy General Counsel | Leadership |
Addison P. Berry | Director, REC Trading | Leadership |
Dan Black | Chief Legal Officer | Leadership |
Kevin Singh | VP, Corporate Operations | Leadership |
Stephen Spengler | Director Solar Shingle Operations | Leadership |
Sean McPherson | VP Product Engineering | Leadership |
David Jaben | Director, Capital Markets | Leadership |
Karim Hemani | Senior Vice President, Capital Markets | Leadership |
Sarah Wells | Chief Financial Officer | Leadership |
Travis Harris | SR Manager Human Resources Business Partner | Leadership |
Paul Petitto | Director Of Engineering | Leadership |
Dale Derischebourg | SVP & General Manager | Leadership |
Steven Janke | Director Of Asset Monitoring And Analytics | Leadership |
Monica Posada | Director Of Legal Operations | Leadership |
Glynn Woodall | Director Of Operations | Leadership |
Fuad Khokhar | Director Of Operations | Leadership |
Brandy Mulherin | Vice President HR Operations & Business Partnering | Leadership |
John Truschinger | Chief Administrative Officer | Leadership |
Ken Williams | Director | Leadership |
Tally Koren | Director Of Compliance | Leadership |
14 more people are available in the full profile.
Complete people profiles for PosiGen
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Investments & Acquisitions by PosiGen
PosiGen has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include New England Conservation Services.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
LED lighting products are supplied for energy conservation efforts. | neconserves.com | Wallingford, United States | 2008 | Oct 2022 | •••• |
Complete acquisition details for PosiGen
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
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Timeline of PosiGen
4 dated milestones of PosiGen across 13 years, from founding to its latest funding, stage changes and deals.
- Founded PosiGen is founded.
- Funding First funding round of $40.2M.
- Acquisition Acquires New England Conservation Services.
- Funding Latest funding round, Debt – Conventional, of $150.0M.
Competitors of PosiGen
PosiGen has 3 listed competitors in our database, 3 of them funded. They include SolarCity, Sunnova and Sunlight Financial.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| solarcity.com | 2006 | San Mateo, United States | $1.28B | Solar power systems are designed, financed, and installed for clients. | ||
| sunnova.com | 2010 | Houston, United States | $1.54B | 644 | Solar services are provided to residential and commercial customers. | |
| sunlightfinancial.com | 1988 | New York, United States | $260M | 195 | Loans for residential solar systems are financed for homeowners. |
Detailed competitors of PosiGen
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Web traffic of PosiGen
The website of PosiGen (posigen.com) receives about 12.2K visits a month.
- Monthly visits12.2K
▼ 34.4% vs previous month
Websites whose visitors overlap most with PosiGen. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| a1solarstore.com | 100% | #228,738 | View details | ||
| greenpowerenergy.com | 97% | 680.7K | #2,795,207 | View details | |
southern-energy.com | southern-energy.com | 93% | #2,359,346 | – | |
solaruniverse.com | solaruniverse.com | 92% | – | ||
entergy-neworleans.com | entergy-neworleans.com | 92% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 22 similar websites and full traffic analytics for PosiGen
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- 22 similar websites
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- Traffic by brand
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Related news about Posigen
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Frequently Asked Questions about PosiGen
PosiGen was founded in 2011 and raised its 1st funding round 3 years after it was founded.
PosiGen is headquartered in New York, United States. It is registered at New York, New York, United States.
PosiGen is a funded company, having raised a total of $280.18M across 13 funding rounds to date. The company's 1st funding round was a Series B of $6M, raised on Sep 2014.
PosiGen was founded in 2011 and is headquartered in New York, United States. Operations are focused on the renewable energy sector, where solar panel installations and related energy solutions are delivered to enterprise clients. Services encompass system design, implementation, and maintenance to support sustainable power generation. The company serves businesses across various industries, emphasizing efficient solar adoption in urban and regional markets.
PosiGen's top competitors include Sunnova, SolarCity and Sunlight Financial.
PosiGen offers Solar Panel Leasing, Energy Efficiency Audits, and Solar Battery.
PosiGen has made 1 acquisition, including New England Conservation Services.
PosiGen has 19 investors. Key investors include Goldman Sachs, ImpactAssets, Brookfield Asset Management, Irradiant, and Inclusive Prosperity Capital.
PosiGen operates through Posigen, Inc..