About Project Solar
Project Solar is an Energy & Utilities company based in Lehi (United States) founded in 2020 by Matthew Smith and Trevor Hiltbrand. AI-based platform for solar design and simulation. Project Solar has raised $23 million across 3 funding rounds from investors including Left Lane Capital and Frazier Group. Its chief executive, as recorded, is Trevor Hiltbrand. Its website projectsolar.com draws about 19 thousand monthly visits. Project Solar offers products and services including Full Service Install, DIY Kit, and Lease-to-Own. Its focus areas include Energy Tech, Renewable Energy Tech, Solar Energy and Solar Energy Savings Estimates. Its legal entity is PROJECT SOLAR, INC.
Company details
Project Solar was founded in 2020 and is headquartered in Lehi, United States. An AI-based platform is operated to analyze roof and energy data, enabling the generation of customized solar proposals. Services focus on the renewable energy sector, supporting design and simulation processes for solar installations. Operations are centered on technology-driven solutions for efficient solar project planning.
- Headquarters Lehi, United States
- Founders Matthew Smith, Trevor Hiltbrand
- SectorsEnergy & Utilities
- Email••••••••
- Website projectsolar.com
- Social LinkedIn Facebook Instagram
- Legal Name Project Solar, Inc.
- Total Equity Funding$23M (USD)
in 3 rounds
- Latest Funding Round$23M (USD), Series A
Jun 2022
- InvestorsLeft Lane Capital
& 1 more
Products & Services of Project Solar
Project Solar offers a comprehensive portfolio of products and services, including Full Service Install, DIY Kit, and Lease-to-Own.
Professional turnkey solar system setup with equipment and warranties.
Self-install solar panels with permits, engineering, and support included.
No upfront payment plan for solar with fixed costs and buy option.
Funding Insights of Project Solar
Project Solar has successfully raised a total of $23M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $23 million completed in June 2022. 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 $23M
- Total Rounds 3
- Last Round Series A — $23M
- Investors Count 2
All 3 funding rounds of Project Solar 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 |
|---|---|---|---|---|---|
| Jun 2022 | $23M | Series A | – | Left Lane | – |
| Oct 2021 | Series A | – | – | ||
| Jul 2021 | Series A | – | – |
2 investors in total: 2 institutional.
Investors in Project Solar
Project Solar has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Left Lane Capital and Frazier Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are directed toward high-growth consumer and internet technology companies. | leftlane.com | Brooklyn, United States | ||
| frazier.vc |
Investor details for Project Solar
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
Verified entity values are shown only after access is granted.
People of Project Solar
2 people are tracked at Project Solar (2 in leadership).
| Name | Role | Group |
|---|---|---|
Matthew Smith | Co-Founder | Leadership |
Trevor Hiltbrand | Co-Founder & CEO | Leadership |
Complete people profiles for Project Solar
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Project Solar
3 dated milestones of Project Solar across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Project Solar is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $23.0M.
Web traffic of Project Solar
The website of Project Solar (projectsolar.com) receives about 19.1K visits a month.
- Monthly visits19.1K
Websites whose visitors overlap most with Project Solar. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| sunvalleysolar.com | 100% | 680.7K | #2,165,269 | View details | |
gopowersolar.com | gopowersolar.com | 93% | #1,308,507 | – | |
| sunwatts.com | 92% | 680.7K | #595,310 | View details | |
| sunrun.com | 91% | 656K | #70,868 | View details | |
offgridsource.com | offgridsource.com | 90% | #937,412 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 22 similar websites and full traffic analytics for Project Solar
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 22 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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 Project Solar (Renewable Energy Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Silicon-based solar PV modules are manufactured for diverse applications. | 1985 | San Jose, California, United States | USD 171.73 M | USD 300 M | 600 | |
Solar panel tracking software is provided for monitoring and control. | 2013 | Fremont, California, United States | USD 42.63 M | USD 3.56 B | 1,300 | |
Iron-air energy storage systems are developed for renewable energy projects. | 2009 | Somerville, Massachusetts, United States | USD 2 B | 902 |
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Frequently Asked Questions about Project Solar
Project Solar was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Project Solar is headquartered in Lehi, United States. It is registered at Lehi, Utah, United States.
Trevor Hiltbrand is the CEO of Project Solar, as recorded in our data. They have also founded this company.
Project Solar is a funded company, having raised a total of $23M across 3 funding rounds to date.
Project Solar was founded in 2020 and is headquartered in Lehi, United States. An AI-based platform is operated to analyze roof and energy data, enabling the generation of customized solar proposals. Services focus on the renewable energy sector, supporting design and simulation processes for solar installations. Operations are centered on technology-driven solutions for efficient solar project planning.
Project Solar offers Full Service Install, DIY Kit, and Lease-to-Own.
Project Solar has 2 investors. Key investors include Left Lane Capital, and Frazier Group.
Project Solar operates through Project Solar, Inc..