About PVcase
PVcase is a company based in Kaunas (Lithuania) founded in 2017 by Douglas Geist and David Trainavicius. PVcase has raised $123.52 million across 4 funding rounds from investors including European Union, Highland Europe and Elephant Elephant. PVcase has completed 1 acquisition, including Anderson Optimization. PVcase offers products and services including PVcase Prospect, PVcase Ground Mount, PVcase Roof Mount, and PVcase Yield. PVcase operates in a competitive market with competitors including Aurora Solar, OpenSolar, Solar Ladder, RatedPower and Solar monkey, among others.
- Headquarter Kaunas, Lithuania
- Founders Douglas Geist, David Trainavicius
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Sectors
Energy & Utilities
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
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Total Equity Funding
$123.52 M (USD)
in 4 rounds
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Latest Funding Round
$100 M (USD), Series B
Jul 17, 2023
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Investors
European Union
& 5 more
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Employee Count
Not available
- Investments & Acquisitions
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Products & Services of PVcase
PVcase offers a comprehensive portfolio of products and services, including PVcase Prospect, PVcase Ground Mount, PVcase Roof Mount, and PVcase Yield.
Automates parcel search and buildable area analysis for solar sites.
Plans and optimizes utility-scale solar PV systems efficiently.
Accelerates commercial rooftop solar design processes accurately.
Estimates photovoltaic power plant performance with precision.
People of PVcase
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Sales and Marketing
31 people
Software Development Team
19 people
Product Management Team
12 people
Human Resources and Administration
6 people
Leadership Team
5 people
Legal and Compliance
4 people
Finance and Accounting
3 people
Head Team
3 people
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Funding Insights of PVcase
PVcase has successfully raised a total of $123.52M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $100 million completed in July 2023. 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.
Investors in PVcase
PVcase has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, Highland Europe and Elephant Elephant.
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Growth-stage consumer and enterprise technology companies are funded.
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Venture capital firm dealing with enterprise software, consumer internet, and mobile markets.
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Venture capital is provided for climate software and sustainable innovations.
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Investor details for PVcase
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Investments & Acquisitions by PVcase
PVcase has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Anderson Optimization.
Investment portfolio details for PVcase
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- Portfolio identities
- Transaction dates
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- Investment values
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Software solutions for solar project development are provided.
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Complete acquisition details for PVcase
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Financial Statements - PVcase
Detailed financials for PVcase
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- Profit trends
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Pvcase Comparisons
Peer comparison for PVcase
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Competitors of PVcase
PVcase 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 Aurora Solar, OpenSolar, Solar Ladder, RatedPower and Solar monkey, among others.
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AI-powered software for solar design and sales is utilized.
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Solar design and sales are enabled via a cloud-based platform.
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Solar sales and design software solutions are provided.
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SaaS-driven solar sales and design software solutions are provided.
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Software for solar system design and yield calculation is provided.
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Detailed competitors of PVcase
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Latest news on Pvcase
Complete news archive for PVcase
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Frequently Asked Questions about PVcase
PVcase was founded in 2017 and raised its 1st funding round 1 year after it was founded.
PVcase is headquartered in Kaunas, Lithuania.
David Trainavicius is the current CEO of PVcase. They have also founded this company.
PVcase is a funded company, having raised a total of $123.52M across 4 funding rounds to date.
PVcase was founded in 2017 in Kaunas, Lithuania, as a provider of software for solar sales and design. Solutions are offered that automate 3D terrain modeling based on solar engineering principles. Key features include topographical PV layouts, material bill reports, custom single-axis tracking frames, and automated 3D cabling for topographical sites. Operations focus on the renewable energy sector, supporting solar project planning and execution globally.
PVcase's top competitors include Aurora Solar, OpenSolar and Angaza.
PVcase offers PVcase Prospect, PVcase Ground Mount, PVcase Roof Mount, and PVcase Yield.
PVcase has made 1 acquisition, including Anderson Optimization.
PVcase has 6 investors. Key investors include European Union, Highland Europe, Elephant Elephant, Energize Capital, and Contrarian Ventures.