About Sol Clarity
Sol Clarity is a company based in Somerville (United States) founded in 2020 by Ryan S Eriksen and Annie Rabi Bernard.. Sol Clarity has raised $1.32 million across 2 funding rounds from investors including Equinor and Techstars. Sol Clarity offers products and services including Electrodynamic Screen (EDS). Sol Clarity operates in a competitive market with competitors including PvNanoCell, Phytonics, Enki Tech, Brisbane Materials and WattGlass, among others.
- Headquarter Somerville, United States
- Founders Ryan S Eriksen, Annie Rabi Bernard
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Sol Clarity, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.32 M (USD)
in 2 rounds
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Latest Funding Round
$920 K (USD), Seed
Nov 11, 2022
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Investors
Equinor
& 1 more
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Employee Count
Employee Count
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Products & Services of Sol Clarity
Sol Clarity offers a comprehensive portfolio of products and services, including Electrodynamic Screen (EDS). 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.
Automated system to remove dust from solar panels and boost energy yield.
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Funding Insights of Sol Clarity
Sol Clarity has successfully raised a total of $1.32M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $920 thousand completed in November 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 Total Funding
- Total Rounds 2
- Last Round Seed — $920,000
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First Round
First Round
(10 Aug 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Seed - Sol Clarity | Valuation | Equinor , Techstars |
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| Aug, 2022 | Amount | Seed - Sol Clarity | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Sol Clarity
Sol Clarity has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Equinor and Techstars. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Startups are accelerated globally without sector restrictions through structured programs.
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Founded Year | Domain | Location | |
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Petroleum, natural gas, petrochemicals, and electrical power are produced globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Sol Clarity
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Sol Clarity
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sol Clarity Comparisons
Competitors of Sol Clarity
Sol Clarity 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 PvNanoCell, Phytonics, Enki Tech, Brisbane Materials and WattGlass, 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 |
Makes conductive ink for cell manufacturing
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| domain | founded_year | HQ Location |
Phytonics offers anti-glare foils for solar panels to minimize reflections and enhance safety.
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| domain | founded_year | HQ Location |
Coatings for PV module glass are developed and marketed.
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| domain | founded_year | HQ Location |
Creates innovative materials for solar power and lighting solutions.
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| domain | founded_year | HQ Location |
Proprietary nanoparticle-based antireflection coatings for glass are supplied.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Sol Clarity
When was Sol Clarity founded?
Sol Clarity was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Sol Clarity located?
Sol Clarity is headquartered in Somerville, United States. It is registered at Somerville, Massachusetts, United States.
Is Sol Clarity a funded company?
Sol Clarity is a funded company, having raised a total of $1.32M across 2 funding rounds to date. The company's 1st funding round was a Seed of $400K, raised on Aug 10, 2022.
What does Sol Clarity do?
Sol Clarity was founded in 2020 and is based in Somerville, United States. Self-cleaning electrodynamic screens are offered by the company within the solar energy sector. These screens are designed to remove dust from solar panels, thereby improving energy output. Operations focus on developing and providing this technology to enhance panel efficiency in various geographic locations.
Who are the top competitors of Sol Clarity?
Sol Clarity's top competitors include PvNanoCell, Enki Tech and WattGlass.
What products or services does Sol Clarity offer?
Sol Clarity offers Electrodynamic Screen (EDS).