About Solais Lighting
Solais Lighting is a company based in Stamford (United States) founded in 2008 was acquired by PowerSecure in April 2013.. Solais Lighting has raised $11.76 million across 5 funding rounds from investors including PowerSecure, FreshTracks Capital and LRVHealth. Solais Lighting offers products and services including Trackheads, Downlights, Pendants, and Exterior Fixtures. Solais Lighting operates in a competitive market with competitors including Particle, Landis+Gyr, Span.IO, Resideo and AwoX, among others.
- Headquarter Stamford, United States
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Sectors
Business ServicesEnergy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Solais Lighting, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11.76 M (USD)
in 5 rounds
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Latest Funding Round
$5.33 M (USD), Series A
Jan 13, 2020
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Investors
PowerSecure
& 2 more
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Employee Count
Employee Count
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Acquired by
PowerSecure
(Apr 15, 2013)
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Products & Services of Solais Lighting
Solais Lighting offers a comprehensive portfolio of products and services, including Trackheads, Downlights, Pendants, and Exterior Fixtures. 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.
Fixtures for track and accent lighting systems.
Recessed options for interior illumination needs.
Surface mount lights for decorative applications.
Durable lights for site and area illumination.
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Funding Insights of Solais Lighting
Solais Lighting has successfully raised a total of $11.76M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $5.33 million completed in January 2020. 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 5
- Last Round Series A — $5.3M
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First Round
First Round
(09 Dec 2009)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2020 | Amount | Series A - Solais Lighting | Valuation |
investors |
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| Nov, 2011 | Amount | Series B - Solais Lighting | Valuation |
investors |
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| Nov, 2011 | Amount | Series A - Solais Lighting | Valuation |
investors |
| 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 Solais Lighting
Solais Lighting has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include PowerSecure, FreshTracks Capital and LRVHealth. 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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Early-stage venture capital funding is provided by FreshTracks Capital.
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Founded Year | Domain | Location | |
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Early stage venture capital firm investing in the US
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Founded Year | Domain | Location | |
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Energy efficiency and smart grid management solutions
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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 Solais Lighting
| 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 - Solais Lighting
| 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 |
Solais Lighting Comparisons
Competitors of Solais Lighting
Solais Lighting 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 Particle, Landis+Gyr, Span.IO, Resideo and AwoX, 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 |
IoT connectivity platform from prototype to production is developed.
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| domain | founded_year | HQ Location |
End-to-end energy management solutions are provided for utilities worldwide.
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| domain | founded_year | HQ Location |
Smart panels for home energy management are provided by Span.IO.
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| domain | founded_year | HQ Location |
Smart home products for security and energy efficiency are provided.
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| domain | founded_year | HQ Location |
Wifi-enabled smart home appliances are provided by AwoX.
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| domain | founded_year | HQ Location |
Energy efficiency programs are designed for utilities and municipalities.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Solais Lighting
When was Solais Lighting founded?
Solais Lighting was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Where is Solais Lighting located?
Solais Lighting is headquartered in Stamford, United States. It is registered at Stamford, Connecticut, United States.
Is Solais Lighting a funded company?
Solais Lighting is a funded company, having raised a total of $11.76M across 5 funding rounds to date. The company's 1st funding round was a Series A of $1.75M, raised on Dec 09, 2009.
What does Solais Lighting do?
Manufacturer of smart LED lighting products. Their proprietary technology features Luxiance thermal management and technology which enhances the performance compared to normal LED lighting products. Offers products under two brands SOLARIS which includes track lights, linear wall fixtures, recessed downlights, LED lamps, track systems, and others, and ENERGYLITE which includes roadway lighting, floodlighting, security lighting, billboard lighting, and others. The products are integrated with dimming features and different types of sensors. Solais LED products are used in retail, commercial, museum, and hospitality environments.
Who are the top competitors of Solais Lighting?
Solais Lighting's top competitors include Particle, Landis+Gyr and Span.IO.
What products or services does Solais Lighting offer?
Solais Lighting offers Trackheads, Downlights, Pendants, and Exterior Fixtures.
Who are Solais Lighting's investors?
Solais Lighting has 3 investors. Key investors include PowerSecure, FreshTracks Capital, and LRVHealth.
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