About SolarCity
SolarCity is a company based in San Mateo (United States) founded in 2006 was acquired by Tesla in July 2016. SolarCity has raised $1.28 billion across 27 funding rounds from investors including Google, Citi and Tesla. SolarCity has completed 4 acquisitions, including Building Solutions, Paramount Solar and Silevo. SolarCity operates in a competitive market with competitors including Sunrun, Sunnova, SunPower, Vivint Solar and SolarSquare, among others.
- Headquarter San Mateo, United States
- Stage Public
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Sectors
Energy & Utilities
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Solarcity Corp
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Annual Revenue
$730.34 M (USD)83as on Dec 31, 2016
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Net Profit
$238.77 M (USD)509as on Dec 31, 2016
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EBITDA
-$650.34 M (USD)0as on Dec 31, 2016
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Total Equity Funding
$1.28 B (USD)
in 27 rounds
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Latest Funding Round
$305 M (USD), Post-IPO
Sep 12, 2016
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Investors
Google
& 18 more
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Employee Count
Not available
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Investments & Acquisitions
Building Solutions
& 3 more
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Acquired by
Tesla
(Jul 22, 2016)
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People of SolarCity
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Funding Insights of SolarCity
SolarCity has successfully raised a total of $1.28B across 27 strategic funding rounds. The most recent funding activity was a Post-IPO round of $305 million completed in September 2016. 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 SolarCity
SolarCity has secured backing from 19 investors, including institutional and venture fund investors. Prominent investors backing the company include Google, Citi and Tesla.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Technology investing and private equity firm focused on partnerships.
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Locked | Locked | Locked | |
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Investments are directed toward innovative technology startups by DFJ Growth.
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Locked | Locked | Locked | |
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A sustainable initiative for Hawai‘i’s resilience is supported.
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Locked | Locked | Locked |
Investor details for SolarCity
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Investments & Acquisitions by SolarCity
SolarCity has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Building Solutions, Paramount Solar and Silevo.
Investment portfolio details for SolarCity
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Distributor of building material
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Locked | Locked | 2010 | Locked | |
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Developer of solar energy projects
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Locked | Locked | 2009 | Locked | |
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Integrated PV mounting systems are provided for solar module integration.
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Locked | Locked | 2009 | Locked |
Complete acquisition details for SolarCity
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Financial Statements - SolarCity
Detailed financials for SolarCity
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Solarcity Comparisons
Peer comparison for SolarCity
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Competitors of SolarCity
SolarCity 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 Sunrun, Sunnova, SunPower, Vivint Solar and SolarSquare, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Solar energy services are provided to residential customers nationwide.
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| Locked | Locked | Locked |
Solar services are provided to residential and commercial customers.
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| Locked | Locked | Locked |
Silicon-based solar PV modules are manufactured for diverse applications.
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| Locked | Locked | Locked |
Provider of solar installation and designing services for residential
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| Locked | Locked | Locked |
Provider of solar panel installation services
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Detailed competitors of SolarCity
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Latest news on Solarcity
Complete news archive for SolarCity
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Frequently Asked Questions about SolarCity
SolarCity was founded in 2006.
SolarCity is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.
SolarCity is a funded company, having raised a total of $1.28B across 27 funding rounds to date.
Annual revenue of SolarCity is $730.34M as on Dec 31, 2016.
SolarCity was founded in 2006 in San Mateo, United States, within the renewable energy sector. Solar power systems are designed, financed, installed, and monitored, alongside energy efficiency services, for homeowners, businesses, and government entities. Operations span Arizona, California, Colorado, Hawaii, Maryland, Massachusetts, New Jersey, New York, Oregon, Pennsylvania, Texas, and Washington D.C.
SolarCity has made 4 acquisitions, including Building Solutions, Paramount Solar, and Silevo.
SolarCity has 19 investors. Key investors include Google, Citi, Tesla, Deutsche Bank, and First Solar.