Solarity

Las Condes, Chile Founded: 2014 • Age: 12 yrs Acquired By Brookfield Asset Management
Rooftop solar systems are designed and installed for residential customers.
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About Solarity

Solarity is a company based in Las Condes (Chile) founded in 2014 was acquired by Brookfield Asset Management in April 2022. It operates as a Green Energy-as-a-Service, and Pay-per-Use / Usage-Based. Solarity offers products and services including Solar Energy Solutions, Rooftop Solar Plants, Ground Solar Plants, Floating Solar Plants, and Carport Solar Plants. Solarity operates in a competitive market with competitors including Octopus Energy, NextEra Energy, Galp, Fortum and Sembcorp Industries, among others.

  • Headquarter Las Condes, Chile
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $25 M (USD), Debt – Conventional

    Mar 29, 2023

  • Investors
    Santander

    & 2 more

  • Employee Count
    Employee Count
  • Acquired by
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Products & Services of Solarity

Solarity offers a comprehensive portfolio of products and services, including Solar Energy Solutions, Rooftop Solar Plants, Ground Solar Plants, Floating Solar Plants, and Carport Solar Plants. 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.

Primary

Solar energy is provided to businesses without initial investment.

Rooftop solar plants are installed for energy cost reduction.

Ground solar plants are built for large-scale energy production.

Floating solar plants are pioneered for water surface usage.

Carport solar plants are designed for parking area sustainability.

People of Solarity
Headcount 50-200
Employee Profiles 6
Employee Profiles
People
Rodrigo Arias
Tech Leader
People
Horacio Melo
CEO & Co-founder
People
Jose Luis Carvallo
Chief Growth Officer & Co-founder

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Funding Insights of Solarity

  • Total Funding
  • Total Rounds 2
  • Last Round Debt – Conventional — $25.0M
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2023 Amount Debt – Conventional - Solarity Valuation

investors

Aug, 2017 Amount Seed - Solarity Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Solarity

Solarity has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Santander, Brookfield Asset Management and SCL Energía Activa. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Focus is placed on real estate and renewable energy investments.
Founded Year Domain Location
Commercial banking services are provided to individuals and institutions globally.
Founded Year Domain Location
Private equity investments are directed toward energy infrastructure projects.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Solarity

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Solarity

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Solarity Comparisons

Employees
+
Add Comparison
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Competitors of Solarity

Solarity 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 Octopus Energy, NextEra Energy, Galp, Fortum and Sembcorp Industries, 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
Utility bill management platform is provided for tracking and billing.
domain founded_year HQ Location
Developer of energy solutions
domain founded_year HQ Location
Oil and gas exploration, production, and distribution are conducted.
domain founded_year HQ Location
Clean energy solutions for generation, retail, and heating are provided.
domain founded_year HQ Location
Large-scale asset development and management are conducted globally.
domain founded_year HQ Location
Solar farms are owned, developed, and financed in the USA.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Solarity

Frequently Asked Questions about Solarity

When was Solarity founded?

Solarity was founded in 2014 and raised its 1st funding round 3 years after it was founded.

Where is Solarity located?

Solarity is headquartered in Las Condes, Chile. It is registered at Las Condes, Region Metropolitana De Santiago, Chile.

What does Solarity do?

Solar energy solutions are offered by Solarity to businesses across Chile, focusing on renewable energy without initial investment. Services include the construction, financing, operation, and maintenance of solar plants. Various installation types such as rooftop, ground, floating, and carport solar plants are provided, catering to diverse business needs. The company operates in the energy sector, specifically targeting solar energy to reduce carbon footprints and energy costs for enterprises. High standards of safety and quality are maintained, ensuring efficiency and durability of solar systems. Collaboration with major companies in Chile is emphasized, supporting sustainability goals through innovative solar technology.

Who are the top competitors of Solarity?

Solarity's top competitors include Octopus Energy, NextEra Energy and Neoen.

What products or services does Solarity offer?

Solarity offers Solar Energy Solutions, Rooftop Solar Plants, Ground Solar Plants, Floating Solar Plants, and Carport Solar Plants.

Who are Solarity's investors?

Solarity has 3 investors. Key investors include Santander, Brookfield Asset Management, and SCL Energía Activa.

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