About Solarus
Solarus is a company based in Venlo (Netherlands) founded in 2006. It operates as a Green Energy-as-a-Service, and Professional Services. Solarus has raised $31.48 million across 4 funding rounds from investors including Bessemer Venture Partners, Symbid and ForestEffect Fund. Solarus offers products and services including Hot Water Solution, EPC Services, Asset Management, and SPV/Financing. Solarus operates in a competitive market with competitors including Abora, EchoFirst, IM Efficiency, SunOyster and REhnu, among others.
- Headquarter Venlo, Netherlands
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Solarus Smart Energy Solutions Bv
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$31.48 M (USD)
in 4 rounds
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Latest Funding Round
$7.91 M (USD), Series B
Aug 15, 2017
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Investors
Bessemer Venture Partners
& 8 more
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Employee Count
Employee Count
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Products & Services of Solarus
Solarus offers a comprehensive portfolio of products and services, including Hot Water Solution, EPC Services, Asset Management, and SPV/Financing. 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.
Integrated hot water systems are provided for businesses.
Engineering and construction services are offered for energy projects.
Management of energy assets is handled for clients.
Financing solutions for energy projects are facilitated by Solarus.
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Funding Insights of Solarus
Solarus has successfully raised a total of $31.48M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $7.91 million completed in August 2017. 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 4
- Last Round Series B — $7.9M
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First Round
First Round
(09 Apr 2008)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2017 | Amount | Series B - Solarus | Valuation | ForestEffect Fund | |
| Nov, 2016 | Amount | Series A - Solarus | Valuation | NASA Holding , Catena Investments |
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| Nov, 2009 | Amount | Seed - Solarus | Valuation | Sting |
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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 Solarus
Solarus has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Bessemer Venture Partners, Symbid and ForestEffect Fund. 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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Catena Investments is focused on energy transition and tokenized finance.
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Founded Year | Domain | Location | |
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Sting is recognized as a leading startup accelerator in the Nordics.
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Founded Year | Domain | Location | |
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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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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 Solarus
| 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 - Solarus
| 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 |
Solarus Comparisons
Competitors of Solarus
Solarus 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 Abora, EchoFirst, IM Efficiency, SunOyster and REhnu, 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 |
Manufacturer of hybrid solar panels
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| domain | founded_year | HQ Location |
Hybrid solar systems combining PV and thermal technologies are developed.
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| domain | founded_year | HQ Location |
Solar panels for trucks are manufactured by IM Efficiency.
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| domain | founded_year | HQ Location |
Dual-axis tracking PV-T solar systems are developed and provided.
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| domain | founded_year | HQ Location |
TPV technology developer with option to harvest both power and thermal heat
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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 Solarus
When was Solarus founded?
Solarus was founded in 2006 and raised its 1st funding round 2 years after it was founded.
Where is Solarus located?
Solarus is headquartered in Venlo, Netherlands. It is registered at Venlo, Limburg, Netherlands.
Who is the current CEO of Solarus?
Leen Zevenbergen is the current CEO of Solarus.
Is Solarus a funded company?
Solarus is a funded company, having raised a total of $31.48M across 4 funding rounds to date. The company's 1st funding round was a Seed of $291.05K, raised on Apr 09, 2008.
What does Solarus do?
Integrated sustainable hot water and energy solutions are delivered by Solarus, focusing on businesses with high water and energy demands such as hotels, hospitals, and factories. Renewable energy technologies, including hybrid solar panels, are utilized to maximize efficiency and reduce CO2 emissions. Services span engineering, procurement, construction, asset management, and financing. Sectors served include hospitality, healthcare, food processing, and breweries. Solutions are designed to lower energy costs and support a transition to zero-energy bills for hot water through innovative solar energy systems.
Who are the top competitors of Solarus?
What products or services does Solarus offer?
Solarus offers Hot Water Solution, EPC Services, Asset Management, and SPV/Financing.
Who are Solarus's investors?
Solarus has 9 investors. Key investors include Bessemer Venture Partners, Symbid, ForestEffect Fund, Catena Investments, and Ponzio.