About SolarWorks
SolarWorks is a company based in Cape Town (South Africa) founded in 2007 by Bernard Hulshof and Arnoud Vroomen. SolarWorks has raised $2.3 million across 2 funding rounds from investors including EDP Renewables, SunFunder and MFX Solutions. SolarWorks operates in a competitive market with competitors including SolarCity, Sunrun, SunPower, Sunnova and Vivint Solar, among others.
- Headquarter Cape Town, South Africa
- Founders Bernard Hulshof, Arnoud Vroomen
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Sectors
Energy & Utilities
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Email
Locked
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Phone
Locked
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Website
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$2.3 M (USD)
in 2 rounds
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Latest Funding Round
$2 M (USD), Debt – Conventional
Jan 17, 2019
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Investors
EDP Renewables
& 3 more
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Employee Count
Not available
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Funding Insights of SolarWorks
SolarWorks has successfully raised a total of $2.3M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $2 million completed in January 2019. 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 SolarWorks
SolarWorks has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include EDP Renewables, SunFunder and MFX Solutions.
| Investor | Description | Founded Year | Domain | Location |
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Africa's climate venture builder focused on sustainable impact.
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Capital is aggregated online for financing solar projects worldwide.
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Currency risk hedging tools are provided for microfinance lenders.
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Locked | Locked | Locked |
Investor details for SolarWorks
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Investments & Acquisitions by SolarWorks
Investment portfolio details for SolarWorks
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Financial Statements - SolarWorks
Detailed financials for SolarWorks
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Solarworks Comparisons
Peer comparison for SolarWorks
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Competitors of SolarWorks
SolarWorks 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 SolarCity, Sunrun, SunPower, Sunnova and Vivint Solar, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Solar power systems are designed, financed, and installed for clients.
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Solar energy services are provided to residential customers nationwide.
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| Locked | Locked | Locked |
Silicon-based solar PV modules are manufactured for diverse applications.
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| Locked | Locked | Locked |
Solar services are provided to residential and commercial customers.
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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 SolarWorks
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Solarworks
Complete news archive for SolarWorks
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Frequently Asked Questions about SolarWorks
SolarWorks was founded in 2007 and raised its 1st funding round 11 years after it was founded.
SolarWorks is headquartered in Cape Town, South Africa. It is registered at Cape Town, Western Cape, South Africa.
Arnoud Vroomen is the current CEO of SolarWorks. They have also founded this company.
SolarWorks is a funded company, having raised a total of $2.3M across 2 funding rounds to date.
SolarWorks was established in 2007 as a pay-as-you-go solar energy provider, with operations centered in Mozambique and a product development unit in the Netherlands. Solar home systems, power boxes, lights, and accessories such as inverters and anti-theft kits are developed, manufactured, and distributed to rural and peri-urban off-grid households and small businesses across Southern Africa. Mobile technology is utilized for automated transactions and data collection on power consumption.
SolarWorks has 4 investors. Key investors include EDP Renewables, SunFunder, MFX Solutions, and Persistent.