About SolarWorks
SolarWorks is an Energy & Utilities company based in Cape Town (South Africa) founded in 2007 by Bernard Hulshof and Arnoud Vroomen. Pay-as-you-go solar systems are manufactured for off-grid households. SolarWorks has raised $2.3 million across 2 funding rounds from investors including EDP Renewables, SunFunder and MFX Solutions. Its chief executive, as recorded, is Arnoud Vroomen. Its focus areas include Energy, Solar Energy, Solar-as-a-service and Full-end Services.
Company details
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.
- Headquarters Cape Town, South Africa
- Founders Bernard Hulshof, Arnoud Vroomen
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website solar-works.co.za
- Total Equity Funding$2.3M (USD)
in 2 rounds
- Latest Funding Round$2M (USD), Debt – Conventional
Jan 2019
- InvestorsEDP Renewables
& 3 more
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.
- Total Funding $2.3M
- Total Rounds 2
- Last Round Debt – Conventional — $2M
- First Round $2.3M
(Oct 2018)
- Investors Count 4
All 2 funding rounds of SolarWorks with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2019 | $2M | Debt – Conventional | – | – | |
| Oct 2018 | $2.3M | Series A | – | EDP Renewables |
4 investors in total: 4 institutional.
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 |
|---|---|---|---|---|
Africa's climate venture builder focused on sustainable impact. | 2012 | persistent.energy | Nairobi, Kenya | |
Capital is aggregated online for financing solar projects worldwide. | 2012 | sunfunder.com | San Francisco, United States | |
Currency risk hedging tools are provided for microfinance lenders. | 2009 | mfxsolutions.com | ||
Generation of wind power | 2007 | edpr.com | Madrid, Spain |
Investor details for SolarWorks
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of SolarWorks
2 people are tracked at SolarWorks (2 in leadership).
| Name | Role | Group |
|---|---|---|
Bernard Hulshof | Co-Founder | Leadership |
Arnoud Vroomen | Co-Founder & CEO | Leadership |
Complete people profiles for SolarWorks
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of SolarWorks
3 dated milestones of SolarWorks across 12 years, from founding to its latest funding, stage changes and deals.
- Founded SolarWorks is founded.
- Funding First funding round of $2.3M.
- Funding Latest funding round, Debt – Conventional, of $2.0M.
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Related news about 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 CEO of SolarWorks, as recorded in our data. They have also founded this company.
SolarWorks is a funded company, having raised a total of $2.3M across 2 funding rounds to date. The company's 1st funding round was a Series A of $2.3M, raised on Oct 2018.
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.