About Solmetric
Solmetric is a company based in Sebastopol (United States) founded in 2005 was acquired by Fluke in September 2023.. Solmetric has raised $504.01 thousand across 2 funding rounds from investors including Fluke Corporation. Solmetric offers products and services including I-V Curve Tracers, PV Analyzer, Shade Tools, and Module Lift. Solmetric operates in a competitive market with competitors including Enel X, Origis Energy, SPIE, Fourth Partner Energy and TotalEnergies, among others.
- Headquarter Sebastopol, United States
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Solmetric Corp
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$504.01 K (USD)
in 2 rounds
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Latest Funding Round
$189.01 K (USD), Seed
Mar 24, 2011
- Investors
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Employee Count
Employee Count
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Acquired by
Fluke
(Sep 12, 2023)
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Products & Services of Solmetric
Solmetric offers a comprehensive portfolio of products and services, including I-V Curve Tracers, PV Analyzer, Shade Tools, and Module Lift. 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.
Tool for testing solar module performance and efficiency
Device for commissioning and troubleshooting solar systems
Tools for evaluating site shading and solar potential
Equipment for safe module transportation to roofs
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Funding Insights of Solmetric
Solmetric has successfully raised a total of $504.01K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $189.01 thousand completed in March 2011. 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 2
- Last Round Seed — $189,009
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First Round
First Round
(19 Mar 2010)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2011 | Amount | Seed - Solmetric | Valuation |
investors |
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| Mar, 2010 | Amount | Seed - Solmetric | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Solmetric
Solmetric has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Fluke Corporation. 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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Electronic test and measurement instruments are manufactured by Fluke.
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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 Solmetric
| 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 - Solmetric
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Solmetric Comparisons
Competitors of Solmetric
Solmetric 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 Enel X, Origis Energy, SPIE, Fourth Partner Energy and TotalEnergies, 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 |
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| domain | founded_year | HQ Location |
Utility-scale renewable energy projects are developed by Enel X.
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| domain | founded_year | HQ Location |
Utility-scale and commercial solar projects are developed worldwide.
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| domain | founded_year | HQ Location |
SPIE is recognized as a leading European provider of multi-technical services in energy and communications.
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| domain | founded_year | HQ Location |
On-grid and off-grid solar solutions and products are provided.
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| domain | founded_year | HQ Location |
TotalEnergies is engaged in producing and marketing multi-energy solutions.
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| domain | founded_year | HQ Location |
Hardware and home improvement products are supplied to retail markets.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Solmetric
When was Solmetric founded?
Solmetric was founded in 2005 and raised its 1st funding round 5 years after it was founded.
Where is Solmetric located?
Solmetric is headquartered in Sebastopol, United States. It is registered at Sebastopol, California, United States.
Is Solmetric a funded company?
Solmetric is a funded company, having raised a total of $504.01K across 2 funding rounds to date. The company's 1st funding round was a Seed of $315K, raised on Mar 19, 2010.
What does Solmetric do?
Solmetric was founded in 2005 and is headquartered in Sebastopol, United States. Tools are developed for solar project development within the renewable energy sector. The SunEye PV analyzer is provided as a primary I-V curve tracer in the US market. Field verification applications, including commissioning, auditing, and troubleshooting of PV arrays, are supported through these tools. Operations focus on hardware solutions for photovoltaic system assessment.
Who are the top competitors of Solmetric?
Solmetric's top competitors include Enel X, Fourth Partner Energy and TotalEnergies.
What products or services does Solmetric offer?
Solmetric offers I-V Curve Tracers, PV Analyzer, Shade Tools, and Module Lift.
Who are Solmetric's investors?
Solmetric has 1 investor. Key investors include Fluke Corporation.