Solmetric

Sebastopol, United States Founded: 2005 • Age: 21 yrs Acquired By Fluke
Develops tools for solar project development

About Solmetric

Solmetric is an Energy & Utilities company based in Sebastopol (United States) founded in 2005, and was acquired by Fluke in September 2023. It develops tools for solar project development. 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. Its focus areas include Energy, Solar Energy, Project Development Services and Pre Installation. Its legal entity is SOLMETRIC CORP. Its competitors include Enel X, Origis Energy and Hillman Group; 2 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Sebastopol, United States
  • Stage Acquired
  • Sectors
    Energy & Utilities
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website solmetric.com
  • Social LinkedIn X Facebook
  • Acquired by Fluke (Sep 2023)
  • Legal Name Solmetric Corp
Key Metrics
  • Total Equity Funding
    $504.01K (USD)

    in 2 rounds

  • Latest Funding Round
    $189.01K (USD), Seed

    Mar 2011

  • Investors
  • Acquired by
    Fluke

    (Sep 2023)

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.

I-V Curve Tracers
Solar Measurement

Tool for testing solar module performance and efficiency

PV Analyzer
Solar Analysis

Device for commissioning and troubleshooting solar systems

Shade Tools
Solar Assessment

Tools for evaluating site shading and solar potential

Module Lift
Solar Installation

Equipment for safe module transportation to roofs

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 $504,009
  • Total Rounds 2
  • Last Round Seed β€” $189,009
  • First Round $315,000

    (Mar 2010)

All 2 funding rounds of Solmetric with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2011$189,009Seed––
–
Mar 2010$315,000Seed––
–
Valuation history

1 investors in total: 1 institutional.

Investors in Solmetric

Solmetric has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Fluke Corporation.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Electronic test and measurement instruments are manufactured by Fluke.
1948fluke.comSeattle, United States
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Investor details for Solmetric

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  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of Solmetric

1 people are tracked at Solmetric (1 in leadership).

NameRoleGroup
Mark Galli
Vice President Software DevelopmentLeadership
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Complete people profiles for Solmetric

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  • Team structure
  • Board tenure
  • Professional contacts

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Timeline of Solmetric

4 dated milestones of Solmetric across 18 years, from founding to its latest funding, stage changes and deals.

  1. Founded Solmetric is founded.
  2. Funding First funding round of $315K.
  3. Funding Latest funding round, Seed, of $189K.
  4. Exit Acquired by Fluke.

Competitors of Solmetric

Solmetric has 3 listed competitors in our database, 2 of them funded. They include Enel X, Origis Energy and Hillman Group.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
enelx.com2001Boston, United States$168M513
Utility-scale renewable energy projects are developed by Enel X.
origisenergy.com2008Miami, United States$149M
Utility-scale and commercial solar projects are developed worldwide.
hillmangroup.com1964Cincinnati, United States3,324
Hardware and home improvement products are supplied to retail markets.
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Detailed competitors of Solmetric

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Solmetric

The website of Solmetric (solmetric.com) receives about 4.1K visits a month.

  • Monthly visits
    4.1K

    ▲ 39.8% vs previous month

Similar websites

Websites whose visitors overlap most with Solmetric. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
solarpathfinder.com
solarpathfinder.com
100%
–
solarprofessional.com
solarprofessional.com
85%
–
enphase.com
64%
569K#91,206View details
snapnrack.com
62%
9K#2,375,394View details
dpwsolar.com
dpwsolar.com
60%
–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 10 similar websites and full traffic analytics for Solmetric

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 10 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in Renewable & Sustainable Energy

3 companies that operate in the same segment as Solmetric (Renewable & Sustainable Energy) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Utility-scale renewable energy projects are developed by Enel X.
2001Boston, Massachusetts, United StatesUSD 168.67 M
Sustainable energy solutions are developed and operated worldwide.
2000Chicago, Illinois, United StatesUSD 575 M1,276
Solar energy services are provided to residential customers nationwide.
2007San Francisco, California, United StatesUSD 296.98 MUSD 2.96 B11,060
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Frequently Asked Questions about Solmetric

Solmetric was founded in 2005 and raised its 1st funding round 5 years after it was founded.

Solmetric is headquartered in Sebastopol, United States. It is registered at Sebastopol, California, United States.

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 2010.

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.

Solmetric's top competitors include Enel X, Origis Energy and Hillman Group.

Solmetric offers I-V Curve Tracers, PV Analyzer, Shade Tools, and Module Lift.

Solmetric has 1 investor. Key investors include Fluke Corporation.

Solmetric operates through Solmetric Corp.

Yes. Solmetric was acquired by Fluke in September 2023.

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