SolMicroGrid

Alpharetta, United States Founded: 2019 • Age: 7 yrs
Operator of microgrids to provide electricity to off-grid areas
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About SolMicroGrid

SolMicroGrid is a company based in Alpharetta (United States) founded in 2019 by Joyce Bone and Matt Ward.. SolMicroGrid offers products and services including Microgrid Systems and Energy Audit. SolMicroGrid operates in a competitive market with competitors including Scale Microgrids, VoltaGrid, David Energy, New Sun Road and Enchanted Rock, among others.

  • Headquarter Alpharetta, United States
  • Founders Joyce Bone, Matt Ward
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Power Generation & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of SolMicroGrid

SolMicroGrid offers a comprehensive portfolio of products and services, including Microgrid Systems and Energy Audit. 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.

Primary

Delivers solar-enabled microgrids for cost savings and emissions reduction.

Offers free assessments to evaluate business energy needs and solutions.

People of SolMicroGrid
Headcount 1-10
Employee Profiles 7
Employee Profiles
People
Bill Gifford
Vice President Of Business Development
People
Matthew Bennett
Business Development Analyst
People
Robert Duva
Senior Vice President Operations
People
Kirk Edelman
Chief Executive Officer

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Funding Insights of SolMicroGrid

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2021 Amount Seed - SolMicroGrid Valuation Morgan Stanley
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in SolMicroGrid

SolMicroGrid has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Morgan Stanley. 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.

All
Institutional
Investor Description Founded Year Domain Location
Wealth management, investment advisory, and financial services are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by SolMicroGrid

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - SolMicroGrid

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Solmicrogrid Comparisons

Employees
+
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Competitors of SolMicroGrid

SolMicroGrid 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 Scale Microgrids, VoltaGrid, David Energy, New Sun Road and Enchanted Rock, 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
Microgrids are manufactured by Scale Microgrids in the United States.
domain founded_year HQ Location
AI and cloud-driven platform offering microgrids to provide electricity to off-grid areas
domain founded_year HQ Location
Distributed energy management systems are provided for building efficiency.
domain founded_year HQ Location
Distributed energy solutions for renewable power are provided.
domain founded_year HQ Location
Provider of load management and microgrid systems
domain founded_year HQ Location
Microgrid solutions enabled by distributed energy generation systems are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Solmicrogrid

Frequently Asked Questions about SolMicroGrid

When was SolMicroGrid founded?

SolMicroGrid was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is SolMicroGrid located?

SolMicroGrid is headquartered in Alpharetta, United States. It is registered at Alpharetta, Georgia, United States.

Who is the current CEO of SolMicroGrid?

Matt Ward is the current CEO of SolMicroGrid. They have also founded this company.

What does SolMicroGrid do?

SolMicroGrid is an operator of microgrids to provide electricity to off-grid areas. The functions of the microgrid include local forecasting, renewable energy forecasting, network reconfiguration, real-time control of demand response, adaptive protection control, and more.

Who are the top competitors of SolMicroGrid?

SolMicroGrid's top competitors include Scale Microgrids, David Energy and VoltaGrid.

What products or services does SolMicroGrid offer?

SolMicroGrid offers Microgrid Systems and Energy Audit.

Who are SolMicroGrid's investors?

SolMicroGrid has 1 investor. Key investors include Morgan Stanley.

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