Solstice

Boston, United States Founded: 2016 • Age: 10 yrs Acquired By Perch Energy
Provider of Independent solar power
Annual revenue - Latest available
Total funding $7.4M 9 rounds
Employees - Tracked headcount
Investors 16 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Solstice

Solstice is a company based in Boston (United States) founded in 2016 was acquired by Perch Energy in February 2026. Solstice has raised $7.42 million across 9 funding rounds from investors including Perch Energy, MassCEC and Techstars. Solstice operates in a competitive market with competitors including Octopus Energy, NextEra Energy, Fortum, Cypress Creek Renewables and Neoen, among others.

  • Headquarter Boston, United States
  • Sectors
    Energy & Utilities
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $7.42 M (USD)

    in 9 rounds

  • Latest Funding Round
    $3.1 M (USD), Seed

    Jan 15, 2021

  • Investors
    Perch Energy

    & 15 more

  • Employee Count
    Not available
  • Acquired by
    Perch Energy

    & 1 more

    (Feb 19, 2026)

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People of Solstice

Headcount 50-200
Employee Profiles 19
Employee Profiles
People
Jen Kinney
VP, Product & Engineering
People
Sam Cote
Chief of Staff & Account Executive
People
Dan McNamara
Director, Engineering
People
Gokul Shankar
Senior Staff Engineer & Staff Engineer II

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Funding Insights of Solstice

Solstice has successfully raised a total of $7.42M across 9 strategic funding rounds. The most recent funding activity was a Seed round of $3.1 million completed in January 2021. 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 Solstice

Solstice has secured backing from 16 investors, including venture fund investors. Prominent investors backing the company include Perch Energy, MassCEC and Techstars.

All
Venture Fund
Investor Description Founded Year Domain Location
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Accelerator & incubator focused on clean energy firms
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Early-stage climate tech companies are supported through investments.
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Investor details for Solstice

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Solstice

Investments
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Investment portfolio details for Solstice

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Solstice

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Detailed financials for Solstice

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  • Profit trends
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Solstice Comparisons

Solstice Primary company
Description
Provider of Independent solar power
Location
Boston, United States
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Solstice

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Competitors of Solstice

Solstice 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 Octopus Energy, NextEra Energy, Fortum, Cypress Creek Renewables and Neoen, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Utility bill management platform is provided for tracking and billing.
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Developer of energy solutions
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Clean energy solutions for generation, retail, and heating are provided.
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Solar farms are owned, developed, and financed in the USA.
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Renewable energy is generated in solar, wind, and biomass sectors.
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Utility-scale renewable energy generation and decarbonization solutions are provided.
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Detailed competitors of Solstice

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Latest news on Solstice

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Complete news archive for Solstice

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Frequently Asked Questions about Solstice

Solstice was founded in 2016.

Solstice is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Solstice is a funded company, having raised a total of $7.42M across 9 funding rounds to date.

Solstice was founded in 2016 in Boston, United States, operating in the renewable energy sector focused on community solar. Partnerships are formed with organizations like schools, workplaces, and houses of worship to host solar gardens, enabling subscriptions from their members. Financing and installation are coordinated with developers, followed by the design, marketing, and administration of subscription programs that deliver utility bill credits to participating households.

Solstice's top competitors include Octopus Energy, NextEra Energy and Neoen.

Solstice has 16 investors. Key investors include Perch Energy, MassCEC, Techstars, American Family Insurance Institute for Corporate and Social Impact, and Active Impact Investments.

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