About Sonnen
Sonnen is a company based in Wildpoldsried (Germany) founded in 2010 by Torsten Stiefenhofer was acquired by Atrato Onsite Energy in October 2022.. Sonnen has raised $168.42 million across 7 funding rounds from investors including Shell, eCapital and Envision Group. Sonnen has completed 1 acquisition, including Webatt Energy. Sonnen offers products and services including sonnenBatterie and Smart Energy Solutions. Sonnen operates in a competitive market with competitors including NeoVolta, Marstek Energy, Cellcronic, KUKO and Lynx Battery, among others.
- Headquarter Wildpoldsried, Germany
- Founders Torsten Stiefenhofer
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Sonnen Gmbh
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Annual Revenue
$132.91 M (USD)41as on Dec 31, 2021
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Net Profit
$-6.11 M (USD)-198as on Dec 31, 2021
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EBITDA
$-6.11 M (USD)-198as on Dec 31, 2021
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Total Equity Funding
$168.42 M (USD)
in 7 rounds
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Latest Funding Round
$28.5 M (USD), Debt – Conventional
Jan 17, 2019
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Investors
Shell
& 10 more
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Employee Count
Employee Count
- Investments & Acquisitions
- Acquired by
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Products & Services of Sonnen
Sonnen offers a comprehensive portfolio of products and services, including sonnenBatterie and Smart Energy Solutions. 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.
Intelligent battery system for storing renewable energy at home.
Hardware and contracts for efficient sustainable energy use.
Funding Insights of Sonnen
Sonnen has successfully raised a total of $168.42M across 7 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $28.5 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 Total Funding
- Total Rounds 7
- Last Round Debt – Conventional — $28.5M
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First Round
First Round
(31 Jan 2013)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2019 | Amount | Debt – Conventional - Sonnen | Valuation |
investors |
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| May, 2018 | Amount | Series C - Sonnen | Valuation | Shell | |
| Oct, 2016 | Amount | Series C - Sonnen | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Sonnen
Sonnen has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Shell, eCapital and Envision Group. 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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Finance and advisory services for infrastructure projects are provided.
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward Germany and the US.
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Founded Year | Domain | Location | |
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Investments are directed toward early-stage energy system companies.
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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 Sonnen
Sonnen has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Webatt Energy. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Solar power plant monitoring solutions are provided for residential use.
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2017 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Sonnen
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Sonnen Comparisons
Competitors of Sonnen
Sonnen 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 NeoVolta, Marstek Energy, Cellcronic, KUKO and Lynx Battery, 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 |
Solar-based energy storage systems are manufactured for home use.
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| domain | founded_year | HQ Location |
Provides energy storage systems and solar products for homes.
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| domain | founded_year | HQ Location |
Provides comprehensive solutions for energy storage systems.
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| domain | founded_year | HQ Location |
Offers smart home batteries and dynamic energy contracts for optimized energy storage and trading.
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| domain | founded_year | HQ Location |
Specializes in lithium iron phosphate energy storage solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Sonnen
Frequently Asked Questions about Sonnen
When was Sonnen founded?
Sonnen was founded in 2010 and raised its 1st funding round 3 years after it was founded.
Where is Sonnen located?
Sonnen is headquartered in Wildpoldsried, Germany. It is registered at Wildpoldsried, Bavaria, Germany.
Is Sonnen a funded company?
Sonnen is a funded company, having raised a total of $168.42M across 7 funding rounds to date. The company's 1st funding round was a Series C of $85M, raised on Jan 31, 2013.
What is the annual revenue of Sonnen?
Annual revenue of Sonnen is $132.91M as on Dec 31, 2021.
What does Sonnen do?
Sonnen was founded in 2010 in Wildpoldsried, Germany, as a provider of solar-integrated energy storage solutions in the renewable energy sector. Systems for residential and commercial applications are offered, including eco, hybrid, and pro series that integrate with fuel cells and wind turbines, featuring built-in inverters. Energy consumption is monitored and controlled via a mobile application. Additional offerings include solar water heaters, power backup systems, and e-vehicle charging solutions.
Who are the top competitors of Sonnen?
Sonnen's top competitors include NeoVolta, Marstek Energy and Cellcronic.
What products or services does Sonnen offer?
Sonnen offers sonnenBatterie and Smart Energy Solutions.
How many acquisitions has Sonnen made?
Sonnen has made 1 acquisition, including Webatt Energy.
Who are Sonnen's investors?
Sonnen has 11 investors. Key investors include Shell, eCapital, Envision Group, General Electric, and European Investment Bank.