About Sun Exchange
Sun Exchange is a company based in Muizenberg (South Africa) founded in 2015.. Sun Exchange has raised $14.84 million across 10 funding rounds from investors including Plug and Play Tech Center, Techstars and Powerhouse Ventures. Sun Exchange offers products and services including Risk-Free Solar Solution and Solar4U Solution. Sun Exchange operates in a competitive market with competitors including groSolar, New Southern Energy, go solr, Energy Efficiency and Genesis Eco Energy, among others.
- Headquarter Muizenberg, South Africa
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14.84 M (USD)
in 10 rounds
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Latest Funding Round
$2.5 M (USD), Series A
Sep 30, 2021
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Investors
Plug and Play Tech Center
& 6 more
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Employee Count
Employee Count
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Products & Services of Sun Exchange
Sun Exchange offers a comprehensive portfolio of products and services, including Risk-Free Solar Solution and Solar4U Solution. 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.
Finances and maintains solar systems for risk-free adoption.
Delivers hybrid or off-grid solar tailored to customer needs.
Funding Insights of Sun Exchange
Sun Exchange has successfully raised a total of $14.84M across 10 strategic funding rounds. The most recent funding activity was a Series A round of $2.5 million completed in September 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.
- Total Funding Total Funding
- Total Rounds 10
- Last Round Series A — $2.5M
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2021 | Amount | Series A - Sun Exchange | Valuation | ARCH Emerging Markets Partners |
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| Apr, 2021 | Amount | Series A - Sun Exchange | Valuation |
investors |
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| Jun, 2020 | Amount | Series A - Sun Exchange | Valuation | ARCH Emerging Markets Partners |
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| 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 Sun Exchange
Sun Exchange has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Plug and Play Tech Center, Techstars and Powerhouse Ventures. 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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Venture capital funding is offered to technology startups in Africa.
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Founded Year | Domain | Location | |
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Investing in Deep Tech and emerging technologies for 12 years.
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Founded Year | Domain | Location | |
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Startups are accelerated globally without sector restrictions through structured programs.
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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 Sun Exchange
| 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 - Sun Exchange
| 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 |
Sun Exchange Comparisons
Competitors of Sun Exchange
Sun Exchange 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 groSolar, New Southern Energy, go solr, Energy Efficiency and Genesis Eco Energy, 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 Distribution and Installation
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| domain | founded_year | HQ Location |
Turnkey solar energy projects are developed by New Southern Energy.
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| domain | founded_year | HQ Location |
Provider of solar panel installation services
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| domain | founded_year | HQ Location |
Solar energy projects are developed in South Africa.
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| domain | founded_year | HQ Location |
Develops wind, solar, and hybrid energy projects for utility-scale applications in South Africa.
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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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Frequently Asked Questions about Sun Exchange
When was Sun Exchange founded?
Sun Exchange was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Sun Exchange located?
Sun Exchange is headquartered in Muizenberg, South Africa. It is registered at Muizenberg, Western Cape, South Africa.
Who is the current CEO of Sun Exchange?
Saul Wainwright is the current CEO of Sun Exchange.
Is Sun Exchange a funded company?
Sun Exchange is a funded company, having raised a total of $14.84M across 10 funding rounds to date. The company's 1st funding round was a Series A of $3.73M, raised on Aug 22, 2016.
What does Sun Exchange do?
Sun Exchange is a South African-based company that develops and operates solar power and energy storage solutions for midsize organizations. The company uses a peer-to-peer leasing platform to connect solar panel owners with organizations seeking renewable energy, enabling them to reduce energy costs and carbon footprint. With a focus on sustainability and energy efficiency, Sun Exchange has deployed and operates one of the largest fleets of commercial solar and energy storage projects in South Africa.
Who are the top competitors of Sun Exchange?
Sun Exchange's top competitors include groSolar, New Southern Energy and go solr.
What products or services does Sun Exchange offer?
Sun Exchange offers Risk-Free Solar Solution and Solar4U Solution.
Who are Sun Exchange's investors?
Sun Exchange has 7 investors. Key investors include Plug and Play Tech Center, Techstars, Powerhouse Ventures, ARCH Emerging Markets Partners, and Alphabit.