About Sunlight Financial
Sunlight Financial is a company based in New York (United States) founded in 1988 was acquired by Greenbacker in October 2023. Sunlight Financial has raised $260 million across 6 funding rounds from investors including SVB, Greenbacker and Sunstone Credit. The company has 195 employees as of December 31, 2021. Sunlight Financial offers products and services including Solar Loans and Home Improvement Loans. Sunlight Financial operates in a competitive market with competitors including SolarCity, Sunnova, Sunrun, SolarSquare and M Kopa, among others.
- Headquarter New York, United States
- Employees 195 as on 31 Dec, 2021
- Stage Public
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Sectors
Energy & Utilities
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Sunlight Financial Llc
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Annual Revenue
$98.51 M (USD)60as on Dec 31, 2022
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Net Profit
-$511.94 M (USD)-221as on Dec 31, 2022
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EBITDA
-$509.7 M (USD)-122as on Dec 31, 2022
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Total Equity Funding
$260 M (USD)
in 6 rounds
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Latest Funding Round
$50 M (USD), Private Equity Round
Jun 06, 2018
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Investors
SVB
& 8 more
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Employee Count
195
as on Dec 31, 2021
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Acquired by
Greenbacker
(Oct 31, 2023)
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Products & Services of Sunlight Financial
Sunlight Financial offers a comprehensive portfolio of products and services, including Solar Loans and Home Improvement Loans.
Loans for installing solar systems to reduce energy costs.
Loans for upgrades like roofing and HVAC systems.
People of Sunlight Financial
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Funding Insights of Sunlight Financial
Sunlight Financial has successfully raised a total of $260M across 6 strategic funding rounds. The most recent funding activity was a Private Equity Round of $50 million completed in June 2018. 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 Sunlight Financial
Sunlight Financial has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include SVB, Greenbacker and Sunstone Credit.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investment firm
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Sustainable investments are managed by this investment firm.
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Early, growth & late stage VC firm investing in the US
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Investor details for Sunlight Financial
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Sunlight Financial
Investment portfolio details for Sunlight Financial
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Financial Statements - Sunlight Financial
Detailed financials for Sunlight Financial
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Sunlight Financial Comparisons
Peer comparison for Sunlight Financial
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- Named peers
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Competitors of Sunlight Financial
Sunlight Financial 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 SolarCity, Sunnova, Sunrun, SolarSquare and M Kopa, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Solar power systems are designed, financed, and installed for clients.
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Solar services are provided to residential and commercial customers.
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| Locked | Locked | Locked |
Solar energy services are provided to residential customers nationwide.
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Provider of solar panel installation services
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Affordable solar power is provided to households in Kenya.
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Detailed competitors of Sunlight Financial
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Latest news on Sunlight Financial
Complete news archive for Sunlight Financial
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Frequently Asked Questions about Sunlight Financial
Sunlight Financial was founded in 1988 and raised its 1st funding round 27 years after it was founded.
Sunlight Financial is headquartered in New York, United States. It is registered at New York, New York, United States.
Matt Potere is the current CEO of Sunlight Financial.
Sunlight Financial is a funded company, having raised a total of $260M across 6 funding rounds to date.
As of Dec 31, 2021, the latest employee count at Sunlight Financial is 195.
Annual revenue of Sunlight Financial is $98.51M as on Dec 31, 2022.
Sunlight Financial was founded in 1988 and is headquartered in New York, United States. Operations focus on the residential solar finance sector, where loans are extended to homeowners to enable solar system ownership. These financing options support energy bill reductions, protection from rate increases, and adoption of renewable energy sources. Services are delivered through the domain sunlightfinancial.com, with Matt Potere serving as CEO.
Sunlight Financial offers Solar Loans and Home Improvement Loans.
Sunlight Financial has 9 investors. Key investors include SVB, Greenbacker, Sunstone Credit, CIT, and FTV Capital.