About SunSystem Technology
SunSystem Technology is a company based in Rancho Cordova (United States) founded in 2008.. SunSystem Technology has raised $6.11 million across 3 funding rounds from investors including Royalty North. SunSystem Technology has completed 2 acquisitions, including Next Phase Solar and Power Overhaul. SunSystem Technology offers products and services including Commercial O&M, Residential O&M, and Home Solar Service. SunSystem Technology operates in a competitive market with competitors including Gensol, BHI Energy, NovaSource Power Services, Energy Vision and Inspire Clean Energy, among others.
- Headquarter Rancho Cordova, United States
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Sectors
Energy & Utilities
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Email
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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
$6.11 M (USD)
in 3 rounds
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Latest Funding Round
$508.25 K (USD), Series A
Sep 08, 2017
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Next Phase Solar
& 1 more
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Products & Services of SunSystem Technology
SunSystem Technology offers a comprehensive portfolio of products and services, including Commercial O&M, Residential O&M, and Home Solar Service. 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.
Services for maintaining commercial solar systems nationwide
Services for maintaining residential solar systems efficiently
Support services for home solar systems and operations
Funding Insights of SunSystem Technology
SunSystem Technology has successfully raised a total of $6.11M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $508.25 thousand completed in September 2017. 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 3
- Last Round Series A — $508,250
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First Round
First Round
(13 Mar 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2017 | Amount | Series A - SunSystem Technology | Valuation |
investors |
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| May, 2017 | Amount | Series A - SunSystem Technology | Valuation |
investors |
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| Mar, 2017 | Amount | Seed - SunSystem Technology | 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 SunSystem Technology
SunSystem Technology has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Royalty North. 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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Offers working capital loans to support business operations.
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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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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 SunSystem Technology
SunSystem Technology has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Next Phase Solar and Power Overhaul. 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 operations and maintenance services are delivered globally.
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Operation and maintenance services for solar systems are offered.
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2009 |
| 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 - SunSystem Technology
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Sunsystem Technology Comparisons
Competitors of SunSystem Technology
SunSystem Technology 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 Gensol, BHI Energy, NovaSource Power Services, Energy Vision and Inspire Clean 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 |
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| domain | founded_year | HQ Location |
Provider of solar advisory and execution services
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| domain | founded_year | HQ Location |
Renewable energy and oil & gas projects are developed.
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| domain | founded_year | HQ Location |
Solar operations and maintenance services are provided globally.
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| domain | founded_year | HQ Location |
Solar operations and maintenance services are provided globally.
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| domain | founded_year | HQ Location |
Provides solar PV asset management and operations & maintenance services.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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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 Sunsystem Technology
Frequently Asked Questions about SunSystem Technology
When was SunSystem Technology founded?
SunSystem Technology was founded in 2008 and raised its 1st funding round 9 years after it was founded.
Where is SunSystem Technology located?
SunSystem Technology is headquartered in Rancho Cordova, United States. It is registered at Rancho Cordova, California, United States.
Is SunSystem Technology a funded company?
SunSystem Technology is a funded company, having raised a total of $6.11M across 3 funding rounds to date. The company's 1st funding round was a Seed of $600K, raised on Mar 13, 2017.
What does SunSystem Technology do?
SunSystem Technology was founded in 2008 and is headquartered in Rancho Cordova, United States. Services in operations, maintenance, and asset management are offered for large-scale solar facilities and residential systems within the photovoltaic sector. EPC support is extended to commercial and residential power plants. Backing is provided by North Royalty Partners.
Who are the top competitors of SunSystem Technology?
SunSystem Technology's top competitors include Gensol, BHI Energy and NovaSource Power Services.
What products or services does SunSystem Technology offer?
SunSystem Technology offers Commercial O&M, Residential O&M, and Home Solar Service.
How many acquisitions has SunSystem Technology made?
SunSystem Technology has made 2 acquisitions, including Next Phase Solar, and Power Overhaul.
Who are SunSystem Technology's investors?
SunSystem Technology has 1 investor. Key investors include Royalty North.
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