
About Sunworks
Sunworks is a publicly listed company based in United States founded in 1983. Solar solutions are developed for agricultural and commercial customers. Sunworks has completed 1 acquisition, including Solcius. Its focus areas include Energy, Solar Energy, Project Development Services and Project Developers. Its legal entity is SOLAR3D, INC. Similar companies include Enel X, Dominion Energy and Origis Energy; 2 of its 3 listed similar companies have raised funding.
Company details
Sunworks was founded in 1983 and operates as a provider of turnkey solar systems in the renewable energy sector. Ground-mounted, rooftop, and carport installations are offered to agricultural and commercial clients, along with financing and leasing options. Projects are developed using 3-dimensional solar cell technology to enhance electricity generation from sunlight. Operations are focused in California and Nevada, United States.
- Headquarters California, United States
- Stage Public
- SectorsEnergy & Utilities
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- Phoneβ’β’β’β’ β’β’β’β’
- Website sunworksusa.com
- Social LinkedIn X Facebook
- Legal Name Sunworks, Inc.
- Annual Revenue$161.94 M (USD)60.09as on Dec 31, 2022
- Net Profit-$28.21 M (USD)-5.96as on Dec 31, 2022
- EBITDA-$22.28 M (USD)-38.87as on Dec 31, 2022
- Latest Funding Round$15K (USD), Post-IPO
Mar 2013
- Investments & Acquisitions
Funding Insights of Sunworks
- Total Rounds 7
- Last Round Post-IPO β $15,000
- First Round $212,500
(Sep 2011)
All 7 funding rounds of Sunworks with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2013 | $15,000 | Post-IPO | β | β | β |
| Oct 2012 | $26,500 | Post-IPO | β | β | β |
| Jul 2012 | $69,500 | Post-IPO | β | β | β |
| Apr 2012 | $45,000 | Post-IPO | β | β | β |
| Mar 2012 | $48,750 | Post-IPO | β | β | β |
| Jan 2012 | $40,000 | Post-IPO | β | β | β |
| Sep 2011 | $212,500 | Post-IPO | β | β | β |
People of Sunworks
3 people are tracked at Sunworks (2 in leadership, 1 in board & advisors).
| Name | Role | Group |
|---|---|---|
Kirk Short | President Of Commercial Operations | Leadership |
Chris Monahan | Chief Legal Officer | Leadership |
Patrick C. Mccullough | Director | Board & advisors |
Complete people profiles for Sunworks
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IPO & Listings of Sunworks
Sunworks is a publicly listed company on the OTC with ticker symbol SUNWQ in USA, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date10 Feb 2006
- Listed onNASDAQ: SUNW
- Listed entitySunworks, Inc.
- Exchange sectorProducer manufacturing
- ISINUS86803X2045
- Share price$0.00 (+900% on the day) · 2026-10-12
- Market capitalisation$568.00
- Volume (last session)9,128
Financials of Sunworks
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2022 | $161.9M | -$28.2M | -$22.3M |
| 2021 | $101.2M | -$26.6M | -$16.0M |
| 2020 | $37.9M | -$15.9M | -$10.1M |
Detailed financial statements for Sunworks
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Investments & Acquisitions by Sunworks
Sunworks has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Solcius.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Solar panel installation services are provided across the United States. | solcius.com | Provo, United States | 2013 | Apr 2021 | $51.8M |
Complete acquisition details for Sunworks
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of Sunworks
5 dated milestones of Sunworks across 38 years, from founding to its latest funding, stage changes and deals.
- Founded Sunworks is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $212K.
- Funding Latest funding round, Post-IPO, of $15K.
- Acquisition Acquires Solcius.
Similar companies to Sunworks
Sunworks has 3 listed similar companies in our database, 2 of them funded. They include Enel X, Dominion Energy and Origis Energy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| enelx.com | 2001 | Boston, United States | $168M | 513 | Utility-scale renewable energy projects are developed by Enel X. | |
| dominionenergy.com | 1983 | United States | 17,700 | Energy production and transportation are conducted by Dominion Energy. | ||
| origisenergy.com | 2008 | Miami, United States | $149M | Utility-scale and commercial solar projects are developed worldwide. |
Detailed similar companies of Sunworks
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Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Sunworks (Renewable & Sustainable Energy) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168.67 M | |||
Sustainable energy solutions are developed and operated worldwide. | 2000 | Chicago, Illinois, United States | USD 575 M | 1,276 | ||
Solar energy services are provided to residential customers nationwide. | 2007 | San Francisco, California, United States | USD 296.98 M | USD 2.96 B | 11,060 |
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Related news about Sunworks
Complete news archive for Sunworks
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Frequently Asked Questions about Sunworks
Sunworks was founded in 1983 and raised its 1st funding round 28 years after it was founded.
Sunworks is headquartered in United States. It is registered at California, United States.
Annual revenue of Sunworks is $161.94M as on Dec 31, 2022.
Sunworks was founded in 1983 and operates as a provider of turnkey solar systems in the renewable energy sector. Ground-mounted, rooftop, and carport installations are offered to agricultural and commercial clients, along with financing and leasing options. Projects are developed using 3-dimensional solar cell technology to enhance electricity generation from sunlight. Operations are focused in California and Nevada, United States.
Sunworks's top competitors include Enel X, Dominion Energy and Origis Energy.
Yes, Sunworks is publicly traded on OTC under the ticker symbol SUNWQ.
Sunworks has made 1 acquisition, including Solcius.
Sunworks operates through Solar3d, Inc..
