About Verengo
Verengo is an Energy & Utilities company based in Torrance (United States) founded in 2008, and was acquired by Crius Energy in September 2016. Residential Solar Integrator. Verengo has raised $51.71 million across 6 funding rounds from investors including Vistra and Angeleno Group. Its focus areas include Energy, Solar Energy, Project Development Services and Project Developers. Its legal entity in India is Gh2 Solar Spv-2 Private Limited (U35105UP2024PTC207886). Its competitors include Enel X, Dominion Energy and Hillman Group; 1 of its 3 listed competitors has raised funding.
Company details
Verengo was founded in 2008 in Torrance, United States, within the renewable energy sector. Solar photovoltaic systems are marketed, sold, and installed primarily for residential customers. Operations center on integrating these systems into homes, with over 16,000 installations completed across the United States. Services include full-system deployment for homeowners seeking solar energy solutions.
- Headquarters Torrance, United States
- Stage Acquired
- SectorsEnergy & Utilities
- Website verengosolar.com
- Social LinkedIn X
- Acquired by Crius Energy (Sep 2016)
- Legal Name Gh2 Solar Spv-2 Private Limited
- Date of Incorporation 14 Aug, 2024
- Jurisdiction Agra, Uttar Pradesh, India
- Total Equity Funding$51.71M (USD)
in 6 rounds
- Latest Funding Round$3.44M (USD), Series C
Dec 2015
- InvestorsVistra
& 1 more
- Acquired byCrius Energy
(Sep 2016)
Associated legal entities of Verengo
Verengo operates through Gh2 Solar Spv-2 Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Gh2 Solar Spv-2 Private Limited CIN U35105UP2024PTC207886 | Active | 14 Aug 2024 | Agra, Uttar Pradesh | 2 | View details |
Funding Insights of Verengo
Verengo has successfully raised a total of $51.71M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $3.44 million completed in December 2015. 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 $51.71M
- Total Rounds 6
- Last Round Series C — $3.44M
- First Round $9.68M
(Jan 2011)
- Investors Count 1
All 6 funding rounds of Verengo 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 |
|---|---|---|---|---|---|
| Dec 2015 | $3.44M | Series C | – | – | – |
| Oct 2015 | $6.01M | Series C | – | – | – |
| Jan 2015 | $4.7M | Series C | – | – | – |
| Sep 2014 | $15.39M | Series C | – | – | – |
| Sep 2013 | $12.5M | Series B | – | – | – |
| Jan 2011 | $9.68M | Series A | – | Angeleno Group | – |
2 investors in total: 2 institutional.
Investors in Verengo
Verengo has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Vistra and Angeleno Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are directed toward the US, Asia, and Australia. | angelenogroup.com | Los Angeles, United States | ||
Vistra is recognized as a leading integrated retail electricity and power generation company. | 2012 | criusenergy.com | Norwalk, United States |
Investor details for Verengo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Gh2 Solar Spv-2 Private Limited (Verengo)
Gh2 Solar Spv-2 Private Limited is the primary company behind Verengo. The board of Gh2 Solar Spv-2 Private Limited currently have 2 directors; the longest-serving is Aditi Jain, appointed in 2024.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Aditi Jain DIN 06485388 | Director | 14 Aug 2024 | 2 yrs 3 mo | Gh2 Solar Spv-2 Private Limited |
| Anurag Jain DIN 02833765 | Director | 14 Aug 2024 | 2 yrs 3 mo | Gh2 Solar Spv-2 Private Limited |
Timeline of Verengo
4 dated milestones of Verengo across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Verengo is founded.
- Funding First funding round of $9.7M.
- Funding Latest funding round, Series C, of $3.4M.
- Exit Acquired by Crius Energy.
Competitors of Verengo
Verengo has 3 listed competitors in our database, 1 of them funded. They include Enel X, Dominion Energy and Hillman Group.
| 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. | ||
| hillmangroup.com | 1964 | Cincinnati, United States | 3,324 | Hardware and home improvement products are supplied to retail markets. |
Detailed competitors of Verengo
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Verengo
Websites that share an audience with Verengo (verengosolar.com).
Websites whose visitors overlap most with Verengo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| sungevity.com | 100% | View details | |||
| sunamp.com | 90% | 19.8K | #1,487,303 | View details | |
| solarhome.org | 74% | 1.8K | #9,500,123 | View details | |
| petersendean.com | 63% | View details | |||
| youtube.com | 36% | 30.4B | #2 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for Verengo
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 7 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Verengo (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 Verengo
Complete news archive for Verengo
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Frequently Asked Questions about Verengo
Verengo was founded in 2008 and raised its 1st funding round 3 years after it was founded.
Verengo is headquartered in Torrance, United States. It is registered at Torrance, California, United States.
Verengo is a funded company, having raised a total of $51.71M across 6 funding rounds to date. The company's 1st funding round was a Series A of $9.68M, raised on Jan 2011.
Verengo was founded in 2008 in Torrance, United States, within the renewable energy sector. Solar photovoltaic systems are marketed, sold, and installed primarily for residential customers. Operations center on integrating these systems into homes, with over 16,000 installations completed across the United States. Services include full-system deployment for homeowners seeking solar energy solutions.
Verengo's top competitors include Enel X, Dominion Energy and Hillman Group.
Verengo has 2 investors. Key investors include Vistra, and Angeleno Group.
Verengo operates through Gh2 Solar Spv-2 Private Limited.
Yes. Verengo was acquired by Crius Energy in September 2016.
The legal entities of Verengo currently have 2 directors, including Aditi Jain, Anurag Jain.