About Vivint Solar
Vivint Solar is an Energy & Utilities company based in Lehi (United States) founded in 2011, and was acquired by Sunrun in July 2020. Provider of solar installation and designing services for residential. The company has 2,357 employees. Its chief executive, as recorded, is David Bywater. Vivint Solar offers products and services including Solar Panels, Home Battery, and Solar Monitoring App. Its focus areas include Energy, Solar Energy, Solar-as-a-service and Full-end Services. Its legal entity is VIVINT SOLAR, INC. Its competitors include SolarCity, Sunnova and Sunrun; 3 of its 3 listed competitors have raised funding.
Company details
Vivint Solar was founded in 2011 and is headquartered in Lehi, United States. Operations focus on the solar energy sector, where residential solar solutions are delivered through power purchase agreements. Systems are designed, installed, and maintained to support cost-effective energy use, with upfront costs minimized for consumers. Services target homeowners seeking sustainable power options in the U.S. market.
- Headquarters Lehi, United States
- Employees 2,357
- Stage Acquired
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website vivintsolar.com
- Social LinkedIn X Facebook
- Acquired by Sunrun (Jul 2020)
- Legal Name Vivint Solar, Inc.
Products & Services of Vivint Solar
Vivint Solar offers a comprehensive portfolio of products and services, including Solar Panels, Home Battery, and Solar Monitoring App.
Devices that convert sunlight into electricity for home use.
Stores excess solar energy for backup power during outages.
App for tracking solar system performance and energy usage.
Funding Insights of Vivint Solar
- Total Rounds 12
- Last Round Debt – Conventional — $325M
- First Round $75M
(Oct 2011)
- Investors Count 7
Latest 10 of 12 funding rounds of Vivint Solar 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 |
|---|---|---|---|---|---|
| Aug 2019 | $325M | Debt – Conventional | – | – | |
| Jun 2019 | $100M | Post-IPO | – | – | |
| Jun 2019 | Debt – Conventional | – | – | – | |
| Jun 2019 | $360M | Post-IPO | – | – | – |
| Jun 2018 | $811M | Debt – Conventional | – | – | – |
| Jan 2017 | $303M | Debt – Conventional | – | – | – |
| Mar 2016 | $200M | Debt – Conventional | – | – | – |
| Mar 2014 | $280M | Debt – Conventional | – | – | – |
| Oct 2013 | $540M | Debt – Conventional | – | – | – |
| Aug 2013 | $200M | Debt – Conventional | – | – | – |
8 investors in total: 8 institutional.
Investors in Vivint Solar
Vivint Solar has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Citi, Sunrun and SVB.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Summit Partners is recognized as a growth equity investment firm. | summitpartners.com | Boston, United States | ||
Commercial banking and asset management services are offered worldwide. | 1904 | bankofamerica.com | Charlotte, United States | |
Diversified financial services are offered through commercial banking operations. | 1812 | citigroup.com | New York, United States | |
Regional bank | 1849 | key.com | Cleveland, United States | |
Banking services are provided to innovative companies, investors, and individuals. | 1983 | svb.com | Santa Clara, United States | |
| rbccm.com | ||||
Commercial bank | 1968 | usbank.com | United States | |
Solar energy services are provided to residential customers nationwide. | 2007 | sunrun.com | San Francisco, United States |
Investor details for Vivint Solar
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Vivint Solar
291 people are tracked at Vivint Solar (87 in leadership, 2 in board & advisors, 202 in team); the tracked headcount is 2,357.
| Name | Role | Group |
|---|---|---|
David Bywater | CEO | Leadership |
Jess Muh | Director, Fund Accounting | Leadership |
Mary Powell | CEO | Leadership |
Scott Bell | Regional Sales Director | Leadership |
Parker Stephens | Vice President Of Revenue Strategy & Analytics | Leadership |
Samuel Roth | Director Of Strategy And Business Intelligence | Leadership |
Jeanna Steele | Chief Legal Officer & Chief People Officer | Leadership |
Drew Dondelinger | Director Of Finance | Leadership |
Trevor Shaffer-Figueroa | Senior Employee Relations Business Partner | Leadership |
Ashley Fedele | Senior Human Resources Business Partner | Leadership |
Chelsea England | Sr. Manager Partner Operations | Leadership |
Mehran Pournaghshband | Director, Data Engineering And Analytics | Leadership |
Paul Dickson | President & CRO | Leadership |
Danny Abajian | CFO | Leadership |
Daron Fowlks | VP Customer Engagement | Leadership |
Prashanth Nerella | Head Of Data | Leadership |
Jim Iacovelli | Sales Director | Leadership |
Jon Osmond | Vice President Tax | Leadership |
Danielle Stewart | Senior People Business Partner | Leadership |
Amber Martindale - Helgesen | Director Of Talent | Leadership |
271 more people are available in the full profile.
Complete people profiles for Vivint Solar
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Vivint Solar
5 dated milestones of Vivint Solar across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Vivint Solar is founded.
- Funding First funding round of $75.0M.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Debt – Conventional, of $325.0M.
- Exit Acquired by Sunrun.
Competitors of Vivint Solar
Vivint Solar has 3 listed competitors in our database, 3 of them funded. They include SolarCity, Sunnova and Sunrun.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| solarcity.com | 2006 | San Mateo, United States | $1.28B | Solar power systems are designed, financed, and installed for clients. | ||
| sunnova.com | 2010 | Houston, United States | $1.54B | 644 | Solar services are provided to residential and commercial customers. | |
| sunrun.com | 2007 | San Francisco, United States | $296.98M | 8,360 | Solar energy services are provided to residential customers nationwide. |
Detailed competitors of Vivint Solar
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- Full competitor set
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Web traffic of Vivint Solar
Websites that share an audience with Vivint Solar (vivintsolar.com).
Websites whose visitors overlap most with Vivint Solar. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
planetarysystems.com | planetarysystems.com | 100% | #14,932,016 | – | |
| solarindustrymag.com | 100% | #4,642,768 | View details | ||
| aeesolar.com | 100% | 680.7K | View details | ||
| sungevity.com | 98% | View details | |||
greenstar.org | greenstar.org | 98% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for Vivint Solar
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- 10 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Vivint Solar (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 Vivint Solar
Complete news archive for Vivint Solar
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Frequently Asked Questions about Vivint Solar
Vivint Solar was founded in 2011.
Vivint Solar is headquartered in Lehi, United States. It is registered at Lehi, Utah, United States.
David Bywater is the CEO of Vivint Solar, as recorded in our data.
Vivint Solar has 2,357 employees.
Vivint Solar was founded in 2011 and is headquartered in Lehi, United States. Operations focus on the solar energy sector, where residential solar solutions are delivered through power purchase agreements. Systems are designed, installed, and maintained to support cost-effective energy use, with upfront costs minimized for consumers. Services target homeowners seeking sustainable power options in the U.S. market.
Vivint Solar offers Solar Panels, Home Battery, and Solar Monitoring App.
Vivint Solar has 8 investors. Key investors include Citi, Sunrun, SVB, KeyBank, and Bank of America.
Vivint Solar operates through Vivint Solar, Inc..
Yes. Vivint Solar was acquired by Sunrun in July 2020.