About Vivint Solar
Vivint Solar is a company based in Lehi (United States) founded in 2011 was acquired by Sunrun in July 2020.. The company has 2,357 employees as of December 31, 2022. Vivint Solar offers products and services including Solar Panels, Home Battery, and Solar Monitoring App. Vivint Solar operates in a competitive market with competitors including SolarCity, Sunnova, Sunrun, SunPower and 3Degrees, among others.
- Headquarter Lehi, United States
- Employees 2357 as on 31 Dec, 2022
- Stage Public
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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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- Legal Name Vivint Solar, Inc.
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Products & Services of Vivint Solar
Vivint Solar offers a comprehensive portfolio of products and services, including Solar Panels, Home Battery, and Solar Monitoring App. 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.
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.
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Sales and Marketing
113 people
Finance and Accounting
25 people
Leadership Team
22 people
Software Development Team
17 people
District Team
14 people
Human Resources and Administration
13 people
Senior Team
13 people
Solar Team
8 people
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Funding Insights of Vivint Solar
- Total Funding Total Funding
- Total Rounds 12
- Last Round Debt – Conventional — $325.0M
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First Round
First Round
(18 Oct 2011)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2019 | Amount | Debt – Conventional - Vivint Solar | Valuation |
investors |
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| Jun, 2019 | Amount | Post-IPO - Vivint Solar | Valuation |
investors |
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| Jun, 2019 | Amount | Debt – Conventional - Vivint Solar | Valuation |
investors |
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| 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 |
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. 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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Summit Partners is recognized as a growth equity investment firm.
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Founded Year | Domain | Location | |
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Commercial banking and asset management services are offered worldwide.
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Founded Year | Domain | Location | |
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Diversified financial services are offered through commercial banking 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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Founded Year | Domain | Location | |
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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 Vivint Solar
| 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 |
Financial Statements - Vivint Solar
| 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 |
Vivint Solar Comparisons
Competitors of Vivint Solar
Vivint Solar 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, SunPower and 3Degrees, 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 |
Solar power systems are designed, financed, and installed for clients.
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| domain | founded_year | HQ Location |
Solar services are provided to residential and commercial customers.
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| domain | founded_year | HQ Location |
Solar energy services are provided to residential customers nationwide.
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Silicon-based solar PV modules are manufactured for diverse applications.
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| domain | founded_year | HQ Location |
Clean energy consulting and services are offered to support sustainability.
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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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| domain | founded_year | HQ Location |
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 Vivint Solar
Frequently Asked Questions about Vivint Solar
When was Vivint Solar founded?
Vivint Solar was founded in 2011.
Where is Vivint Solar located?
Vivint Solar is headquartered in Lehi, United States. It is registered at Lehi, Utah, United States.
Who is the current CEO of Vivint Solar?
David Bywater is the current CEO of Vivint Solar.
How many employees does Vivint Solar have?
As of Dec 31, 2022, the latest employee count at Vivint Solar is 2,357.
What does Vivint Solar do?
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.
Who are the top competitors of Vivint Solar?
What products or services does Vivint Solar offer?
Vivint Solar offers Solar Panels, Home Battery, and Solar Monitoring App.
Who are Vivint Solar's investors?
Vivint Solar has 8 investors. Key investors include Citi, Sunrun, SVB, KeyBank, and Bank of America.
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