About zolar
zolar is a company based in Berlin (Germany) founded in 2016 by Alexander Melzer.. zolar has raised $170.78 million across 8 funding rounds from investors including BayWa re, BNP Paribas and Ecosia. zolar offers products and services including Photovoltaikanlage Platform, Balkonkraftwerk Service, Wallbox Installation, and Solarspeicher Solution. zolar operates in a competitive market with competitors including Milk the Sun, SecondSol, Naturstrom, BSW-Solar and iKratos Solar, among others.
- Headquarter Berlin, Germany
- Founders Alexander Melzer
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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
*********
- Legal Name Zolar Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$170.78 M (USD)
in 8 rounds
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Latest Funding Round
$108.35 M (USD), Debt – Conventional
Apr 08, 2024
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Investors
BayWa re
& 14 more
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Employee Count
Employee Count
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Products & Services of zolar
zolar offers a comprehensive portfolio of products and services, including Photovoltaikanlage Platform, Balkonkraftwerk Service, Wallbox Installation, and Solarspeicher Solution. 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.
Platform for solar system installations and expert connections.
Service for balcony power plant setups and energy solutions.
Platform for electric vehicle charging station installations.
Service for solar energy storage systems and integration.
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Funding Insights of zolar
zolar has successfully raised a total of $170.78M across 8 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $108.35 million completed in April 2024. 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 8
- Last Round Debt – Conventional — $108.4M
- First Round First Round
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Debt – Conventional - zolar | Valuation |
investors |
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| May, 2022 | Amount | Series C - zolar | Valuation | Energy Impact Partners , GIC | |
| Mar, 2022 | Amount | Series C - zolar | Valuation | Ecosia |
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| 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 zolar
zolar has secured backing from 15 investors, including institutional and venture fund investors. Prominent investors backing the company include BayWa re, BNP Paribas and Ecosia. 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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Venture capital fund focused on growth-stage startups
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Founded Year | Domain | Location | |
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Sovereign wealth is managed and private equity investments are facilitated.
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Founded Year | Domain | Location | |
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Venture capital firm backed by CEZ Group
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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 zolar
| 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 - zolar
| 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 |
Zolar Comparisons
Competitors of zolar
zolar 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 Milk the Sun, SecondSol, Naturstrom, BSW-Solar and iKratos Solar, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Platform for solar industry players
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| domain | founded_year | HQ Location |
Solar products are offered via an online marketplace platform.
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| domain | founded_year | HQ Location |
Provides eco-friendly electricity, gas, and mobility solutions for sustainable energy.
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| domain | founded_year | HQ Location |
Solar powered products are retailed by BSW-Solar in Germany.
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| domain | founded_year | HQ Location |
Provides solar panels, heat pumps, and energy storage solutions for efficiency.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Zolar
Frequently Asked Questions about zolar
When was zolar founded?
zolar was founded in 2016.
Where is zolar located?
zolar is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Who is the current CEO of zolar?
Alexander Melzer is the current CEO of zolar. They have also founded this company.
Is zolar a funded company?
zolar is a funded company, having raised a total of $170.78M across 8 funding rounds to date. The company's 1st funding round was a Series C of $23M, raised on Oct 01, 2016.
What does zolar do?
Zolar was founded in 2016 in Berlin, Germany, focusing on the solar energy sector. Customized solutions are provided to homeowners, encompassing design, supply, installation, and handling of documentation and formalities. The selection process is conducted entirely online, with installation assistance offered. Operations center on residential solar projects across Germany.
Who are the top competitors of zolar?
zolar's top competitors include Milk the Sun, SecondSol and BSW-Solar.
What products or services does zolar offer?
zolar offers Photovoltaikanlage Platform, Balkonkraftwerk Service, Wallbox Installation, and Solarspeicher Solution.
Who are zolar's investors?
zolar has 15 investors. Key investors include BayWa re, BNP Paribas, Ecosia, PAR Technology Corp, and Partech Partners.
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