ZTRIC

Austin, United States Founded: 2015 • Age: 11 yrs
Solar installation services are provided to commercial customers.
Annual revenue $2.1M Latest available
Total funding $6.1M 1 rounds
Employees 31 Tracked headcount
Investors - Known backers
Products 4 Services tracked
Competitors 11 Brand Intelligence

About ZTRIC

ZTRIC is a company based in Austin (United States) founded in 2015 by Jayant Mhetar, Anand Krishnan, and Sai Ganesh. ZTRIC has raised $6.08 million across 1 funding round. The company has 31 employees as of April 08, 2024. ZTRIC offers products and services including Solar Solutions, Solar Park Projects, Battery Energy Storage, and Operation and Maintenance. ZTRIC operates in a competitive market with competitors including Enel X, Lightsource BP, Dominion Energy, CleanMax and Freyr Energy, among others.

  • Headquarter Austin, United States
  • Employees 31 as on 08 Apr, 2024
  • Founders Jayant Mhetar, Anand Krishnan, Sai Ganesh
  • Sectors
    Energy & Utilities
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Ztric India Private Limited
  • Date of Incorporation 29 Jan, 2016
  • Jurisdiction Pune, Maharashtra, India
Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.12 M (USD)
    11.18
    as on Mar 31, 2023
  • Net Profit
    $112.15 K (USD)
    -1.9
    as on Mar 31, 2023
  • EBITDA
    $181.17 K (USD)
    1.6
    as on Mar 31, 2023
  • Total Equity Funding
    $6.08 M (USD)

    in 1 rounds

  • Latest Funding Round
    $6.08 M (USD), Seed

    Mar 26, 2024

  • Investors
    Not available
  • Employee Count
    31

    as on Apr 08, 2024

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Products & Services of ZTRIC

ZTRIC offers a comprehensive portfolio of products and services, including Solar Solutions, Solar Park Projects, Battery Energy Storage, and Operation and Maintenance.

Product name locked
Category locked
Primary

Provides integrated hardware, software, and maintenance for solar energy systems.

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Develops ground-mounted solar plants for large-scale energy generation.

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Offers solutions for off-grid power and uninterruptible supplies.

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Delivers remote monitoring and troubleshooting for solar installations.

Funding Insights of ZTRIC

ZTRIC has successfully raised a total of $6.08M through 1 strategic funding round. The most recent funding activity was a Seed round of $6.08 million completed in March 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.

Investments & Acquisitions by ZTRIC

Investments
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Investment portfolio details for ZTRIC

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Financial Statements - ZTRIC

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Detailed financials for ZTRIC

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Ztric Comparisons

ZTRIC Primary company
Description
Solar installation services are provided to commercial custo...
Location
Austin, United States
Founded Year
2015
Annual Revenue
$2.12 M (USD)
Net Profit
$112.15 K (USD)
EBITDA
$181.17 K (USD)
Employees
31
As of 2024
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Peer comparison for ZTRIC

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Competitors of ZTRIC

ZTRIC 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 Enel X, Lightsource BP, Dominion Energy, CleanMax and Freyr Energy, among others.

Company Name Domain Founded year HQ Location Description
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Utility-scale renewable energy projects are developed by Enel X.
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Solar energy projects are developed and operated by Lightsource BP.
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Energy production and transportation are conducted by Dominion Energy.
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Solar energy projects are developed for commercial and industrial clients.
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Solar energy projects are developed for residential and commercial applications.
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Utility-scale and commercial solar projects are developed worldwide.
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Detailed competitors of ZTRIC

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Latest news on Ztric

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Complete news archive for ZTRIC

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Frequently Asked Questions about ZTRIC

ZTRIC was founded in 2015 and raised its 1st funding round 9 years after it was founded.

ZTRIC is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

Jayant Mhetar is the current CEO of ZTRIC. They have also founded this company.

ZTRIC is a funded company, having raised a total of $6.08M across 1 funding round to date.

As of Apr 08, 2024, the latest employee count at ZTRIC is 31.

Annual revenue of ZTRIC is $2.12M as on Mar 31, 2023.

ZTRIC was founded in 2015 as an Indian company focused on solar energy services for commercial clients. Data is collected through the proprietary Energy Intelligence Platform to inform the design of solar solutions. Monitoring applications are supplied for ongoing system oversight. Completed projects include a 40kW installation for Shobha Ivory and a 25kW system for Sai Services, with operations centered in Austin, United States.

ZTRIC's top competitors include Enel X, Lightsource BP and CleanMax.

ZTRIC offers Solar Solutions, Solar Park Projects, Battery Energy Storage, and Operation and Maintenance.

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