SolarSquare Overview
- Year Founded
-
2015
- Status
-
Private
- Employees
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2,605
- Latest Deal Type
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Series C
- Latest Deal Amount
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$53M
- Investors
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27
SolarSquare General Information
Description
Developer of a solar power system designed to drive mass adoption of rooftops that convert sunlight into usable electricity. The company designs, installs, and maintains rooftop solar systems for homes, apartments, and small commercial establishments, enabling clients to achieve their sustainability goals and save on energy costs.
Contact Information
Website
www.solarsquare.inCorporate Office
- 1101-B, 11th Floor, Suvidha Square
- Junction of S.V.Road and Caeser Road, Besides Amboli, Andheri
- Mumbai, Maharashtra 400058
- India
Corporate Office
- 1101-B, 11th Floor, Suvidha Square
- Junction of S.V.Road and Caeser Road, Besides Amboli, Andheri
- Mumbai, Maharashtra 400058
- India
SolarSquare Timeline
SolarSquare Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Later Stage VC (Series C) | 12-Jun-2026 | $53M | Completed | Generating Revenue | ||
| 6. Later Stage VC (Series B2) | 11-Dec-2024 | Completed | Generating Revenue | |||
| 5. Later Stage VC | 16-May-2024 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series A) | 03-Nov-2022 | Completed | Generating Revenue | |||
| 3. Later Stage VC | 15-Jan-2022 | Completed | Generating Revenue | |||
| 2. Early Stage VC | 01-Mar-2018 | $80.7K | $153K | Completed | Generating Revenue | |
| 1. Early Stage VC | 28-Aug-2017 | $72.6K | $72.6K | Completed | Startup |
SolarSquare Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B2 CCPS | ||||||||
| Series B CCPS | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Series A CCPS | ||||||||
| Ordinary | ||||||||
| CCPS | 13,265 | $0.118292 | $266.75 | $266.75 | 1x | $266.75 | 15.06% | |
| Ordinary | 24,625 | $0.118292 | $4.73 | $4.73 | 1x | $4.73 | 27.96% |
VC Exit Predictor
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Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
SolarSquare Comparisons
Industry
Financing
Details
SolarSquare Competitors (4)
One of SolarSquare’s 4 competitors is Freyr Energy, a Venture Capital-Backed company based in Hyderabad, India.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Freyr Energy | Venture Capital-Backed | Hyderabad, India | ||||
| Cleantech Solar | Private Equity-Backed | Singapore, Singapore | ||||
| ZunRoof Tech | Formerly VC-backed | Gurgaon, India | ||||
| MySun | Venture Capital-Backed | Noida, India |
SolarSquare Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
SolarSquare Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
SolarSquare Investors (27)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| B Capital Group | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| NGP Capital | Venture Capital | Minority | ||
| Zerodha | Corporation | Minority | ||
| Lightrock | Growth/Expansion | Minority |
SolarSquare Acquisitions (1)
SolarSquare’s most recent deal was a Merger/Acquisition with PV Diagnostics. The deal was made on 14-Feb-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| PV Diagnostics | 14-Feb-2024 | Merger/Acquisition | Other Energy Services |
SolarSquare FAQs
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When was SolarSquare founded?
SolarSquare was founded in 2015.
-
Where is SolarSquare headquartered?
SolarSquare is headquartered in Mumbai, India.
-
What is the size of SolarSquare?
SolarSquare has 2,605 total employees.
-
What industry is SolarSquare in?
SolarSquare’s primary industry is Alternative Energy Equipment.
-
Is SolarSquare a private or public company?
SolarSquare is a Private company.
-
What is the current valuation of SolarSquare?
The current valuation of SolarSquare is .
-
What is SolarSquare’s current revenue?
The current revenue for SolarSquare is .
-
How much funding has SolarSquare raised over time?
SolarSquare has raised $114M.
-
Who are SolarSquare’s investors?
B Capital Group, , NGP Capital, Zerodha, and Lightrock are 5 of 27 investors who have invested in SolarSquare.
-
Who are SolarSquare’s competitors?
Freyr Energy, Cleantech Solar, ZunRoof Tech, and MySun are competitors of SolarSquare.
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