Solstice Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 55

Employees

  • Latest Deal Type
  • Accelerator/​Inc

  • Investors
  • 2

Solstice General Information

Description

Developer of a digital solar energy management platform designed to make local, renewable energy accessible to every American through community-shared solar power. The company's platform helps users to subscribe to a shared solar farm, accelerating the deployment of community solar projects by helping those who rent their homes or possess a non-optimal roof to have access to the solar market, enabling households to save money on their utility bill without requiring a rooftop or any upfront costs.

Contact Information

Website
www.solstice.us
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 160 Alewife Brook Parkway
  • Suite 1048
  • Cambridge, MA 02138
  • United States
+1 (866)
Primary Industry
Other Energy Services
Parent Company
Mitsui & Co. Alternative Investments
Vertical(s)
CleanTech, LOHAS & Wellness, Manufacturing, Climate Tech
Corporate Office
  • 160 Alewife Brook Parkway
  • Suite 1048
  • Cambridge, MA 02138
  • United States
+1 (866)

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Solstice Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
23. Accelerator/Incubator Completed Generating Revenue
22. Merger/Acquisition 12-Oct-2022 Completed Generating Revenue
21. Seed Round 15-Jan-2021 Completed Generating Revenue
20. Debt - PPP 13-Apr-2020 Completed Generating Revenue
19. Later Stage VC 01-Aug-2019 Completed Generating Revenue
18. Seed Round 28-Feb-2019 Completed Generating Revenue
17. Seed Round 21-Dec-2018 Completed Generating Revenue
16. Accelerator/Incubator 30-Oct-2017 Completed Generating Revenue
15. Seed Round 11-Sep-2017 $305K Completed Generating Revenue
14. Seed Round $305K Completed Startup
To view Solstice’s complete valuation and funding history, request access »

Solstice Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Seed
To view Solstice’s complete cap table history, request access »

Solstice Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a digital solar energy management platform designed to make local, renewable energy accessible to every Ame
Other Energy Services
Cambridge, MA
55 As of 2022

Melbourne, Australia
 

South Plainfield, NJ
 
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Solstice Competitors (17)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Allume Energy Venture Capital-Backed Melbourne, Australia
Momentum Solar Private Equity-Backed South Plainfield, NJ
Sun Exchange Venture Capital-Backed Muizenberg, South Africa
Ampion (Other Energy Services) Formerly VC-backed Boston, MA
Southern Current Formerly PE-Backed Charleston, SC
You’re viewing 5 of 17 competitors. Get the full list »

Solstice Executive Team (13)

Name Title Board Seat
Sandhya Murali Chief Executive Officer & Founder
Koichiro Takagishi Chief Financial Officer
Craig Armstrong Chief Operating Officer
Kei Hayakawa Chief Strategy Officer
You’re viewing 4 of 13 executive team members. Get the full list »

Solstice Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Solstice Former Investors (50)

Investor Name Investor Type Holding Investor Since Participating Rounds
Able Partners Venture Capital Minority
Active Impact Investments Venture Capital Minority
Amplifyher Ventures Venture Capital Minority
Ana Carolina Freire Gentil Angel (individual) Minority
Chris Anderson Angel (individual) Minority
You’re viewing 5 of 50 investors. Get the full list »

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Solstice FAQs

  • When was Solstice founded?

    Solstice was founded in 2014.

  • Who is the founder of Solstice?

    Sandhya Murali, Stephanie Speirs, and Steve Moilanen are the founders of Solstice.

  • Who is the CEO of Solstice?

    Sandhya Murali is the CEO of Solstice.

  • Where is Solstice headquartered?

    Solstice is headquartered in Cambridge, MA.

  • What is the size of Solstice?

    Solstice has 55 total employees.

  • What industry is Solstice in?

    Solstice’s primary industry is Other Energy Services.

  • Is Solstice a private or public company?

    Solstice is a Private company.

  • What is Solstice’s current revenue?

    The current revenue for Solstice is .

  • How much funding has Solstice raised over time?

    Solstice has raised $6.14M.

  • Who are Solstice’s investors?

    Able Partners, Active Impact Investments, Amplifyher Ventures, Ana Carolina Freire Gentil, and Chris Anderson are 5 of 50 investors who have invested in Solstice.

  • Who are Solstice’s competitors?

    Allume Energy, Momentum Solar, Sun Exchange, Ampion (Other Energy Services), and Southern Current are some of the 17 competitors of Solstice.

  • Who acquired Solstice?

    Solstice was acquired by Mitsui & Co. Alternative Investments.

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