# Erthos

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/erthos-2

- Industry: Renewable Energy
- Headquarters: Tempe, US
- Website: www.erthos.com
- Total disclosed funding: $29M
- Latest round: Series C (Aug 31, 2023)
- Investors on record: 1

## About

Based in Arizona, US, and founded in 2019, Erthos, Inc. operates as a solar energy technology company that develops a ground-mounted solar system to produce energy enabling solar power plants to reduce their costs. In February 2022, Erthos, Inc. raised USD 13.5 million in a Series B funding led by Capricorn Management. As of February 2022, Jim Tyler is the CEO of Erthos, Inc.

Erthos provides Earth Mount Solar PV, a development platform that acts as a solar architect for project engineers and developers. Earth Mount Solar PV allows developers to create plant designs along with estimate cost, predict energy, land usage, and building time, as well as by eliminating structural steel and installing solar modules. The company also offers technology licensing to the manufacturers for manufacture, use, and sell ErthCompatible solar modules. In addition, Erthos also offers operations and maintenance services, as well as partners with Directional Services, an installer of utility-scale solar.

The company plans to use its proceeds from February 2022 funding to hire additional manpower and to support its product development in the areas of modeling software, robotic cleaning, and system analytics.

## Funding rounds

- Series C, Aug 31, 2023, $15M — Capricorn Investment Group
- Series B, Feb 15, 2022, $14M — Capricorn Investment Group

## Investors

- Capricorn Investment Group (https://capitalatlas.ai/funds/capricorn-investment-group) — Series B, Series C