# FTL Solar

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ftl-solar

- Industry: Renewable Energy
- Headquarters: Austin, US
- Website: www.ftlsolar.com
- Total disclosed funding: $50M
- Latest round: Series A (Jun 4, 2008)
- Investors on record: 1

## About

FTL Solar specializes in solar energy solutions, offering a domain that serves as a digital platform for businesses in the renewable energy sector.Founded in 1998 and headquartered in Austin, US, FTL Solar engages in providing a digital domain centered on solar energy applications. The firm has undergone no significant pivots or changes in operations. In November 2010, FTL Solar raised USD 2.5 mn in Series B financing, marking its most recent funding round and bringing the total amount raised to USD 2.5 mn. The company's founder possesses a history of entrepreneurial ventures, although no specific previous companies are mentioned.FtlSolar.com is currently positioned as a domain for sale, emphasizing its potential utility in the solar energy market. The core offering revolves around the domain itself, which could serve as a digital platform for businesses related to solar energy solutions, such as solar panel installation, maintenance, and renewable energy consulting. Target customers include solar energy companies, environmental organizations, and businesses enhancing their online presence in the renewable energy sector. The geographical markets for the domain are global, appealing to regions prioritizing solar energy, including North America, Europe, and parts of Asia.The revenue model for FtlSolar.com is centered around the sale of the domain, priced at USD 2,395, with an option for customers to engage in a payment plan of USD 199.58 per month over 12 months, which includes no interest. Revenue is generated through the domain purchase, serving as an online asset for businesses looking to establish or enhance their brand in the solar market. The acquisition process is swift, with access granted within one to two hours of purchase, facilitating immediate use for branding and marketing purposes.FTL Solar's strategy for future growth includes the potential exploration of new market opportunities and the development of innovative digital products tailored to the solar energy sector. Based on the financing raised in November 2010, the funds from the Series B financing round will support these initiatives, enhancing their offerings within the renewable energy space. Specific markets targeted for expansion include North America and Europe, with plans to establish a stronger market presence by the end of 2023.

## Funding rounds

- Series A, Jun 4, 2008, $50M — Terra Firma

## Investors

- Terra Firma (https://capitalatlas.ai/funds/terra-firma) — Series A