# HelioVolt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/heliovolt

- Industry: Renewable Energy
- Headquarters: Austin, US
- Website: www.heliovolt.net
- Total disclosed funding: $109M
- Latest round: Series B (Oct 22, 2007)
- Investors on record: 8

## About

HelioVolt is a technology company focused on developing innovative energy-efficient products and sustainable home improvement solutions for consumers and businesses across multiple markets.Founded in 2001 and headquartered in Austin, US, HelioVolt specializes in energy-efficient technologies. The firm was established by Billy Stanbery, who has a history of entrepreneurial ventures in the tech sector. HelioVolt has successfully raised USD 19.00 mn through a recent funding round on August 3, 2013, consolidating its total amount raised at USD 19.00 mn. The company has engaged in 7 different deals to date.HelioVolt specializes in a diverse range of products and services focused on energy efficiency, green living solutions, and home improvement technologies. Their core offerings include energy-saving home appliances, eco-friendly home décor, and services designed to enhance residential sustainability. Targeting a broad customer base, including homeowners, businesses, and contractors, particularly in urban markets such as the United States, Canada, and Australia, their products address common homeowner issues like reducing energy consumption and improving indoor air quality through innovative technologies.The company's revenue streams are primarily generated through direct sales of energy-efficient products and home improvement services to consumers and businesses. Transactions are structured around direct-to-consumer sales and partnerships with retailers and wholesalers, allowing for widespread distribution of their flagship products. Customers engage in one-time purchases as well as subscription services for ongoing maintenance and support for their eco-friendly systems, with a range of eco-friendly appliances and home improvement options tailored to various consumer needs.HelioVolt plans to leverage recent funding of USD 19.00 mn from August 2013 to expand its product line and enhance its market presence. The company is designing new energy-efficient products aimed at reducing energy use and improving sustainability, with anticipated launches in 2014. Furthermore, HelioVolt is targeting expansion into Canadian and Australian markets by 2015, seeking to broaden its reach and customer base in these regions.

## Funding rounds

- Series B, Oct 22, 2007, $24M — Sequel Venture Partners, Noventi Ventures, Passport Capital
- Series B, Aug 15, 2007, $77M — New Enterprise Associates, Paladin Capital Group, Yellowstone Capital Partners, Noventi Ventures, Masdar, MSDW Venture Partners
- Series A, Jun 20, 2005, $8M — New Enterprise Associates

## Investors

- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series A, Series B
- Paladin Capital Group (https://capitalatlas.ai/funds/paladin-capital-group) — Series B
- Yellowstone Capital Partners (https://capitalatlas.ai/funds/yellowstone-capital-partners) — Series B
- Noventi Ventures (https://capitalatlas.ai/funds/noventi-ventures) — Series B
- Masdar (https://capitalatlas.ai/funds/masdar) — Series B
- MSDW Venture Partners (https://capitalatlas.ai/funds/msdw-venture-partners) — Series B
- Sequel Venture Partners (https://capitalatlas.ai/funds/sequel-venture-partners) — Series B
- Passport Capital — Series B