Pegasus Solar

Renewable EnergySeries ARichmond, USpegasussolar.com

Latest round

Series A

Last raised

Jul 2018

Total raised

$13M

Investors

2

About Pegasus Solar

Pegasus Solar Inc.Founded in 2012 in Richmond, US, Pegasus Solar Inc. focuses on providing solar installation solutions with a range of racking systems.37 mn.Pegasus Solar specializes in innovative solar installation solutions, focusing on a comprehensive range of racking systems designed to enhance the efficiency and reliability of solar energy setups. Their core products include the SkipRail rail system, InstaFlash flashings, and various mounting accessories that cater to both sloped and flat roofs, enabling installers to optimize time and labor costs. The company’s offerings are particularly relevant for residential and commercial solar installers who seek to streamline the installation process while ensuring compliance with domestic content requirements.Pegasus Solar generates revenue primarily through direct sales of its solar racking systems and accessories to solar installation companies and contractors. Transactions typically occur on a B2B basis, where installers purchase products such as the SkipRail and InstaFlash systems either directly or through approved distributors. The pricing structure is aligned with industry standards, where clients may engage in bulk purchasing agreements or subscription-based arrangements for ongoing supplies of their flagship products. These sales transactions emphasize the company's commitment to providing installers with efficient and cost-effective solutions, thereby fostering long-term partnerships.In July 2018, Pegasus Solar Inc. The company plans to launch additional innovative racking systems designed for emerging market demands by mid-2020. Furthermore, Pegasus Solar aims to expand its operations into new geographic regions, specifically targeting states with increasing solar adoption rates, such as California and Texas, by the end of 2020.

Who invested in Pegasus Solar

2 investors across 3 rounds

See all investors in Pegasus Solar

Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series A

    Jul 10, 2018

    Amount

    $5.4M

    Investors

    Locked

  2. Series A

    Sep 11, 2017

    Amount

    $4.6M

    Investors

    Locked

  3. Seed

    Jun 30, 2015

    Amount

    $2.7M

    Investors

    Locked

Questions about Pegasus Solar

Who invested in Pegasus Solar?

Pegasus Solar has 2 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Pegasus Solar raised?

Pegasus Solar has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Pegasus Solar last raise money?

Pegasus Solar's most recent round on record is a Series A, in Jul 2018.

What does Pegasus Solar do?

Pegasus Solar is a renewable energy company.

Where is Pegasus Solar headquartered?

Pegasus Solar is headquartered in Richmond, US.

Which VCs invest in companies like Pegasus Solar?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back renewable energy companies at Pegasus Solar's stage. Their profiles are linked below.

Raising like Pegasus Solar? Find the right VCs.

Capital Atlas matches your startup to active investors by stage, sector and region.

Free to start. Upgrade when you're ready to reach out.