# PosiGen

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

- Industry: Renewable Energy
- Headquarters: US
- Website: www.posigen.com/
- Total disclosed funding: $228M
- Latest round: Series E (Jan 5, 2022)
- Investors on record: 13

## About

Based in the US, PosiGen Inc. is a provider of affordable solar energy solutions, focusing on innovative solar leasing programs that eliminate financial barriers for homeowners.PosiGen Inc. is a company that specializes in solar energy solutions, founded in 2011 in Los Angeles, US. The company has completed 15 different deals, reflecting its growth in the renewable energy sector. PosiGen was co-founded by Thomas Neyhart, who has a history of involvement in renewable energy ventures. The company's operations extend across eight states, including Connecticut, Louisiana, Massachusetts, Mississippi, New Jersey, Pennsylvania, and Rhode Island.PosiGen specializes in providing affordable solar energy solutions tailored to homeowners, focusing on solar leasing programs that eliminate traditional financial barriers such as credit scores and income requirements. Their core offerings include customized solar panel installations designed to meet the unique energy needs of each household, which are developed after a thorough assessment of factors such as energy consumption, shading, and seasonal impacts. PosiGen's services are aimed at families seeking to lower their utility bills and embrace renewable energy, thereby contributing to the creation of sustainable communities. The company's products are operational across eight states, including Connecticut, Louisiana, Massachusetts, Mississippi, New Jersey, Pennsylvania, and Rhode Island, serving a diverse customer base that prioritizes cost-effective and accessible solar energy solutions.PosiGen generates revenue primarily through its solar leasing programs, which allow homeowners to adopt solar energy without incurring significant upfront costs. Under this model, clients enter into agreements that typically involve monthly payments based on the energy produced by their solar systems, providing a predictable billing structure that facilitates budgeting for energy expenses. The company's transactions are structured directly with consumers, offering them a straightforward path to energy savings while maintaining a commitment to guarantee savings within the first year of installation. PosiGen's focus on affordability and accessibility is reflected in its customer-centric pricing strategies, which aim to make solar energy practical for a wide range of homeowners.PosiGen Inc. plans to leverage its recent funding from new investor Schmidt Family Foundation to support its initiatives aimed at expanding into new geographic regions. The firm is currently targeting growth in additional markets, although specific regions have not been disclosed. The company is committed to enhancing its product offerings as it develops new solar solutions to meet evolving customer needs. The recent funding will be instrumental in facilitating these expansion plans and supporting product development efforts. In November 2025, PosiGen Inc. filed for chapter 11 bankruptcy protection.

## Funding rounds

- Series E, Jan 5, 2022, $90M — Kresge Foundation, SJF Ventures, Magnetar Capital, The Builders Fund, Emerson Collective, Activate Capital, Irradiant Partners
- Series D, Apr 28, 2021, $27M — SJF Ventures, Kayne Anderson Capital Advisors, Activate Capital
- Series D, Dec 16, 2020, $92M — The Builders Fund, Emerson Collective, The 2040 Fund
- Series C, Jun 16, 2016 — Callais Capital Management
- Series B, Feb 29, 2016, $20M — NewWorld Capital Group, Constellation Technology Ventures, CCM Energy

## Investors

- NewWorld Capital Group (https://capitalatlas.ai/funds/newworld-capital-group) — Series B
- Constellation Technology Ventures (https://capitalatlas.ai/funds/constellation-technology-ventures) — Series B
- CCM Energy (https://capitalatlas.ai/funds/ccm-energy) — Series B
- Callais Capital Management (https://capitalatlas.ai/funds/callais-capital-management) — Series C
- The Builders Fund (https://capitalatlas.ai/funds/the-builders-fund) — Series D, Series E
- Emerson Collective — Series D, Series E
- The 2040 Fund — Series D
- SJF Ventures (https://capitalatlas.ai/funds/sjf-ventures) — Series D, Series E
- Kayne Anderson Capital Advisors (https://capitalatlas.ai/funds/kayne-anderson-capital-advisors) — Series D
- Activate Capital (https://capitalatlas.ai/funds/activate-capital) — Series D, Series E
- Kresge Foundation — Series E
- Magnetar Capital (https://capitalatlas.ai/funds/magnetar-capital) — Series E
- Irradiant Partners (https://capitalatlas.ai/funds/irradiant-partners) — Series E