Project Solar
Latest round
- Series A
Last raised
- Jun 2022
Total raised
- $18M
Investors
- 1
About Project Solar
In 2020, the company was co-founded by Trevor Hiltbrand, who noticed the over pricing problem in the US, and together with Matthew Smith, an e-commerce background entrepreneur, they built a DIY installation system, which later became Project Solar. The company operates as an online solar panel installation service provider. It uses Q-Cells® black-on-black panels, Enphase® microinverters, and Iron Ridge® racking to build solar panels. Besides, the company also provides DIY service, which offers customer the basic equipment and materials to install a solar panel by themselves, but with a lower price.75 per watt and Enphase Battery for 9,796 per installation. The company's customer service is a chatbot called Jeff. Project Solar is on track to having 30 megawatts of solar installed this year, with the goal of installing 150 megawatts during 2023.
Who invested in Project Solar
1 investor across 1 round
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Funding rounds
Series A
Jun 3, 2022
Amount
$18M
Investors
Questions about Project Solar
Who invested in Project Solar?
Project Solar has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Project Solar raised?
Project Solar has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Project Solar last raise money?
Project Solar's most recent round on record is a Series A, in Jun 2022.
What does Project Solar do?
In 2020, the company was co-founded by Trevor Hiltbrand, who noticed the over pricing problem in the US, and together with Matthew Smith, an e-commerce background entrepreneur, they built a DIY installation system, which later became Project Solar.
Where is Project Solar headquartered?
Project Solar is headquartered in Lehi, US.
Which VCs invest in companies like Project Solar?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back renewable energy companies at Project Solar's stage. Their profiles are linked below.
VCs backing renewable energy startups at Series A
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