# Reel Solar

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

- Industry: Renewable Energy
- Headquarters: San Jose, US
- Website: reelsolar.com
- Total disclosed funding: $19M
- Latest round: Series B (Mar 28, 2013)
- Investors on record: 5

## About

Reel Solar is a specialized company that focuses on providing premium domain names primarily for the renewable energy industry, enhancing the online presence of businesses in solar energy.Reel Solar, founded in 2009 and headquartered in San Jose, US, specializes in premium domain names in the renewable energy sector. The firm has undergone strategic shifts to focus on the growing demand for solar energy branding. The company has secured a total of USD 4.00 mn through funding, with the latest round being a Series B investment completed on June 1, 2014, with contributions from Mayfield Fund, Nth Power, and Pangaea Ventures. It has executed a total of 3 deals to date.ReelSolar specializes in the sale of premium domain names, focusing on the renewable energy sector. Their flagship product, the domain name ReelSolar.com, targets businesses in solar energy, including installation and consulting. Services offered encompass domain name registration, brand identity design, and trademark validation through online tools. Clients range from startups to established corporations aiming to strengthen their branding in the renewable energy market across North America, Europe, and Asia.ReelSolar generates revenue through the direct sale of domain names, including a purchase protection guarantee. The flagship domain, ReelSolar.com, is priced at USD 4,995, and clients have the option of payment plans. Additional revenue streams include trademark validation and branding consultations, as well as logo design and brand development tools to assist clients in establishing a robust corporate identity.Reel Solar plans to continue expanding its offerings in premium domain names targeting the renewable energy sector. The company aims to leverage recent funding to enhance its online tools for easier domain registration and brand development. While specifics on new product launches have not been provided, there is an ongoing strategy for geographic expansion into additional markets within Europe and Asia, to be developed further following the most recent deal on June 1, 2014.

## Funding rounds

- Series B, Mar 28, 2013, $4M — Mayfield Fund, Nth Power, Pangaea Ventures
- Series B, Nov 30, 2011, $15M — Mayfield Fund, Presidio Partners, Pangaea Ventures, California Clean Energy Fund

## Investors

- Mayfield Fund (https://capitalatlas.ai/funds/mayfield-fund) — Series B
- Presidio Partners (https://capitalatlas.ai/funds/presidio-partners) — Series B
- Pangaea Ventures (https://capitalatlas.ai/funds/pangaea-ventures) — Series B
- California Clean Energy Fund (https://capitalatlas.ai/funds/california-clean-energy-fund) — Series B
- Nth Power (https://capitalatlas.ai/funds/nth-power) — Series B