SmartSolar

Renewable EnergySeedHo Chi Minh City, Vietnamsmartsolar.com.vn

Latest round

Seed

Last raised

Mar 2025

Total raised

$1.9M

Investors

3

About SmartSolar

Founded in 2024, SmartSolar focuses on solar energy solutions, helping clients transition to renewable sources. The company is headquartered in Ho Chi Minh City, Vietnam. The founder's background details are currently unavailable. SmartSolar specializes in providing solar energy solutions for residential and commercial clients in Vietnam, focusing on the installation of rooftop solar panel systems. Their core service includes a seamless evaluation process where homeowners input their property details into an online calculator to receive automated quotes, allowing for tailored solar energy solutions based on individual electricity consumption patterns and roof configuration. SmartSolar's offerings cater to various customer segments, including families, small businesses, and larger facilities such as warehouses and farms, effectively addressing common energy challenges like high electricity bills and dependency on conventional power sources. The company employs a comprehensive approach by partnering with reputable solar panel installation teams to ensure high-quality service delivery, with a commitment to ongoing operational support for up to 25 years.SmartSolar generates revenue primarily through the installation of solar energy systems, structured around a model that minimizes upfront costs for customers. This model allows clients to pay a low monthly fee that is often lower than their previous electricity bills, facilitating immediate savings. The transaction structure is characterized by direct-to-consumer interactions, where customers receive personalized assessments and quotes, resulting in a straightforward commitment to the installation of solar systems without significant initial investments.1 kW systems for residential use and 60 kW systems for larger commercial entities, ensuring a wide range of options to meet differing energy demands. This transactional approach not only enhances customer acquisition but also fosters long-term relationships through continuous support and maintenance of installed systems.

Who invested in SmartSolar

3 investors across 1 round

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Funding rounds

  1. Seed

    Mar 3, 2025

    Amount

    $1.9M

    Investors

    Locked

Questions about SmartSolar

Who invested in SmartSolar?

SmartSolar has 3 investors 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 SmartSolar raised?

SmartSolar has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did SmartSolar last raise money?

SmartSolar's most recent round on record is a Seed, in Mar 2025.

What does SmartSolar do?

Founded in 2024, SmartSolar focuses on solar energy solutions, helping clients transition to renewable sources.

Where is SmartSolar headquartered?

SmartSolar is headquartered in Ho Chi Minh City, Vietnam.

Which VCs invest in companies like SmartSolar?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Peak XV Partners, MPCi and Luminous Ventures back renewable energy companies at SmartSolar's stage. Their profiles are linked below.

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