# Southwest Windpower

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/southwest-windpower

- Industry: Renewable Energy
- Headquarters: Flagstaff, US
- Website: www.windenergy.com
- Total disclosed funding: $42M
- Latest round: Series E (Apr 28, 2011)
- Investors on record: 6

## About

Southwest Windpower specializes in the design and manufacture of small wind turbines, providing sustainable energy solutions for residential and commercial applications across various markets.Founded in 1981 and headquartered in Flagstaff, US, Southwest Windpower focuses on renewable energy through the production of small wind turbines. The company has changed hands with its most recent deal occurring in July 2013 when it was sold to XZERES Wind. Over its lifetime, it has completed 11 deals and raised a total of USD 6.95 mn, with its latest funding round being in 2013 for USD 6.95 mn.The company offers a diverse range of products including small wind turbines designed for various applications. Their core offerings provide reliable renewable energy solutions aimed at enhancing operational efficiency for businesses and consumers. The products are tailored to address energy needs across different sectors, ensuring customers have access to viable energy options that contribute to reduced utility costs. Southwest Windpower serves a broad client base, including residential users and businesses in North America, Europe, and Asia-Pacific, with a strong focus on innovation to maintain relevance in a competitive market.The company generates revenue through both business-to-business (B2B) transactions and direct-to-consumer sales. Client engagements typically involve subscription-based services, allowing businesses to utilize the company's products over a specified term. The company’s revenue model includes tiered pricing plans that cater to varying service levels, encouraging long-term partnerships and consistent renewals, thereby establishing a steady stream of income.Southwest Windpower is poised for growth with plans to expand its product offerings and enter new markets. The company is currently designing new products aimed at enhancing energy efficiency, targeting a release date in late 2024. Additionally, there are intentions to expand into the European and Asia-Pacific markets by 2025, leveraging opportunities in these regions to capture a broader customer base. The funding received in July 2013 is expected to support these initiatives, particularly in product development and market entry strategies.

## Funding rounds

- Series E, Apr 28, 2011, $12M — Altira Group, RockPort Capital Partners
- Series C, Jul 31, 2009, $6.3M — RockPort Capital Partners, Pacific Corporate Group, Altira Group, General Electric Company, NGP Energy Technology Partners
- Series C, Mar 12, 2009, $8.6M — RockPort Capital Partners, Chevron Technology Ventures, Altira Group, General Electric Company, NGP Energy Technology Partners
- Series B, May 15, 2007, $6.5M — Altira Group, RockPort Capital Partners, Chevron Technology Ventures, NGP Energy Technology Partners
- Series B, Feb 24, 2006, $8M — RockPort Capital Partners, Chevron Technology Ventures, Altira Group

## Investors

- RockPort Capital Partners (https://capitalatlas.ai/funds/rockport-capital-partners) — Series B, Series C, Series E
- Chevron Technology Ventures (https://capitalatlas.ai/funds/chevron-technology-ventures) — Series B, Series C
- Altira Group (https://capitalatlas.ai/funds/altira-group) — Series B, Series C, Series E
- NGP Energy Technology Partners (https://capitalatlas.ai/funds/ngp-energy-technology-partners) — Series B, Series C
- General Electric Company — Series C
- Pacific Corporate Group (https://capitalatlas.ai/funds/pacific-corporate-group) — Series C