SunRun Receives $55,000,000 Series C Round

  • Feed Type
  • Date
    6/29/2010
  • Company Name
    SunRun
  • Mailing Address
    717 Market Street San Francisco, CA 94103
  • Company Description
    SunRun is the nation’s first residential solar electricity provider. Pioneering “solar as a service,” SunRun offers the only low-cost, zero-hassle way for homeowners to go solar and is also the only company that lets homeowners lock in an electricity rate that is lower than utility rates and never increases.
  • Website
    http://www.sunrunhome.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $55,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    This funding round follows an announcement by SunRun and PG&E Corporation earlier this month of a $100 million tax equity project financing agreement to fund SunRun’s installation of more than 3,500 new home solar installations across the nation.
  • M&A Terms
  • Venture Investor
    Sequoia Capital
  • Venture Investor
    Accel Partners
  • Venture Investor
    Foundation Capital

By posting a comment, you agree to our terms and conditions.