Sungevity Obtains $15,000,000 Series C Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1d915331-83f9-4b3e-9526-40d9e5586423&Preview=1 -
Date
12/15/2010 -
Company Name
Sungevity -
Mailing Address
816 Bancroft Way Berkeley, CA 94710 -
Company Description
Sungevity is a solar sales company, with a mission to take solar to the mainstream market. Our company has a strong team that brings together successful start-up experience, environmental leadership and solar industry knowledge. Sungevity has designed and launched a unique online sales process to make it easy and affordable for homeowners to go solar. Sungevity’s early success and growth in the Bay Area have proven the power of this approach, jumping to the top-ten list of solar sales companies in California in our first year. Sungevity is now enhancing the customer experience with new online innovations, and increasing our service coverage across the US and beyond. -
Website
http://www.sungevity.com -
Transaction Type
Venture Equity -
Transaction Amount
$15,000,000 -
Transaction Round
Series C -
Proceeds Purposes
Broader resources will allow this company to serve an exploding market for solar leases, enabling more U.S. homeowners to get the benefits of solar without having to front the full cost of their systems. -
M&A Terms
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Venture Investor
Firelake Capital -
Venture Investor
Undisclosed
