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Tuesday, September 24, 2019

Complete Solar Raises $9M in Funding

Complete Solar, a San Ramon, CA-based solar tech company, raised $9M in equity funding.

The round was led by Ecosystem Integrity Fund with participation from the Libra Foundation.

The company intends to use the funds to expand:

– its market reach, which includes enabling non-solar sales channels to grow their respective product offerings through its reseller program amd

– its product offerings to include electric car chargers, battery back-up systems, electric heat pumps, roofing, and other home energy upgrades by cross promoting its partners’ energy products.

Led by CEO Will Anderson, Complete Solar provides a platform offering sales tools and diverse financing options to companies looking to offer solar energy systems to homeowners. Since 2016, the company has partnered with over 100 companies across California, New Jersey, Massachusetts, New York, Connecticut, Utah and Arizona, which specialize in solar sales as well as established companies in adjacent fields, such as HVAC companies, roofing companies, and new home builders.

Source. FinSMEs, September, 23, 2019

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