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Sungevity
Business Summary
Sungevity is a privately-held online provider of residential solar energy solutions. Sungevity offers users the ability to explore residential solar energy solutions online and and receive a quote on the installation of a residential solar energy system without any site visits. Sungevity also offers innovative financing programs to residential customers. The company was founded in 2007 and is headquartered in Oakland, California.
Overview & Corporate Organization
Basic Information
| Company Tags: | PE Backed VC Backed |
| Fiscal Year End: | 12/31 |
| 1YR Revenue Growth Rate: | View % |
| 3YR Revenue Growth Rate (CAGR): | View % |
| 1YR Employee Growth Rate: | View % |
| 3YR Employee Growth Rate (CAGR): | View % |
| City: | Oakland |
| State/Province: | California |
| Country: | United States |
| Phone: | View |
| Website: | www.sungevity.com |
Corporate Organization
| Founders: | Alec Guettel Danny Kennedy |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
| Clean Energy Technology > Solar Energy > Management & Installation (Solar) |
| Clean Energy Technology > Solar Energy > Solar Systems |
| Clean Energy Technology > Solar Energy > Technologies & Equipment |
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Competitors & Comparables
Charts, Financials, and Statistics (Table Format)
Copy & Paste Financials Into Spreadsheet or
| Financial Notes: | |
| * | Sungevity fiscal year end: 12/31 |
Charts, Financials, and Statistics (Graphs)
(Copy and paste into spreadsheet or export all Sungevity financials to Excel and create your own graphs.)
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Sungevity Revenues ($ MM): |
Sungevity Total Employees: |
Sungevity Productivity (Revenue/Employee) ($): |
Mergers & Acquisitions
| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | Nov. 2011 | Completed | View | View | Minority Stake Purchase | View |
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VC/Funding Activity
| Date | Investor | Round | Investor Type | |
| Dec. 2007 | View | A | Venture Capital | |
| Dec. 2007 | View | A | Venture Capital | |
| Details | Total Round A View | |||
| Sep. 2009 | View | B | Venture Capital | |
| Details | Total Round B View | |||
| Dec. 2010 | View | C | Private Equity | |
| Dec. 2010 | View | C | Private Equity | |
| Dec. 2010 | View | C | Venture Capital | |
| Details | Total Round C View | |||
| Jan. 2011 | View | D | ||
| Details | Total Round D1 View | |||
| Aug. 2011 | View | Project Financing | Corporate | |
| Details | Total Round Project Financing View | |||
| Sep. 2011 | View | Debt Funding | ||
| Details | Total Round Debt Funding View | |||
| Oct. 2011 | View | Project Financing | Corporate | |
| Details | Total Round Project Financing View | |||
| Jan. 2012 | View | Venture Round | ||
| Details | Total Round Venture Round View | |||
| Jun. 2012 | View | Venture Round | ||
| Details | Total Round Venture Round View | |||
| Jan. 2013 | View | Venture Financing | Private Equity | |
| Jan. 2013 | View | Venture Financing | Corporate | |
| Jan. 2013 | View | Venture Financing | Venture Capital | |
| Jan. 2013 | View | Venture Financing | Private Equity | |
| Jan. 2013 | View | Venture Financing | Private Equity & Venture Capital | |
| Details | Total Round Venture Financing View | |||
| Jan. 2013 | View | Financing | Private Equity | |
| Jan. 2013 | View | Financing | ||
| Details | Total Round Financing View | |||
| Total of Funding Shown Above View | ||||
| 1 | As of Jan 16, 2011,...Read More → |
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Detailed Business Description: Sungevity
Sungevity, Inc. Business Overview
Sungevity, Inc. is a privately-held online provider of residential solar energy solutions. Sungevity offers users the ability to explore residential solar energy solutions online and and receive a quote on the installation of a residential solar energy system without any site visits. Sungevity utilizes satellite imaging technology to assess residential rooftops for solar panels. Sungevity’s software is able to analyze rooftops for surface area, pitch, local solar radiation, the angle towards the sun, among other factors. This analysis enables Sungevity to offer price estimates and design options to the potential residential customer in less than 24 hours. Sungevity’s proprietary use of software and satellite imaging eliminates the typical need for multiple site visits which significantly reduces labor costs.
Customers can sign up directly online and once a contract is signed, Sungevity manages the project due diligence necessary to begin… Continue Reading →
Supplemental Resources
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