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SunRun, Inc.
Business Summary
SunRun, Inc. is a privately-held solar technology company that specializes in the financing, installation, and maintenance of residential solar energy solutions. Through several distribution partnerships, the company serves over 1,000 cities across 10 states. SunRun, Inc. was founded in 2007 by Lynn Jurich and Edward Fenster. SunRun, Inc. headquarters are located in San Francisco, California.
Overview & Corporate Organization
Basic Information
| Company Tags: | PE Backed VC Backed Woman Owned |
| Year Founded: | 2007 |
| Fiscal Year End: | 12/31 |
| 1YR Revenue Growth Rate: | View % |
| 1YR Employee Growth Rate: | View % |
| City: | San Francisco |
| State/Province: | California |
| Country: | United States |
| Phone: | View |
| Website: | www.sunrunhome.com |
Corporate Organization
| Founders: | Edward Fenster Lynn Jurich |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
| Clean Energy Technology > Solar Energy > Management & Installation (Solar) |
| Clean Energy Technology > Solar Energy > Photovoltaic Solar Energy |
| Clean Energy Technology > Solar Energy > Thin Films |
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especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.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
| Income Statement | 2011 | 2010 | 2009 |
| Revenues | View | View | View |
| Cost of Goods Sold (Cost of Sales) | View | View | View |
| Gross Profit | View | View | View |
| Selling, General & Administrative Expenses | View | View | View |
| Depreciation | View | View | View |
| Total Operating Expenses | View | View | View |
| Operating Income (Loss) | View | View | View |
| Net Income (Loss) | View | View | View |
| Employee Figures | 2011 | 2010 | 2009 |
| Total Employees | View | View | View |
| Productivity (Revenue/Employee) | View | View | View |
| Financial Notes: | |
| * | SunRun, Inc. fiscal year end: 12/31 |
Charts, Financials, and Statistics (Graphs)
(Copy and paste into spreadsheet or export all SunRun, Inc. financials to Excel and create your own graphs.)
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SunRun, Inc. Revenues ($ MM): |
SunRun, Inc. Cost of Goods Sold (Cost of Sales) ($ MM): |
SunRun, Inc. Gross Profit ($ MM): |
SunRun, Inc. Selling, General & Administrative Expenses ($ MM): |
SunRun, Inc. Depreciation ($ MM): |
SunRun, Inc. Total Operating Expenses ($ MM): |
SunRun, Inc. Operating Income (Loss) ($ MM): |
SunRun, Inc. Net Income (Loss) ($ MM): |
SunRun, Inc. Total Employees: |
SunRun, Inc. Productivity (Revenue/Employee) ($): |
VC/Funding Activity
| Date | Investor | Round | Investor Type | |
| Jun. 2008 | View | A | Venture Capital | |
| Jun. 2008 | View | A | Angel / Individual | |
| Jun. 2008 | View | A | Angel / Individual | |
| Details | Total Round A View | |||
| Nov. 2008 | View | Project Financing | Corporate | |
| Details | Total Round Project Financing View | |||
| Jul. 2009 | View | B | Venture Capital | |
| Jul. 2009 | View | B | Venture Capital | |
| Details | Total Round B View | |||
| Dec. 2009 | View | Project Financing | Corporate | |
| Details | Total Round Project Financing View | |||
| Jun. 2010 | View | Project Financing | Corporate | |
| Details | Total Round Project Financing View | |||
| Jun. 2010 | View | C | Venture Capital | |
| Jun. 2010 | View | C | Venture Capital | |
| Jun. 2010 | View | C | Venture Capital | |
| Details | Total Round C1 View | |||
| May. 2011 | View | Project Financing | Corporate | |
| Details | Total Round Project Financing View | |||
| May. 2012 | View | Venture Financing | Private Equity & Venture Capital | |
| May. 2012 | View | Venture Financing | Venture Capital | |
| May. 2012 | View | Venture Financing | Venture Capital | |
| May. 2012 | View | Venture Financing | Venture Capital | |
| Details | Total Round Venture Financing View | |||
| Jul. 2012 | View | Project Financing | Corporate | |
| Details | Total Round Project Financing View | |||
| Total of Funding Shown Above View | ||||
| 1 | SunRun sold $2,720,271...Read More → |
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Detailed Business Description: SunRun, Inc.
Business Overview
Founders Lynn Jurich and Edward Fenster founded SunRun, Inc. on the premise that the “solar as a service” business model used for commercial office buildings could be applied to the residential market. In the “solar as a service” model for commercial offices, solar developers installed solar panels and building owners signed long-term maintenance and power supply contracts with the solar developer. In 2007, SunRun, Inc. was the first to offer a Power Purchase Agreement (PPA) for residential solar.
As part of a Power Purchase Agreement (PPA), SunRun provides financing, installation, maintenance and insurance for residential solar systems. Residential customers sign 20-year agreements to pay a monthly fixed rate for the solar electricity generated by the newly installed system. Customers' monthly bills are typically less or even with what they’re paying their normal utility company. Some states and cities have different regulations and… Continue Reading →
Supplemental Resources
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