Sunrun

company

About

Sunrun provides residential solar electricity and solar power services for homeowners.

  • 1001 - 5000

Details

Last Funding Type
Series C
Last Funding Money Raised
$55M
Industries
Clean Energy,Energy,Renewable Energy,Solar
Founded date
Jan 1, 2007
Number Of Employee
1001 - 5000
Operating Status
Active

Sunrun is a United States-based provider of residential solar electricity and solar power services for homeowners. It invented a model known as solar service allowing homeowners to pay for the power, not the panels. It owns, maintains, and monitors the system while homeowners pay for the electricity it produces at a low, locked-in rate, saving them money over time.


Sunrun operates in twelve states that include Arizona, California, Colorado, Hawaii, Massachusetts, Maryland, New Jersey, New York, Nevada, Pennsylvania, Oregon, and Connecticut. Each business day it puts 2 million U.S. dollars’ worth of solar onto people’s roofs and facilitates one solar installation every 10 minutes. The company’s network of over 30 solar installers employs more than 3,000 people.


Sunrun was founded in 2007 by Edward Fenster, Lynn Jurich, and Nat Kreamer. It is headquartered in San Francisco, C.A.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
5
$516.60M
Sunrun has raised a total of $516.60M in funding over 2 rounds. Their latest funding was raised on Jan 19, 2016 from a Post-IPO Debt round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jan 19, 2016 Post-IPO Debt $250M 1 Investec Detail
May 15, 2014 Series E $150M 1 Detail
Oct 24, 2013 Grant $1.60M 1 SunShot Initiative fund Detail
May 23, 2012 Series D $60M 1 Detail
Jun 29, 2010 Series C $55M 1 Sequoia Capital Detail

Investments

Number of Investments
Number of Lead Investments
1
0
Sunrun has made 1 investments. Their most recent investment was on Aug 24, 2022, when Lunar Energy raised $300M.
Date Company Name
Round Money Raised Industry Lead Investor
Aug 24, 2022 Lunar Energy
Corporate Round $300M Clean Energy

Investors

Number of Lead Investors
Number of Investors
3
3
Sunrun is funded by 3 investors. Investec and SunShot Initiative fund are the most recent investors.
Investor Name Lead Investor Funding Round
Investec Yes Post-IPO Debt
SunShot Initiative fund Yes Grant
Sequoia Capital Series E