Sunrun provides residential solar electricity and solar power services for homeowners.
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.
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 |
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Aug 24, 2022
Lunar Energy
|
Corporate Round | $300M | Clean Energy | — |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Investec | Yes | Post-IPO Debt |
SunShot Initiative fund | Yes | Grant |
Sequoia Capital | — | Series E |