SolarEdge Technologies

company

About

SolarEdge provides module-level electronics for solar power harvesting and monitoring systems.

  • 1001 - 5000

Details

Last Funding Type
Series B
Last Funding Money Raised
$23M
Industries
Energy,Renewable Energy,Solar
Founded date
Jun 1, 2006
Number Of Employee
1001 - 5000
Operating Status
Active

SolarEdge Technologies, a global leader in the DC power optimizer market. The company provides module-level electronics for solar power harvesting and monitoring systems for residential, commercial and utility-scale solar photovoltaic installers. The SolarEdge portfolio of products includes power optimizers and a web portal for module-level optimization and monitoring, as well as PV inverters, specialized to work with power optimizers.

SolarEdge envisions that every solar module will be individually managed by DC-DC module-level electronics, accelerating the pace towards grid parity and making clean energy affordable.

Founded in 2006, SolarEdge established the DC power optimizer segment and is leading it with over 70% market share. By Q4 2012, SolarEdge has shipped over 1,600,000 power optimizers to more than 40 countries worldwide. With strategic partnerships across the PV value-chain from module manufacturers to integrators, SolarEdge installations can be found in five continents.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$106M
SolarEdge Technologies has raised a total of $106M in funding over 2 rounds. Their latest funding was raised on Mar 31, 2014 from a Series D round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 31, 2014 Series D $58M 1 Norwest Venture Partners Detail
Oct 4, 2010 Series C $25M 1 Detail
Feb 28, 2009 Series B $23M 1 Detail

Investments

Number of Investments
Number of Lead Investments
1
0
SolarEdge Technologies has made 1 investments. Their most recent investment was on Oct 14, 2021, when Autogrid raised $85M.
Date Company Name
Round Money Raised Industry Lead Investor
Oct 14, 2021 Autogrid
Series D $85M Analytics

Investors

Number of Lead Investors
Number of Investors
1
1
SolarEdge Technologies is funded by 1 investors. Norwest Venture Partners are the most recent investors.
Investor Name Lead Investor Funding Round
Norwest Venture Partners Yes Series D