Aurora Solar Closes $20M Series A Funding Round

auroraAurora Solar, a San Francisco, CA-based software platform for distributed solar, raised $20m in Series A funding.

The round was led by Energize Ventures with participation from S28 Capital and Pear. In conjunction with the funding, Amy Francetic, managing director of Energize Ventures, will join Aurora’s board.

The company intends to use the funds to expand its engineering, customer success and other business teams and product functionality.

Co-founded by Christopher Hopper and Samuel Adeyemo, Aurora has developed patented SmartRoof technology, which allows solar professionals to create an accurate 3D CAD model of a site in a few minutes. Using these models, the company can forecast how many solar panels will fit on a property, calculate how much energy they will produce, and predict how much money the installation would save a property owner. The technology enables shade reports that are accepted by all major rebate authorities such as NYSERDA, MASSCEC, Energy Trust of Oregon and the Connecticut Green Bank.
Over 60,000 residential and commercial solar projects a month are designed in Aurora.

FinSMEs

04/02/2019

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