PVPower, Inc.
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PVPower, Inc. - overview
Established
2009
Location
Chicago, IL, US
Primary Industry
Internet
About
PVPower, Inc. specializes in providing innovative solar energy solutions, focusing on integrated photovoltaic systems tailored for residential and commercial use, promoting sustainability and energy independence. Founded in 2009 in Chicago, US, PVPower, Inc. develops integrated solar energy solutions.
The company has completed 4 deals, including a significant venture financing round in February 2018 where they raised USD 20 mn led by VinaCapital. PVPower, Inc. operates with no noted subsidiaries or pivots in its business strategy. PVPower, Inc.
centers its offerings on integrated photovoltaic (PV) systems for residential and commercial applications, including solar panels, inverters, and energy storage solutions. These products aim to optimize energy production and cater to environmentally conscious users. The company serves markets in North America, parts of Europe, and select regions in Asia, addressing the rising demand for renewable energy solutions. Revenue for PVPower, Inc.
derives from direct sales of solar energy systems, supplemented by service agreements for maintenance and upgrades. Their business model includes direct-to-consumer sales and tailored financing options. Partnerships with installers and resellers are also explored to widen their market reach, ensuring competitive pricing for both homeowners and businesses. In February 2018, PVPower, Inc.
secured USD 20 mn in venture financing to advance its growth strategy. The company aims to launch new solar products designed to enhance energy efficiency and plans to expand into additional markets in Asia and Europe by 2025, leveraging their recent funding to support these initiatives.
Current Investors
VinaCapital, Excelerate Labs, Greenstart
Primary Industry
Internet
Sub Industries
Solar Power, Web Applications
Website
www.pvpower.com
Verticals
Clean Technology
Company Stage
Angel & Seed
Total Amount Raised
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