What is Aurora Solar?
Founded in 2013 and headquartered in San Francisco, Aurora Solar provides a sophisticated software platform tailored for residential and commercial solar sales and design. The company operates at the intersection of climate technology and enterprise SaaS, offering tools that streamline the transition to sustainable energy. By providing high-precision design capabilities and automated sales workflows, Aurora Solar has become an essential partner for solar installers looking to optimize operational efficiency and project accuracy in an increasingly competitive energy market.
How much funding has Aurora Solar raised?
Aurora Solar has raised a total of $520.4M across 5 funding rounds:
Series A
$20M
Debt
$350K
Series B
$50M
Series C
$250M
Series D
$200M
Series A (2019): $20M with participation from Pear Ventures, Energize Ventures, and Spectrum 28 Capital
Debt (2020): $350K led by PPP
Series B (2020): $50M supported by Pear, Energize Ventures LLC, ICONIQ Capital LLC, and Fifth Wall
Series C (2021): $250M featuring Fifth Wall, ICONIQ Capital, Energize Ventures, and Coatue
Series D (2022): $200M backed by Emerson Collective, Fifth Wall, Lux Capital, ICONIQ Capital, Energize Ventures, and Coatue
Key Investors in Aurora Solar
Fifth Wall
Fifth Wall is the largest venture capital firm focused on technologies for the global real estate industry, connecting major property owners with innovative entrepreneurs.
ICONIQ Capital
ICONIQ Capital is a privately-held investment firm providing financial advisory and managing direct investments with a focus on technology growth equity and real estate.
Energize Ventures
Energize Capital is an investor focused on climate solutions, specializing in asset-light, technology-enabled companies that are pivotal in transitioning to a digitized energy system.
What's next for Aurora Solar?
With the infusion of capital from its latest financing round, Aurora Solar is well-positioned to scale its product suite and expand its footprint within the global energy ecosystem. The company is expected to leverage these resources to enhance its AI-driven design features and deepen its integration with broader real estate and utility infrastructure. As the demand for decarbonization solutions intensifies, Aurora Solar's focus on asset-light, technology-enabled growth will likely remain a key driver for its long-term strategic objectives and market leadership.
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