What is Aurora Solar?
Founded in 2013 and headquartered in San Francisco, Aurora Solar provides a sophisticated software platform designed to streamline the sales and design processes for solar energy installations. By integrating advanced modeling and data analytics, the company enables solar professionals to create accurate, high-fidelity project designs that reduce soft costs and improve conversion rates. As a pivotal player in the climate tech ecosystem, Aurora Solar sits at the intersection of software-as-a-service (SaaS) innovation and the global push for decarbonization, effectively bridging the gap between complex engineering requirements and consumer-facing sales workflows.
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 Spectrum 28 Capital, Energize Ventures, and Pear Ventures
Debt (2020): $350K led by PPP
Series B (2020): $50M supported by Energize Ventures LLC, Pear, ICONIQ Capital LLC, and Fifth Wall
Series C (2021): $250M featuring ICONIQ Capital, Coatue, Fifth Wall, and Energize Ventures
Series D (2022): $200M backed by ICONIQ Capital, Emerson Collective, Coatue, Fifth Wall, Lux Capital, and Energize Ventures
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.
Energize Ventures
Energize Capital is an investor focused on climate solutions, aiming to scale sustainable innovations through partnerships with those shaping the future of energy.
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 venture capital.
What's next for Aurora Solar?
With the successful closure of its recent funding, Aurora Solar is well-positioned to expand its market footprint and enhance its product suite. The strategic focus will likely center on deepening its integration with real estate and construction workflows, a move supported by its existing investor base which includes prominent proptech and climate-focused venture firms. As the company moves beyond its current scaling phase, it is expected to prioritize the development of automated design features and expanded data capabilities to maintain its leadership in the solar software market. The firm's ability to attract top-tier institutional partners suggests a long-term commitment to driving efficiency across the entire solar value chain, potentially setting the stage for further market consolidation or future public market readiness.
See full Aurora Solar company page
