How Much Did Convert Solar Raise?
Funding & Key Investors

Convert Solar has secured $150K in total capital, with its most recent financing round bringing in $150K through a major strategic investment. This significant backing underscores the company's established position in the renewable energy sector and its trajectory towards further expansion.

What is Convert Solar?

Convert Solar
ConstructionConstruction Management

Convert Solar is a NABCEP certified, Class A solar installation contractor based in Virginia Beach. Differentiating itself from national competitors, the company prioritizes local community ties, aiming to provide a more personalized service by treating clients as neighbors rather than mere numbers. This customer-centric approach, combined with its technical certifications, positions Convert Solar as a trusted provider of solar solutions within its operational region.

How much funding has Convert Solar raised?

Convert Solar has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Convert Solar

PPP

Public-Private Partnership

What's next for Convert Solar?

The recent major strategic investment, coupled with the overall substantial funding of $150K, signals a period of accelerated growth and market consolidation for Convert Solar. This capital infusion is likely to fuel advancements in installation capacity, technological integration, and potentially geographic expansion beyond its current Virginia Beach base. The company is poised to leverage this financial strength to further solidify its competitive advantage in the burgeoning solar energy market.

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Frequently Asked Questions Regarding Convert Solar Financial Insights

What are the most recent funding rounds that Convert Solar has completed, and what were the funding rounds?
Convert Solar has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding Convert Solar has raised to date?
Convert Solar has raised a total of $150K in funding to date.
How many funding rounds has Convert Solar completed?
Convert Solar has completed 1 funding rounds.
How much funding did Convert Solar raise in its most recent funding round?
Convert Solar raised $150K in its most recent funding round.
Who are the lead investors in Convert Solar's latest funding round?
The lead investor in Convert Solar's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Convert Solar's history?
The largest funding round in Convert Solar's history was $150K.
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