What is Sunrun?
Sunrun Inc. is a leading U.S. provider of residential solar energy systems and home battery storage solutions, headquartered in San Francisco, California. The company empowers homeowners to generate, store, and manage their own clean electricity, thereby reducing reliance on traditional energy sources and lowering utility costs. Sunrun simplifies the adoption of solar power through flexible plans and comprehensive services, including system design, installation, and ongoing maintenance. By integrating solar generation with advanced battery storage, Sunrun offers homeowners a sustainable, affordable, and reliable energy alternative, positioning itself at the forefront of the clean energy transition.
How much funding has Sunrun raised?
Sunrun has raised a total of $1.2B across 13 funding rounds:
Series C
$55M
Series D
$60M
Grant
$1.6M
Series E
$150M
Multiple Rounds
$526M
Debt
$250M
Debt
$33M
Debt
$40M
Series C (2010): $55M featuring Accel Partners, Foundation Capital, and Steamboat Ventures
Series D (2012): $60M backed by Madrone Capital Partners, Accel Partners, Foundation Capital, and Steamboat Ventures
Grant (2013): $1.6M with participation from U.S. Department of Energy SunShot Initiative
Series E (2014): $150M led by Accel Partners, Foundation Capital, Steamboat Ventures, and Madrone Capital Partners
Debt (2015): $195M supported by Investec Group
Debt (2015): $111M featuring Undisclosed
Stock Issuance/Offering (2015): $220M backed by Undisclosed
Debt (2016): $250M with participation from Investec Group
Debt (2016): $33M led by Undisclosed
Debt (2017): $40M supported by Caisse de depot et placement du Quebec
Key Investors in Sunrun
Accel Partners
Accel Partners is a venture capital firm known for investing in early-stage and growth-stage technology companies, often focusing on disruptive innovations and market leaders.
Foundation Capital
Foundation Capital is a venture capital firm that partners with founders building category-defining technology companies, providing support from early stages through long-term growth with operational and strategic expertise.
Steamboat Ventures
Steamboat Ventures is an investment firm that focuses on helping young technology, media, and consumer companies become market leaders, investing from early to growth stages.
What's next for Sunrun?
The recent major strategic investment in Sunrun signals a pivotal phase for the company, likely focused on expanding its operational footprint, enhancing its technological offerings, and potentially pursuing strategic acquisitions. As a company deeply entrenched in the renewable energy sector, Sunrun is well-positioned to capitalize on increasing consumer demand for sustainable energy solutions and supportive government policies. Future growth may involve further innovation in energy storage technology, grid services integration, and scaling its customer acquisition channels to solidify its market leadership in residential solar and battery solutions.
See full Sunrun company page
