How Much Did Sunrun Raise?
Funding & Key Investors

Sunrun has established itself as a dominant force in the residential renewable energy sector, consistently securing significant capital to fuel its expansion. With a cumulative total of $1.2B raised through various financing vehicles, the company has demonstrated a robust ability to attract institutional backing. The most recent strategic investment of $40M underscores the market's continued confidence in Sunrun's long-term vision for decentralized energy infrastructure.

Since its inception, the firm has navigated multiple growth phases, transitioning from early-stage venture capital support to complex debt and equity structures. This trajectory highlights the company's evolution into a mature enterprise capable of managing large-scale solar and battery storage deployments across the United States.

What is Sunrun?

Sunrun
Energy, Utilities & WasteElectricity, Oil & Gas

Headquartered in San Francisco, Sunrun Inc. operates as a premier provider of residential solar energy systems and integrated home battery storage solutions. By simplifying the adoption of clean electricity, the company effectively lowers the technical and financial barriers for homeowners. Its comprehensive service model encompasses the design, installation, and ongoing maintenance of solar arrays, alongside advanced energy monitoring capabilities. This integrated approach positions Sunrun as a critical player in the transition toward sustainable, reliable, and affordable household energy, enabling consumers to generate and manage their own power supply with greater autonomy.

How much funding has Sunrun raised?

Sunrun has raised a total of $1.5B across 13 funding rounds:

2010

Series C

$55M

2012

Series D

$60M

2013

Grant

$1.6M

2014

Series E

$150M

2015

Multiple Rounds

$526M

2016

Debt

$250M

Debt

$33M

2017

Debt

$40M

Series C (2010): $55M featuring Foundation Capital, Steamboat Ventures, and Accel Partners

Series D (2012): $60M backed by Steamboat Ventures, Accel Partners, Foundation Capital, and Madrone Capital Partners

Grant (2013): $1.6M with participation from U.S. Department of Energy SunShot Initiative

Series E (2014): $150M led by Foundation Capital, Accel Partners, 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

Foundation Capital

Foundation Capital is a venture capital firm that partners with bold founders building category-defining technology companies, supporting entrepreneurs from the earliest stages through long-term growth with deep operational and strategic expertise.

Accel Partners

Accel is a global venture capital firm that partners with exceptional founders to build category-defining companies, providing deep industry expertise and a vast network to support long-term scaling.

Steamboat Ventures

Steamboat Ventures focuses on helping young companies become market leaders by investing in early to growth stage firms within the technology, media, and consumer sectors.

What's next for Sunrun?

Looking ahead, Sunrun is well-positioned to leverage its substantial capital base to further penetrate the residential energy market. The company's strategic focus remains on scaling its solar-plus-storage offerings, which are increasingly vital for grid resilience and consumer energy independence. By continuing to optimize its service delivery and maintenance infrastructure, Sunrun aims to solidify its market leadership. Future growth will likely be driven by technological advancements in battery efficiency and the expansion of its service network, ensuring that the company remains at the forefront of the clean energy transition while delivering consistent value to its stakeholders.

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Frequently Asked Questions Regarding Sunrun Financial Insights

What are the most recent funding rounds that Sunrun has completed, and what were the funding rounds?
Sunrun has recently completed 3 funding rounds: Debt on Nov 1, 2017, Debt on Jul 19, 2016, Debt on Jan 19, 2016.
What is the total amount of funding Sunrun has raised to date?
Sunrun has raised a total of $1.5B in funding to date.
How many funding rounds has Sunrun completed?
Sunrun has completed 3 funding rounds.
How much funding did Sunrun raise in its most recent funding round?
Sunrun raised $40M in its most recent funding round.
Who are the lead investors in Sunrun's latest funding round?
The lead investor in Sunrun's latest funding round was Caisse de depot et placement du Quebec. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Sunrun's history?
The largest funding round in Sunrun's history was $250M.
See more information about Sunrun