How Much Did UMA Solar Raise?
Funding & Key Investors

UMA Solar, now operating as Magen eco-Energy US, has secured $350K in a major strategic investment, contributing to its overall $350K in capital. This significant financing round underscores the company's established position in the renewable energy sector, particularly in the distribution of solar thermal and solar electric solutions.

What is UMA Solar?

UMA Solar
RetailHome Improvement & Hardware Retail

UMA Solar, with over four decades of experience, is a prominent distributor of solar thermal and solar electric solutions catering to both residential and commercial markets. The company offers a comprehensive suite of energy-saving products, including advanced solar pool heating systems and robust solar electric solutions. UMA Solar is dedicated to advancing global carbon footprint reduction initiatives and provides extensive technical and marketing support to its extensive dealer network spanning the United States, Canada, and the Caribbean. Their mission is to foster a cleaner, healthier future through the deployment of innovative solar technologies.

How much funding has UMA Solar raised?

UMA Solar has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

What's next for UMA Solar?

The recent large-scale, late-stage funding infusion positions UMA Solar for accelerated growth and market expansion. This strategic capital is expected to bolster its distribution capabilities, enhance its product development in solar thermal and electric technologies, and potentially broaden its geographical reach. The company's commitment to supporting its dealer network with comprehensive technical and marketing resources, coupled with its long-standing industry experience, suggests a trajectory focused on solidifying its leadership in the renewable energy distribution landscape.

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Frequently Asked Questions Regarding UMA Solar Financial Insights

What are the most recent funding rounds that UMA Solar has completed, and what were the funding rounds?
UMA Solar has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding UMA Solar has raised to date?
UMA Solar has raised a total of $350K in funding to date.
How many funding rounds has UMA Solar completed?
UMA Solar has completed 1 funding rounds.
How much funding did UMA Solar raise in its most recent funding round?
UMA Solar raised $350K in its most recent funding round.
Who are the lead investors in UMA Solar's latest funding round?
The lead investor in UMA 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 UMA Solar's history?
The largest funding round in UMA Solar's history was $350K.
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