Aurora Solar is a technology company.
Aurora Solar has raised $323.0M across 3 funding rounds.
Aurora Solar has raised $323.0M in total across 3 funding rounds.
Aurora Solar has raised $323.0M in total across 3 funding rounds.
Aurora Solar's investors include Founders Co-op, ICONIQ Capital, Insight Partners, Mayfield, Pioneer Square Labs, Dan Shapiro, Dave Schappell, 20VC, Daffy, FirstMark Capital, NextView Ventures, Pear VC.
Aurora Solar is a San Francisco-based technology company providing a cloud-based software platform that streamlines the design, sales, and delivery of solar photovoltaic (PV) systems for residential and commercial customers.[2][3][5] It serves solar professionals, installers, and companies by automating complex workflows like site analysis, 3D modeling, energy production forecasting, financial proposals, and permitting, solving pain points such as inaccurate designs, slow proposals, high costs, and error-prone manual processes.[1][2][4][5] The platform has powered over 20 million solar projects globally, with more than 7,000 organizations relying on it, driving efficiency gains like 90% fewer site visits and doubled installations for some users, amid a booming solar market fueled by a $2 trillion U.S. government investment opportunity.[1][2][4][6]
Aurora Solar was founded by Christopher Hopper (Co-Founder & CEO) and Samuel Adeyemo (Co-Founder), who envisioned making solar energy accessible to everyone by addressing the need to transition from fossil fuels to renewables efficiently.[1][2] Drawing on expertise in product development and engineering, the company emerged to simplify solar adoption through technology, with early leadership including executives like Matt Idema (President & COO).[2] Pivotal moments include its 2019 Series A raise of $20M led by Energize Ventures, 2020 approval as the first tool for California Title 24 solar mandate compliance, surpassing 5 million projects designed by 2021, and subsequent funding rounds: $50M Series B (ICONIQ, 2020), $250M Series C (Coatue, 2021), and $200M Series D (Coatue and Energize, 2022).[3]
Aurora Solar rides the solar energy revolution, capitalizing on global demand for sustainable power amid declining fossil fuel reliance and unprecedented industry growth.[1][7] Its timing aligns with U.S. government investments totaling $2 trillion in green infrastructure, policy mandates like California's Title 24, and rising homeowner interest in battery storage for self-consumption and grid resilience in a lower-incentive era.[1][3][5][7] Market forces like automation needs in a fragmented, manual solar sector favor Aurora, which digitizes workflows to cut costs, accelerate timelines, and scale adoption, influencing the ecosystem by empowering 7,000+ professionals and enabling faster clean energy transitions.[2][4][8]
Aurora Solar is poised to dominate as the #1 solar design platform, expanding into policy-proof features like advanced storage modeling and global data enhancements amid surging PV demand.[5][6] Trends such as AI-driven precision, LIDAR integration, and all-in-one tools will shape its path, potentially closing gaps in CRM/project management while leveraging its 100,000+ weekly designs.[5][6][7] Its influence may evolve by setting industry standards for accuracy and efficiency, further powering the $2 trillion solar boom and sustainable future it set out to create.[1][2]
Aurora Solar has raised $323.0M across 3 funding rounds. Most recently, it raised $250.0M Series C in May 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2021 | $250.0M Series C | Founders Co-op, ICONIQ Capital, Insight Partners, Mayfield, Pioneer Square Labs, Dan Shapiro, Dave Schappell | |
| Nov 1, 2020 | $50.0M Series B | 20VC, Daffy, FirstMark Capital, Founders Co-op, ICONIQ Capital, Insight Partners, Mayfield, NextView Ventures, Pear VC, Pioneer Square Labs, Redpoint Ventures, Stellation Capital, Underscore VC, Dan Shapiro, Dave Schappell, Julie Zhuo | |
| Feb 1, 2019 | $23.0M Series A | 20VC, Daffy, FirstMark Capital, NextView Ventures, Pear VC, Redpoint Ventures, Stellation Capital, Underscore VC, Julie Zhuo |