Illumine-i
Illumine-i is a technology company.
Financial History
Illumine-i has raised $2.0M across 1 funding round.
Frequently Asked Questions
How much funding has Illumine-i raised?
Illumine-i has raised $2.0M in total across 1 funding round.
Illumine-i is a technology company.
Illumine-i has raised $2.0M across 1 funding round.
Illumine-i has raised $2.0M in total across 1 funding round.
Illumine-i (Illumine Industries) is a digital engineering firm specializing in solar permit services, BIM, EVCS design, substation engineering, integrated renewables, and advanced power system studies for residential, commercial, and utility-scale solar PV and energy storage systems.[1][2][3] It serves EPC firms, developers, manufacturers, financial institutions, and builders globally, solving challenges in permitting, interconnection, construction, and resource-efficient project delivery through value-engineered designs and automation.[1][2][3] With nearly a decade of experience, the company has supported 2.1 GW of projects, partners with 800 EPCs and developers, employs over 200 people, generates $12.5 million in revenue, and recently raised $2 million in Series A funding to scale operations and expand into new markets.[1][2][3]
Illumine-i's inception stemmed from a founder's trip from California to a small town in India, highlighting stark contrasts in living standards and prompting a reevaluation of resource-efficient approaches to infrastructure and energy.[1] Founded around 2016 (nearly a decade old as of recent updates), it began in the US solar ecosystem, growing into the world's largest independent digital design engineering firm in the residential PV solar sector.[1][2] Key leaders include the Chief Executive Officer & Founder, Co-founder & Chief Operating Officer, and Chief Human Resources Officer, with a team of 40+ engineers boasting 100+ years of combined experience.[2] Early traction came from serving US solar players, contributing to the nation's 5 million installations milestone.[1]
Illumine-i rides the global clean energy transition, particularly the US solar boom toward 5 million installations and expanding renewables like PV, BESS, microgrids, and EV infrastructure amid net-zero goals.[1][3] Timing aligns with surging demand for utility-scale projects, NEC-compliant designs, and digital tools to cut deployment barriers in a market facing supply chain and regulatory hurdles.[3] Favorable forces include policy incentives, falling solar costs, and automation needs; the firm influences the ecosystem by enabling EPCs/developers to disrupt markets faster, supporting 2.1 GW capacity, and pioneering independent digital engineering at scale.[1][3]
Illumine-i is poised for accelerated growth post-Series A, expanding geographically (e.g., Australia, Middle East, UK) while doubling down on automation for clean energy projects.[3] Trends like AI-driven design, integrated renewables, and substation upgrades will shape its path, potentially scaling beyond 2.1 GW amid global electrification.[1][3] Its influence may evolve from solar specialist to comprehensive power infrastructure leader, empowering more builders to meet rising demand efficiently—just as its origin story questioned inefficient living, it now illuminates scalable energy solutions.[1]
Illumine-i has raised $2.0M in total across 1 funding round.
Illumine-i's investors include Anicut Capital.
Illumine-i has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Series A in February 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2024 | $2.0M Series A | Anicut Capital |