SolarEdge - About the company
SolarEdge is a public company based in Herzliya (Israel), founded in 2006 by , , , and . It operates as a Manufacturer of smart solar inverters. SolarEdge has raised $96.8M in funding from investors like Lightspeed Venture Partners, Opus Capital and Norwest Venture Partners. The company has 15 active competitors, including 5 funded and 3 that have exited. Its top competitors include companies like Enphase Energy, NEP and APsystems.
Company Details
Manufacturer of smart solar inverters. Its product range includes smart inverters, solar modules, distributed energy resources management software, and solar plant monitoring.
- Website
- Social
- Email ID
- @solaredge.com
- Phone Number
- +972
Key Metrics
Founded Year
2006
Location
Herzliya, Israel
Stage
Public
Total Funding
in 6 rounds
Latest Funding Round
Investors
Ranked
1st among 15 active competitors
Annual Revenue
as on Dec 31, 2022
Investment & Acquisitions
Similar Companies
Exit Details
Public
Legal entities associated with SolarEdge
SolarEdge is associated with 7 legal entities given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
Sep 01, 2020 | - | 568 | 746 | |
Mar 12, 2019 | - | 567 | 945 | |
Jul 10, 2014 | - | 382 | 122 | |
Feb 10, 2015 | $2.61M (as on Dec 31, 2020) | 219 | 890 | |
Jun 28, 2015 | $15.8M (as on Mar 31, 2022) | 815 | 174 | |
Feb 14, 2017 | $1.44M (as on Mar 31, 2022) | 851 | 675 | |
Aug 06, 2006 | $3.11B (as on Dec 31, 2022) | 202 | 480 |
Get your free copy of SolarEdge's company profile
SolarEdge's funding and investors
SolarEdge has raised a total funding of $96.8M over 6 rounds. Its first funding round was on Dec 09, 2007. Its latest funding round was a Post IPO round on Jan 10, 2024 for an undisclosed amount. 1 investor participated in its latest round, which include Kreos Capital, Norwest Venture Partners, GE Capital and Genesis Partners.
SolarEdge has 20 institutional investors including Lightspeed Venture Partners, Opus Capital and Norwest Venture Partners.
Here is the list of recent funding rounds of SolarEdge:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Jan 10, 2024 | Undisclosed | Post IPO | 4378686 | 9975547 | |
Apr 2023 | Undisclosed | Post IPO | 3572917 | 5025759 | |
Oct 24, 2011 | $37M | Series D | 3989769 | 4329399 |
Access funding benchmarks and valuations. Sign up today!View details of SolarEdge's funding rounds and investors
SolarEdge's founders and board of directors
The founders of SolarEdge are , , , and . is the CEO of SolarEdge. has founded 1 more company - .
View details of SolarEdge's Founder profiles and Board Members
SolarEdge's Competitors and alternates
Top competitors of SolarEdge include Enphase Energy, NEP and APsystems. Here is the list of Top 10 competitors of SolarEdge, ranked by ÃØÃÜÑо¿Ëù score :
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
|---|---|---|---|---|---|
1st | Manufacturer of smart solar inverters | $96.8M | Kreos Capital, Norwest Venture PartnersÌý&²¹³¾±è;Ìý | 86/100 | |
2nd | Enphase Energy 2006, Fremont (United States), Public | Manufacturer of micro-inverter and energy storage systems | $100M | Hercules Capital, Kleiner PerkinsÌý&²¹³¾±è;Ìý | 84/100 |
3rd |  NEP 2009, San Jose (United States), Series B | Manufacturer of solar inverters | - | 53/100 | |
4th | APsystems 2009, Seattle (United States), Unfunded | Solar Micro inverter manufacturers | - | - | 49/100 |
5th | Imeon Energy 2013, Brest (France), Seed | Manufacturer of solar inverters with AI capability | $1.83M | Bpifrance, Ouest CroissanceÌý&²¹³¾±è;Ìý | 48/100 |
6th | Deye Inverter 2007, Ningbo (China), Unfunded | Manufacturer of solar powered products | - | - | 47/100 |
7th | OptiSolar Technologies 2005, Hayward (United States), Deadpooled | Manufactured thin film solar modules | $334M | 43/100 | |
8th | Sofar Solar 2012, Wuxi (China), Public | Inverter manufacturer for the solar industry | - | 39/100 | |
9th | Hyxi Technology 2022, Hangzhou (China), Unfunded | Provider of solar powered inverters | - | - | 35/100 |
10th | NyQuest Innovation Labs 2017, Kollam (India), Funding Raised | Limited information available | - | 35/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on SolarEdge's competitors? Click to see the top ones
SolarEdge's Investments and acquisitions
SolarEdge has made 3 investments in companies including Ivy Energy and AMPEERS ENERGY. SolarEdge has also acquired 4 companies including Wevo Energy and Hark. Here is the list of investments & acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Apr 15, 2024 | Investments | 2012 | San Diego, United States | |
Apr 04, 2024 | Acquisition | 2021 | London, | |
Mar 08, 2024 | Investments | 2019 | Munich, |
Want to know more about where corporates are investing? Sign up today!See all investments and acquisitions by SolarEdge
Reports related to SolarEdge
Here is the latest report on SolarEdge's sector:
View
News related to SolarEdge
Media has covered SolarEdge for a total of 77 events in the last 1 year, 42 of them have been about company updates and 16 about people movement.
•
•
MarketBeat•Apr 22, 2025•SolarEdge,
•
MarketBeat•Apr 22, 2025•SolarEdge,
•
MarketBeat•Apr 20, 2025•SolarEdge
•
•
•
•
insidertrades.com•Mar 07, 2025•SolarEdge
•
Tech in Asia•Mar 04, 2025•SolarEdge
•
Business Wire•Mar 03, 2025•SolarEdge
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Frequently asked questions about SolarEdge
When was SolarEdge founded?
SolarEdge was founded in 2006.Where is SolarEdge located?
SolarEdge is located in Herzliya, Israel.When was the latest funding round of SolarEdge?
SolarEdge's latest funding round was on Jan 10, 2024.What is the annual revenue of SolarEdge?
Annual revenue of SolarEdge is $3.11B as on Dec 31, 2022.Our Lite Plan Awaits you - Its Free!
Sign up now to unlock full access to curated data
4M+ Companies- 212K+ Investors
- 580K+ Funding Rounds
- 207K+ Acquisitions
- 2.9K+ Sectors
- 57K+ Business Models
Are you a Founder ?
Explore our recently published companies
- Pragathi International - Bengaluru based, 2009 founded, Unfunded company
- Park Lane Advice Group - Melbourne based, 2020 founded, Unfunded company
- AlgoSurg - Wilmington based, 2018 founded, Funding Raised company
- The BB Cream Girl - Dubai based, 2012 founded, Unfunded company
- Siembra la Tierra - Jayuya based, 2020 founded, Funding Raised company
- Jindus Specialty Chemicals - Delhi based, 2015 founded, Unfunded company
