5B was founded in 2013 and raised its 1st funding round 7 years after it was founded.

5B is headquartered in Mascot, Australia.

How many employees does 5B have?

As of May 31, 2026, the latest employee count at 5B is 246.

Is 5B a funded company?

5B is a funded company, having raised a total of $44.8M across 6 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on 2020.

When was the latest funding round of 5B?

5B's latest funding was a $***** Series B round on Dec 15, 2022, with participation from 3 investors.

Where does 5B rank among its competitors?

5B ranks 1st amongst 669 active competitors, of which 7 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Starling Energy, which secured $22.9M in Dec, 2025.

Who are the top competitors of 5B?

5B's top competitors include Genex Power, Encore Renewable and Akaysha. Among them, Starling Energy secured the most recent funding round in December, 2025.

5B - 2026 Company Profile, Team, Funding & Competitors

5B is a series B company based in Mascot (Australia), founded in 2013 by Eden Tehan and Chris McGrath. It operates as a Developer of solar energy projects. 5B has raised $44.8M in funding from investors like AES, Artesian and BP Ventures. The company has 669 active competitors, including 7 funded and 27 that have exited. Its top competitors include companies like Genex Power, Encore Renewable and Akaysha.

Company Details

Developer of solar energy projects. They deliver solar solutions which are safer, faster, lower cost, lower-risk, and more energy dense than conventional fixed-tilt or single-axis tracking technologies. R&D, advanced manufacturing, deployment and testing facilities.

Website: 5b.co
Social
Email ID: *****@5b.co
Phone Number: +61 **********

Key Metrics

Founded Year

2013

Location

Mascot, Australia

Stage

Series B

Total Funding

$44.8M in 6 rounds

Latest Funding Round

Series B, Dec 15, 2022, $*****

Investors

AES & 9 more

Ranked

1^st among 669 active competitors

Employee Count

246 as on May 31, 2026

Investment & Acquisitions

IXL Solar

Similar Companies

Enel X & 3225 more

View 5B's full profile

5B is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
5b Australia Pty Limited CIN: 167318023 , Australia, Active	Dec 18, 2013	-	-
5B AUSTRALIA PTY LIMITED CIN: 167318023 , Australia, Active	Dec 18, 2013	-	-

5B has raised a total funding of $44.8M over 6 rounds. Its first funding round was on 2020. Its latest funding round was a Series B round on Dec 15, 2022 for $*****. 3 investors participated in its latest round. 5B has 6 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of 5B:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 15, 2022	8659360	Series B	3327220	3593718	7582292	1264792
Jun 03, 2022	1894950	Series B	5402399	5578033	9183205	BP Ventures
Jan 18, 2022	1388223	Grant (prize money)	4496587	1501650	1687856	Australian Renewable Energy Agency

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View details of 5B's funding rounds and investors

The founders of 5B are Eden Tehan and Chris McGrath.

Here are the details of 5B's key team members:

Eden Tehan: Co-Founder of 5B and founder of 1 other company.
Contact Info: 1 email address
Chris McGrath: Co-Founder & CEO of 5B and founder of 1 other company.

View details of 5B's Founder profiles and Board Members

5B's employee count trend

5B has 246 employees as of May 26. Here is 5B's employee count trend over the years:

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Top competitors of 5B include Genex Power, Encore Renewable and Akaysha. Here is the list of Top 10 competitors of 5B, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	5B 2013, Mascot (Australia), Series B	Developer of solar energy projects	$44.8M	BP Ventures, AES & 8 others	61/100
2nd	Genex Power 2014, Sydney (Australia), Acquired	Developer of renewable energy power projects	-	Ethical Advisers Funds Management, J-Power	54/100
3rd	Encore Renewable 2007, Burlington (United States), Acquired	Community-scale solar and energy storage projects, revitalizing communities, B-Corp certified	$50K	ISun Energy, CEI	50/100
4th	Akaysha 2021, Melbourne (Australia), Acquired	Developer of solar, wind, and hydrogen projects	-	Deutsche Bank, ING & 3 others	46/100
5th	ACEN Australia 2016, Hobart (Australia), Funding Raised	Developer of solar and wind energy projects	-	DBS Bank, Deutsche Bank & 11 others	45/100
6th	MetroElectro 2024, St Kilda (Australia), Seed	Developer of solar PV projects	$1.68M	Wavemaker Impact, Ecotone Partners	45/100
7th	Starling Energy 2017, Perth (Australia), Series C	Developer of solar and wind energy projects	$35.1M	CEFC, SUSI Partners	44/100
8th	PHNXX 2022, Melbourne (Australia), Seed	Developer of solar energy projects	$1.12M	Synertec, LaunchVic & 2 others	43/100
9th	Idemitsu 1911, Brisbane (Australia), Unfunded	Developer of solar and wind energy projects	-	-	42/100
10th	Edify Energy 2015, Manly (Australia), Unfunded	Developer of renewable energy projects, including solar and energy storage	-	-	42/100