Abound Solar - About the company
Abound Solar is an acquired company based in Loveland (United States), founded in 2006. It operates as a Cd-Te solar module manufacturing. Abound Solar has raised $216M in funding from investors like Technology Partners, DCM Ventures and Man GLG. The company has 199 active competitors, including 59 funded and 30 that have exited. Its top competitors include companies like First Solar, Jinko Solar and Exeger.
Company Details
Cd-Te solar module manufacturing. It produces next-generation, thin-film cadmium telluride solar photovoltaic modules intended to deliver the lowest levelized cost of electricity and targeting large-commercial and utility-scale installations.
- Website
- abound.com
Key Metrics
Founded Year
2006
Location
Loveland, United States
Stage
Acquired
Total Funding
$216M in 3 rounds
Latest Funding Round
Investors
Ranked
19th among 199 active competitors
Employee Count
10 - 49 as on Mar 01, 2026
Similar Companies
Exit Details
Acquired by United Power (Apr 28, 2017)
Legal entities associated with Abound Solar
Abound Solar is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Abound Solar, Inc. CIN: 20-8091968 , United States, Active | Mar 20, 2019 | - | - | - |
Abound Solar's acquisition details
Abound Solar got acquired by United Power on Apr 28, 2017 at an acquisition amount of $*****.
Click here to take a look at Abound Solar's acquisition in detail
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Abound Solar's funding and investors
Abound Solar has raised a total funding of $216M over 3 rounds. Its first funding round was on Aug 29, 2008. Its latest funding round was a Series E round on Dec 21, 2010 for $*****. 4 investors participated in its latest round. Abound Solar has 7 institutional investors.
Here is the list of recent funding rounds of Abound Solar:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 21, 2010 | 6921159 | Series E | 3835761 | 1324695 | 2192651 | 7070187 |
Jul 06, 2010 | 8212029 | Conventional Debt | 7906782 | 6003230 | 9133407 | |
Aug 29, 2008 | 7043556 | Series D | 6577709 | 7859610 | 2126742 |
View details of Abound Solar's funding rounds and investors
Abound Solar's founders and board of directors
Founder? Claim ProfileAbound Solar's employee count trend
Abound Solar has 10 - 49 employees as of Mar 26. Here is Abound Solar's employee count trend over the years:
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Abound Solar's Competitors and alternates
Top competitors of Abound Solar include First Solar, Jinko Solar and Exeger. Here is the list of Top 10 competitors of Abound Solar, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | First Solar 1999, Tempe (United States), Public | Provider of cadmium telluride-based flexible solar modules | - | 70/100 | |
2nd | Jinko Solar 2006, Shanghai (China), Acquired | Manufacturer of solar modules | $35M | 68/100 | |
3rd | Manufacturer of solar cells | $50.1M | 66/100 | ||
4th | Swift Solar 2017, Golden (United States), Series A | Provider of flexible perovskite solar cells | $42.4M | 65/100 | |
5th | Tandem PV 2017, San Francisco (United States), Series A | Developer of a perovskite-based solar cell | $64.4M | 63/100 | |
6th | Oxford Photovoltaics 2010, Oxford (United Kingdom), Series D | Manufacturer of tandem solar cells combining perovskite and silicon layers | $239M | 62/100 | |
7th | mPower Technologies 2008, Albuquerque (United States), Series B | Manufacturer of solar modules for space applications and related solutions | $56.4M | 61/100 | |
8th | Avaada Electro 2011, Mumbai (India), Unfunded | Manufacturer of high-efficiency solar cells and modules for utility, commercial, and residential applications | - | - | 60/100 |
9th | UbiQD 2014, Los Alamos (United States), Series B | Developer of low-cost quantum dots for industrial applications | $46.7M | 58/100 | |
10th | Dracula Technologies 2011, Valence (France), Series A | Manufacturer of organic photovoltaic modules for battery-free, low-power electronic devices | $39.4M | 58/100 | |
19th | Abound Solar 2006, Loveland (United States), Acquired | Cd-Te solar module manufacturing | $216M | 50/100 |
Looking for more details on Abound Solar's competitors? Click here to see the top ones
Abound Solar's Investments and acquisitions
Abound Solar has made no investments or acquisitions yet.
Reports related to Abound Solar
Here is the latest report on Abound Solar's sector:
News related to Abound Solar
Media has covered Abound Solar for a total of 3 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
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Abound Selects Monad Blockchain for Growth Phase, Launches New Wallet and Savings FeaturesPR Newswire•Aug 25, 2026•Monad, Abound Solar, Abound
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Abound and D•One Partner to Enhance Open Banking Credit AccessibilityFintechinshorts•Aug 06, 2026•Abound Solar
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D•One and Abound Collaborate to Advance AI-Driven Lending with Open Banking DataEIN Presswire•Aug 17, 2024•D ONE, Abound, Abound Solar
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Smart lending fintech Abound raises £500 millionFinextra•Mar 06, 2023•Abound Credit Union, Citibank India, Waterfall, K3 and 9 others
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Global Thin and Ultra-thin Films Market Insights 2018-2024: Umicore Group, Ascent Solar Technologies Ltd, American Elememtstalkdailynews.com•Dec 13, 2018•Umicore, Ascent Solar, American Elements, Abound Solar and 1 other
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United Power acquires former home of bankrupt Abound SolarBizWest•May 02, 2017•Abound Solar, United Power
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Abound Solar, Maker Of Thin Film Modules For Utilities, Raises $110 Million And Secures Huge Loan – TechCrunchTechCrunch+•Dec 15, 2010•Abound Solar, DOE, Invus, Bohemian Companies and 2 others
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