When was Nexamp founded?

Nexamp was founded in 2007 and became a unicorn in 2024, reaching the milestone in 17 years. It raised its 1st funding round 3 years after its incorporation.

Where is Nexamp located?

Nexamp is headquartered in Boston, United States.

Which legal entities is Nexamp associated with?

Nexamp is associated with NEXAMP, INC..

How many employees does Nexamp have?

As of Jun 30, 2026, the latest employee count at Nexamp is 589.

Is Nexamp a funded company?

Nexamp is a funded company, having raised a total of $1.45B across 13 funding rounds to date. The company's 1st funding round was a $6.54M Series A round, raised on Jan 15, 2010.

How much is Nexamp worth?

The latest valuation of Nexamp is $1B as of Mar 11, 2024.

When was the latest funding round of Nexamp?

Nexamp's latest funding was a $200M Conventional Debt round on Apr 24, 2026, with participation from 1 investor.

Is Nexamp a Renewable Energy Tech company?

The primary sector of Nexamp is Renewable Energy Tech.

Where does Nexamp rank among its competitors?

Nexamp ranks 1st amongst 5 active competitors, of which 2 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Nexamp, which secured $200M in Apr, 2026.

Who are the top competitors of Nexamp?

Nexamp's top competitors include Arcadia, Shake Energy and A-Sharp Energy. Among them, Nexamp secured the most recent funding round in April, 2026.

Nexamp - 2026 Company Profile, Team, Funding & Competitors

Sectors and market segments that Nexamp operate in

Nexamp serves in the Energy Tech, Environment Tech, Sustainability Tech market segments.The primary business model of Nexamp are:

Company Details

Provider of community solar programs and energy solutions for businesses. It offers community solar subscriptions, enabling savings on electricity costs without rooftop panels. It delivers energy storage solutions and power purchase agreements for commercial users. It also offers community solar programs with no rooftop panels, sign-up fees, or long-term contracts, enabling savings on electricity costs. It focuses on clean energy asset development, customer acquisition, and management, minimizing risk for counterparties.

Website: www.nexamp.com/
Social
Email ID: *****@nexamp.com
Phone Number: +1 **********

Key Metrics

Founded Year

2007

Location

Boston, United States

Stage

Series E

Total Funding

$1.45B in 13 rounds

Latest Funding Round

Conventional Debt, Apr 24, 2026, $200M

Post Money Valuation

$1B as on Mar 11, 2024

Investors

US Bank & 12 more

Ranked

1^st among 5 active competitors

Employee Count

589 as on Jun 30, 2026

Similar Companies

Arcadia & 11 more

View Nexamp's full profile

Nexamp is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
NEXAMP, INC. CIN: 4459005 , United States, Active		-	331 (As on Dec 31, 2021)	-

Nexamp has raised a total funding of $1.45B over 13 rounds. Its first funding round was on Jan 15, 2010. Its latest funding round was a Conventional Debt round on Apr 24, 2026 for $200M. 1 investor participated in its latest round. Nexamp has 13 institutional investors.

Here is the list of recent funding rounds of Nexamp:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 24, 2026	$200M	Conventional Debt	-	-	-	Nuveen
Feb 27, 2026	$180M	Series E	-	-	-	-
Mar 31, 2024	$520M	Series E	$1B	-	Manulife Investment Management	DGC, Generate Capital

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View details of Nexamp's funding rounds and investors

The founders of Nexamp is Dan Leary. Zaid Ashai is the CEO of Nexamp.

Here are the details of Nexamp's key team members:

Dan Leary: Former Co-Founder of Nexamp.
Contact Info: 1 email address
Zaid Ashai: CEO of Nexamp.
Contact Info: 1 email address

View details of Nexamp's Founder profiles and Board Members

Nexamp's employee count trend

Nexamp has 589 employees as of Jun 26. Here is Nexamp's employee count trend over the years:

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Top competitors of Nexamp include Arcadia, Shake Energy and A-Sharp Energy. Here is the list of Top 10 competitors of Nexamp, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Nexamp 2007, Boston (United States), Series E	Provider of community solar programs and energy solutions for businesses	$1.45B	Nomura, Nuveen & 11 others	69/100
2nd	Arcadia 2014, Washington, DC (United States), Series D	Provider of clean energy data platform and solutions for businesses. It offers end-to-end energy management solutions, streamlining data and processes for enterprises and energy innovators. Services include utility bill management, energy procurement advisory, and sustainability reporting. The platform supports various use cases for energy service providers, such as optimizing solar and storage solutions, EV charging, energy management, and property management. It helps clients lower utility costs, achieve sustainability goals, and improve energy efficiency.	$566M	G2 Venture Partners, Tiger Global Management ... & 39 others	69/100
3rd	Shake Energy 2019, Fresno (United States), Unfunded	Developer of community-designed renewable energy projects, enabling community profit reinvestment	-	-	25/100
4th	A-Sharp Energy 2016, Minneapolis (United States), Unfunded	Provider of community solar solutions	-	-	22/100
5th	Community Power 2024, Norway (United States), Funding Raised	Consumer-owned cooperative providing community solar subscriptions	-	OSTI	18/100