Nextracker - About the company
Nextracker is a public company based in Fremont (United States), founded in 2013 by Marco Miller, Marco Garcia, Dan Shugar, Alexander Au and Mike Mehawich. It operates as a Provider of integrated utility-scale solar platform solutions from design to operations. Nextracker has raised $42.6M in funding from SJF Ventures. The company has 5 active competitors, including 1 funded and 2 that have exited. Its top competitors include companies like Sono Motors, Voltiris and Titlis Projects & Engineering.
Company Details
Provider of integrated utility-scale solar platform solutions from design to operations. The company delivers execution through logistics coordination and installation. Specialized equipment and training ensures teams are prepared for challenges. It offers support across every stage of project development.
- Website
- nextracker.com
- Social
- Email ID
- *****@nextracker.com:
- Phone Number
- +1 **********
- Registered Address
- Floor 19th and 20th, Nexity Tower T-20, Hyderabad Knowledge City Layout, Raidurgam, Hyderabad, Gachibowli, K.V.Rangareddy, Seri Lingampally, Telangana, India, 500032
Key Metrics
Founded Year
2013
Location
Fremont, United States
Stage
Public
Total Funding
$42.6M in 3 rounds
Latest Funding Round
Investors
Ranked
1st among 5 active competitors
Annual Revenue
$1B+ as on Mar 31, 2025
Employee Count
1,099 as on May 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public
Legal entities associated with Nextracker
Nextracker is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
NEXTPOWER INDIA PRIVATE LIMITED CIN: U29100TG2021PTC149236 , India, Active | Mar 03, 2021 | ₹1,000+ Cr (As on Mar 31, 2025) | 546 (As on Mar 01, 2026) | |
Nextpower Inc. CIN: 1852131 , United States, Active | Dec 18, 2022 | $1B+ (As on Mar 31, 2025) | 1050 (As on Mar 31, 2024) | - |
Nextracker's IPO details
Nextracker got listed on Feb 09, 2023.
Click here to take a look at Nextracker's IPO in detail
Sign up to download Nextracker's company profile
Nextracker's funding and investors
Nextracker has raised a total funding of $42.6M over 3 rounds. Its first funding round was on Feb 21, 2014. Nextracker has 9 institutional investors.
Here is the list of recent funding rounds of Nextracker:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 17, 2015 | 6775227 | Series C | 3955549 | 4772518 | 5843769 | 4181945 |
Dec 17, 2014 | 3961984 | Series B | 5641560 | 6707238 | 5764076 | |
Feb 21, 2014 | 6036779 | Series A | 4302646 | 9790962 | 8086265 |
Access funding benchmarks and valuations. Sign up today!View details of Nextracker's funding rounds and investors
Nextracker's founders and board of directors
Founder? Claim ProfileThe founders of Nextracker are Marco Miller, Marco Garcia, Dan Shugar, Alexander Au and Mike Mehawich. Dan Shugar is the CEO of Nextracker.
Here are the details of Nextracker's key team members:
- Marco Miller: Co-Founder & COO of Nextracker. Contact Info: 1 email address
- Marco Garcia: Co-Founder & CCO of Nextracker. Contact Info: 1 email address
- Dan Shugar: Co-Founder & CEO of Nextracker. Contact Info: 1 email address
- Alexander Au: Co-Founder & CTO of Nextracker. Contact Info: 1 email address
- Mike Mehawich: Co-Founder & CSO of Nextracker. Contact Info: 1 email address
View details of Nextracker's Founder profiles and Board Members
Nextracker's employee count trend
Nextracker has 1,099 employees as of May 26. Here is Nextracker's employee count trend over the years:
Uncover Nextracker's growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Nextracker's Competitors and alternates
Top competitors of Nextracker include Sono Motors, Voltiris and Titlis Projects & Engineering. Here is the list of Top 10 competitors of Nextracker, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Nextracker 2013, Fremont (United States), Public | Provider of integrated utility-scale solar platform solutions from design to operations | $42.6M | 76/100 | |
2nd | Sono Motors 2013, Munich (Germany), Public | Developer of solar solutions for vehicle original equipment manufacturers | $120M | 67/100 | |
3rd |  Voltiris 2021, Lausanne (Switzerland), Seed | Developer of solar modules compatible with greenhouse crops | $6.87M | 59/100 | |
4th | Titlis Projects & Engineering 2014, Vadodara (India), Unfunded | Provider of engineering solutions, agritech innovations, and renewable energy products | - | - | 25/100 |
5th | Provider of integrated solar energy solutions | - | - | 21/100 | |
6th |  7Solar Technologies Woburn (United States), Deadpooled | Limited information available | - | 14/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Nextracker's competitors? Click here to see the top ones
Nextracker's Investments and acquisitions
Nextracker has not made any investments yet. Nextracker has made 5 acquisitions.Here is the list of latest three $acquisitions:
Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Sep 08, 2025 | Acquisition | 2019 | Bend (United States) | |
May 15, 2025 | Acquisition | 1985 | San Jose (United States) | |
Aug 02, 2024 | Acquisition | 2017 | Burleigh Heads (Australia) |
Want to know more about where corporates are investing? Sign up today!See all acquisitions by Nextracker
Reports related to Nextracker
Here is the latest report on Nextracker's sector:
News related to Nextracker
Filter this listMedia has covered Nextracker for a total of 51 events in the last 1 year, 38 of them have been about company updates and 3 about partnerships.
•
Abacus FCF Advisors LLC Acquires New Stake in Nextpower Inc. $NXTMarketBeat•Apr 26, 2026•Nextracker,
•
Nextpower Advances Measurable Climate Leadership with SBTi-Validated Emissions Targetsnextpower.com•Mar 10, 2026•Nextracker,
•
Hel Ved Capital Management Ltd Makes New Investment in Nextpower Inc.MarketBeat•Mar 07, 2026•Helved Capital, Nextracker
•
•
Nextpower to supply US-made steel module frames to Jinko SolarRenewables Now•Feb 17, 2026•Jinko Solar, , JinkoSolar, Nextracker
•
Nextpower Arabia to supply 2.25 GW of smart solar trackers for solar projectEnergy Global•Jan 28, 2026•Abunayyan Holding, L&T Technology Services, , Larsen Toubro and 4 others
•
Nextpower Reports Third Quarter Fiscal Year 2026 Financial ResultsBusiness Wire•Jan 28, 2026•, Nextracker
•
•
Nextracker rebrands as Nextpower, expands into full energy technology platformSeeking Alpha•Nov 12, 2025•Nextracker
•
18,358 Shares in Nextracker Inc. $NXT Acquired by Bryce Point Capital LLCMarketBeat•Nov 05, 2025•Nextracker
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about Nextracker
Explore our recently published companies
- Bandhan TMX - Bhavnagar based, 2004 founded, Unfunded company
- Schauenburg - South Africa based, Unfunded company
- Proyector24.es - Barcelona based, Unfunded company
- Women Fitness - Agra based, 2000 founded, Unfunded company
- Dr. Reddy's in Netherlands - Netherlands based, 1984 founded, Public company
- Slummy Single Mummy - Taunton based, 2009 founded, Unfunded company
