When was Okra Solar founded?

Okra Solar was founded in 2016 and raised its 1st funding round 3 years after it was founded.

Where is Okra Solar located?

Okra Solar is headquartered in Sydney, Australia.

How many employees does Okra Solar have?

As of Jun 30, 2026, the latest employee count at Okra Solar is 48.

Is Okra Solar a funded company?

Okra Solar is a funded company, having raised a total of $9.9M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 12, 2019.

When was the latest funding round of Okra Solar?

Okra Solar's latest funding was a $***** Conventional Debt round on Sep 04, 2023, with participation from 1 investor.

Where does Okra Solar rank among its competitors?

Okra Solar ranks 9th amongst 43 active competitors, of which 11 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was BioLite, which secured $4M in Feb, 2025.

Who are the top competitors of Okra Solar?

Okra Solar's top competitors include BioLite, ConnectDER and Fenix International. Among them, BioLite secured the most recent funding round in February, 2025.

Okra Solar - 2026 Company Profile, Team, Funding & Competitors

Company Details

P2P Solar power sharing platform. The system can also integrate existing installations into the common grid. It offers solutions where excess power generated post-sharing that was wasted previously can be used to power productive uses and supply powerless neighbors.

Website: www.okrasolar.com/
Social
Email ID: *****@okrasolar.com

Key Metrics

Founded Year

2016

Location

Sydney, Australia

Stage

Series A

Total Funding

$9.9M in 6 rounds

Latest Funding Round

Conventional Debt, Sep 04, 2023, $*****

Investors

Explorer Investments & 13 more

Ranked

9^th among 43 active competitors

Employee Count

48 as on Jun 30, 2026

Similar Companies

BioLite & 22 more

View Okra Solar's full profile

Okra Solar has raised a total funding of $9.9M over 6 rounds. Its first funding round was on Mar 12, 2019. Its latest funding round was a Conventional Debt round on Sep 04, 2023 for $*****. 1 investor participated in its latest round. Okra Solar has 14 institutional investors.

Here is the list of recent funding rounds of Okra Solar:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 04, 2023	5853342	Conventional Debt	1406186	1856678	5739749	5579265
Sep 04, 2023	6945620	Series A	2118528	6078804	9072611	FMO & 3 more
Dec 28, 2022	8510617	Conventional Debt	4652270	5084812	6220507	ElectriFI

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View details of Okra Solar's funding rounds and investors

The founders of Okra Solar are Afnan Hannan and Damian Veling.

Here are the details of Okra Solar's key team members:

Afnan Hannan: Co-Founder & Software Engineer of Okra Solar.
Contact Info: 1 email address
Damian Veling: Co-Founder & Engineer of Okra Solar.
Contact Info: 1 email address

View details of Okra Solar's Founder profiles and Board Members

Okra Solar's employee count trend

Okra Solar has 48 employees as of Jun 26. Here is Okra Solar's employee count trend over the years:

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Top competitors of Okra Solar include BioLite, ConnectDER and Fenix International. Here is the list of Top 10 competitors of Okra Solar, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	BioLite 2009, Brooklyn (United States), Series B	Outdoor and off-grid charging, cooking, and lighting solutions provider	$16.2M	Acumen, KawiSafi Ventures & 13 others	58/100
2nd	ConnectDER 2011, Falls Church (United States), Series D	Developer of meter socket adapters for solar, battery, and EV installs	$72.5M	Clean Energy Venture Group, Energy Innovation Capital ... & 21 others	58/100
3rd	Fenix International 2009, San Francisco (United States), Acquired	Makes plug-and-play smart batteries	$16.6M	AlphaMundi, start-ups & 12 others	52/100
4th	Wattstor 2013, London (United Kingdom), Acquired	Provider of solar energy based microgrid management platform	-	Janom, Aksl & 11 others	50/100
5th	Mobisol 2010, Berlin (Germany), Acquired	Offers solar systems with pay as you go model	$26.9M	Finnfund, DEG & 8 others	47/100
6th	Baobab + 2015, Senegal, Acquired	Provider of agent-based payment solutions	$14.1M	Norfund, Symbiotics Group & 2 others	46/100
7th	Sesame Solar 2017, Jackson (United States), Funding Raised	Provider of solar nanogrid solutions	-	PAX Momentum, VSC Ventures	45/100
8th	Sol Systems 2008, Washington, DC (United States), Late Stage	Developer of clean energy infrastructure and environmental commodity management services	-	KKR	43/100
9th	Okra Solar 2016, Sydney (Australia), Series A	P2P Solar power sharing platform	$9.9M	SIG, Schneider Electric & 12 others	43/100
10th	Evergen 2015, Newcastle (Australia), Series B	Provider of decentralized renewable energy management solutions	$17.2M	AMP Capital, CSIRO & 4 others	43/100