Sawa Energy - About the company
Sawa Energy is a series A company based in Calgary (Canada), founded in 2011 by Phil Rickard. It operates as a Provider of on-site solar energy generation systems for commercial businesses. Sawa Energy has raised $2.9M in funding from Renew Capital and ElectriFI. The company has 51 active competitors, including 4 funded and 6 that have exited. Its top competitors include companies like CalBio, Futurebiogas and OG Clean Fuels.
Company Details
Provider of on-site solar energy generation systems for commercial businesses. The company develops and installs solar panel infrastructure at customer premises to supply renewable electricity. It manages the operation and maintenance of these systems throughout the contract duration. This service allows commercial entities to obtain power at a reduced rate compared to utility costs. The system functions independently or as a supplement to the grid, providing energy backup during outages and reducing dependence on diesel-powered generation. By deploying these assets, the business enables transition to renewable energy sources while stabilizing power costs for the site.
- Website
- www.sawaenergy.com/
- Email ID
- *****@sawaenergy.com
Key Metrics
Founded Year
2011
Location
Calgary, Canada
Stage
Series A
Total Funding
$2.9M in 3 rounds
Latest Funding Round
Investors
Ranked
1st among 51 active competitors
Employee Count
28 as on Aug 31, 2026
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Sawa Energy's funding and investors
Sawa Energy has raised a total funding of $2.9M over 3 rounds. Its first funding round was on Jan 25, 2024. Its latest funding round was a Conventional Debt round on Apr 02, 2026 for $*****. 2 investors participated in its latest round. Sawa Energy has 5 institutional investors.
Here is the list of recent funding rounds of Sawa Energy:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 02, 2026 | 9003355 | Conventional Debt | 8642287 | 3937992 | 7088277 | 6219683 |
Oct 31, 2025 | 1177289 | Series A | 4116397 | 7770176 | 6450406 | 1148726 |
Jan 25, 2024 | 7382537 | Seed | 1794985 | 7408622 | 3365770 |
View details of Sawa Energy's funding rounds and investors
Sawa Energy's founders and board of directors
Founder? Claim ProfileThe founders of Sawa Energy is Phil Rickard. Dan Rickard is the CEO of Sawa Energy.
Here are the details of Sawa Energy's key team members:
- Phil Rickard: Founder & President of Sawa Energy.
- Dan Rickard: CEO of Sawa Energy.
View details of Sawa Energy's Founder profiles and Board Members
Sawa Energy's employee count trend
Sawa Energy has 28 employees as of Aug 26. Here is Sawa Energy's employee count trend over the years:
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Sawa Energy's Competitors and alternates
Top competitors of Sawa Energy include CalBio, Futurebiogas and OG Clean Fuels. Here is the list of Top 10 competitors of Sawa Energy, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Sawa Energy 2011, Calgary (Canada), Series A | Provider of on-site solar energy generation systems for commercial businesses | $2.9M | 53/100 | |
2nd | CalBio 2006, Visalia (United States), Funding Raised | Manufacturer of renewable energy derived from dairy farm methane gas | - | 50/100 | |
3rd | Futurebiogas 2008, Guildford (United Kingdom), Funding Raised | Operator of anaerobic digestion plants that produce renewable biomethane gas | - | 47/100 | |
4th | OG Clean Fuels 2008, Heerenveen (Netherlands), Acquired | Chains providing clean fuels and charging stations for transport vehicles | - | - | 38/100 |
5th | Green-Create 2013, London (United Kingdom), Seed | Provider of consulting services for industrial scale waste energy assets | - | 37/100 | |
6th | Enagás Renovable 2019, Madrid (Spain), Seed | Enagás Renovable promotes the development of renewable gases to achieve a carbon neutral future | - | 36/100 | |
7th | Aurelia Turbines 2013, Series A | Manufacturer of high efficiency gas turbines for industrial power generation | $4.52M | 35/100 | |
8th | Provider of biogas industry advocacy resources and professional training services | - | - | 31/100 | |
9th | Bio Peleti Energija 2016, Karlovac (Croatia), Unfunded | Provider of bio pellets developing and investment services | - | - | 30/100 |
10th | GreenForty Development 2012, Edinburgh (United Kingdom), Unfunded | Renewable energy project developer | - | - | 29/100 |
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Sawa Energy's Investments and acquisitions
Sawa Energy has made no investments or acquisitions yet.
Reports related to Sawa Energy
Here is the latest report on Sawa Energy's geography:
News related to Sawa Energy
Media has covered Sawa Energy for a total of 3 events in the last 1 year.
•
Sawa Energy, a Ugandan renewable energy provider, has secured a US $2.9 million equity investmentTechgist Africa•Nov 13, 2025•Sawa Energy
•
ElectriFI invests in East African solar, storage firm Sawa EnergyRenewables Now•Oct 31, 2025•Sawa Energy, Edfimc, ElectriFi, ElectreeFi
•
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Regional energy firm Sawa joined Kigali International Financial centreAfrica Business Communities•Aug 18, 2022•Sawa Energy, RFL
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