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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.
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Email ID
*****@sawaenergy.com
Key Metrics
Founded Year
2011
Location
Calgary, Canada
Stage
Series A
Total Funding
$2.9M in 3 rounds
Ranked
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
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Sawa Energy's founders and board of directors

Founder? Claim Profile
The 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:

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:
Employee count trend for Sawa Energy
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Sawa Energy
Sawa Energy
2011, Calgary (Canada), Series A
Provider of on-site solar energy generation systems for commercial businesses
$2.9M
53/100
2nd
Logo for CalBio
CalBio
2006, Visalia (United States), Funding Raised
Manufacturer of renewable energy derived from dairy farm methane gas
-
50/100
3rd
Logo for Futurebiogas
Futurebiogas
2008, Guildford (United Kingdom), Funding Raised
Operator of anaerobic digestion plants that produce renewable biomethane gas
-
47/100
4th
Logo for OG Clean Fuels
OG Clean Fuels
2008, Heerenveen (Netherlands), Acquired
Chains providing clean fuels and charging stations for transport vehicles
-
-
38/100
5th
Logo for Green-Create
Green-Create
2013, London (United Kingdom), Seed
Provider of consulting services for industrial scale waste energy assets
-
37/100
6th
Logo for Enagás Renovable
Enagás Renovable
2019, Madrid (Spain), Seed
Enagás Renovable promotes the development of renewable gases to achieve a carbon neutral future
-
36/100
7th
Logo for Aurelia Turbines
Aurelia Turbines
2013, Series A
Manufacturer of high efficiency gas turbines for industrial power generation
$4.52M
35/100
8th
Logo for Biogas
Biogas
2011, Gurugram (India), Unfunded
Provider of biogas industry advocacy resources and professional training services
-
-
31/100
9th
Logo for Bio Peleti Energija
Bio Peleti Energija
2016, Karlovac (Croatia), Unfunded
Provider of bio pellets developing and investment services
-
-
30/100
10th
Logo for GreenForty Development
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.
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FAQs about Sawa Energy

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