When was Solar founded?

Solar was founded in 1919 and raised its 1st funding round 100 years after it was founded.

Where is Solar located?

Solar is headquartered in Vejen, Denmark. It is registered at 14, Gammelager, Brøndby, 2605.

How many employees does Solar have?

As of Sep 30, 2026, the latest employee count at Solar is 2868.

Is Solar a funded company?

Solar is a funded company, having raised a total of $***** in its 1st and only funding round, a Post IPO round on Nov 2019.

When was the latest funding round of Solar?

Solar's latest funding was a $***** Post IPO round on Nov 2019, with participation from 0 investor. Its primary sector is Utilities. In Denmark, the Utilities sector has seen $46.7M in funding in 2026 to date.

Where does Solar rank among its competitors?

Solar ranks 1st amongst 15 active competitors, only 1 of which is funded. SUBRA, which secured $46.7M in Apr, 2026.

Who are the top competitors of Solar?

Solar's top competitors include Danske Commodities, SUBRA and GRIDCO. Among them, SUBRA secured the most recent funding round in April, 2026.

Solar - 2026 Company Profile, Team, Funding & Competitors

Solar is a public company based in Vejen (Denmark), founded in 1919. It operates as a Sourcing and services company for electrical, heating, plumbing, and ventilation segments. Solar has raised an undisclosed amount in funding. The company has 15 active competitors, including 1 funded and 5 that have exited. Its top competitors include companies like Danske Commodities, SUBRA and GRIDCO.

Company Details

Website: solar.eu
Email ID: *****@solar.eu
Phone Number: +45 **********
Registered Address: 14, Gammelager, Brøndby, 2605

Key Metrics

Founded Year

1919

Location

Vejen, Denmark

Stage

Public

Latest Funding Round

Post IPO, Nov 2019, $*****

Investors

Monolith

Ranked

1^st among 15 active competitors

Employee Count

2,868 as on Sep 30, 2026

Investment & Acquisitions

LetsBuild & 5 more

Similar Companies

PLN & 1213 more

Exit Details

Public

View Solar's full profile

Solar is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
SOLAR INVEST A/S CIN: 73316111 , Denmark, Active	Dec 22, 1983	-	-

Solar got listed on Jun 12, 2018.

Click here to take a look at Solar's IPO in detail

Solar has raised funding over 1 round. Solar has 1 institutional investor.

Here is the list of recent funding rounds of Solar:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 2019	7097267	Post IPO	4064526	8362906	6928917	1732365

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Solar's employee count trend

Solar has 2,868 employees as of Sep 26. Here is Solar's employee count trend over the years:

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Top competitors of Solar include Danske Commodities, SUBRA and GRIDCO. Here is the list of Top 10 competitors of Solar, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Solar 1919, Vejen (Denmark), Public	Sourcing and services company for electrical, heating, plumbing, and ventilation segments	-	Monolith	57/100
2nd	Danske Commodities 2004, Aarhus (Denmark), Acquired	Provider of power & natural gas production services	-	Lind Invest, Europa	56/100
3rd	SUBRA 2014, Farum (Denmark), Series A	Specializing in superconductor R&D and aiming to transform the way electricity is transported	$46.7M	Novo Holdings, EIC Fund & 3 others	53/100
4th	GRIDCO 1995, Bhubaneswar (India), Unfunded	Distributor of electricity	-	-	48/100
5th	Energi Viborg 2000, Viborg (Denmark), Public	Provider of electricity and water distribution services	-	-	39/100
6th	PM El-regnning 1967, Brondby (Denmark), Acquired	Supplier of electricity	-	-	27/100
7th	Strømlinet 2017, Aarhus (Denmark), Funding Raised	Supplier of electricity	-	MeeW	25/100
8th	Elinord 2018, Frederikshavn (Denmark), Unfunded	Provider of electricity supply services	-	-	25/100
9th	Fors A/S 2016, Denmark, Unfunded	Municipal utility company providing water, sewage, district heating, and waste management services	-	-	24/100
10th	enkel 2024, Copenhagen (Denmark), Funding Raised	Provider of energy-related services, with an emphasis on efficient energy solutions and management, utilizing innovative technologies to optimize energy consumption and reduce costs	-	Antler	23/100

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Solar has made 4 investments in companies including LetsBuild and LetsBuild. Solar has also acquired 2 companies including Hojager Belysning and MAG45.

Here is the list of investments & acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Nov 03, 2022	Investments	LetsBuild	2003	Copenhagen (Denmark)
Mar 08, 2022	Acquisition	Hojager Belysning	1983	Harlev (Denmark)
Jan 29, 2019	Investments	LetsBuild	2003	Copenhagen (Denmark)