SolarWorks - About the company
SolarWorks is a series A company based in Cape Town (South Africa), founded in 2007 by Arnoud Vroomen and Bernard Hulshof. It operates as a Manufacturer of pay-as-you-go solar energy products. SolarWorks has raised $2.3M in funding from EDP Renewables. The company has 129 active competitors, including 4 funded and 1 that has exited. Its top competitors include companies like ARNERGY, SOLA and Grid Africa.
Company Details
SolarWorks, a pay-as-you-go (PAYG) company based in Mozambique, develops, manufactures and markets solar home system and other related products to off-grid households and small businesses in rural and peri-urban areas. The products portfolio includes solar powerbox; solar roof light; solar power balls; and other accessories like crocodile clamps, 9V charger, inverter, and anti-theft installation kit. The power box is integrated with automated data collection facility which gives clients control over their power consumption data and all transactions are automated using mobile technology. Holds product development unit in The Netherlands with strong market presence is in Southern Africa.
- Website
- solar-works.co.za
- Email ID
- *****@solar-works.co.za
- Phone Number
- +27 **********
Key Metrics
Founded Year
2007
Location
Cape Town, South Africa
Stage
Series A
Total Funding
$2.3M in 2 rounds
Latest Funding Round
Investors
Ranked
3rd among 129 active competitors
Employee Count
10 as on Aug 31, 2026
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SolarWorks's funding and investors
SolarWorks has raised a total funding of $2.3M over 2 rounds. Its first funding round was on Oct 09, 2018. Its latest funding round was a Conventional Debt round on Jan 17, 2019 for $*****. 2 investors participated in its latest round. SolarWorks has 4 institutional investors.
Here is the list of recent funding rounds of SolarWorks:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 17, 2019 | 6771754 | Conventional Debt | 5006905 | 2385427 | 5840726 | 6224108 |
Oct 09, 2018 | 6461033 | Series A | 4995848 | 9686075 |
View details of SolarWorks's funding rounds and investors
SolarWorks' founders and board of directors
Founder? Claim ProfileThe founders of SolarWorks are Arnoud Vroomen and Bernard Hulshof. Arnoud Vroomen is the CEO of SolarWorks.
Here are the details of SolarWorks' key team members:
- Arnoud Vroomen: Co-Founder & CEO of SolarWorks.
- Bernard Hulshof: Co-Founder of SolarWorks.
View details of SolarWorks's Founder profiles and Board Members
SolarWorks' employee count trend
SolarWorks has 10 employees as of Aug 26. Here is SolarWorks's employee count trend over the years:
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SolarWorks's Competitors and alternates
Top competitors of SolarWorks include ARNERGY, SOLA and Grid Africa. Here is the list of Top 10 competitors of SolarWorks, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of solar power solutions for residential and commercial | $30M | 44/100 | ||
2nd | SOLA 2008, Cape Town (South Africa), Series B | Renewable energy company specializing in solar PV installation and providing global employment solutions for tech teams | $26.2M | - | 44/100 |
3rd | SolarWorks 2007, Cape Town (South Africa), Series A | Manufacturer of pay-as-you-go solar energy products | $2.3M | 36/100 | |
4th | Grid Africa 2015, Johannesburg (South Africa), Seed | Provider of custom solar energy solutions for commercial and industrial clients | $2.8M | 36/100 | |
5th | Green Wave Group 2009, Johannesburg (South Africa), Unfunded | Provider of building management systems, solar energy, and smart metering | - | - | 25/100 |
6th | Rubicon 1986, Cape Town (South Africa), Unfunded | Provider of solar services for commercial & residential | - | - | 25/100 |
7th | Fab U Las Durban (South Africa), Unfunded | Online retailer of solar powered products and accessories | - | - | 24/100 |
8th | ![]() Sunworx Solar Johannesburg (South Africa), Unfunded | Provider of solar photovoltaic systems for residential and commercial use | - | - | 23/100 |
9th | Alumo 2017, Pretoria (South Africa), Unfunded | Provider of residential and commercial solar energy and battery systems | - | - | 22/100 |
10th | Wisolar 2016, Sandton (South Africa), Unfunded | Commercial and Residential solar power solutions | - | - | 22/100 |
Looking for more details on SolarWorks's competitors? Click here to see the top ones
SolarWorks's Investments and acquisitions
SolarWorks has made no investments or acquisitions yet.
Reports related to SolarWorks
Here is the latest report on SolarWorks's sector:
News related to SolarWorks
•
OHROS helps solar company in Mozambique expand its horizonsConsultancy•May 08, 2024•OHROS Energy Group, SolarWorks
•
SolarWorks secures $2M in debt from SunFunder & MFX SolutionsDigest Africa•Jan 17, 2019•SunFunder, SolarWorks, MFX Solutions
•
SolarWorks! Secures €2M to Boost International Expansion Across Southern AfricaTechgist Africa•Oct 09, 2018•SolarWorks, EDP Renewables, Persistent
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