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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.
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
Ranked
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
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SolarWorks' founders and board of directors

Founder? Claim Profile
The 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:

SolarWorks' employee count trend

SolarWorks has 10 employees as of Aug 26. Here is SolarWorks's employee count trend over the years:
Employee count trend for SolarWorks
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for ARNERGY
ARNERGY
2013, Lagos (Nigeria), Series B
Provider of solar power solutions for residential and commercial
$30M
44/100
2nd
Logo for SOLA
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
Logo for SolarWorks
SolarWorks
2007, Cape Town (South Africa), Series A
Manufacturer of pay-as-you-go solar energy products
$2.3M
36/100
4th
Logo for Grid Africa
Grid Africa
2015, Johannesburg (South Africa), Seed
Provider of custom solar energy solutions for commercial and industrial clients
$2.8M
36/100
5th
Logo for Green Wave Group
Green Wave Group
2009, Johannesburg (South Africa), Unfunded
Provider of building management systems, solar energy, and smart metering
-
-
25/100
6th
Logo for Rubicon
Rubicon
1986, Cape Town (South Africa), Unfunded
Provider of solar services for commercial & residential
-
-
25/100
7th
Logo for Fab U Las
Fab U Las
Durban (South Africa), Unfunded
Online retailer of solar powered products and accessories
-
-
24/100
8th
Logo for Sunworx Solar
Sunworx Solar
Johannesburg (South Africa), Unfunded
Provider of solar photovoltaic systems for residential and commercial use
-
-
23/100
9th
Logo for Alumo
Alumo
2017, Pretoria (South Africa), Unfunded
Provider of residential and commercial solar energy and battery systems
-
-
22/100
10th
Logo for Wisolar
Wisolar
2016, Sandton (South Africa), Unfunded
Commercial and Residential solar power solutions
-
-
22/100
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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

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