Solstice - About the company
Solstice is an acquired company based in Boston (United States), founded in 2016 by Steph Speirs and Sandhya Murali. It operates as a Community solar provider unlocking clean energy access and savings for all. Solstice has raised $7.44M in funding from investors like Techstars, Masscec and Elemental. The company has 1299 active competitors, including 89 funded and 211 that have exited. Its top competitors include companies like Husk Power Systems, NextEra Energy and Engie.
Company Details
Community solar provider unlocking clean energy access and savings for all. This organization focuses on expanding access to solar energy through community solar gardens, enabling individuals and businesses to benefit from solar power without needing to install panels on their property. They connect subscribers to local solar projects, providing credits on their electricity bills based on the solar garden's production. This model promotes affordable, accessible, and responsible energy consumption, supporting a cleaner and more equitable energy grid. They offer a platform for individuals, households, developers, and businesses to participate in the clean energy transition, fostering a community-driven approach to sustainability. The organization emphasizes ease of enrollment, cost savings, and environmental impact, making solar energy accessible to a broader audience. They provide customer support, educational resources, and partnership opportunities to further their mission of equitable access to clean energy.
- Website
- solstice.us
- Email ID
- *****@solstice.us
- Phone Number
- +1 **********
Key Metrics
Founded Year
2016
Location
Boston, United States
Stage
Acquired
Total Funding
$7.44M in 10 rounds
Latest Funding Round
Ranked
6th among 1299 active competitors
Employee Count
32 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by Perch Energy (Feb 19, 2026)
Solstice's acquisition details
Solstice got acquired by Perch Energy on Feb 19, 2026.
Click here to take a look at Solstice's acquisition in detail
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Solstice's funding and investors
Solstice has raised a total funding of $7.44M over 10 rounds. Its latest funding round was a Seed round on Jan 15, 2021 for $*****. 10 investors participated in its latest round. Solstice has 26 institutional investors.
Here is the list of recent funding rounds of Solstice:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 15, 2021 | 3681381 | Seed | 1440234 | 7719188 | 5902369 | 1961698 |
Oct 13, 2020 | 5741844 | Seed | 7807659 | 6999285 | 3417023 | 7784971 |
Aug 10, 2020 | 6520523 | Conventional Debt | 3724135 | 8337919 | 8723310 | 6955225 |
View details of Solstice's funding rounds and investors
Solstice's founders and board of directors
Founder? Claim ProfileThe founders of Solstice are Steph Speirs and Sandhya Murali.
Here are the details of Solstice's key team members:
- Steph Speirs: Co-Founder & CEO of Solstice and founder of 1 other company. Contact Info: 1 phone number
- Sandhya Murali: Co-Founder and COO of Solstice.
View details of Solstice's Founder profiles and Board Members
Solstice's employee count trend
Solstice has 32 employees as of Aug 26. Here is Solstice's employee count trend over the years:
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Solstice's Competitors and alternates
Top competitors of Solstice include Husk Power Systems, NextEra Energy and Engie. Here is the list of Top 10 competitors of Solstice, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Husk Power Systems 2008, Fort Collins (United States), Series D | AI-powered distributed energy platform delivering clean, reliable power in Global South | $74.3M | 77/100 | |
2nd | NextEra Energy 1925, Juno Beach (United States), Public | Developer of energy solutions | - | 77/100 | |
3rd | Provider of electricity generation and other energy services | - | 74/100 | ||
4th | Acciona Energy 1997, Madrid (Spain), Public | Provider of renewable energy solutions | $567M | 73/100 | |
5th | Greenko Group 2006, Hyderabad (India), Series F | Provider of energy transition and decarbonization solutions | $943M | 72/100 | |
6th | Solstice 2016, Boston (United States), Acquired | Community solar provider unlocking clean energy access and savings for all | $7.44M | 70/100 | |
7th | Provider of renewable energy solutions | $628K | 69/100 | ||
8th | Provider of independent solar power and operates renewable energy projects | $375M | 69/100 | ||
9th | Exelon 2000, Chicago (United States), Public | Provider of energy services with an electric and natural gas distribution | - | 69/100 | |
10th | Developer of wind & solar energy, hybrid, and hydro power projects | $1.64B | 68/100 |
Looking for more details on Solstice's competitors? Click here to see the top ones
Solstice's Investments and acquisitions
Solstice has made no investments or acquisitions yet.
Reports related to Solstice
Here is the latest report on Solstice's sector:
News related to Solstice
Media has covered Solstice for a total of 6 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
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Solstice in talks to merge with Element Solutions in $27B deal: FTSeeking Alpha•Jul 06, 2026•Solstice, Element Solutions
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Perch Energy Buys Solstice, Tops 3 GW Under ManagementRenewables Now•Feb 18, 2026•Perch Energy, Solstice, Mitsui, MyPower Corp
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Harmony Community Solar Farm Now Bringing Savings to Medical Center and Income-Qualified Residents in IllinoisMiningstockeducation•Dec 16, 2025•Solstice
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Curry County Enrolls in Community Solar with Solstice Power TechnologiesMiningstockeducation•Dec 04, 2025•Solstice
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Bitcoin Suisse Partners with Aztec Labs & Solstice to Boost Ethereum Privacy InfrastructureCrowdfund Insider•Dec 01, 2025•Bitcoin Suisse, Solstice
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Solstice and Google Partner to Advance Inclusive Clean Energy AccessMiningstockeducation•Jul 23, 2024•Solstice, Google.org
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Solstice Announces New Leadership: Sandhya Murali to Assume CEO RolePR Newswire•Jun 18, 2024•Solstice
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Solstice and Reactivate Expand Energy Access Across IllinoisSolar Industry•Jun 17, 2023•Reactivate, Solstice
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