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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.
Social
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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
Investors
Ranked
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:lockFilter this list
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
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Solstice's founders and board of directors

Founder? Claim Profile
The founders of Solstice are Steph Speirs and Sandhya Murali.
Here are the details of Solstice's key team members:

Solstice's employee count trend

Solstice has 32 employees as of Aug 26. Here is Solstice's employee count trend over the years:
Employee count trend for Solstice
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Husk Power Systems
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
Logo for NextEra Energy
NextEra Energy
1925, Juno Beach (United States), Public
Developer of energy solutions
-
77/100
3rd
Logo for Engie
Engie
2008, Paris (France), Public
Provider of electricity generation and other energy services
-
74/100
4th
Logo for Acciona Energy
Acciona Energy
1997, Madrid (Spain), Public
Provider of renewable energy solutions
$567M
73/100
5th
Logo for Greenko Group
Greenko Group
2006, Hyderabad (India), Series F
Provider of energy transition and decarbonization solutions
$943M
72/100
6th
Logo for Solstice
Solstice
2016, Boston (United States), Acquired
Community solar provider unlocking clean energy access and savings for all
$7.44M
70/100
7th
Logo for SunSure
SunSure
2015, Gurugram (India), Acquired
Provider of renewable energy solutions
$628K
69/100
8th
Logo for Sonnedix
Sonnedix
2009, Rennes (France), Acquired
Provider of independent solar power and operates renewable energy projects
$375M
69/100
9th
Logo for Exelon
Exelon
2000, Chicago (United States), Public
Provider of energy services with an electric and natural gas distribution
-
69/100
10th
Logo for ReNew
ReNew
2011, Gurugram (India), Public
Developer of wind & solar energy, hybrid, and hydro power projects
$1.64B
68/100
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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

lockFilter this list
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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FAQs about Solstice

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