When was Soltage founded?

Soltage was founded in 2005 and raised its 1st funding round 2 years after it was founded.

Where is Soltage located?

Soltage is headquartered in Jersey City, United States. It is registered at Jersey City, New Jersey.

How many employees does Soltage have?

As of Aug 31, 2026, the latest employee count at Soltage is 68.

Is Soltage a funded company?

Soltage is a funded company, having raised a total of $82.1M across 8 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 2007.

When was the latest funding round of Soltage?

Soltage's latest funding was a $***** Conventional Debt round on Dec 16, 2025, with participation from 0 investor.

Where does Soltage rank among its competitors?

Soltage ranks 49th amongst 1252 active competitors, of which 87 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was SunSure, which secured $628K in Aug, 2026.

Who are the top competitors of Soltage?

Soltage's top competitors include NextEra Energy, Husk Power Systems and ReNew. Among them, SunSure secured the most recent funding round in August, 2026.

Soltage - 2026 Company Profile, Team, Funding & Competitors

Soltage is an acquired company based in Jersey City (United States), founded in 2005 by Jesse Grossman. It operates as a Clean energy solutions provider: development, finance, and operation of renewable projects. Soltage has raised $82.1M in funding from investors like Prudential Capital Group, Tenaska and Basalt Infrastructure Partners. The company has 1252 active competitors, including 87 funded and 210 that have exited. Its top competitors include companies like NextEra Energy, Husk Power Systems and ReNew.

Company Details

Clean energy solutions provider: development, finance, and operation of renewable projects. The company develops and operates distributed utility-scale solar, solar-plus-storage, and standalone storage project portfolios. It offers comprehensive financial, operational, and physical asset management services. The company provides tailored approaches to meet renewable energy procurement and sustainability goals. It delivers in-house origination, development, design & engineering, finance, and asset management expertise. The business model enables engagement of diverse customers, investors, and partners in utilizing renewable power, accelerating the energy transition, reducing energy bills, and supporting domestic energy resource utilization. The company offers straightforward renewable energy options for implementation.

Website: www.soltage.com/
Social
Email ID: *****@soltage.com
Registered Address: Jersey City, New Jersey

Key Metrics

Founded Year

2005

Location

Jersey City, United States

Stage

Acquired

Total Funding

$82.1M in 8 rounds

Latest Funding Round

Conventional Debt, Dec 16, 2025, $*****

Investors

Prudential Capital Group & 4 more

Ranked

49^th among 1252 active competitors

Employee Count

68 as on Aug 31, 2026

Similar Companies

Solstice & 225 more

Exit Details

Acquired by Igneo Infrastructure Partners (Sep 07, 2023)

View Soltage's full profile

Soltage is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SOLTAGE, LLC CIN: 6296532 , United States, Active	Oct 05, 2021	-	-	-
SOLTAGE, LLC CIN: 263525294 , United States, Active	Dec 26, 999	-	50 (As on Dec 31, 2024)	-

Soltage got acquired by Igneo Infrastructure Partners on Sep 07, 2023.

Click here to take a look at Soltage's acquisition in detail

Soltage has raised a total funding of $82.1M over 8 rounds. Its first funding round was on Sep 2007. Soltage has 5 institutional investors.

Here is the list of recent funding rounds of Soltage:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 16, 2025	5969156	Conventional Debt	3565383	4837836	2842690	4556120
Mar 04, 2020	3125707	Conventional Debt	8171917	5520765	9614867	Fifth Third Bank
Jun 13, 2019	9161135	Series C	7247619	3198073	Prudential Capital Group	3537782

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View details of Soltage's funding rounds and investors

The founders of Soltage is Jesse Grossman.

Here are the details of Soltage's key team members:

Jesse Grossman: Co-Founder and CEO of Soltage.

View details of Soltage's Founder profiles and Board Members

Soltage's employee count trend

Soltage has 68 employees as of Aug 26. Here is Soltage's employee count trend over the years:

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Top competitors of Soltage include NextEra Energy, Husk Power Systems and ReNew. Here is the list of Top 10 competitors of Soltage, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	NextEra Energy 1925, Juno Beach (United States), Public	Developer of energy solutions	-	Alcor Fund, Wider Sky & 5 others	78/100
2nd	Husk Power Systems 2008, Fort Collins (United States), Series D	AI-powered distributed energy platform delivering clean, reliable power in Global South	$74.3M	Shell, STOA & 18 others	77/100
3rd	ReNew 2011, Gurugram (India), Public	Developer of wind & solar energy, hybrid, and hydro power projects	$1.64B	CPP Investments, ADIA & 28 others	76/100
4th	Engie 2008, Paris (France), Public	Provider of electricity generation and other energy services	-	rakizafund.om, Goldman Sachs & 7 others	74/100
5th	Acciona Energy 1997, Madrid (Spain), Public	Provider of renewable energy solutions	$567M	KKR, Triodos Investment Management & 3 others	73/100
6th	Greenko Group 2006, Hyderabad (India), Series F	Provider of energy transition and decarbonization solutions	$943M	ADIA, GIC & 16 others	72/100
7th	Solstice 2016, Boston (United States), Acquired	Community solar provider unlocking clean energy access and savings for all	$7.44M	Elemental, Masscec & 24 others	70/100
8th	SunSure 2015, Gurugram (India), Acquired	Provider of renewable energy solutions	$628K	L & T Finance Holdings, Shriram Pistons & Rings ... & 6 others	69/100
9th	Sonnedix 2009, Rennes (France), Acquired	Provider of independent solar power and operates renewable energy projects	$375M	J P Morgan, City National Bank & 2 others	69/100
10th	Exelon 2000, Chicago (United States), Public	Provider of energy services with an electric and natural gas distribution	-	Ideocolab, OSTI & 1 others	69/100
49th	Soltage 2005, Jersey City (United States), Acquired	Clean energy solutions provider: development, finance, and operation of renewable projects	$82.1M	Tenaska, Fifth Third Bank & 3 others	60/100