SUNation - About the company
SUNation is an acquired company based in Ronkonkoma (United States), founded in 2003 by Mike Bailis. It operates as an Offers commercial and residential solar solutions. SUNation has raised $1.2M in funding. The company has 1900 active competitors, including 89 funded and 147 that have exited. Its top competitors include companies like Enel X, Origis Energy and Southern.
Company Details
- Website
- www.sunation.com/
- Phone Number
- +1 **********
- Registered Address
- Ronkonkoma,New York
Key Metrics
Founded Year
2003
Location
Ronkonkoma, United States
Stage
Acquired
Total Funding
$1.2M in 2 rounds
Latest Funding Round
Ranked
21st among 1900 active competitors
Employee Count
100 as on Jul 31, 2026
Similar Companies
Exit Details
Acquired by Pineapple Energy (Nov 10, 2022)
Legal entities associated with SUNation
SUNation is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SUNATION SOLAR SYSTEMS, INC. CIN: 753118816 , United States, Active | Dec 31, 1999 | - | 129 (As on Dec 31, 2022) | - |
SUNATION SOLAR SYSTEMS, INC. CIN: 2918662 , United States, Active | Jun 12, 2003 | - | - | - |
SUNation's acquisition details
SUNation got acquired by Pineapple Energy on Nov 10, 2022.
Click here to take a look at SUNation's acquisition in detail
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SUNation's funding and investors
SUNation has raised a total funding of $1.2M over 2 rounds. Its first funding round was on Apr 24, 2025.
Here is the list of recent funding rounds of SUNation:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 14, 2026 | 3742168 | Seed | 7327668 | 3136129 | 1020221 | 8402296 |
Apr 24, 2025 | 6734057 | Conventional Debt | 1946032 | 5329571 | 5400614 | 2966907 |
View details of SUNation's funding rounds and investors
SUNation's founders and board of directors
Founder? Claim ProfileThe founders of SUNation is Mike Bailis.
Here are the details of SUNation's key team members:
- Mike Bailis: Co-Founder of SUNation and founder of 1 other company.
View details of SUNation's Founder profiles and Board Members
SUNation's employee count trend
SUNation has 100 employees as of Jul 26. Here is SUNation's employee count trend over the years:
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SUNation's Competitors and alternates
Top competitors of SUNation include Enel X, Origis Energy and Southern. Here is the list of Top 10 competitors of SUNation, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Enel X 2001, Boston (United States), Acquired | Developer of utility-scale renewable energy projects | $168M | 74/100 | |
2nd | Origis Energy 2008, Miami (United States), Acquired | Utility Scale and commercial solar project developer | $149M | 66/100 | |
3rd | Southern 1912, Atlanta (United States), Public | Provider of energy utility, natural gas, and communications technology fund | - | 69/100 | |
4th | NextEra Energy Resources 1925, Juno Beach (United States), Public | Developer of wind and solar energy power projects | - | 65/100 | |
5th | Hillman Group 1964, Cincinnati (United States), Public | Provider of hardware and home improvement products to retail markets | - | 62/100 | |
6th | Idaho Power 1916, Boise (United States), Funding Raised | Solar panel & products installation company | - | 60/100 | |
7th | EDF Renewable Energy 1987, San Diego (United States), Funding Raised | Developer of solar & wind energy projects | - | 59/100 | |
8th | Complete Solar 2002, San Carlos (United States), Public | Solar energy solutions provider for residential and commercial needs | $22.4M | 57/100 | |
9th | Vistra 1882, Irving (United States), Public | Developer of solar energy projects | - | - | 55/100 |
10th | CleanChoice Energy 2011, Washington, DC (United States), Acquired | Renewable energy provider offering clean electricity solutions for a sustainable future | $16.6M | 55/100 | |
21st | SUNation 2003, Ronkonkoma (United States), Acquired | Offers commercial and residential solar solutions | $1.2M | - | 52/100 |
Looking for more details on SUNation's competitors? Click here to see the top ones
SUNation's Investments and acquisitions
SUNation has made no investments or acquisitions yet.
Reports related to SUNation
Here is the latest report on SUNation's geography:
News related to SUNation
Media has covered SUNation for a total of 13 events in the last 1 year, 4 of them have been about company updates and 1 about partnerships.
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SUNation Energy (NASDAQ:SUNE) Stock Price Down 8.1% – What’s Next?baseballnewssource.com•Jul 01, 2026•SUNation
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US solar installer SUNation to merge with solar cell maker SunivaRenewables Now•Jun 08, 2026•SUNation, Suniva, Monteverde
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SUNation Energy Enters Financing Agreement with Participate EnergyGlobeNewswire•Apr 17, 2026•SUNation, Participate
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SUNation Energy Announces Reduction in Long-Term Debt by Approximately $1.2 MillionGlobeNewswire•Apr 15, 2026•SUNation
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SUNation Energy Reports Fourth Quarter and Full Year 2025 Financial ResultsGlobeNewswire•Mar 18, 2026•SUNation
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SUNation Energy Enters Financing Agreement With Palmetto To Support Solar GrowthGlobeNewswire•Feb 11, 2026•Palmetto, SUNation
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