Sunsave - About the company
Sunsave is a series A company based in London (United Kingdom), founded in 2022 by Alick Dru and Ben Graves. It operates as a Provider of residential solar energy systems through a subscription model. Sunsave has raised $29.3M in funding from Norrsken VC, with a current valuation of £*****. The company has 11 active competitors, including 4 funded and 1 that has exited. Its top competitors include companies like Palmetto, Woltair and Yellow.
Company Details
Provider of residential solar energy systems through a subscription model. This business installs solar panels and battery storage units for homeowners. The service includes system design, installation, and ongoing maintenance. Customers pay a fixed monthly fee for the equipment and monitoring services. The hardware allows households to generate electricity, store excess power in batteries, and export surplus energy to the electrical grid. The subscription includes equipment replacement and insurance coverage for the duration of the agreement. Homeowners retain ownership of the installed hardware from the start of the contract.
- Website
- www.sunsave.energy/
- Email ID
- *****@sunsave.energy
- Phone Number
- +44 **********
- Registered Address
- 23 ANSDELL TERRACE,LONDON,ENGLAND,W8 5BY
Key Metrics
Founded Year
2022
Location
London, United Kingdom
Stage
Series A
Total Funding
$29.3M in 5 rounds
Latest Funding Round
Post Money Valuation
£***** as on May 21, 2025
Investors
Ranked
2nd among 11 active competitors
Employee Count
59 as on Apr 30, 2026
Legal entities associated with Sunsave
Sunsave is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SUNSAVE GROUP LTD CIN: 13741813 , United Kingdom, Active | Nov 13, 2021 | - | 7 (As on Dec 31, 2024) | |
SUNSAVE UK LIMITED CIN: 13941186 , United Kingdom, Active | Feb 24, 2022 | - | 25 (As on Dec 31, 2024) |
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Sunsave's funding and investors
Sunsave has raised a total funding of $29.3M over 5 rounds. Its first funding round was on Jan 28, 2022. Its latest funding round was a Conventional Debt round on Jul 21, 2025 for $*****. 1 investor participated in its latest round. Sunsave has 9 institutional investors and 5 angel investors.
Here is the list of recent funding rounds of Sunsave:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 21, 2025 | 3118002 | Conventional Debt | 9502827 | 3166246 | 4640781 | 2727034 |
Feb 15, 2025 | 9041067 | Series A | 3525541 | 6188496 | 3464251 | |
May 09, 2023 | 6233375 | Seed | 7336066 | 9165772 |
View details of Sunsave's funding rounds and investors
Sunsave's founders and board of directors
Founder? Claim ProfileHere are the details of Sunsave's key team members:
- Alick Dru: Co-Founder & CEO of Sunsave. They serve on the board of 1 company.
- Ben Graves: Co-Founder of Sunsave. They serve on the board of 1 company.
Sunsave's Board of Directors
Sunsave's board has 5 active members. Ben Graves and Ben Graves are part of team and Agate S Freimane, Michael Alan Spencer and Alexander Bernard Molyneux Dru are independent board members.Here is the list of Sunsave's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 4y 1m | |
Independent board member | - | Current | 3y 0m | |
qtxgqro | Independent board member | - | Current | 9y 3m |
wnncfck | Independent board member | - | Current | 8y 4m |
View details of Sunsave's Founder profiles and Board Members
Sunsave's employee count trend
Sunsave has 59 employees as of Apr 26. Here is Sunsave's employee count trend over the years:
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Sunsave's Competitors and alternates
Top competitors of Sunsave include Palmetto, Woltair and Yellow. Here is the list of Top 10 competitors of Sunsave, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Palmetto 2009, Charleston (United States), Series C | Residential solar energy systems and battery storage solutions | $670M | 73/100 | |
2nd | Sunsave 2022, London (United Kingdom), Series A | Provider of residential solar energy systems through a subscription model | $29.3M | 63/100 | |
3rd | Woltair 2018, Zlicin (Czech Republic), Series B | Provider of clean energy solutions including photovoltaics, heat pumps, and charging stations | $37.6M | 43/100 | |
4th | Provider of digital platform for informal merchants in Africa | $20M | 42/100 | ||
5th | Babio Power 2023, Los Angeles (United States), Unfunded | Platform providing solar energy quotes | - | - | 30/100 |
6th | Online retailer of solar energy products | - | - | 30/100 | |
7th | Offering subscription based solar energy solutions | - | - | 29/100 | |
8th | Betterology 2022, Bastrop (United States), Unfunded | Online platform offering solar-based charging solutions | - | - | 24/100 |
9th | Online platform to avail solar services | - | - | 22/100 | |
10th | Online platform offering energy storage solutions | - | 22/100 |
Looking for more details on Sunsave's competitors? Click here to see the top ones
Sunsave's Investments and acquisitions
Sunsave has made no investments or acquisitions yet.
Reports related to Sunsave
Here is the latest report on Sunsave's sector:
News related to Sunsave
Media has covered Sunsave for a total of 7 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
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Sunsave plans to turn UK into a solar nation with $156M funding.Forbes•Jan 29, 2026•IPGL, Sunsave, Norrsken VC, Credit Agricole
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Sunsave raises GBP 113M, targets full EMS offer for UK consumerspv magazine•Aug 12, 2025•IPGL, Sunsave, Norrsken VC, Credit Agricole CIB
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Sunsave secures €130.5M to make solar affordable for UK homes with €0 upfront costSilicon Canals•Jul 21, 2025•IPGL, Sunsave, Credit Agricole CIB, Norrsken Foundation
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Exeger receives €35M to ramp up production of patented solar cells used in self-powered devicesTech Funding News•Dec 19, 2023•Exeger, Sunsave, Otovo, SunRoof and 3 others
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Sunsave Secures £5.4M in Seed FundingFinSMEs•Dec 05, 2023•Sunsave, Norrsken VC, Ipgl, Plug and Play Tech Center and 1 other
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