Sunstone Credit - About the company
Sunstone Credit is a series A company based in Baltimore (United States), founded in 2021 by Sumbul Alvi. It operates as a Provider of digital financing solutions for commercial property improvement projects. Sunstone Credit has raised $24.5M in funding from investors like Grotech Ventures, Cross River Bank and Forbright. The company has 1260 active competitors, including 32 funded and 50 that have exited. Its top competitors include companies like Sunnova, SolarCity and PosiGen.
Company Details
Provider of digital financing solutions for commercial property improvement projects. This organization offers specialized lending products designed to support businesses seeking to upgrade infrastructure. The service facilitates capital access for various installations including energy systems, heating and cooling units, and electrical vehicle charging stations. By utilizing an online application process, the entity streamlines the underwriting workflow for contractors and their clients. The financing structure provides flexible terms intended to assist organizations in managing capital expenditures while maintaining control over customer relationships. The service eliminates traditional paperwork requirements through a fully integrated digital platform. This approach allows contractors to offer payment options directly to their commercial and non-profit customers. The lending process focuses on transparency and efficiency to ensure that projects proceed without unnecessary delays.
- Website
- www.sunstonecredit.com/
- Email ID
- *****@sunstonecredit.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2021
Location
Baltimore, United States
Stage
Series A
Total Funding
$24.5M in 3 rounds
Latest Funding Round
Investors
Ranked
6th among 1260 active competitors
Employee Count
32 as on Jul 31, 2026
Investment & Acquisitions
Legal entities associated with Sunstone Credit
Sunstone Credit is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Sunstone Credit, Inc CIN: 86-3460684 , United States, Active | Dec 31, 2020 | - | 13 (As on Dec 31, 2021) | - |
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Sunstone Credit's funding and investors
Sunstone Credit has raised a total funding of $24.5M over 3 rounds. Its latest funding round was a Series A round on Jan 31, 2023 for $*****. 5 investors participated in its latest round. Sunstone Credit has 9 institutional investors.
Here is the list of recent funding rounds of Sunstone Credit:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 31, 2023 | 6491553 | Series A | 6139246 | 8962558 | 1925153 | 1020230 |
Feb 10, 2022 | 9699511 | Seed | 8502333 | 1715578 | 6075979 |
View details of Sunstone Credit's funding rounds and investors
Sunstone Credit's founders and board of directors
Founder? Claim ProfileThe founders of Sunstone Credit is Sumbul Alvi.
Here are the details of Sunstone Credit's key team members:
- Sumbul Alvi: Co-Founder and CTO of Sunstone Credit.
View details of Sunstone Credit's Founder profiles and Board Members
Sunstone Credit's employee count trend
Sunstone Credit has 32 employees as of Jul 26. Here is Sunstone Credit's employee count trend over the years:
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Sunstone Credit's Competitors and alternates
Top competitors of Sunstone Credit include Sunnova, SolarCity and PosiGen. Here is the list of Top 10 competitors of Sunstone Credit, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Sunnova 2010, Houston (United States), Public | A residential solar and energy storage provider | $1.54B | 77/100 | |
2nd | SolarCity 2006, San Mateo (United States), Acquired | Provider of home solar energy solutions and systems for clean, renewable energy production and management | $1.28B | 72/100 | |
3rd | PosiGen 2011, New York City (United States), Series E | Provider of solar panel energy solution for enterprises | $280M | 66/100 | |
4th | 3Degrees 2007, San Francisco (United States), Series B | Energy Services Company | $9.98M | 63/100 | |
5th | Sunlight Financial 1988, New York City (United States), Acquired | Residential solar finance | $260M | 56/100 | |
6th | Sunstone Credit 2021, Baltimore (United States), Series A | Provider of digital financing solutions for commercial property improvement projects | $24.5M | 54/100 | |
7th | SunPower 1985, Orem (United States), Series D | SunPower – Powering a Brighter Future | SunPower® | $164M | 52/100 | |
8th | Alpha Generation 2017, Houston (United States), Series D | Provider of power generation facilities | $1.5B | 50/100 | |
9th | SOLV Energy 2008, San Diego (United States), Public | Developer of diversified style of solar panels | - | - | 48/100 |
10th | Luminia 2018, San Diego (United States), Seed | Commercial property solar & sustainability financing solutions | $1.18M | - | 47/100 |
Looking for more details on Sunstone Credit's competitors? Click here to see the top ones
Sunstone Credit's Investments and acquisitions
Sunstone Credit has acquired 2 companies including ORKA Finance and Sunlight Financial. Sunstone Credit has not made any investments as of now.Reports related to Sunstone Credit
Here is the latest report on Sunstone Credit's geography:
News related to Sunstone Credit
Media has covered Sunstone Credit for 1 event in last 1 year, It was about company updates.
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Sunstone Credit Completes Financing for King Energy Solar PortfolioMiningstockeducation•Dec 05, 2025•King Energy, Sunstone Credit
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Sunstone Credit Powers Solar Installation Project at Baltimore’s 2101 E. Biddle StreetGlobeNewswire•Dec 04, 2024•Sunstone Credit
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Sunstone Credit Finances Bonnell Motors’ $1 Million Transition to Solar EnergyBakersfield•Jul 17, 2024•Bonnell Ford, Sunstone Credit
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DLL, Sunstone Credit Partner to Accelerate Adoption of Renewable EnergyEquipment Finance Advisor•May 30, 2024•DLL Group, Sunstone Credit
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M&T Bank, Sunstone Credit Partner on Solar Financing Program for BusinessesEquipment Finance Advisor•Apr 26, 2024•Sunstone Credit, M&T Bank
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M&T Bank, Sunstone Credit Partner on Solar Financing Program for BusinessesABL Advisor•Apr 26, 2024•Sunstone Credit, M&T Bank
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