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Tigo - About the company

Tigo is a public company based in Sebastopol (United States), founded in 2007 by Ron Hadar and Zvi Alon. It operates as a Designer of solar power conversion and storage products. Tigo has raised $161M in funding from investors like Generation Investment Management, Israel Cleantech Ventures and Bessemer Venture Partners. The company has 451 active competitors, including 19 funded and 32 that have exited. Its top competitors include companies like Sungrow, Fronius and GoodWe.

Company Details

Designer of solar power conversion and storage products. It specializes in Module Level Power Electronics and smart solar technologies that enhance safety, increase energy yield, and lower operating costs for residential, commercial, and utility-scale solar systems. The company also develops and manufactures products such as TS4 Optimizers, EI Inverter, and EI battery.
Social
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Registered Address
655 Campbell Technology Pkwy Ste 150, Campbell, CA 95008, US
Key Metrics
Founded Year
2007
Location
Sebastopol, United States
Stage
Public
Total Funding
$161M in 26 rounds
Latest Funding Round
Ranked
Annual Revenue
$50M - $100M as on Dec 31, 2024
Employee Count
282 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Tigo's IPO details

Tigo got listed on Aug 10, 2021.
Click here to take a look at Tigo's IPO in detail
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Tigo's funding and investors

Tigo has raised a total funding of $161M over 26 rounds. Its first funding round was on Jun 01, 2008. Its latest funding round was a Post IPO round on Jan 10, 2023 for $*****. 1 investor participated in its latest round. Tigo has 14 institutional investors.

Here is the list of recent funding rounds of Tigo:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 10, 2023
4242904
Post IPO
7987946
2292352
9732542
1738705
May 27, 2022
9501710
Post IPO
2782385
6694496
1286138
5893075
Jan 05, 2021
9377601
Series D
6678036
6348438
3830981
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Tigo's founders and board of directors

Founder? Claim Profile
The founders of Tigo are Ron Hadar and Zvi Alon.
Here are the details of Tigo's key team members:

Tigo's employee count trend

Tigo has 282 employees as of Aug 26. Here is Tigo's employee count trend over the years:
Employee count trend for Tigo
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Tigo's Competitors and alternates

Top competitors of Tigo include Sungrow, Fronius and GoodWe. Here is the list of Top 10 competitors of Tigo, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Sungrow
Sungrow
1997, Hefei (China), Public
PV Inverter and Power Storage developer
$400M
75/100
2nd
Logo for Tigo
Tigo
2007, Sebastopol (United States), Public
Designer of solar power conversion and storage products
$161M
67/100
3rd
Logo for Fronius
Fronius
1945, Pettenbach (Austria), Funding Raised
Global family-owned company specializing in welding, solar energy, and battery charging
-
64/100
4th
Logo for GoodWe
GoodWe
2010, Suzhou (China), Funding Raised
Manufacturers of PV inverters and energy storage products
-
59/100
5th
Logo for MRO-TEK
MRO-TEK
1984, Bengaluru (India), Public
Manufactures solar UPS and inverters
-
58/100
6th
Logo for Hoymiles Converter Technology
Hoymiles Converter Technology
2008, Hangzhou (China), Unfunded
Manufacturer of microinverters and power electronics for the solar industry
-
-
58/100
7th
Logo for VNT
VNT
2003, Gurugram (India), Unfunded
Provider of remote monitoring and management of telecom sector
-
-
54/100
8th
Logo for Deye Inverter
Deye Inverter
2007, Ningbo (China), Unfunded
Manufacturer of inverters, energy storage systems, and related power products
-
-
54/100
9th
Logo for Ampt
Ampt
2007, Fort Collins (United States), Series C
Manufactures device that increase PV efficiency
$35M
-
52/100
10th
Logo for Heron Power
Heron Power
2024, Santa Cruz (United States), Series B
Provider of electricity generation and consumption services
$183M
51/100
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Tigo's Investments and acquisitions

Tigo has acquired FSIGHT. Tigo has not made any investments as of now.

Reports related to Tigo

Here is the latest report on Tigo's sector:

News related to Tigo

lockFilter this list
Media has covered Tigo for a total of 45 events in the last 1 year, 31 of them have been about company updates and 4 about partnerships.
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FAQs about Tigo

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