About Wenger Ventures
Wenger Ventures is a venture capital firm founded in 2017. It is primarily based out of United States. As of Dec 2022, Wenger Ventures has invested in 13 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Environment Tech. Most recently it participated in the $***** Series B round of OpenSolar Overall, Wenger Ventures portfolio has seen 2 acquisitions, namely Terrafuse and PVComplete. A lot of funds co-invest with Wenger Ventures, with names like Howard Wenger sharing a substantial percentage of its portfolio.Key Metrics
Wenger Ventures' List of Top Investments
Wenger Ventures has a portfolio of 13 companies. Their most notable investments include OpenSolar and Terabase.Their portfolio spans across United States and Tanzania. They have invested in Enterprise Applications, High Tech, Environment Tech and 5 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Wenger Ventures:
1. OpenSolar
Cloud-based solar design and sales platform. It allows solar professionals to create rooftop solar designs on the app and has features such as deep 3D modeling tools, end-to-end business management toolkit, SolarTouch design technology, etc.
Key facts about OpenSolar
- Founded Year: 2017
- Location: Salt Lake City (United States)
- Stage: Series B
- Total Funding till date: $45M
- Employee Count: 127 as on May 31, 2026
- Investors: Google, Titanium Ventures and 6 Others
- Latest Funding Round: Series B, Oct 02, 2025, $*****
- Highlight: Editors' Pick
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2. Terabase
Developer of a web-based solar power plant optimization platform. It offers a GIS-based interface that allows users to design and optimize a solar project. It also offers features such as integrated GIS layers, auto-design functionality, and project data security.
Key facts about Terabase
- Founded Year: 2019
- Location: Berkeley (United States)
- Stage: Series C
- Total Funding till date: $207M
- Employee Count: 208 as on May 31, 2026
- Investors: Fifth Wall, Prelude Ventures and 10 Others
- Latest Funding Round: Series C, Mar 14, 2025, $*****
- Highlight: Editors' Pick
3. Leap
Provider of demand response management solutions. It offers a platform that provides demand solutions and enables users to earn its revenue by shifting energy consumption. Its features include meter data collection, bid matching, customer authorization, API connection, and much more.
Key facts about Leap
- Founded Year: 2017
- Location: San Francisco (United States)
- Stage: Series B
- Total Funding till date: $59.6M
- Employee Count: 49 as on Dec 31, 2023
- Investors: FJ Labs, Park West Asset Management and 20 Others
- Latest Funding Round: Series B, Nov 29, 2023, $*****
- Highlight: Editors' Pick
4. Solaria
Solar panel warranty support now provided by SunPower, offering comprehensive support for existing systems. They provide resources and technical documents through their online library. Customers, installers, and distributors can direct warranty inquiries and support questions to SunPower. They focus on ensuring continued support and service for solar energy solutions. They offer customer support through their website and phone. They are committed to providing assistance and information related to solar panel systems.
Key facts about Solaria
- Founded Year: 2000
- Location: Fremont (United States)
- Stage: Series D
- Total Funding till date: $271M
- Employee Count: 51 as on Sep 30, 2013
- Investors: Western Technology Investment, Adams Street Partners and 17 Others
- Latest Funding Round: Series D, Jun 10, 2019, $*****
- Highlight: Editors' Pick
5. Terrafuse
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Key facts about Terrafuse
- Founded Year: 2018
- Location: Berkeley (United States)
- Stage: Acquired
- Total Funding till date: $1.5M
- Employee Count: 6 as on May 31, 2026
- Investors: Defense.gov, Wenger Ventures and 1 Other
- Latest Funding Round: Grant (prize money), Apr 15, 2020, $*****
- Highlight: Acquired
Wenger Ventures' Year-on-Year Investment Trends
Wenger Ventures has invested in 13 companies over the last 8 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in OpenSolar.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 1 | 0 | 1 |
2021 | 0 | 0 | 0 |
2020 | 0 | 0 | 0 |
2019 | 1 | 0 | 1 |
2018 | 1 | 0 | 1 |
Wenger Ventures' Investments by Stage
Wenger Ventures has made 1 investment in Seed stage with an average round size of $2M, 1 investment in Series A stage with an average round size of $10M and 1 investment in Series B stage with an average round size of $15M.Stage of entry | No. of Investments |
|---|---|
Seed | 1 |
Series A | 1 |
Series B | 1 |
Note: We have considered here, only first round of investments
Wenger Ventures' Investments by Sector
Wenger Ventures has a diverse portfolio, with companies operating in the Energy Tech, Enterprise Applications, Environment Tech, Sustainability Tech and Energy. Notably, it has invested in 11 Enterprise (B2B) companies, 8 Tech companies, 6 Software companies and at least 3 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Energy Tech | 2 |
Enterprise Applications | 2 |
Environment Tech | 2 |
Sustainability Tech | 2 |
Energy | 1 |
Others | 4 |
Note: We have considered here, only first round of investments
Wenger Ventures' Investments by Geography
Wenger Ventures has made most investments in United States (3).Wenger Ventures' recent investments
Wenger Ventures has not made any investment in 2026 so far.Here are the most recent investments by Wenger Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 19, 2022 | United States | Series B | 8036 | [+4] | |
Nov 14, 2019 | United States | Seed | 7262 | [+3] | |
Jul 10, 2018 | United States | Series A | 9623 |
Acquired companies in Wenger Ventures' Portfolio
2 companies from Wenger Ventures' portfolio have been acquired. The most recent acquisition was PVComplete in Jan 2026 by Enact for $*****.Here are Wenger Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 13, 2026 | - | - | 4665 | |
Nov 10, 2025 | - | - | 2426 |
Co-investors of Wenger Ventures
Over the past 8 years, 21 investors have co-invested in Wenger Ventures's portfolio companies. This includes funds and angels.
- Invested before Wenger Ventures: Okapi Venture Capital, Ecosystem Integrity Fund and 2 others have invested in rounds before Wenger Ventures. There is 1 company where Okapi Venture Capital has invested before Wenger Ventures and 1 company where Ecosystem Integrity Fund has invested before Wenger Ventures.
- Top Co-investors of Wenger Ventures: 8 investors entered a company along with Wenger Ventures. These include investors like Howard Wenger (2 companies).
- Invested after Wenger Ventures: A total of 9 investors have invested in Wenger Ventures's portfolio after their investments. Top Investors include Titanium Ventures (1 company), Google (1 company) and SJF Ventures (1 company).
