SunFunder
OperatingSunFunder is unlocking debt capital for solar energy access & climate change
- Asset Management
- Nairobi, Kenya
- Grant
- Founded 2012
- sunfunder.com ↗
- Total raised
- $81.3M
- disclosed
- Last round
- $25M
- Grant
- Rounds
- 6
- since 2012
- Investors
- 11
- on record
- Employees
- 11-50
About SunFunder
SunFunder is a mission-driven solar finance business based in Nairobi unlocking debt capital for solar energy in emerging markets, where over 2.2 billion people live without access to reliable energy. We offer borrowers a deep solar market expertise, an efficient due diligence process and strong customer partnerships, while simultaneously providing investors with diversified, high-impact, fixed income debt offerings of emerging market solar investments. We are proud to have unlocked over $135 million through our blended debt funds and deployed $82 million to 46 solar companies and projects. In doing so, we have helped over 7 million people with access to clean, reliable energy while 611k tons of CO2 is mitigated annually.
SunFunder funding6 rounds
All 6 rounds →SunFunder has raised $81.3M across 6 disclosed rounds. The latest is a $25M Grant announced 26 Sep 2018, led by OPIC - Overseas Private Investment Corporation.
- $20KSeedSeed, $20K, $20K raised to date
- $2.5MSeries ASeries A, $2.5M, $2.5M raised to date
- $3.8MSeries BSeries B, $3.8M, $6.3M raised to date
- $50MDebt FinancingDebt Financing, $50M, $56.3M raised to date
- $25MGrantGrant, $25M, $81.3M raised to date
SLA Funding Index · grey is capital raised before each round · 1 undisclosed round not drawn
Who has invested in SunFunder
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 26 Sep 2018 | SunFunder Grant | OPIC - Overseas Private Investment Corporation | $25M |
| 11 Jun 2018 | SunFunder Series C | Shell Ventures +2 | Not disclosed |
| 12 Oct 2016 | SunFunder Debt Financing | OPIC - Overseas Private Investment Corporation +3 | $50M |
| 22 Dec 2015 | SunFunder Series B | Treehouse Investments +5 | $3.8M |
| 12 Nov 2014 | SunFunder Series A | Khosla Impact +2 | $2.5M |
| 19 Mar 2013 | SunFunder Seed | Better Ventures | $20K |
SunFunder founders & team
- Ryan LevinsonFounder & CEO
SunFunder competitorssame sector · similar funding
- SunCultureLavington, Kenya
- Solarise AfricaNairobi, Kenya
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Frequently asked about SunFunder
- Where is SunFunder based and when was it founded?
- SunFunder is headquartered in Nairobi, Kenya and was founded in 2012.
- Who founded SunFunder?
- SunFunder was founded by Ryan Levinson (Founder & CEO).
- Who is the CEO of SunFunder?
- Ryan Levinson is SunFunder's Founder & CEO.
- How much funding has SunFunder raised?
- SunFunder has raised $81M across 6 disclosed rounds. Its latest, a $25M Grant, was announced on Sep 26, 2018.
- Who has invested in SunFunder?
- Backers include OPIC - Overseas Private Investment Corporation, Better Ventures, Schneider Electric, Shell Ventures and 7 others.
- What sector is SunFunder in?
- SunFunder operates in Asset Management, Finance and Energy.
