Wetility
OperatingWetility enables you smartly generate solar power on your rooftop, then seamlessly store, release and monitor clean energy to your home or business.
- Renewable Energy
- Johannesburg, South Africa
- Venture
- Founded 2019
- wetility.energy ↗
- Total raised
- $75.7M
- disclosed
- Last round
- $27.7M
- Debt Financing
- Rounds
- 4
- since 2019
- Investors
- 2
- on record
- Employees
- 51-200
About Wetility
Wetility enables you smartly generate solar power on your rooftop, then seamlessly store, release and monitor clean energy to your home or business.
We believe that we are here to harness the sun’s power with purpose, introducing you to a hybrid solution that works seamlessly and in tandem with your current power options. Our dreams for Wetility are as big as yours for your life.
Wetility funding4 rounds
All 4 rounds →Wetility has raised $75.7M across 4 disclosed rounds. The latest is a $27.7M Venture announced 18 Jun 2025, led by Jaltech Fund Management.
- $48MDebt FinancingDebt Financing, $48M, $48M raised to date
- $27.7MVentureVenture, $27.7M, $75.7M raised to date
SLA Funding Index · grey is capital raised before each round · 2 undisclosed rounds not drawn
Who has invested in Wetility
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 18 Jun 2025 | Wetility Venture | Jaltech Fund Management | $27.7M |
| 18 Jun 2025 | Wetility Debt Financing | Jaltech Fund Management | Not disclosed |
| 07 Sep 2023 | Wetility Series A | Not disclosed | Not disclosed |
| 07 Sep 2023 | Wetility Debt Financing | Sanlam | $48M |
Wetility founders & team
Full team →- Sandeep ValodiaCo-founder and Director
- Vincent MaposaFounder & CEO
- Vincent MaposaFounder & CEO
- Sandeep ValodiaCo-founder and Director
Wetility competitorssame sector · similar funding
- SolarsaverJohannesburg, South Africa
- Grid AfricaJohannesburg, South Africa
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Frequently asked about Wetility
- Where is Wetility based and when was it founded?
- Wetility is headquartered in Johannesburg, South Africa and was founded in 2019.
- Who founded Wetility?
- Wetility was founded by Sandeep Valodia (Co-founder and Director), Vincent Maposa (Founder & CEO), Vincent Maposa (Founder & CEO) and Sandeep Valodia (Co-founder and Director).
- Who is the CEO of Wetility?
- Vincent Maposa is Wetility's Founder & CEO.
- How much funding has Wetility raised?
- Wetility has raised $76M across 4 disclosed rounds. Its latest, a $28M Venture, was announced on Jun 18, 2025.
- Who has invested in Wetility?
- Backers include Jaltech Fund Management and Sanlam.
- What sector is Wetility in?
- Wetility operates in Renewable Energy, Energy and Solar Energy.
