SolarSquare

Alternative Energy Equipment · Mumbai, India · Founded 2015 · Privately Held (backing)

Developer of a solar power system intended to drive mass adoption of rooftops that convert sunlight into usable electricity. SolarSquare is based in Mumbai, India and was founded in 2015. It was valued at $183 million at its later-stage round in Dec 2024, the last priced event on record. It has raised $60.9 million across 1 recorded round; the latest was a $4 million later-stage round in Jan 2022.

PMV mark · valuation
$183.0M
Oct 2026
Priced at
its later-stage round
Dec 2024
Total raised
$60.9M
Last round
Later Stage VC
Jan 2022

SolarSquare key facts

as of Oct 2026
  • Developer of a solar power system intended to drive mass adoption of rooftops that convert sunlight into usable electricity.
  • SolarSquare is valued at approximately $183.0M as of Oct 2026, set at its later-stage round, Dec 2024; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $60.9M across 1 recorded rounds; the latest was Later Stage VC ($4.0M) in Jan 2022.
  • Notable investors include Lightspeed Venture Partners, Astir Ventures, Lowercarbon Capital, Rainmatter Capital, Lightrock — 24 tracked in total.
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$183.0M

Valued at $183.0M at its later-stage round, Dec 2024. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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SolarSquare funding rounds

1 rounds
Jan 2022Later Stage VC$4.0M▮

SolarSquare valuation

SolarSquare was valued at $183 million at its later-stage round in Dec 2024. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has SolarSquare raised?

SolarSquare has raised $60.9 million in total; 1 of its rounds is on record. The largest on record was a $4 million later-stage round in Jan 2022.

SolarSquare investors

24 investors are on record for SolarSquare, including Lightspeed Venture Partners, Astir Ventures, Lowercarbon Capital and Rainmatter Capital. By type, the record holds 6 venture capital firms and 1 private investor. The later-stage round in Jan 2022 drew 12 investors.

Comparable companies

Comparable alternative energy equipment names by valuation on PrivateMarketView: Aalo ($450 million), Modern Hydrogen ($181 million) and Avalanche (Alternative Energy Equipment) ($130 million).

About SolarSquare

Developer of a solar power system intended to drive mass adoption of rooftops that convert sunlight into usable electricity. The company designs, installs, and maintains rooftop solar systems for homes, apartments, and small commercial establishments, enabling clients to achieve their sustainability goals and save on energy costs.

Industry
Alternative Energy Equipment
Sector
Energy
HQ
Mumbai, India
Founded
2015
Employees
2,049
Ownership
Privately Held (backing)

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