Sunrun

Sunrun is a U.S.-based leader in residential solar electricity and power services, with a mission to harness solar energy and empower homeowners. The company offers an innovative model called solar service, allowing homeowners to pay for electricity rather than panels. Sunrun owns, maintains, and monitors the systems, offering homeowners a low, locked-in rate for electricity, leading to substantial savings over time. Operating in twelve states, including Arizona, California, Colorado, Hawaii, Massachusetts, Maryland, New Jersey, New York, Nevada, Pennsylvania, Oregon, and Connecticut, Sunrun has a significant presence. The company installs $2 million worth of solar equipment on rooftops each business day and completes one solar installation every 10 minutes, demonstrating its strong operational capabilities. With over 30 solar installers employing more than 3,000 people, Sunrun has established a wide-reaching network. Founded in 2007 by Edward Fenster, Lynn Jurich, and Nat Kreamer, Sunrun is headquartered in San Francisco, CA. The company recently secured a significant $230.00M post-IPO debt investment on 10 April 2024, indicating confidence from investors in its market position and growth potential within the Energy, Renewable Energy, and Clean Energy industries. Sunrun's emphasis on innovative solar solutions and its strong financial support make it an attractive opportunity for potential venture capital investment.