Soly

Netherlands
Ten Boer, Groningen, The Netherlands, 9727 DW

Company profile

Soly company profile

Soly is an international Clean Energy Tech company with a mission to make solar energy available to everyone. The company was founded in the summer of 2013 by brothers Patrick and Milan van der Meulen. The brothers were inspired at a young age by Al Gore’s documentary “An Inconvenient Truth” and have since decided to use their entrepreneurship ‘As a force for good’. The company is today one of the European market leaders in the field of decentralized energy generation and storage through solar panels, batteries and charging stations. Soly focuses on the residential and business markets and is active in the Netherlands, South Africa (2019), Belgium (2022), Germany (2023) and the United Kingdom (2023). By developing its proprietary software platform, Soly is one of the most capital-efficient energy providers, with only 140 employees across five countries. The Soly platform won a spot in the Deloitte Technology Fast50 in 2021. Soly is an impact driven company and since 2018 B Corp certified. B Corp is an international label for companies that strive for the highest standards of sustainability, financial transparency, and social justice.

Business identity

Contact email
[email protected]
Phone number
31 085 401 7000
Operating status
Active
Company type
For Profit
Employee range
101-250 employees
Revenue range
$1M-$10M
Founded
2013-06-28

Headquarters

Postal code
9727 DW
Country code
NL
Continent
Europe

Capital profile

Funding and company signals

Funding stage
Early Stage Venture
Funding rounds
2
Total equity funding
$43.7M
Last funding
Series B / $32.8M / 2024-01-15
Last equity funding
Series B / $32.8M
Investors
5
Lead investors
2
Founders
3
Articles
14

Founders and investors

Founders

Milan van der MeulenPatrick van der MeulenRichard van der Meulen

Lead investors

ArcTern VenturesFifth Wall

Investors

ABPAPG Asset ManagementArcTern VenturesFifth WallShell Ventures