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Venture Capital News: Aurora Solar Raises $50M in Series B

2020-11-30
SAN FRANCISCO, CA, Aurora Solar has raised $50 million in Series B led by ICONIQ Capital.
Aurora Solar, a SaaS company developing tools that enable solar professionals to design and sell solar remotely, has raised $50 million in Series B.

This round was led by ICONIQ Capital, with follow-on participation from existing investors Energize Ventures, Fifth Wall, and Pear VC. The round brings the company's total raised capital to over $70 million.

Aurora Solar is a technology company that builds software solutions for distributed solar and storage. Using Aurora, solar installers can accurately perform remote solar shading analysis, design solar and storage systems, forecast energy production, calculate bill savings, generate sales proposals with financing options, and much more.
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