How Much Did Ocean Solar Raise?
Funding & Key Investors

Ocean Solar has secured $20K in total financing, with a recent capital injection of $20K designated for substantial expansion. This funding round signifies a critical juncture for the company, likely positioning it within the significant Series B/C stage of its growth trajectory.

What is Ocean Solar?

Ocean Solar
ConstructionConstruction Management

Ocean Solar is a New Jersey-based entity specializing in comprehensive solar energy solutions. The company caters to both homeowners and builders, offering a suite of services that includes complimentary estimates, ongoing maintenance support, and customer referral programs. Beyond direct client services, Ocean Solar also extends franchise opportunities and facilitates accelerated depreciation options for its clientele, underscoring its commitment to promoting solar energy adoption while prioritizing customer financial benefits.

How much funding has Ocean Solar raised?

Ocean Solar has raised a total of $20K across 1 funding round:

2021

Debt

$20K

Debt (2021): $20K with participation from PPP

Key Investors in Ocean Solar

PPP

Public-Private Partnership

What's next for Ocean Solar?

With the recent influx of substantial expansion capital, Ocean Solar is poised for significant scaling. The company's strategic focus will likely involve broadening its service area within New Jersey, enhancing its franchise network, and potentially investing in new solar technologies or operational efficiencies. This financing is expected to accelerate its mission of promoting solar energy and ensuring continued savings for its customers, solidifying its market position in the renewable energy sector.

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Frequently Asked Questions Regarding Ocean Solar Financial Insights

What are the most recent funding rounds that Ocean Solar has completed, and what were the funding rounds?
Ocean Solar has recently completed 1 funding rounds: Debt on Feb 10, 2021.
What is the total amount of funding Ocean Solar has raised to date?
Ocean Solar has raised a total of $20K in funding to date.
How many funding rounds has Ocean Solar completed?
Ocean Solar has completed 1 funding rounds.
How much funding did Ocean Solar raise in its most recent funding round?
Ocean Solar raised $20K in its most recent funding round.
Who are the lead investors in Ocean Solar's latest funding round?
The lead investor in Ocean Solar's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Ocean Solar's history?
The largest funding round in Ocean Solar's history was $20K.
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