How Much Did UMA Solar Raise?
Funding & Key Investors

UMA Solar, now operating as Magen eco-Energy US, has secured $350K in total capital, with its most recent financing round bringing in $350K. This significant strategic investment underscores the company's established position in the solar thermal and electric solutions market.

What is UMA Solar?

UMA Solar
RetailHome Improvement & Hardware Retail

UMA Solar, rebranded as Magen eco-Energy US, is a prominent distributor of solar thermal and solar electric solutions, serving both residential and commercial sectors. Boasting over four decades of industry experience, the company offers a comprehensive suite of energy-saving products, including advanced solar pool heating systems and robust solar electric solutions. Their mission is deeply rooted in reducing the global carbon footprint, supported by extensive technical and marketing assistance provided to a dealer network spanning the United States, Canada, and the Caribbean. UMA Solar is dedicated to advancing a cleaner, healthier future through pioneering solar technologies.

How much funding has UMA Solar raised?

UMA Solar has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in UMA Solar

PPP

Public-Private Partnership

What's next for UMA Solar?

The substantial capital infusion, contextualized by a large-scale late-stage funding environment and a major strategic investment, signals a period of accelerated growth and market expansion for UMA Solar (Magen eco-Energy US). This backing is likely to fuel further development of their distribution network, enhance product innovation in solar thermal and electric solutions, and potentially explore new geographic markets. The company's long-standing commitment to sustainability and its established dealer support infrastructure position it for continued success in the competitive renewable energy landscape.

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Frequently Asked Questions Regarding UMA Solar Financial Insights

What are the most recent funding rounds that UMA Solar has completed, and what were the funding rounds?
UMA Solar has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding UMA Solar has raised to date?
UMA Solar has raised a total of $350K in funding to date.
How many funding rounds has UMA Solar completed?
UMA Solar has completed 1 funding rounds.
How much funding did UMA Solar raise in its most recent funding round?
UMA Solar raised $350K in its most recent funding round.
Who are the lead investors in UMA Solar's latest funding round?
The lead investor in UMA 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 UMA Solar's history?
The largest funding round in UMA Solar's history was $350K.
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