Raymond Solar
Raymond demands and develops its own innovative products for the Nordic climate.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| N/A | €0.0 | round | |
* | N/A | Angel | |
| Total Funding | 000k | ||
| SEK | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 1951 % | 154 % | 23 % | 163 % | 82 % | (42 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 2 % | (2 %) | 1 % | (13 %) | (3 %) | (17 %) | (20 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Raymond Solar, founded in 2018 and formerly known as GruppSol, operates in the Swedish renewable energy market. The company is headquartered in Mölnlycke, Sweden, and has expanded with offices in Stockholm, Gothenburg, and Malmö. A notable investor in the company is former NHL player Mattias Weinhandl, who now acts as an angel investor. Since its inception, Raymond Solar has installed over 2,000 systems across Sweden.
The firm engineers and develops its own patented products specifically for the Nordic climate, addressing challenges like heavy snow and wind loads. Its business model involves providing and installing solar energy solutions for a diverse client base, including private individuals, housing associations, property owners, and industrial companies. Revenue is generated through the sale and installation of its solar systems and related products. A key offering is the SMART SOLAR ROOF™, a prefabricated and integrated solar roof system. This system features a patented cooling technology that can enhance electricity production by up to 20%. This product's design also aims to reduce installation costs by 50%.
Raymond Solar's product lineup includes several specialized solar panels. The SWEDISH PANEL™ is designed for durability in Nordic conditions. For aesthetic integration, the company offers SUPERBLACK and red BRICK panels that blend with corresponding roof colors. Their portfolio also contains high-output SUPERPOWER panels and the SUPERGLASS double-glazed panel, which has a 30-year warranty. In addition to solar panels, the company has launched a Solid State battery storage system, designed for safety and high performance to help customers maximize their return on investment.
Keywords: solar energy, renewable energy, Sweden, Nordic climate, solar panels, solar roof, battery storage, energy solutions, prefabricated solar roof, SMART SOLAR ROOF, SWEDISH PANEL, SUPERBLACK panels, SUPERGLASS panel, Solid State battery, energy self-sufficiency, green energy