Solytic
Digital platform to maximize solar performance to save costs, drive profits and extend life cycles.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor | €0.0 | round |
| investor | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor investor investor | €0.0 Valuation: €0.0 23.8x EV/Revenue | round | |
| investor | €0.0 | round | |
* | N/A | N/A | Bankruptcy |
| Total Funding | 000k | ||
| EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 8 % | 42 % | 56 % | - | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (582 %) | (520 %) | (442 %) | (322 %) | (211 %) | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 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 |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates, Company filings or news article
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Solytic is a Berlin-based company specializing in AI-driven solar PV monitoring and analytics. The company serves a diverse range of clients including homeowners, solar asset managers, and professionals in the renewable energy sector. Operating in the global solar energy market, Solytic offers a comprehensive platform that connects over 100,000 solar assets across more than 60 countries.
Solytic's business model revolves around providing data-driven insights to maximize the profitability and performance of solar PV systems. The company offers its services for free to homeowners, while professionals benefit from up to 87% cost reduction compared to traditional monitoring solutions. Revenue is generated through subscription fees from professional users and commissions from marketplace transactions.
The platform integrates various data sources such as weather satellites, sensors, and external benchmarks to provide real-time and predictive analytics. Users receive smart alerts, long-term analysis, and performance benchmarks, enabling them to make informed decisions about maintenance, cleaning, insurance, and storage.
Solytic's marketplace also connects users with service partners, offering the best deals for additional services to enhance asset performance.
Keywords: AI-driven, solar PV, monitoring, analytics, global, cost reduction, data-driven, marketplace, performance optimization, renewable energy.