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Solstice
American accessibility platform for local solar energy
- 21-100 employees
- B2C
- B2B
- Energy
- Sustainability
- Community
- Cambridge Highlands, Cambridge, MA
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Company mission
Solstice's mission is to put affordable clean energy within reach of every American.
13% employee growth in 12 months
Our take
Education and government policies have recently resulted in a rise in Americans seeking sustainable energy solutions for their homes and businesses, with solar energy presenting itself as one of the key solutions. However, not every property is suitable for solar paneling and it can be expensive, making it difficult and unaffordable to make the switch from fossil fuels.
Solstice connects American homeowners, renters, and businesses with local solar energy gardens, helping to reduce the cost of solar farming hardware and increase migration to renewable energy. Enrolling in the service gains customers a share of panels at nearby solar farms, providing them with the necessary credit to reduce the cost of their electric bills.
Whilst the company certainly faces competition from direct-to-customer solar panel companies, Solstice has taken a smart approach by recognizing that many Americans cannot access solar due to a lack of credit, helping them to earn this by directly connecting them with a portion of a local solar farm.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- New Year's Week Off
- Professional Development Stipend
- Quiet (no meeting) Thursdays
- 3 Team Strategy Retreats/Year
- Generous PTO
- Health/Vision/Dental Insurance
- 401k with matching
- Office Space Available By Request
- Paid Parental Leave
- Remote-First Flexible Work Environment
Company values
- Integrity - Do what’s right, not what’s easy
- Equity - Expand the benefits of the green economy to all
- Curiosity - Stay humble and hungry to learn
- Hard Work - Opportunity favors sweat and execution
- Gratitude - Acknowledge others first for their successes
Funding (last 2 of 7 rounds)
Jan 2021
$3.1m
CONVERTIBLE
May 2020
$1m
SEED
Total funding: $11.6m
This company has top investors
Leadership
Steph Speirs
(CEO)Experience as the Director for Yemen Policy of National Security Council for The White House. Global Fellow and Summer Porfolio Associate of Renewable Energy for Acumen from 2013 to 2015.
Sandhya Murali
(COO)Experience as Analyst and Associate for Barclays Capital from 2007 to 2013.