Fundraising FoxFTC Solar
NASDAQ: FTCIAustin, US · Delaware corporation
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FTC Solar develops and sells solar tracker systems that optimize panel orientation throughout the day to increase energy output, along with supporting software platforms and engineering services for utility-scale and distributed generation solar projects worldwide.
Founders & leadership
AC
Ahmad ChatilaFounder
CB
Cathy BehnenExecutiveCathy Behnen holds an MBA and BS in Accounting, bringing over 15 years of finance leadership experience including expertise in Sarbanes-Oxley compliance, risk management, and internal audit. She serves as an Executive Officer at FTC Solar, which develops solar tracker systems and software platforms for utility-scale and distributed solar projects.
SA
Sasan AminpourExecutiveSasan Aminpour is an executive officer at FTC Solar, which develops solar tracker systems and software platforms for utility-scale and distributed solar projects. He brings experience in strategy and operations roles across multinational organizations in Europe, North Asia, and the U.S.
YB
Yann BrandtExecutiveYann Brandt served as President and CEO of FTC Solar, where he oversaw revenue growth and expansion into new geographic markets, and previously held leadership roles including CEO at Quick Mount PV, President of the Americas at Conergy, and Chief Commercial and Chief Financial Officer at FlexGen. He has two decades of experience across solar manufacturing, development, finance, and storage, and publishes a daily industry newsletter.
Board
DS
David SpringerBoard director
LH
Lisan HungBoard director
PB
Pablo BarahonaBoard director
WA
William Aldeen Priddy, Jr.Board director
SS
Shaker SadasivamBoard director
Reported raises · per SEC filings
Form D private placements$15M disclosed across 1 round · 2024
▶$15MraisedDec 2024 · 1 investors · Other EnergyRule 506(b)
▶$15MraisedDec 2024 · 1 investors · Other Energy
Rule 506(b)Officers, directors & promoters on the filing
- David SpringerDirector
- Cathy BehnenExecutive Officer
- Sasan AminpourExecutive Officer
- Lisan HungDirector
- Ahmad ChatilaDirector
- Pablo BarahonaDirector
- Yann BrandtExecutive Officer, Director
- William Aldeen Priddy, Jr.Director
- Shaker SadasivamDirector
- Offering amount
- $15M
- Amount sold
- $15M
- First sale
- Dec 2024
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Valuation · disclosed
Disclosed events$876.4Mvaluation at IPOApr 2021 · $13.00/share · 424B4
filing ↗Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.
Frequently asked questions
- What does FTC Solar do?
- FTC Solar develops and sells solar tracker systems that optimize panel orientation throughout the day to increase energy output, along with supporting software platforms and engineering services for utility-scale and distributed generation solar projects worldwide.
- Who founded FTC Solar?
- FTC Solar was founded by Ahmad Chatila.
- How much funding has FTC Solar raised?
- FTC Solar has disclosed $15M raised across 1 round.
- Where is FTC Solar headquartered?
- FTC Solar is headquartered in Austin, US.