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Solstice
acquired by Perch EnergyTechstars '17Boston, US · Founded 2014 · 32 employees on LinkedIn · 13 known investors
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Acquired by Perch Energy February 2026 · terms undisclosed · source ↗
Solstice connects households and businesses to local solar farms through a software platform that qualifies subscribers based on energy needs rather than credit scores, enabling bill savings through solar credits. The company focuses on making clean energy accessible to underserved communities across the United States.
Founders & leadership
Solstice was founded in 2014 by Sandhya Murali and Steph Speirs.
Board
Investors · 13
How we know: the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: E8 Angels's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: SE Ventures's portfolio page · the VCSheet dataset · Not right? Tell us
How we know: SustainVC's portfolio page · Not right? Tell us
How we know: the Techstars portfolio · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: press coverage · Not right? Tell us
How we know: the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
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How we know: funding news · press coverage · Not right? Tell us
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Funding
SEC filings, press & company announcements$47.6M disclosed across 4 rounds · 2018–2026
▶$3.1MraisedAug 2020 · 19 investors · Other TechnologyRule 506(b)
- Stephanie SpeirsExecutive Officer, Director
- Sandhya MuraliExecutive Officer, Director
- Offering amount
- $3.5M
- Amount sold
- $3.1M
- First sale
- May 2020
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
▶$2.5MraisedJan 2019 · 25 investors · Environmental ServicesRule 506(b)
- Kirk ArnoldDirector
- Schuyler LanceDirector
- Stephanie SpeirsExecutive Officer, Director
- Sandhya MuraliExecutive Officer, Director
- Offering amount
- $4M
- Amount sold
- $2.5M
- Proceeds to insiders
- $190K
- First sale
- Dec 2018
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Related companies · 2
Companies working in the same space as Solstice.
Frequently asked questions
- What does Solstice do?
- Solstice connects households and businesses to local solar farms through a software platform that qualifies subscribers based on energy needs rather than credit scores, enabling bill savings through solar credits. The company focuses on making clean energy accessible to underserved communities across the United States.
- Who founded Solstice?
- Solstice was founded by Sandhya Murali, Steph Speirs in 2014.
- Who are Solstice's investors?
- Solstice's investors include American Family Insurance Institute for Corporate and Social Impact, Dorm Room, E8 Angels, SE Ventures, SustainVC, Techstars, True Wealth Ventures, Ford Street Ventures and 5 more.
- How much funding has Solstice raised?
- Solstice has disclosed $47.6M raised across 4 rounds.
- Who acquired Solstice?
- Solstice was acquired by Perch Energy.
- Where is Solstice headquartered?
- Solstice is headquartered in Boston, US.