/Companies

Swell Energy

Santa Monica, US · Founded 2016 · 14 known investors

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Swell Energy provides solar and battery energy storage systems to homeowners and businesses, offering financing and installation services to accelerate renewable energy adoption. The company focuses on making clean energy accessible through flexible payment options and smart grid management solutions.

Founders & leadership

SK
Suleman KhanNamed on SEC filing
SP
Scott ParkesNamed on SEC filing
BO
Brian O'ConnorNamed on SEC filing

Board

SAShaun Abrahamson
Shaun AbrahamsonBoard directorManaging Partner at Third Sphere
BHBrandon Hurlbut
Brandon HurlbutBoard directorCo-Founder at Overture Climate

Investors · 14

Also in the syndicate · 8

Ares Infrastructure Opportunities fundAres Infrastructure Opportunities fundsGreenbacker Capital ManagementleadGreenbacker Development Opportunities Fund IGreenbacker Development Opportunities Fund I, LPleadOntario Power Generation Inc.Ontario Power Generation Pension FundSoftBank Vision Fund 2lead

Funding

SEC filings, press & company announcements

$253.6M disclosed across 3 rounds · 2019–2022

  • $120MSeries BNov 2022 · 3 sources

    Greenbacker Capital Management (lead), SoftBank Group Corp. (lead), Softbank Vision Fund 2 (lead), Ares Infrastructure Opportunities funds, Ares Management Corp., Greenbacker Development Opportunities Fund I, Ontario Power Generation Inc., Ontario Power Generation Pension Fund

    Source ↗
  • $120MraisedNov 2022 · 3 sources

    Greenbacker Development Opportunities Fund I (lead), Greenbacker Development Opportunities Fund I, LP (lead), SoftBank Vision Fund 2 (lead), Aligned Climate Capital, Ares Infrastructure Opportunities fund, Ontario Power Generation Pension Fund, Third Sphere

    Source ↗
▶$13.6MraisedDec 2019 · 17 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Suleman KhanExecutive Officer, Director
  • Scott ParkesDirector
  • Brian O'ConnorDirector
  • Shaun AbrahamsonDirector
  • Brandon HurlbutDirector
Offering amount
$14.1M
Amount sold
$13.6M
First sale
Nov 2019
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

2 people who came through Swell Energy went on to found or lead other companies.

Frequently asked questions

What does Swell Energy do?
Swell Energy provides solar and battery energy storage systems to homeowners and businesses, offering financing and installation services to accelerate renewable energy adoption. The company focuses on making clean energy accessible through flexible payment options and smart grid management solutions.
Who are Swell Energy's investors?
Swell Energy's investors include SoftBank Vision Fund, Third Sphere, Aligned Climate Capital, Ares, Overture Climate, SoftBank Group.
How much funding has Swell Energy raised?
Swell Energy has disclosed $253.6M raised across 3 rounds.
Where is Swell Energy headquartered?
Swell Energy is headquartered in Santa Monica, US.