MSolar Valuation, Funding & Investors

MSolar is valued at $801M as of June 2024.

Last MSolar valuation

$801M

Seed · Jun 2024

Last MSolar funding round

$1M

Seed · Jun 2024

Cumulative funding MSolar raised

$16M

across 2 funding rounds

MSolar Overview

About MSolar

MSolar is a vertically integrated solar panel manufacturer producing 4 million panels annually through in-house glass and cell production. Its state-of-the-art automated factory in the United States supports pre-sold modules for grid return of clean energy, funded by $16 million in member investments without debt.


Founded

2018

HQ

United StatesUnited States

Website

msolar.us

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

Valuation

$801M (Jun 2024)

MSolar Valuation

MSolar is currently valued at $801M, based on its seed round in June 2024.

MSolar's valuation has grown 12x from $65M at its pre-seed round in October 2020 to $801M in June 2024, across 2 priced rounds.

MSolar valuation by funding round

MSolar valuation by funding round
DateStageValuation
Jun 2024Seed$801M
Oct 2020Pre-seed$65M

MSolar Funding History

MSolar has raised a total of $16M across 2 funding rounds.

MSolar's first fundraising round was a $15M pre-seed round in October 2020. The most recent completed round was a $1M seed round in June 2024.

MSolar funding rounds

MSolar funding rounds
DateStageRaisedValuation
Jun 2024Seed$1M$801M
Oct 2020Pre-seed$15M$65M

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MSolar Competitors

MSolar competitors include listed companies like SP New Energy, West Holdings and Canadian Solar, and private ones like Mainspring Energy, LonDian and Órigo Energia.

Public and private companies comparable to MSolar
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
SP New EnergyPhilippinesPhilippinesPublicly listed$25M($46M)$958M-
Mainspring EnergyUnited StatesSan Francisco, CAPrivate--$1B-
West HoldingsJapanJapanPublicly listed$304M$74M$571M2.7x
LonDianChinaShenzhenPrivate--$800M-
Canadian SolarUnited StatesUnited StatesPublicly listed$5.6B$546M$798M1.5x
Órigo EnergiaBrazilSão PauloPrivate--$816M-

MSolar Public Comps

MSolar is still privately-owned, but its public comps include BW Offshore, Canadian Solar, TXO Partners, Tamar Petroleum, Shanghai Huitong Energy, Hunting, Energy Vault, Ballard Power Systems, Viridien and Engie Energia Peru.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
BW Offshore$510M$255M4.6x4.0x9.3x9.2x
Canadian Solar$5.6B$546M1.6x1.5x16.1x15.6x
TXO Partners$401M$91M2.4x2.6x10.7x5.7x
Tamar Petroleum$300M$140M5.0x-10.6x-
Shanghai Huitong Energy$15M$6M49.7x-119.6x-
Hunting$1B$119M0.8x0.8x7.0x6.1x
Energy Vault$204M($83M)4.6x3.6x(11.4x)(46.2x)
Ballard Power Systems$99M($85M)2.7x2.6x(3.2x)(4.6x)

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Common questions about MSolar

When was MSolar founded?MSolar was founded in 2018.
Where is MSolar headquartered?MSolar is headquartered in United States.
Is MSolar publicly listed?No, MSolar is a private company.
What is MSolar's valuation?MSolar was last valued at $801M in its seed round in June 2024.
How much funding has MSolar raised?MSolar has raised $16M across 2 funding rounds.
What was MSolar's last funding round?MSolar's last funding round was a $1M seed round in June 2024.
Which companies are comparable to MSolar?Companies comparable to MSolar include SP New Energy, Mainspring Energy, West Holdings, LonDian, Canadian Solar and Órigo Energia.

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