Solar sales platform Quativa pockets USD 7m in funding

Dollars in green. Author: 401(K) 2012.

November 18 (Renewables Now) - US marketplace for residential solar sales Quativa, Inc has raised USD 7 million (EUR 6.2m) in funding from investors led by Blueprint Equity, the company said yesterday.

The software platform, which connects solar sales teams, installers, homeowners and lenders, launched earlier in 2021. It is already used in nine states, books growth of over 25% monthly and is expected to expand nationwide next year.

The funds will be used for the ongoing development of the platform, while also helping the company to move closer to its future goals of broader coverage, usability upgrades and new tools.

"The solar industry is massive but fragmented – there are no easy ways for sellers and installers to connect. We see this as a tremendous opportunity because we believe Quativa’s centralized platform is well-positioned to scale across the country,” Blueprint Equity managing partner Sheldon Lewis commented.

(USD 1 = EUR 0.884)

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Before joining Renewables Now, Alex was a UK-focused business news reporter. Now she is covering global news from the renewable energy industry with a special interest in M&A.

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