
Off Grid Electric Stock
Off.Grid:Electric delivers on a complete technical, operational and financial model.
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About Off Grid Electric Stock
Off.Grid:Electric is the world’s first Solar-as-a-Service company, providing pay-as-you-go solar power to customers in Africa. The company makes solar energy more accessible and affordable for the region’s poor who cannot afford the high upfront costs associated with traditional solar offerings. Off.Grid:Electric keeps costs down through innovative technologies, including next-generation lithium batteries and hyper-efficient appliances, that more efficiently deliver solar infrastructure to rural communities. Affordable and reliable electricity allows customers to light their homes and expand opportunities for work and study. It also allows them to charge cell phones and connect to mobile services and critical financial resources.
Investors
Zouk Capital LLP
Funding History
March 2014 | $7.0M |
---|---|
December 2014 | $16.0M |
February 2015 | $7.0M |
October 2015 | $25.0M |
December 2015 | $45.0M |
August 2016 | $8.0M |
August 2016 | $10.0M |
January 2018 | $55.0M |
Management
VP Engineering
Milo Werner
CIO
Thor Muller
Lead Android Developer
Annyce Davis
Director of Expansion
Ari Zlotoff
CFO & Head of Business Operations
Bill Lenihan
Co-Founder & Chief Executive Officer
Xavier Helgesen
CTO & Co-Founder
Joshua Pierce
Press
renewableenergymagazine - Feb, 10 2023
Zola Electric announces launch of world’s largest off-grid solar home solution - Flex Maxtechmoran - Jan, 27 2023
ZOLA Electric Appoints Former Google CIO to its Boardtechmoran - Dec, 16 2022
Tesla-backed ZOLA Electric announces its entry to Haiti to provide reliable and affordable energytechinafrica - Sep, 30 2021
Zola Electric raises $90M to scale offeringimpactalpha - Sep, 30 2021
Zola Electric raises $90 million to expand off-grid energy accessift - Sep, 29 2021
Tesla backed ZOLA Electric is solving Africa’s energy shortage by digitising energyTechCrunch - Sep, 29 2021
Zola Electric closes $90M funding round to scale technology and enter new marketsift - Sep, 29 2021
CDC Group’s $50.9m commitment, ZOLA Electric’s digital energy, and Flutterwave X 9PSBgreentechmedia - Mar, 15 2019
Zola Electric Unveils a New ‘Smart’ Storage System to Displace Diesel and Eliminate Outagesfree-press-release - Dec, 14 2017
FLAT 20% Off On Website Design, Logo Design & SEO Servicesdisrupt-africa - Nov, 5 2016
Off Grid Electric unveils solar “business in a box”qz - Jan, 16 2016
Pay-as-you-go solar power is bringing electricity to more people in rural East Africagreentechmedia - Jan, 8 2016
Off Grid Electric Raises $45M in Debt for African Micro-Solar Leasing Platformdisrupt-africa - Jan, 8 2016
USAID grants Tanzanian solar startup Off Grid Electric $5mdisrupt-africa - Sep, 29 2015
5 African solar startups to watchtechrepublic - Sep, 29 2015
10 startups to watch from the 2015 Cleantech Forumtechmoran - Sep, 29 2015
Tanzania’s Off Grid Electric raises $16 million from SolarCity, Zouk Capital & Microsoft co-founderdisrupt-africa - Sep, 29 2015
African entrepreneurs can be in vanguard of energy, transport revolutionsventurebeat - May, 20 2015
Off Grid Electric gets $7M to 'light Africa in a decade' (exclusive) | VentureBeat | Deals | by Christina FarrTechCrunch - Dec, 8 2014
Off Grid Electric Raises $16M To Let Africans Pre-Pay For Solar Energy Just Like PhonesEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
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