About Nexamp
Nexamp focuses on solar energy solutions, particularly through Community Solar projects that allow homeowners and small businesses to benefit from solar energy without installing rooftop panels. Customers can save up to 10% on their electricity bills by subscribing to a share of a local solar farm's output. The company differentiates itself by managing all aspects of solar projects, from development to maintenance, and generating revenue through subscriptions and partnerships with property owners. Nexamp's goal is to make clean energy accessible and affordable while promoting sustainability.
Boston, MassachusettsHeadquarters
2007Year Founded
$1,008.8MTotal Funding
GROWTH_EQUITY_VCCompany Stage
EnergyIndustries
501-1,000Employees
Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
401(k) Company Match
Unlimited Paid Time Off
Paid Holidays
Commuter Benefits
Phone/Internet Stipend
Hybrid Work Options
Risks
Increased competition may impact Nexamp's market share in community solar.
Supply chain delays could affect project timelines and costs.
Regulatory changes in key states could impact financial incentives for projects.
Differentiation
Nexamp's Community Solar model eliminates the need for rooftop installations.
Partnerships with major brands like Walmart and Starbucks enhance Nexamp's market presence.
Nexamp's Registered Apprenticeship Program supports workforce development and community engagement.
Upsides
Nexamp's U.S.-made solar panels align with domestic manufacturing trends.
Collaboration with Walmart expands Nexamp's footprint across five states.
Partnership with Starbucks enhances Nexamp's reputation in energy equity and sustainability.
Funding
Total raised$1.01 B
Latest valuation$270.00 M
StageGROWTH_EQUITY_VC
$200
LATE VC
7/31/2018$54
$270.00 M