![SolarEdge Technologies](https://storage.googleapis.com/dealroom-images-production/7b/MTAwOjEwMDpjb21wYW55QHMzLWV1LXdlc3QtMS5hbWF6b25hd3MuY29tL2RlYWxyb29tLWltYWdlcy8yMDI0LzA4LzI0L2M5MDJiOWNjMTY1MzQzNzkyMzVjZjk1NTRiMWYwNmI3.png)
SolarEdge Technologies
Invented an inverter solution for harvesting and managing power in a solar photovoltaic (PV) system. Learn more
Launch date
Employees
Market cap
€945m
Enterprise valuation
€982m (Public information from Sep 2024)
Share price
$21.69 SEDG
Herzliya Tel Aviv District (HQ)
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 1.5b | 2.0b | 3.1b | 3.0b | 1.1b | 1.9b | 2.3b |
% growth | 2 % | 35 % | 58 % | (4 %) | (64 %) | 80 % | 20 % |
EBITDA | 174m | 247m | 216m | 147m | (376m) | 51.1m | 243m |
% EBITDA margin | 12 % | 13 % | 7 % | 5 % | (35 %) | 3 % | 10 % |
Profit | 140m | 169m | 93.8m | 34.3m | (511m) | (120m) | 47.1m |
% profit margin | 10 % | 9 % | 3 % | 1 % | (47 %) | (6 %) | 2 % |
EV / revenue | 10.9x | 7.5x | 5.0x | 1.7x | 0.8x | 0.3x | 0.3x |
EV / EBITDA | 91.2x | 59.4x | 71.5x | 34.5x | -2.2x | 13.1x | 2.7x |
R&D budget | 163m | 220m | 290m | 321m | - | - | - |
R&D % of revenue | 11 % | 11 % | 9 % | 11 % | - | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$11.8m | Series A | ||
$23.0m | Series B | ||
$25.0m | Late VC | ||
$37.0m | Late VC | ||
$58.0m | Series D | ||
N/A | Series E | ||
N/A | $126m Valuation: $778m | IPO | |
* | N/A | $679m | Post IPO Equity |
* | N/A | Post IPO Equity | |
* | N/A | $300m | Post IPO Convertible |
Total Funding | €141m |
Recent News about SolarEdge Technologies
EditMore about SolarEdge Technologies
EditSolarEdge, a global leader in smart energy technology, innovates solutions for various energy market segments, including residential, commercial, and large-scale PV, battery storage, EV charging, home energy management, grid services, virtual power plants, and UPS, driven by world-class engineering and a focus on progress. Established in 2006, SolarEdge revolutionized PV systems with its DC-optimized inverter solution for improved power generation and lower energy costs.
Tech stack
Tech stackLearn more about the technologies and tools that this company uses.
Investments by SolarEdge Technologies
Edit![Gamatronic](https://storage.googleapis.com/dealroom-images-production/67/NzQ6NzQ6Y29tcGFueUBzMy1ldS13ZXN0LTEuYW1hem9uYXdzLmNvbS9kZWFscm9vbS1pbWFnZXMvMjAyMi8wNC8xOS9lMGNmN2NlOTNjMzUwOTkzNTQwMDIzMmZhNGJlNDBmMA==.png)
ACQUISITION by SolarEdge Technologies May 2018
![Autogrid](https://storage.googleapis.com/dealroom-images-production/7f/NzQ6NzQ6Y29tcGFueUBzMy1ldS13ZXN0LTEuYW1hem9uYXdzLmNvbS9kZWFscm9vbS1pbWFnZXMvMjAyMi8wNC8xOC8zNWI3ZjJkYjQ4ZjI3ZjRjNTU2ODYzOGM1ZjA0ZmMyMg==.png)
ACQUISITION by Uplight Dec 2023
![Kokam](https://storage.googleapis.com/dealroom-images-production/98/NzQ6NzQ6Y29tcGFueUBzMy1ldS13ZXN0LTEuYW1hem9uYXdzLmNvbS9kZWFscm9vbS1pbWFnZXMvMjAyMi8wNC8yNC8yODUyMTVhZjQzNzc1MGI0YjNhMmY3ZTFlNTE4N2I3Ng==.png)
ACQUISITION by SolarEdge Technologies Oct 2018
![Hark](https://storage.googleapis.com/dealroom-images-production/72/NzQ6NzQ6Y29tcGFueUBzMy1ldS13ZXN0LTEuYW1hem9uYXdzLmNvbS9kZWFscm9vbS1pbWFnZXMvMjAyMi8xMi8yMi9jY2UzYmY0NWJkZjMwNzNmMzM0YzllZTA3MzRlNzBlMQ==.png)
ACQUISITION by SolarEdge Technologies Jan 2023
![SMRE](https://storage.googleapis.com/dealroom-images-production/a9/NzQ6NzQ6Y29tcGFueUBzMy1ldS13ZXN0LTEuYW1hem9uYXdzLmNvbS9kZWFscm9vbS1pbWFnZXMvMjAyMS8wNS8wNS84OTkzMGExYzAzMmQyZjA1NWJhZmQ3ZDBlMmIzOTZkNw==.jpeg)
ACQUISITION by SolarEdge Technologies Jan 2019
![Wevo Energy](https://storage.googleapis.com/dealroom-images-production/b8/NzQ6NzQ6Y29tcGFueUBzMy1ldS13ZXN0LTEuYW1hem9uYXdzLmNvbS9kZWFscm9vbS1pbWFnZXMvMjAyNC8wOS8xMi9jM2ZmY2EwYzBhZGM5ZThmZjIwMTg1OWYxMTk3ODQ1NQ==.png)
ACQUISITION by SolarEdge Technologies Apr 2024