Climate tech company Colossus announces $36 million Series A funding round, bringing total funding to $41 million

Colossus is a software and services company focused on accelerating the clean energy movement. Colossus’ innovative solar software and marketplace model helps businesses of all sizes integrate, optimize, and digitize their workflows to drive business growth and clean energy adoption at scale.

“Our driving force at Colossus is to reinvent the fragmented and rapidly changing solar market through a unique portfolio of technologies and services that work together to streamline the deployment of clean energy,” said Colossus CEO and Founder. Walid Halty. “Solar installers are reporting rising customer acquisition costs even as sales shift to online modes and trust in the solar industry is at an all-time high. Our innovative software and market model support the rapid evolution of the solar + storage industry by developing tools that help drive sustainable business growth while accelerating large-scale solar adoption.”

Since its inception in 2017, Colossus (formerly Dvinci, Inc.) has rapidly grown its business, building a world-class management team with extensive experience in solar energy, software, power generation demand and workflow management.

“We were drawn to Colossus’ leadership and vision to accelerate the transition to renewable energy sources, which is inevitable for the future of our planet,” said Lanham Napier, co-founder and CEO of BuildGroup. “Colossus is uniquely positioned to create software solutions that help level the playing field for clean energy professionals and businesses of all sizes, unlocking opportunities for industry modernization while effectively addressing to growing consumer demand.

For more information, visit Colossus.com.

About Colossus
Colossus is an enterprise software and services company focused on accelerating the clean energy movement. Founded by industry leaders, Colossus aims to reinvent the fragmented and rapidly changing solar market through a unique portfolio of technologies, services and partnerships that work together to streamline the deployment of clean energy. Colossus helps solar companies across the country reach more customers and reduce ancillary costs by leveraging proprietary data and technology. Colossus’ innovative solar software and marketplace helps businesses of all sizes integrate, optimize, and digitize their workflows to drive business growth and clean energy adoption at scale.

SOURCE Colossus

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