COMPANY PROFILE

Morgan Solar

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Provider of low-cost solar power applications

Toronto, CanadaFounded 2007Energy

Valuation $50–100M Last recorded · 2016

Headcount <100 Current team size

Total funding $50–100M Disclosed equity funding

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About Morgan Solar

Morgan Solar is a pioneering company in the solar energy sector, dedicated to making solar power the most widely used and accessible energy source globally. The company serves a diverse range of clients, including architects, utility companies, and building owners, by offering advanced solar technologies and software solutions. Operating in the renewable energy market, Morgan Solar's business model revolves around the development and sale of innovative products such as SimbaX, a silicon and cost-reducing technology for utility solar panels, and SPOTlight, a translucent photovoltaic sun shading technology for buildings. Additionally, their Sun Studio software provides intuitive 3D design capabilities for daylight, sunlight, and photovoltaic (PV) modeling for buildings. Morgan Solar generates revenue through the direct sale of these products and software solutions, as well as through strategic partnerships and installations. The company's focus on innovation and cost-efficiency positions it as a leader in the solar technology industry.

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At a glance

Status: Operational
Founded: 2007
Headquarters: Toronto, Canada
Employees: 23
Open positions: None listed
Dealroom signal: 32.5/100
Industry: Real Estate, Energy
Sub-industry: Clean Energy
Sector: Energy, Solar Energy, Sustainable Development Goals, Climate Tech, Renewable Energy, Hard Tech
Business model: Manufacturing
Client focus: b2b, b2c
Links: Website LinkedIn X

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Funding history

9 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
GRANTOther financing	Nov 2017	$7.4M	—	Sustainable Development Technology Canada	—
SERIES COther financing	Jul 2016	$10M	$40M	Kuwait Investment Authority · PERSEO · ArcTern Ventures	—

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Growth signals

Morgan Solar website traffic

Latest recorded traffic for Morgan Solar is 1.3K monthly website visits, up 85.7% over the last three months. Morgan Solar's team declined 4.2% over the past year.

Latest monthly visits1.3K 3-month web change+85.7% 1-year team growth-4.2%

Monthly website visitsApr 2016–Jul 2026

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