PVPower

About PVPower

PVPower.com, established in 2009 by Nick Yecke and Dan Kuthy, initially operated as an online marketplace and distributor for solar photovoltaic equipment. Headquartered in Chicago, the company specialized in the sale and distribution of solar panels, inverters, charge controllers, and batteries. The firm secured a total of $1.01 million in funding over two rounds, including investments from notable accelerators Techstars and Excelerate Labs. A significant angel round of $994,000 occurred on December 13, 2011.

The company's business model centered on providing a comprehensive platform for the clean technology industry, targeting both businesses and households for enhanced energy independence. A core component of their offering was the SolarBear software, a web-based platform designed to empower solar installers across the United States. This tool enabled users to efficiently search through thousands of equipment configurations, providing real-time data on pricing, inventory availability, and shipping logistics. This functionality allowed installers to design, quote, and procure complete solar systems more effectively.

In a strategic shift, PVPower was acquired by Zero6 Energy on February 5, 2014, in a deal valued at $110,000. Following this transaction, the company was designated as an "acqui-hired" entity, indicating a primary interest in acquiring the team's talent and expertise along with the business assets. While PVPower.com itself was absorbed, the "Solar Bear" brand continues to operate, though its focus has shifted from a software platform to a full-service solar installation company providing residential and commercial systems, energy storage, and roofing services in states like Florida.