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Raycatch
AI diagnostics technology to enable automated, insight driven management of solar assets
About Raycatch
Raycatch is a pioneering startup in the solar energy sector, specializing in AI-driven diagnostics for photovoltaic (PV) systems. The company's flagship product, DeepSolar, leverages advanced artificial intelligence to provide daily actionable insights and precise fault detection for solar energy plants. This technology helps solar plant owners and operators maximize their return on investment (ROI) by increasing energy yield, reducing operational costs, and improving overall efficiency.
Raycatch primarily serves solar plant owners, operators, and maintenance teams who manage large-scale solar energy assets. The company operates in the renewable energy market, which is experiencing rapid growth due to increasing global demand for clean energy solutions.
The business model of Raycatch revolves around a software-as-a-service (SaaS) approach. Clients subscribe to the DeepSolar platform, which continuously analyzes data from their solar assets. The software generates real-time, prioritized task lists for field technicians, providing specific instructions on what needs to be fixed and when. This reduces downtime and ensures that the solar plants operate at peak performance.
Raycatch makes money through subscription fees for its DeepSolar platform. By offering a scalable and efficient solution, the company helps its clients harvest more energy from their existing assets, leverage existing feed-in tariffs, and ultimately increase their revenue.
In summary, Raycatch uses cutting-edge AI technology to provide solar plant owners with valuable insights that enhance productivity and profitability. By automating diagnostics and task prioritization, the company ensures that solar energy systems operate at their highest potential, delivering significant financial benefits to its clients.
Source: Dealroom company dataAt a glance
- Founded
- 2015
- Headquarters
- Tel Aviv-Yafo, Israel
- Sector
- Energy
Knowledge graph
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
Explore.Dream.Discover.
European Innovation Council
Series A5 investors entered at this stage
Maverick Ventures Israel
DSM
BayWa re Energy Ventures- RVRio Ventures
- DVDSM Venturing
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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