Allume logo — Developer of SolShare – the world’s only technology for conn...

Allume

Developer of SolShare – the world’s only technology for connecting apartments to rooftop solar.

Founded 2015 Australia Australia 45 employees Convertible Note Total: $11.02M Energy, Renewable Energy +1

General Information

Company Name Allume
Founded Year 2015
Location Australia Australia +3
Employees 45
Industries Energy, Renewable Energy, Clean Energy
Funding Stage Convertible Note
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About Allume

Allume is a company that has developed SolShare, the world's only technology for connecting apartments to rooftop solar. With over 2M Australians, 15M Americans, and 300M Europeans living in low and medium rise apartment buildings, the potential for solar energy is vast. The company's SolShare™ solution addresses this opportunity by enabling solar for apartments and sharing energy from a single rooftop solar system between multiple dwellings within the same building, thus overcoming technical and ownership barriers. Allume, established in 2015 in Australia, has gained market traction in the country and is now expanding rapidly in the UK and the US.

The last investment in Allume was a $1.50M Convertible Note investment on 30 August 2023, led by Elemental Excelerator and Schmidt Family Foundation. The company operates in the Energy, Renewable Energy, and Clean Energy industries, with its headquarters in Australia.

Taxonomy: rooftop solar, multifamily housing, renewable technology, solar sharing, energy distribution, sustainable living, green technology, residential energy, solar innovation, apartment solar, clean energy, demand response, energy accessibility

Funding Rounds & Investors (9)

View All
Funding Stage Amount Investors Lead Investors Date
Convertible Note •••••• 2
Investor Investor
30 Aug 2023
Series A •••••• 4
Investor Investor
•••• ••••
05 Jul 2021
Convertible Note •••••• - 01 Mar 2020
Seed Round •••••• 3
Investor
•••• ••••
01 Feb 2019
Pre Seed Round •••••• 1 •••• •••• 28 Aug 2018

View All 9 Funding Rounds

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FAQ About Allume

Developer of SolShare – the world’s only technology for connecting apartments to rooftop solar.
Allume was founded in 2015.
Allume is headquartered in Australia.
Allume operates in the following industries: Energy, Renewable Energy, Clean Energy.
Allume has approximately 45 employees.
Allume has completed 9 funding rounds, raising a total of $11.02M. The latest funding stage is Convertible Note.
Top alternatives and competitors to Allume include eFriends Energy, SolarBright Australia, Omega Solar + Batteries, SOLshare, Fresh Coast Solar. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Allume and eFriends Energy are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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