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Soly logo — A Zero Energy Bill Home. It’s Possible.

Soly

A Zero Energy Bill Home. It’s Possible.

Founded 2013 The Netherlands The Netherlands 146 employees Series B Total: $30.00M Energy, Renewable Energy +1

General Information

Company Name Soly
Founded Year 2013
Location The Netherlands The Netherlands
Founders / Decision Makers
Team member Team member Team member Team member
Employees 146
Industries Energy, Renewable Energy, Clean Energy
Funding Stage Series B
Business Model B2C, B2B, D2C
Revenue Model Product Sales, Service Fee, Usage Based
Social

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About Soly

Soly, an international Energy Tech company, champions a revolutionary mission encapsulated by its slogan: "A Zero Energy Bill Home. It’s Possible." Founded in 2013 by siblings Patrick and Milan van der Meulen, the company draws inspiration from Al Gore’s impactful documentary, “An Inconvenient Truth.” Soly's mission leverages entrepreneurship as a positive force in the world, delivering broad access to solar energy solutions.

Positioned as a European leader in decentralized energy technology, Soly provides solar panels, batteries, and charging stations tailored for residential and business markets. The company has strategically expanded its footprint in the Netherlands, South Africa (2019), Belgium (2022), Germany and the United Kingdom (2023), with plans for Italy and Austria (2024).

Recognized for its commitment to impactful operations, Soly is a B Corp certified entity since 2018. Their ambitious growth trajectory is supported by a significant €30.00M Series B investment on 01 January 2024 from leading backers including Shell Ventures, ArcTern Ventures, Fifth Wall, and ABP.

Business keywords: Zero Energy Bill Home, Solar Energy, Decentralized Energy Generation, Energy Storage, Solar Panels, Batteries, Charging Stations, Residential Market, Business Market, Proprietary Software Platform, Clean Energy Tech, Impact Driven, B Corp Certified, Capital Efficiency, Deloitte Technology Fast50

Services & Products

Solar Panel Installation
Dynamic Energy Contracts
Energy Storage Solutions
Smart Energy Management
Electric Vehicle Charging

Target Customers

Residential Customers Business Customers

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Series B €30.00M 4
Shell Ventures ArcTern Ventures Fifth Wall
Shell Ventures, ArcTern Ventures +2
01 Jan 2024
Growth Equity VC Undisclosed 1
APG
APG
01 Mar 2022

Soly Alternatives & Competitors

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Soly vs
Otovo
Otovo Norway

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Soly vs
EnergyPal
EnergyPal Canada

EnergyPal: Solar & Home Batteries For Less.

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Soly vs
Enter
Enter Germany

We allow homeowners to make the best decisions regarding the energy efficiency of their home.

Series B
225 employees
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FAQ About Soly

A Zero Energy Bill Home. It’s Possible.
Soly was founded in 2013.
Soly is headquartered in The Netherlands.
Soly operates in Energy, Renewable Energy and Clean Energy. Its work centres on Zero Energy Bill Home, Solar Energy, Decentralized Energy Generation and Energy Storage. Its customers include Residential Customers and Business Customers.
Soly has a B2C, B2B and D2C business model. Its revenue comes from Product Sales, Service Fee and Usage Based.
Soly has approximately 146 employees.
Soly has completed 2 funding rounds, raising a total of $30.00M. The latest funding stage is Series B.
Soly offers: Solar Panel Installation, Dynamic Energy Contracts, Energy Storage Solutions, Smart Energy Management, Electric Vehicle Charging.
Top alternatives and competitors to Soly include Otovo, EnergyPal, Enter, Elephant Energy, Cool Earth Solar. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Soly and Otovo 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.

Source: BounceWatch company record for Soly, https://bouncewatch.com/company/soly, updated 25 September 2026. When citing, please name BounceWatch and link this page.

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