Overview

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Total Equity Funding
$19M in 3 Rounds from 3 Investors
Most Recent Funding
$5M Series C on February 23, 2016
Headquarters:
Riverside, IL
Description:
We focus on the last mile: Delivering products to the village, explaining them, selling them, and standing behind the products after sale.
Founders:
,
Categories:
Consumer, Consumer Electronics, Solar
Website:
http://www.greenlightplanet.com
Social:

Company Details

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Greenlight Planet combines cutting-edge technology with innovative distribution networks to commercialize low-power LED lanterns. The lights are bright, long-lasting, and practical, but more importantly, they are affordable enough to profitably scale to help hundreds of millions. The direct to village model is currently focused on rural off-grid, rural, and peri urban neighborhoods in Bihar and Orissa, India. These are two of India’s poorest states, with 46.6% of persons in Orissa live below the poverty line, 41.4% in Bihar. There are multiple benefits of using solar lighting products including an increase in income generation, education impact, health benefits, and a positive effect on the environment.

Funding Rounds (3) - $19M

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DateAmount / RoundValuationLead InvestorInvestors
Feb, 2016$5M / Series C1
Feb, 2015$10M / Series B1
Apr, 2012$4M / Series A1

Current Team (3)

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Board Members and Advisors (1)

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Offices/Locations (1)

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  • Office

    105 Michaux Road

    Riverside, IL 60546

    USA

Images (1)

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