Coperniq Inc.

Coperniq Inc.

About Coperniq Inc.

Simplify's Rating
Why Coperniq Inc. is rated
C
Rated C on Competitive Edge
Rated B on Growth Potential
Rated D+ on Rating Differentiation

Industries

Data & Analytics

Energy

Company Size

11-50

Company Stage

Seed

Total Funding

$4.4M

Headquarters

San Ramon, California

Founded

2019

Overview

Company Does Not Provide H1B Sponsorship

📈
Significant Headcount Growth
Simplify Jobs

Simplify's Take

What believers are saying

  • Secured $4 million in seed funding, indicating strong investor confidence.
  • Part of the growing climate tech sector, attracting increased venture capital interest.
  • Riding the wave of rapid growth in the solar industry, expanding market opportunities.

What critics are saying

  • Facing competition from other Y Combinator-backed startups in the solar sector.
  • Remote staffing may challenge company culture and communication efficiency.
  • Potential for larger tech companies to overshadow Coperniq with competing solutions.

What makes Coperniq Inc. unique

  • Coperniq offers a unique SaaS tailored for solar installer project management.
  • The company is backed by Y Combinator, enhancing its credibility and network.
  • Coperniq leverages remote staffing solutions to efficiently scale its operations.

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Funding

Total Funding

$4.4M

Above

Industry Average

Funded Over

1 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Above Average

Industry standards

$3.3M
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood
$4M
Coperniq Inc.

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Flexible Work Hours

Stock Options

Paid Vacation

Growth & Insights and Company News

Headcount

6 month growth

↑ 6%

1 year growth

↓ -5%

2 year growth

↑ 6%
Awana
Sep 25th, 2024
Coperniq's Success Story: Remote Staffing Solutions for Team Expansion

Coperniq, an innovative energy tech company, partnered with Awana to leverage remote staffing solutions for their critical hiring needs.

Tech Startups
Nov 7th, 2023
Coperniq raises $4 million in seed round to bring SaaS to solar panel installers

On Monday, the Y Combinator-backed Coperniq announced it has secured $4 million in seed funding led by Initialized Capital, with participation from Y Combinator.

Robots.net
Nov 6th, 2023
Coperniq Raises $4M Seed Round to Revolutionize Project Management for Solar Installers | Robots.net

Coperniq secures $4M seed funding to transform solar installer project management. Stay updated with the latest news in the industry.

TechCrunch
Nov 6th, 2023
Coperniq Raises $4M Seed Round To Bring Saas To Solar Installers

cameraImage Credits: Marty Caivano/Digital First Media/Boulder Daily Camera / Getty ImagesHow do you know when a market has matured?Often, you can simply look at the usual metrics: revenue, market capitalization, customer numbers, margins, and the like. But there’s one relatively new measure that doesn’t get a ton of attention: Is there a Y Combinator-backed SaaS startup for a market?If that’s the metric, then the market for solar installers is officially mature.For years, solar installers have cobbled together project management workflows. For smaller companies, that often looked like a slew of spreadsheets. For larger ones, it meant hacking together something from Salesforce or Oracle to fit the unique needs of a solar installation. Altogether, they worked: The industry is still booming, as evidenced by the fact that jobs for solar installers are expected to grow 22% this year.But though they work, these systems aren’t ideal.Coperniq’s pitch is that its SaaS will help solar installers manage their projects better than existing solutions while also giving the companies an eye toward long-term recurring revenue. The startup was part of Y Combinator’s Winter 2023 batch, filling out part of the accelerator’s drive to invest in more climate tech startups

TechCrunch
Apr 5th, 2023
Our favorite startups from YC's Winter 2023 Demo Day — Part 1

Comics software, meat-based plants and Tesla spun-out heat pumps, anyone?

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