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Industries
Data & Analytics
Energy
AI & Machine Learning
Company Size
51-200
Company Stage
Series C
Total Funding
$62.1M
Headquarters
Somerville, Massachusetts
Founded
2015
Raptor Maps offers software solutions for the solar energy industry, focusing on solar photovoltaic (PV) systems. Their main product, Raptor Solar, is a software-as-a-service (SaaS) platform that uses digital twins, aerial thermal inspections, and machine learning to provide detailed analytics for optimizing solar assets. The platform stands out by integrating data from various sources, ensuring clients can meet warranty requirements and have a comprehensive view of their solar performance. The goal is to enhance the management and efficiency of solar PV assets for stakeholders in the renewable energy sector.
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Total Funding
$62.1M
Below
Industry Average
Funded Over
6 Rounds
Industry standards
Health Insurance
Dental Insurance
Vision Insurance
Unlimited Paid Time Off
401(k) Retirement Plan
Raptor Maps has closed a $35 million Series C financing round led by Maverix Private Equity, with participation from existing investors. The investment aims to enhance solar farm productivity and accelerate smart energy solutions. Raptor Maps plans to use the funds to advance product development in solar automation and machine-learning insights, and to expand its team. The company recently launched Raptor Solar Sentry, a software product for solar operations and maintenance.
Raptor Maps secured a $22 million Series B investment in 2022 from Canadian private investment firm MacKinnon, Bennett & Co., a specialist in energy, transportation, and climate tech.
Raptor Maps, a Boston-based company, raised $35 million in Series C funding led by Maverix Private Equity, with participation from existing investors. The funds will be used to enhance product development in solar automation, work management, and machine-learning insights, and to expand their team in software engineering and data science.
Raptor Maps has released the sixth edition of its Global Solar Report, featuring data this year that it says demonstrates the underperformance of solar assets.
BOSTON--(BUSINESS WIRE)--Raptor Maps, the leading provider of solar asset health management software, announced that Luminace is deploying a groundbreaking advancement in Commercial and Industrial (CI) solar operations with Raptor Maps’ Instant Inspections. The AI-driven offering enables the detection of high-priority thermal anomalies 99% faster than conventional solar aerial inspections. Luminace, a Brookfield company with a distributed generation portfolio spanning more than 1,400 MW across over 1,400 sites, rigorously tested and validated the AI-powered solution across multiple sites (rooftop, carport, and ground-mount). With Instant Inspections, Luminace technicians can collect aerial inspection data, receive results, and remediate high-priority issues on the same day. The Raptor Maps software underpinning Instant Inspections leverages geospatial models to achieve a level of precision that eliminates redundant truck rolls by making aerial data collection and remediation processes a single event, optimizing technician activities for Luminace. “We are excited to collaborate with Raptor Maps as we strive to serve customers with safe, cost-effective, and reliable distributed energy assets,” said Luminace COO Elizabeth Brennan
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Industries
Data & Analytics
Energy
AI & Machine Learning
Company Size
51-200
Company Stage
Series C
Total Funding
$62.1M
Headquarters
Somerville, Massachusetts
Founded
2015
Find jobs on Simplify and start your career today