Monalee is a Boston, MA-based climate technology company focused on accelerating adoption of home solar, storage, and EV charging. It provides Artemis, an AI-powered platform that helps solar installers and energy providers generate precise 3D solar designs in under 10 seconds, provide financing comparisons, and streamline the fulfillment process. The platform is designed to help solar companies reach new customers, increase revenue, and improve the customer experience. The company intends to use new financing to accelerate growth while minimizing equity dilution for its founders. Monalee has raised over $13M in equity capital from investors in the technology and consumer sectors, including Ludlow Ventures, Shrug VC, Coalition Operators, Plug and Play Ventures, Palm Tree Crew, and The Pags Group. The company is led by CEO Walid Halty. Mona Lee is a solar installation company based in Boston, MA that offers an AI-powered design and buying experience for homeowners. Led by CEO Walid Halty, the company aims to simplify purchasing and installing complete solar panel systems to enable home self-sufficiency and sustainability. It currently operates in over seven states and is acquiring more than 150 new customers per month. The company reports an average cost-per-order of $28,000. Mona Lee intends to use the seed funding to expand operations and broaden its business reach. The business is focused on making solar installation affordable for homeowners while scaling its geographic footprint and customer base.

Total raised

$13M

Funding rounds

2

Latest round

Debt Financing

Latest activity

Jan 2025