RatedPower is a Madrid, Spain–based SaaS company that builds cloud solutions to help companies maximize the potential of solar photovoltaic (PV) plants and reduce levelized cost of energy. Its flagship product, pvDesign, automates and optimizes the study, analysis, design, and engineering of solar plants across all project stages. The company positions pvDesign as an all‑in‑one tool that speeds up optimization, design, and engineering of solar photovoltaic projects and says the product has been growing solidly. RatedPower describes itself as deep‑tech, user‑friendly, and secure software for renewables and electrical infrastructure. The company plans to use new funding to drive international growth and expand in key solar markets, especially the US. Proceeds will also be used to expedite product and feature development and to accelerate its mission to become the SaaS suite of renewables.

Total raised

$6M

Funding rounds

1

Latest round

Series A

Latest activity

Oct 2021