Wunder provides commercial and industrial solar solutions, focusing on rooftop and other on-premise installations typically below five megawatts and projects for tenants without investment-grade credit. The company leverages proprietary technology and a programmatic approach to deliver turn-key systems across properties nationwide. Wunder is expanding its solar offerings, including no-CapEx solutions, to make solar an easier decision for more real estate firms and tenants. The firm aims to bring solar access to new markets and property types while accelerating deployment to reduce U.S. carbon emissions. Its recent capital partnership and equity raise are intended to supply the resources needed to scale project deployment and maintain transaction velocity and low costs. Wunder emphasizes pragmatic, technology-enabled project development and finance activities for the C&I solar market. Wunder Capital is a fintech company that finances commercial and industrial solar projects for businesses, municipalities, and nonprofits. It leverages proprietary technology, data, and project finance expertise to give investment partners programmatic access to solar opportunities. Wunder currently operates in 34 states and works with more than 300 active solar installation and development partners nationwide. The company supplies tech-enabled lending solutions and offers turnkey pre-NTP development capital to select installers and developers. Wunder plans to expand its corporate operations and pursue new market-driven opportunities using new partner capital. Recent commitments are intended to fund commercial solar loans and support deployment through a difficult market period. Wunder Capital is a Boulder, Colorado-based solar investing firm whose software selects promising commercial properties for financing. The company provides loans and other financing for non-residential solar projects. To date it has funded more than 185 projects totaling about 65 megawatts of capacity. Wunder expects to provide financing for roughly 120 megawatts this year, more than triple the 37 megawatts completed last year. The firm raised $112 million in Series B equity and debt financing to boost deployments of commercial solar systems. Industry context notes non-residential solar grew 28 percent last year, aiding Wunder’s market opportunity. Wunder Capital operates a financing platform that lends to medium-sized and small commercial solar projects, focusing on an underserved segment of ~$500,000 installations. It offers accredited investors access via two funds — an income fund and a bridge fund — with advertised annualized returns of roughly 6–11%. The company sources projects by working directly with installers, developers and distributors who receive the capital. Wunder’s three co‑founders, including CEO Bryan Birsic, come from advertising and marketing technology backgrounds rather than traditional fintech or energy. The team graduated from Techstars in 2014. Financially, the company recently raised a new $3.6M round and has taken $4.7M from investors named in the article.

Total raised

$116M

Funding rounds

4

Latest round

Series A

Latest activity

May 2018