The Venture Codex

Participated · Seed · May 2023

Solar Ladder provides a full-stack supply chain platform and SaaS tool offering end-to-end sales-to-project management, operations and maintenance resources for solar installation companies. Its procurement layer assists with acquiring modules, inverters, structures and other balance-of-system components, while a financing layer offers short- and long-term loans for end customers. The company says the funds will be used to distribute software that automates processes for solar installers and enable them to expand their business tenfold, aiming to become the go-to ecosystem for installers. Solar Ladder reports it achieved profitability while bootstrapped and claims a customer base of over 250, including Mahindra Solarize and Fourth Partner Energy. The article notes the broader market opportunity in India, with estimated rooftop potential of 200 GW and 1.7 GW added in FY22. Competitors or peers mentioned include SolarSquare and Aerem.