Warsaw-based solar.retailer, a solar-oriented buying and selling platform connecting sellers and consumers, has secured €6M in seed funding, marking one of many largest early-stage rounds in Poland so far.
The spherical was co-led by Contrarian Ventures, Market One Capital, and Movens Capital, with extra backing from FJ Labs, Push Ventures, and Aidiom.
The recent capital will speed up the corporate’s product growth, improve service provider help, develop its group and convey velocity, construction, and transparency to Europe’s fragmented photo voltaic procurement market.
solar.retailer: Digitising procurement end-to-end
For a few years now, the sourcing of photo voltaic and storage parts in Europe has been fragmented and inefficient, counting on a patchwork of emails, calls, and spreadsheets.
This course of has restricted entry to provide, created inefficiencies, and slowed down the clear vitality transition.
Launched in October 2023 by Bartosz Majewski and Agata Krawiec-Rokita, solar.retailer digitises procurement end-to-end, enabling installers, distributors, and EPCs to commerce extra effectively.
“We launched solar.retailer with a transparent mission: to deliver order, velocity, and transparency to this course of,” says the corporate.
Agata Krawiec-Rokita, CEO of solar.retailer, explains, “Our objective is easy: to deliver construction, velocity, and transparency to photo voltaic procurement. This funding provides us the sources to scale sooner and broaden our attain at a time when the sector wants it most.”
In lower than two years, solar.retailer has emerged as Europe’s largest B2B digital market for photo voltaic parts.
The platform has over 35,000 registered customers from over 25 international locations and has attracted 2,500 distinctive consumers, starting from small installers to massive distributors and engineering, procurement, and building (EPC) corporations.
Up to now, it has facilitated the commerce of 1.4 gigawatts of photovoltaic parts, which is ample to energy a metropolis the dimensions of Brussels.
The corporate claims to deal with over 1,000 transactions, with a mean order worth of greater than €8,000.
At current, the platform is supported by a community of greater than 500 lively sellers, who collectively supply a listing valued at over €1.5B.
Moreover, solar.retailer offers entry to greater than 200 manufacturers positioned in over 1,000 warehouses throughout Europe. Notably, 90 per cent of the transactions on the platform contain cross-border commerce inside the EU.
Bartosz Majewski, co-founder, provides, “We’ve been within the photo voltaic trenches lengthy sufficient to know the way fragmented and irritating procurement will be. solar.retailer was constructed to provide professionals the readability they want in an more and more advanced market. The traction we’ve achieved in below two years reveals how urgently this resolution is required.”
