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Mercatus
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Short description

Developer of a SaaS-based platform for solar project origination management for investors and originators of solar assets

Founded in 2009
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector solar

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Santa Clara, CA Santa Clara, United States
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Updated by Cleantech Group on 09/09/2021

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Date Company
04/04/2014

SolarCity SolarCity

Confirmed by SolarCity

Partnerships
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Date Partner Type
07/10/2013
Enerparc Enerparc
Mercatus will act as a project acquisition platform for Enerparc Group's North American business, Enerparc, Inc.
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Confirmed by Enerparc
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Investment Rounds
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IPO INFORMATION

Date

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Description

Date Investors Type Amount
02/23/2017 TPG Alternative & Renewable Technologies TPG Alternative & Renewable Technologies (1)
Post-money valuation of
This is a second extension to the Series B rounds in 2015 and 2016, respectively, bringing the total amount of the round to $16.8M.
Series B $5,100,000
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