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Sunlight Financial
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Short description

Provider of residential solar loans

Founded in 2014
Founded in

Company type Public Public (SUNL)
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 Teaneck, NJ Teaneck, United States
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Updated by Cleantech Group on 07/12/2021

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IPO INFORMATION

Date

07/12/2021

IPO status

Listed

IPO Type

SPAC

Amount

Initial shares

Ticker symbol

SUNL

Exchange listed

NYSE

Prospectus URL

Prospectus

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Description

Sunlight merged with Spartan Acquisition Corp. II, a SPAC sponsored by New York-headquartered investment firm Apollo Global Management. The deal is expected to bump Sunlight’s valuation to $1.3 billion.

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Date Investors Type Amount
06/06/2018 FTV Capital FTV Capital (1)
Post-money valuation of
Sunlight Financial will use the proceeds to expand its product suite, enhance its technology platform, add strategic partners, and deepen existing partnerships.
 Growth Equity $50,000,000
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