Colossus specializes in software development and solar services.
History
2022: Attracting $36 million investment
On January 10, 2022, Colossus announced the attraction of $36 million in investments. The Series A funding round was led by Build Group, and was also attended by Capital Creek, CEAS, Poplar Ventures and the fund. As Leonid Boguslavsky RTP Global a result of this transaction, the total financing of the software solar development company power engineering specialists reached $41 million.
According to the startup website, Colossus solar power software and market model help companies of all sizes integrate, optimize and digitize work processes, contributing to business growth and the introduction of clean energy throughout the country. Since 2017, Colossus has grown greatly, forming a team of world-class executives with extensive experience in the field of solar energy, software, demand generation and workflow management.
Our driving force at Colossus is to rethink the fragmented and fast-growing solar market with a unique portfolio of technologies and services that work together to simplify clean energy adoption. Solar installers report rising costs of attracting customers, even as sales move into online modes, and confidence in the solar industry is at a record high. Our software and market model support the rapid evolution of the solar and storage industry by developing tools that help drive sustainable business growth by accelerating solar adoption on a scale, said Colossus CEO and founder Walid Halty. |
According to Citybizlist, Colossus occupies a unique position for creating software solutions that will help level the playing field for clean energy professionals and companies of all sizes, opening up opportunities for modernizing the industry and effectively responding to growing consumer demand.[1]