Raptor Maps Secures USD 35 Million in Series C Funding to Advance Solar Asset Management Solutions

Raptor Maps, a US-based provider of advanced solar asset management software, has successfully closed its oversubscribed Series C funding round, raising USD 35 million to advance its next-generation solutions for the solar energy industry.

The financing was led by Maverix Private Equity, with robust participation from existing investors, including MKB, Blue Bear Capital, Congruent Ventures, Buoyant Ventures, and Y Combinator.

The new funding comes at a pivotal moment for the renewable energy industry, which faces soaring electricity demand and unprecedented growth in clean energy production. The investment aims to tackle the pressing challenge of underperforming solar assets by leveraging advanced analytics and innovative digital solutions.

Raptor Maps, known for digitizing some of the largest solar portfolios globally, has been at the forefront of enhancing solar energy efficiency. Its latest offering, Raptor Solar Sentry, combines robotics and software to revolutionise operations and maintenance workflows for solar farms. The tool has already demonstrated significant improvements in solar financial returns, enabling asset owners to recover returns that have often fallen short of expectations.

"Our mission is to revolutionise solar asset management through cutting-edge technology," said Nikhil Vadhavkar, Co-Founder and CEO of Raptor Maps. "Many leaders in solar have heard of Raptor Maps, and supercharging our product with Raptor Solar Sentry has been a leap forward for customers. It provides a fundamentally new approach for solar asset owners to manage OpEx and realise returns that were underwritten in the first place but have slipped out of reach for far too many portfolios. With the support of this elite investment group, we are capitalised to more fully achieve our work of making solar energy the smartest and most competitive electricity source in the economy," he pointed out.

"We're excited to lead this investment in Raptor Maps, which aligns with our vision of fostering smart cities and sustainable energy solutions," said Mohit Talwar, Partner at Maverix. "The platform not only enhances the efficiency of solar farm operations but also plays a critical role in advancing intelligent urban infrastructure. Our investment in Raptor Maps underscores our commitment to empowering asset owners and operators to unlock optimal solar performance, while championing disruptive technologies that drive a more sustainable and connected future," he said.

The Series C funding will accelerate Raptor Maps’ plans to enhance its product offerings in solar automation, work management, and machine-learning insights. The company also intends to scale its team, with investments focused on software engineering and data science.

This latest funding milestone underscores the growing importance of technological innovation in addressing the challenges of scaling solar energy and highlights Raptor Maps’ pivotal role in driving the transition to smart, sustainable energy solutions.

As solar power continues to expand globally, Raptor Maps is poised to lead the industry with its cutting-edge tools, ensuring solar asset owners and operators achieve optimal efficiency and returns.