The Solar Labs logo
Founded 2017

The Solar Labs

2021 Revenue

$319.2K

YOY

660.00%

Funding

$200.0K

Overview

About The Solar Labs

AutoCAD & Salesforce for Solar Installers

Monthly Revenue

$26.6K

+ $23.1K (660.00%)
Total Expenses

$26.6K

=
Net Income

$1.0

Ebidta Margin

0.00%

+
YOY Growth

660.00%

=
Rule of 40

660


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing The Solar Labs CEO Siddharth Gangal on 01/20/2021

Watch the podcast


Headquarters

India

The Solar Labs Revenue vs Funding

$Funding$Revenue

Revenue

In 2021, The Solar Labs revenue run rate hit $319.2K in revenue.

660.00%▲$42.0K$319.2K

Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?

The Solar Labs has raised $200.0K.

Funding DateRoundTotalValuation

Customers

The Solar Labs has 380 customers.

Lifetime Months

×
Monthly ARPU

$70.0

=
Lifetime Dollars


Acquisition Cost

$300.0

Average Annual Price

$840.0

$0$840.04 month payback period024681012

Churn

The Solar Labs has an annual churn rate of 25.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-25.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%

Team

Employees

The Solar Labs has 20 employees. They have 7 sales reps that carry a quota and an engineering team of 9.

2021
DistributionQty

Total Team Size

20

Engineers

9 (45%)

Sales

7 (35%)

Marketing

0

CEO/Founder

Siddharth Gangal

Love solar & technology. Started The Solar Labs as a Senior in college. My vision is to help solar installers scale their businesses (and thereby bring more solar to the world) and install better engineering solar systems.


CEO Q&A

What's your age?

-

Favorite online tool?

-

Favorite book?

-

Favorite CEO?

-

Advice for 20 year old self

-


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Frequently Asked Questions about The Solar Labs

When was The Solar Labs founded?

The Solar Labs was founded in 2017.


Who is the CEO of The Solar Labs?

The CEO of The Solar Labs is Siddharth Gangal


How many employees does The Solar Labs have?

The Solar Labs has 20 employees.

How much revenue does The Solar Labs generate?

The Solar Labs generates $319.2K in revenue.


How much funding does The Solar Labs have?

The Solar Labs has raised $200.0K.


Where is The Solar Labs headquarters?

The Solar Labs is headquartered at India

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