Total amount raised
$7 Million
Latest funding date
12/01/2024
Location
ZunRoof has successfully raised funding over 7 rounds, with the latest being a "Venture - Series Unknown" round.
Keep reading to explore the intricacies of ZunRoof's fundraising journey and the investors backing this innovative platform.
What Is ZunRoof?
ZunRoof is a home-tech startup that focuses on providing smart and clean energy solutions, particularly for solar rooftop systems. The company operates in various sectors including Clean Energy, CleanTech, Energy, Environmental Consulting, Renewable Energy, and Solar.
Founded in Gurgaon, Haryana, India, ZunRoof has a workforce of 101-250 employees. The company has successfully raised funding through multiple rounds, with the latest being a Venture - Series Unknown round.
How Much Funding Has ZunRoof Raised?
- Pre-Seed Round
- Amount Raised: $70,000
- Date: December 2016
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Initial funding to kickstart the company's operations and product development.
- Angel Round
- Amount Raised: INR 16,600,000
- Date: June 2018
- Lead Investors: Intellecap Impact Investment Network
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support early-stage growth and expand market presence.
- Angel Round
- Amount Raised: INR 11,400,000
- Date: December 2018
- Lead Investors: Arun Diaz, Ramakant Sharma
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further develop the product and scale operations.
- Series A Round
- Amount Raised: $1,200,000
- Date: April 2019
- Lead Investors: Godrej family office
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support initial growth and development of the company's technology and market presence.
- Series A Round
- Amount Raised: $3,000,000
- Date: March 2020
- Lead Investors: Godrej family office
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the product portfolio, achieve 500% growth, and launch the home-IoT product line.
- Series Unknown Round
- Amount Raised: INR 200,000,000
- Date: December 2024
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further scale operations and enhance product offerings.
- Series Unknown Round
- Amount Raised: INR 250,000,000
- Date: September 2025
- Lead Investors: ANBG Enterprise
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To continue scaling and expanding the company's market reach.
Total Amount Raised: $5,270,000 + INR 477,000,000
Current Valuation: Not publicly disclosed
Key Investors
- ANBG Enterprise
- Details: ANBG Enterprise is a significant investor in ZunRoof, participating in multiple funding rounds. They are identified as a lead investor in the company.
- Investment Focus Areas: Not publicly disclosed.
- Notable Investments: ZunRoof.
- Godrej Investment Office
- Details: Godrej Investment Office is the investment arm of the Godrej Group, a major Indian conglomerate. They have made substantial investments in ZunRoof, including $1.2 million in a pre-Series A round and $3 million in a Series A round.
- Investment Focus Areas: Real estate, technology, home-tech solutions, renewable energy.
- Notable Investments: ZunRoof, various real estate and technology ventures.
- Ramakant Sharma
- Details: Ramakant Sharma is the founder of Livspace, a home interior and renovation platform. He has invested in ZunRoof to support its growth and development.
- Investment Focus Areas: Home interiors, renovation, technology.
- Notable Investments: Livspace, ZunRoof.
- Intellecap Impact Investment Network
- Details: Intellecap Impact Investment Network is an early-stage investment network focusing on impact-driven businesses. They have invested in ZunRoof to help expand its market presence.
- Investment Focus Areas: Impact-driven businesses, clean energy, technology.
- Notable Investments: ZunRoof.
- Arun Diaz
- Details: Arun Diaz is associated with IntelleGrow, a venture debt firm. He has invested in ZunRoof to support its product development and scaling operations.
- Investment Focus Areas: Venture debt, financial services, clean energy.
- Notable Investments: ZunRoof.
What's Next for ZunRoof?
As ZunRoof looks to the future, the company is poised to capitalize on the growing demand for renewable energy and smart home technologies. With plans to install solar panels on 10 lakh homes over the next five years and launch a home-IoT product line, the opportunities for growth are substantial. This expansion could lead to significant savings on electricity for homeowners, making solar energy more affordable and accessible.
Given these ambitious goals, ZunRoof may seek additional funding to support its rapid growth and technological advancements. The backing from major investors like Godrej Investment Office suggests a strong potential for future fundraising rounds. However, the company will need to navigate challenges such as intense competition in the home-tech and renewable energy markets, as well as the need to hire and retain top talent to sustain its growth trajectory.
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