Solfium
Solfium is a Mexican-Canadian solar-tech company offering an integrated platform combining distributed solar generation, battery storage, EV charging, and energy management. It serves residential, SMB, industrial, and corporate customers in Mexico via B2B2C distribution through partners like Coca-Cola and Santander.
- Company typePrivate
- Founded2020
- HeadquartersMontreal, Canada
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Solfium does
Solfium is a Mexican-Canadian solar technology company founded in late 2020 that delivers an integrated platform combining distributed photovoltaic generation, battery storage, EV charging, and digital energy management. Headquartered in Querétaro, Mexico with a corporate entity in Montreal, Canada, and an affiliated subsidiary in Spain, the company addresses residential, SMB, industrial, and corporate customer segments. Its product architecture spans four modular solutions (Hogar, Negocio, Industria, Corporativo), unified by the Solfium mobile application for instant quotation and monitoring and a DNV-certified Corporate Dashboard for real-time Scope 1/2/3 emissions reporting.
The business model blends one-time hardware sales and installation revenue with recurring monitoring and support subscriptions, plus financing intermediation through bank partners. Pricing is quote-based and not publicly disclosed. Distribution operates through three coordinated channels: a self-serve digital platform (mobile app and services.solfium.com/quotation), direct enterprise field sales for industrial and corporate accounts, and a distinctive B2B2C partnership channel anchored by Grupo RICA Coca-Cola and Santander México. The Coca-Cola program reached 100 Solar Stores in March 2026, while industrial projects of 1+ MW have been delivered to Airbus Helicopters, Galnik, EXO-S, and Mitchell Plastics. The Santander partnership provides preferential green financing products including Eco-Crédito Sustentable PyMEs and Crédito Solar (with NAFIN).
Solfium has cumulatively installed 36,260 solar panels representing 25 MW of generating capacity since 2022 and projects 281,000 tonnes of CO2 reduction and US$28 million in customer savings over the 25-year system lifetime. As of April 2026, the company has raised approximately $13 million across a $3 million 2023 seed round at BIVA and a $10 million Series A led by Accion and ALIVE Ventures, with participation from Kamay Ventures, BDC Capital, and LATAM Impact Fund. Advisory board includes former Tesla Mexico Director Françoise Lavertu, former Canadian Environment Minister Catherine McKenna, and former Uber Eats Canada CEO Dan Park.
Solfium firmographics
Firmographics- Name
- Solfium
- Legal name
- Solfium México, S.A. de C.V.
- Website
- https://solfium.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Solfium is a Mexican-Canadian solar-tech company offering an integrated platform combining distributed solar generation, battery storage, EV charging, and energy management. It serves residential, SMB, industrial, and corporate customers in Mexico via B2B2C distribution through partners like Coca-Cola and Santander.
- Ownership category
- akta.pro rank
Solfium industry classification
Industry- Product category
- Distributed Solar Energy Solutions
- NAICS
- Solar Electric Power Generation (221114)
- SIC
- Measuring & Controlling Devices, Nec (3829)
- akta.pro primary industry
- Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)
- akta.pro secondary industries
- Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ), Solar Balance-of-Plant EPC (Piles/Foundations, Trenching, Combiner Networks) (EUAEADAJ)
Keywords
Where Solfium is headquartered
LocationHeadquarters
- HQ city
- Montreal
- HQ country
- Canada
- HQ region
- North America
Offices3 records
Markets served
Solfium business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Solar System Sales and Installation: One-time sale and installation of photovoltaic systems for residential, commercial, and industrial customers. Includes system design, equipment supply, and professional installation services.
- Monitoring and Support Services: Ongoing technical support, real-time monitoring, and post-sale service for installed solar systems. 24/7 technical support included with systems.
- EV Charging Solutions: Sale and installation of electric vehicle chargers integrated with solar and storage systems.
- Battery Storage Systems: Integrated battery storage solutions for peak shifting, backup power, and grid resilience.
- Financing Intermediation: Facilitation of financing through partner financial institutions (Santander, NAFIN) for customer solar installations, earning referral or processing fees.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Custom solar solutions with personalized pricing based on energy needs |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
Solfium product offering
Product offeringCore offering
Solfium designs, sells, and installs distributed solar photovoltaic systems integrated with battery storage, EV chargers, and energy management software for residential, SMB, industrial, and corporate customers across Mexico. The company delivers turnkey projects including system design, equipment supply, professional installation, and ongoing 24/7 monitoring and support, and extends its reach through a self-serve mobile/web quoting app, bank financing partnerships (Santander, NAFIN), and corporate B2B2C programs (e.g., the Coca-Cola Solar Store program).
Product overview
Solfium offers an integrated solar energy platform with a modular architecture. The core platform integrates solar generation with battery storage, EV chargers, and energy management systems. Key product modules include the Solfium App (mobile application for instant quotes and monitoring), the Corporate Dashboard (enterprise-grade real-time energy monitoring with DNV certification), and the Solar Store Program (specialized solution for retail businesses). The platform serves four customer segments: Residential (Hogar), Business (Negocio), Industry (Industria), and Corporate (Corporativo). Solutions span distributed generation, peak shifting, hybrid, and isolated configurations with installation options including rooftop, ground-mounted, and carport systems.
Differentiator
Problem solved
Functional benefit
Products and services
- Residential Solar Solutions (Hogar) Solar energy solutions for individual homeowners that simplify the path to solar adoption. Includes savings calculation, personalized quotations, certified installations, and ongoing support with monitoring capabilities; financed via credit/debit card, PayPal, bank transfer, or partner financing.
- Business Solar Solutions (Negocio) Solar energy solutions for small and medium businesses to operate with clean energy and reduce their main operating expense. Includes instant quotes, financing options (including Santander Eco-Crédito Sustentable PyMEs and Crédito Solar with NAFIN), real-time monitoring, and 24/7 technical support.
- Industrial Solar Solutions (Industria) High-standard solar installations for industrial applications exceeding standard norms. Includes photovoltaic installations, batteries, electric chargers, monitoring, support, and after-sales service. Installation types include rooftop, ground-mounted, and carport.
- Corporate Decarbonization Solutions (Corporativo) Comprehensive decarbonization solutions for corporate value chains. Addresses Scope 1 (EV charging infrastructure), Scope 2 (on-site solar generation), and Scope 3 (employee/customer/supplier home energy optimization), tracked through the DNV-certified Corporate Dashboard.
- Solfium Mobile App Mobile application for residential and business customers that provides instant solar quotations (input bimonthly electricity spending for a personalized quote in seconds), financing options, real-time system monitoring, and 24/7 technical support.
- Corporate Dashboard (DNV-certified) Real-time energy monitoring and environmental impact tracking tool for corporate clients. Enables businesses to monitor consumption, production, installed capacity, and environmental benefits from photovoltaic systems. DNV-certified for reliability and accuracy.
- Solar Store Program (Tiendas Solares) Joint program with Grupo RICA Coca-Cola installing solar panels covering 40-45% of energy consumption in small retail businesses. Deployed across Hidalgo, Morelos, and Puebla states, enabling microentrepreneurs to access solar with subsidized financing.
Quantifiable outcome
- Up to 95% energy cost reduction over 25-year PV system lifetime
- +5 more outcomes
Companies that use Solfium
Customer profileNamed customers13 records
Segments5 records
Ideal customer profiles5 records
Solfium technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration8 records
Feature4 records
Solfium partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered secondary and core.
- EXO-SsecondaryIndustrial solar project at EXO-S San Juan del Río facility with combined 1,328 kWp capacity (669 kWp injection building + 660 kWp blowing building) using 2,162 panels. Covers significant portion of plant energy consumption and supports automotive supply chain decarbonization.
- Galniksecondary1,016 KWp solar installation at Galnik Querétaro facility with 1,736 LONGi Tier 1 panels using Zero-Drill technology. Supports automotive surface finishing operations decarbonization with 15,500 tonnes CO2 avoidance projected over 25 years.
- Grupo RICA Coca-ColacoreJoint Solar Store program installing panels covering 40-45% of energy consumption in small retail businesses. Reached 100 stores milestone in March 2026 across Hidalgo, Morelos, and Puebla. Generated 264,429 kWh clean energy, avoided 117 tonnes CO2. Projected to deliver MX$176 million savings over 25 years and avoid 5,200 tonnes CO2.
- Airbus Helicopterssecondary671 kWp solar carport installation at Airbus Helicopters Mexico facility in Querétaro with 1,041 photovoltaic modules. Ensures operational continuity and energy efficiency for aerospace manufacturing operations.
- Santander MéxicocoreStrategic partnership to promote renewable energy adoption among SMEs through accessible financing. Provides green financing products including Eco-Crédito Sustentable PyMEs and Crédito Solar (developed with NAFIN) with preferential rates and no opening fees. Includes real-time monitoring dashboard for sustainability tracking.
Scale indicators13 records
Recent moves7 records
Expansion highlights6 records
Solfium competitors and assessment
Company assessmentDirect peers
- SotySolar: SotySolar is a Spain-origin digital solar installer with operations in Mexico that sells residential and SMB rooftop solar through an online platform with financing, closely matching Solfium's self-serve PLG model in an overlapping Latin American geography.
- Holaluz: Holaluz is a Spanish residential solar and green-energy retailer with a strong digital self-serve platform and utility-style customer subscription model; it competes head-to-head with Solfium in the digital solar-distribution playbook across Iberia and LatAm.
- iSun Energy: iSun Energy is a US-focused solar EPC that designs and installs commercial, industrial, and residential PV systems, comparable to Solfium's Industria and Negocio segments in project-based solar installation and balance-of-plant execution.
Broad incumbents
- Sunrun: Sunrun is the largest US residential solar, storage, and EV-charging installer with subscription-style offerings; it is a broader incumbent reference point for Solfium's Hogar segment and integrated solar+storage business model.
- Enphase Energy: Enphase is a leading global manufacturer of solar microinverters, batteries, and EV chargers that supplies the equipment behind most distributed solar installations including those Solfium deploys, and competes adjacently in the integrated energy-management category.
- Tesla Energy: Tesla Energy offers integrated solar roof, Powerwall storage, and EV charging with a vertically integrated platform; it is the most ambitious broader incumbent Solfium's integrated product stack is modeled on.
Emerging players
- Aurora Solar: Aurora Solar provides cloud-based solar design, sales, and workflow software used by thousands of installers globally; Solfium's digital platform is a comparable software-driven layer over the same solar EPC value chain.
- OpenSolar: OpenSolar offers free solar design, quoting, and project-management software for residential and commercial installers, overlapping directly with Solfium's self-serve quoting and monitoring platform functionality.
Regional players
- Becolve (formerly Audax Renovables): Becolve/Audax Renovables is a Spanish integrated renewable-energy retailer with solar, storage, and EV-charging offerings under a customer-subscription model, serving as a European comparable for Solfium's bundled energy-services thesis.
Others
- EnergySage: EnergySage is the largest US solar marketplace and comparison platform; while not a direct installer, it represents the digital solar-acquisition channel model Solfium is replicating in Mexico with corporate partners.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Solfium social profiles
Digital presenceSolfium compliance and trust
Trust signalCompliance10 records
Solfium financial estimates
Financial estimateRevenue estimate
Valuation estimate
Solfium leadership team
Management profileNumber of profiles
Profiles4 records
Solfium subsidiaries and ownership
Company hierarchySubsidiaries1 record
Solfium funding detail
Funding detailFunding overview
Funding rounds4 records
Investors10 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Solfium M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Solfium
What does Solfium do?
Solfium designs, sells, and installs distributed solar photovoltaic systems integrated with battery storage, EV chargers, and energy management software for residential, SMB, industrial, and corporate customers across Mexico. The company delivers turnkey projects including system design, equipment supply, professional installation, and ongoing 24/7 monitoring and support, and extends its reach through a self-serve mobile/web quoting app, bank financing partnerships (Santander, NAFIN), and corporate B2B2C programs (e.g., the Coca-Cola Solar Store program).
Is Solfium a public or private company?
Solfium is a private company. It is classified as venture growth investor backed and is currently operating.
When was Solfium founded?
Solfium was founded in 2020. It employs 11 to 50 people.
Where is Solfium based?
Solfium is headquartered in Montreal, Canada, in the North America region.
How does Solfium make money?
Five revenue lines are on record. Solar System Sales and Installation is the primary driver. The others are monitoring and Support Services, EV Charging Solutions, battery Storage Systems and financing Intermediation.
Who are Solfium's main competitors?
Direct peers on record are SotySolar, Holaluz and iSun Energy. Broad incumbents are Sunrun, Enphase Energy and Tesla Energy. Emerging players are Aurora Solar and OpenSolar. Becolve (formerly Audax Renovables) is listed as a regional player. EnergySage is listed as an others.
Does Solfium have an API?
No public API is recorded for Solfium.
What industry is Solfium in?
Solfium's product category is Distributed Solar Energy Solutions. Its primary akta.pro industry code is EUAMABAB, Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System), with a secondary code of EUACALAJ, Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro). Its NAICS code is 221114 and its SIC code is 3829.