Solteo funding news – Paris-based Solteo has Secured €1.5 Million in Funding

Purpose of fundraising

The funding will help it expand across France, improve its platform, and support solar installers in meeting growing demand.

It simplifies project management by offering a unified platform. That streamlines tasks like technical studies and site management. This allows installers to focus on installations and accelerate France’s transition to solar energy.

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Alexandre, co-founder of Solteo said, “Every minute we save them is precious time to focus on what’s essential: installing panels and accelerating the development of solar power in France,”.

It introduced its first administrative module in mid-2023 and has already supported over 10,000 projects with a network of 100+ users. With a team of over 12 employees and plans to grow, the company is developing a complete solution that will include maintenance and financing tools.

Beyond software it co-founded Suntech, a Paris-based network promoting innovation and collaboration in renewable energy. Through its expanding services and partnerships it aims to become a key player in France’s solar industry, adapting its tools to meet the sector's needs.

Manon, the company’s CEO said, “Solteo embodies the innovation needed to support France’s energy transition, enabling installers to focus on what’s essential: offering sustainable, profitable solutions,”.

About Solteo

Solteo’s platform supports installers throughout the project cycle, handling tasks like studies, sizing, sales, admin processes, planning, and technical visits, saving time and boosting efficiency.