This company facilitates residential solar energy adoption by providing financing options and connecting homeowners with certified installation professionals. They structure solar financing so monthly loan payments align closely with current energy bills, effectively turning an expense into an investment. SEOS helps clients leverage government incentives, including tax deductions and VAT exclusions, to lower the overall cost of photovoltaic system implementation.
Funding
$694K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many homeowners and multifamily buildings in Colombia lack access to affordable financing and reliable installers for solar energy systems. This lack of trust and accessibility hinders the adoption of solar energy, preventing potential savings and environmental benefits.
Solution
SEOS is a Colombian fintech platform that connects homeowners and multifamily buildings with qualified solar installers and capital providers to facilitate solar financing and installation. SEOS offers a 100% digital solar loan application process and expert oversight, addressing the lack of trust and accessibility in the solar ecosystem. Through SEOS, customers can access various financing plans, including options with low initial payments, flexible terms, and even 0% interest options. SEOS also provides ongoing monitoring of the installed systems, ensuring optimal performance and savings.
Target Audience
SEOS primarily targets homeowners, property managers of multifamily buildings, and small businesses in Colombia seeking to finance and install solar energy systems.
Features
- 100% digital loan application process for solar energy systems
- Connection to a network of certified and vetted solar installers
- Multiple financing plans, including options with low down payments, flexible terms (3-8 years), and 0% interest options
- Monitoring of system performance 24/7
- Online simulator to estimate potential savings and system costs
- Assistance with navigating government tax incentives for solar installations, including IVA exemptions and income tax deductions
- Digital platform to track energy generation, consumption, and export in real-time