Solar Mosaic

Oakland, CA ClimateAI Acquired

Solar Mosaic (operating as Mosaic Sustainable Finance) was a residential solar and home improvement lending platform founded in 2010 in Oakland, California. It launched as a crowdfunding marketplace for commercial solar projects and pivoted in 2014 to point-of-sale loans for residential solar, battery storage and sustainable home improvements, funding over $15 billion of loans to more than 500,000 households. Mosaic filed for Chapter 11 in June 2025; after an auction drew no acceptable bids, its confirmed plan went effective in September 2025, transferring the loan servicing business to Solar Servicing LLC, a Forbright Bank subsidiary, while the remaining estate winds down.

Acquired

Solar Mosaic has been acquired

Acquired by Solar Servicing LLC (wholly owned subsidiary of Forbright Bank) Sep 22, 2025

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2010

Total Funding

$435.15M

6 rounds

Latest Valuation

$1B

Jan 1, 2022

Funding

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Total raised $435.15M across 6 rounds

Last updated 08-12-2026

DateRoundAmount RaisedValuationLead Investors
2022 Series D $200M $1B Affinity Partners, J. Safra Sarasin
Aug 4, 2016 Series C Press release $220M Warburg Pincus
Oct 22, 2014 Grant — U.S. DOE SunShot Initiative (second award) Press release $650K U.S. Department of Energy (SunShot Initiative)

Leadership

  • Billy Parish

    Founder and Executive Chair

  • Patrick Moore

    Chief Executive Officer

  • Dan Rosen

    Co-founder

  • Arthur Coulston

    Co-founder

  • Steve Richmond

    Co-founder

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Sunrun

    Largest third-party solar installer and financier in the US; acquired Vivint Solar; offers lease and PPA financing options for residential solar

  • Tesla Energy (formerly SolarCity)

    Acquired by Tesla in 2016; holds approximately 30% of the US residential solar market; pioneered solar leases and PPAs

  • Vivint Solar

    Residential solar installer offering leases and PPAs; acquired by Sunrun

  • Dividend Finance

    Residential solar and home improvement financing platform

  • Sungevity

    Residential solar installer and financier

  • Verengo Solar

    Regional residential solar installer

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