08 Mar 2016
Wunder Capital, an online lending platform that connects investors with commercial solar projects across the United States, announced today a $3.6 million Series A, bringing the company’s total funding to $4.7 million. The round was led by Techstars Ventures, Fenway Summer Ventures, and FinTech Collective, alongside existing seed investors. The new capital will allow Wunder to continue scaling operations, growing its team, and expanding their financial product offerings. Wunder’s platformbased approach to applications, underwriting, and debt service allows for scalability and faster contractor the lack of which have hampered commercial project finance for years.
Wunder currently offers two solar investment opportunities; the Wunder Income Fund and the Wunder Bridge Fund. They work with a network of installers, developers, and distributors across the country to source commercial solar projects seeking either longterm financing from the Wunder Income Fund or shortterm procurement financing from the Wunder Bridge Fund.
Wunder is currently accepting investors in both funds and Wunder Partner applications from qualified solar professionals.
“We’re ecstatic to welcome Techstars Ventures, Fintech Collective, and Fenway Summer to the Wunder family,” said Bryan Birsic, CoFounder and CEO of Wunder Capital . “This syndicate allows us access into the largest entrepreneurial network in the world, and it brings us incredibly deep expertise and connections in the financial technology market.”
“Wunder Capital is tapping into an incredible opportunity by blending fintech with the exploding solar market,” said Jason Seats, Techstars Ventures partner . “We are excited to support them in growing their company.”
Fenway Summer LLC