Greenlancer’s 2013: Sales, Revenue and Product Gains, Investor Support, and Big Awards
DETROIT (WWJ) — 2013 was a very good year for Greenlancer.com, the Detroit-based solar energy engineering company. It grew from three to nine full-time employees and moved out of its loft-style office on Grand Boulevard to the 27th floor of the David Stott building downtown.
The company quadrupled the size of its customer base vs. 2012 and successfully completed its first capital raise, of $500,000. It also won the Start-up Alley Challenge at the Solar Power International Conference in Chicago, beat dozens of companies to be named “Emerging Company of the Year” by the Michigan Energy Innovation Business Council, and was a semi-finalist in the 2013 Accelerate Michigan Innovation competition.
“It’s been a solid year and we believe we’ve positioned ourselves for significant continued growth in 2014,” said Michael Sharber, Greenlancer.com CEO. “Our assembly line platform is performing up to expectations and helping us attract new business and our national network of ‘greenlancers’ has been fully vetted and trained and is ready for even the most complex solar engineering assignments.”
GreenLancer’s assembly line is a virtual model that provides faster and more accurate project documents for the company’s clients by using “greenlancers” — highly skilled freelance engineers and designers who are experts in solar power.
During 2013 Greenlancer.com successfully engineered and designed solar systems in 32 states and in six countries while enlisting more than 200 contractors to use its site. Since launching its Virtual Engineering Center online resource in June the company has begun exploring relationships with many of the largest solar and construction companies in the industry.
Greenlancer syndicated a second round of investment in November and expects to close on another $500,000 of investment early in 2014.
“The economics of solar energy are changing,” Sharber said. “As hardware costs have declined, the industry has turned its attention to reducing soft costs. This is the area where GreenLancer technology excels. We’re excited about how far we’ve come and more excited about where we’re going. More important, we’re confident in our ability to deliver on our promises and achieve the ambitious goals we’ve set for ourselves. We expect 2014 to be even more of a banner year for Greenlancer.”