“Can a point-of-sale residential solar lending platform scale a $15B loan book funded by third-party bank capital while surviving the interest-rate and policy volatility that defines clean-energy consumer finance?”
Founded in 2010 as a crowdfunding marketplace allowing retail investors to fund commercial solar projects — essentially 'Kickstarter for solar'. In 2014, pivoted sharply to become a pure residential solar point-of-sale lending platform, connecting homeowners with solar installers and underwriting fixed-rate installment loans of 10–25 years funded by third-party capital partners (including Truist Bank and WebBank). Grew to over $15 billion in funded loans and 500,000+ households before elevated interest rates, federal clean energy policy uncertainty, and failed refinancing efforts triggered a Chapter 11 filing in June 2025. Acquired out of bankruptcy by Solar Servicing LLC (Forbright Bank subsidiary) in September 2025 with no plans to originate new loans.
Solar Mosaic moves money over ACH.
The Embedded Finance Index 2026 maps 2 layers in Solar Mosaic's stack: Money movement (ACH); Lending (Residential solar fixed-rate installment loans (10–25 year terms), Home improvement / sustainable upgrade loans and Battery storage financing).
Solar Mosaic was founded by Billy Parish, Dan Rosen, Arthur Coulston and Steve Richmond and is founded in 2010, headquartered in Oakland, California, USA.
Solar Mosaic has raised undisclosed (multiple rounds including Series A $2.5M in 2012, DOE $2M grant 2012, and later private equity rounds) in total (latest round: Chapter 11 DIP financing, June 2025).
Get a read on where your own stack stands against Solar Mosaic and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.