[{"@context":"http:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/wiki.edu.vn\/en\/wiki24\/mosaic-inc-wikipedia\/#BlogPosting","mainEntityOfPage":"https:\/\/wiki.edu.vn\/en\/wiki24\/mosaic-inc-wikipedia\/","headline":"Mosaic Inc. – Wikipedia","name":"Mosaic Inc. – Wikipedia","description":"before-content-x4 From Wikipedia, the free encyclopedia after-content-x4 Solar crowdfunding company Mosaic is a clean energy fin-tech company based in Oakland,","datePublished":"2017-08-21","dateModified":"2017-08-21","author":{"@type":"Person","@id":"https:\/\/wiki.edu.vn\/en\/wiki24\/author\/lordneo\/#Person","name":"lordneo","url":"https:\/\/wiki.edu.vn\/en\/wiki24\/author\/lordneo\/","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/c9645c498c9701c88b89b8537773dd7c?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/c9645c498c9701c88b89b8537773dd7c?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Enzyklop\u00e4die","logo":{"@type":"ImageObject","@id":"https:\/\/wiki.edu.vn\/wiki4\/wp-content\/uploads\/2023\/08\/download.jpg","url":"https:\/\/wiki.edu.vn\/wiki4\/wp-content\/uploads\/2023\/08\/download.jpg","width":600,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/en.wikipedia.org\/wiki\/Special:CentralAutoLogin\/start?type=1x1","url":"https:\/\/en.wikipedia.org\/wiki\/Special:CentralAutoLogin\/start?type=1x1","height":"1","width":"1"},"url":"https:\/\/wiki.edu.vn\/en\/wiki24\/mosaic-inc-wikipedia\/","about":["Wiki"],"wordCount":4181,"articleBody":"     (adsbygoogle = window.adsbygoogle || []).push({});before-content-x4From Wikipedia, the free encyclopedia       (adsbygoogle = window.adsbygoogle || []).push({});after-content-x4Solar crowdfunding companyMosaic is a clean energy fin-tech company based in Oakland, California. Founded in 2010, Mosaic created its initial business model using crowdfunding principals to offer loans for commercial solar development projects.[1] After shifting its model in 2014, Mosaic Inc. is now focused on financing residential solar projects by leveraging third party capital partners.[2] Through this model, the company aims to democratize the social and environmental benefits of clean energy.[3][4]       (adsbygoogle = window.adsbygoogle || []).push({});after-content-x4Table of ContentsHistory[edit]Early projects[edit]Public launch[edit]2015-2021[edit]Funding[edit]2012[edit]20142016See also[edit]References[edit]History[edit]Early projects[edit]Billy Parish, Dan Rosen, Arthur Coulston, and Steve Richmond originally started Mosaic to facilitate crowdfunding of loans for solar development projects. Initially, Mosaic facilitated approximately $1.1\u00a0million from 400\u00a0private investors. The organization used the investment to finance 12\u00a0rooftop solar plants in California, New Jersey, and Arizona.[5]In Spring 2012, Mosaic financed five solar power plants through their zero-interest investment model. 400\u00a0people invested over $350,000 in these projects which created 73\u00a0kW of solar energy for local community organizations\u2014saving the organizations more than $600,000 on their utility bills while producing over 2,700\u00a0job hours for local workers.[6]       (adsbygoogle = window.adsbygoogle || []).push({});after-content-x4In September 2012, Mosaic financed its first solar power plant that also offered a return on investment for investors. 51\u00a0people raised over $40,000 to finance this 47\u00a0kW project for the Youth Employment Partnership in Oakland, California. With a 6.38% annual return over a 5\u00a0year loan period, a $200 investment would yield $272 by the end of the 5\u00a0years.[7]Public launch[edit]On January 7, 2013, Mosaic launched an online platform to let individuals invest US$25 or over in specific solar projects while earning a 4.5% annual return.[8] Mosaic provided capital to developers at a 5.5% interest rate, took a 1% fee, and investors could expect a full return of their investment in nine years.[5] Mosaic sold out its first public projects in less than 24 hours, with over 400\u00a0investors putting in $313,000 and an average investment of $700.[9]On April 8, 2013, Mosaic announced that it had received approval to sell $100\u00a0million worth of solar investments to the California public. As part of the announcement, Mosaic released another project on the Ronald McDonald House in San Diego.[10][11]On March 6, 2014, Mosaic announced that it would begin offering crowdfunded loans to homeowners who would like to install solar. [12]2015-2021[edit]Mosaic has been financing residential loans for solar systems by leveraging third party capital providers since 2014. Since this shift, Mosaic has continued to grow in the solar financing space, in large part because of this additional raised capital.Mosaic’s first major round of capital came in October 2014 with reinsurer PartnerRe, funding $100 million of Mosaic home solar loans. These funds were directed at expanding its lending system.[13] In 2014, it was one of the first companies to pioneer solar lending by combining one of the industry’s first 20-year solar loans with fully digital financing.In 2016, Mosaic introduced a battery-only loan. In 2017, the company introduced a 25-year loan and expanded into other sustainable home improvement verticals. In 2019, Mosaic introduced a product to enable the purchase of solar with other bundled improvements, including roofs, windows, and doors. Over the course of 2016, Mosaic raised $200 million between Germany’s DZ Bank and New York Green Bank[14] and a separate $220 million equity financing in Series C funding through private equity firm Warburg Pincus.[15]In 2020, the company introduced a first-of-its-kind sustainable home improvement loan with up to 18 months of  deferred interest and payments followed by repayment terms up to 25 years.[16][17]Funding[edit]2012[edit]2014Mosaic raised $100 million through reinsurer PartnerRe[20]2016Mosaic raised $200 million in warehouse financing through Germany’s DZ Bank and the New York Green Bank [21]Mosaic raised $220 million in equity financing through private equity firm Warburg Pincus[22]See also[edit]References[edit]^ Fehrenbacher, Katie (2012-05-04). “The Kickstarter for solar could make you money starting this Summer”. Gigaom. Archived from the original on 2016-11-05. Retrieved 2021-04-23.^ Hales, Roy. “Mosaic Home Solar Loan Launched By Mosaic & RGS Energy”. CleanTechnica. Archived from the original on 2017-03-22. Retrieved 23 April 2021.^ “How Mosaic is able to accelerate growth in uncertain times”. PV magazine. Retrieved 15 December 2022.^ “Some 75% of Surveyed Americans Would Jump at a Green Job in Solar, Wind or Evs which Tend to Pay 21% higher”. Marketwatch. Retrieved 15 December 2022.^ a b Herndon, Andrew (January 7, 2013). “Solar Mosaic’s Crowdfunding Beats Treasuries With 4.5% Return”. Bloomberg.^ “Solar Crowdfunding Website Raises $2.5 Million”. Sustainable Business. June 1, 2012.^ Makower, Joel (December 10, 2012). “How Mosaic brings cleantech investing to the masses”. GreenBiz.^ Woody, Todd (2013-01-07). “Startup Launches Online Platform To Let Individuals Invest In Solar Projects”. Forbes.^ Lisa Hymas (January 8, 2013). “Solar crowdfunding project Mosaic sells out in under 24 hours”. Grist.^ Foran, Clare (2013-10-24). “Meet the Kickstarter of Solar Energy”. The Atlantic. Retrieved 2021-05-28.^ “Update on Mosaic and Solar Crowd-Funding”. Forbes. Retrieved 25 August 2021.^ David Baker (March 6, 2014). “Mosaic crowdsources solar installation for homeowners”. SF Chronicle.^ Goossens, Ehren. “PartnerRe to Fund $100 Million of Mosaic Home Solar Loans”. Bloomberg. Bloomberg.com. Retrieved 10 March 2017.^ Groom, Nichola. “Mosaic raises $200 million for U.S. home solar loans”. Reuters. Reuters. Retrieved 13 March 2017.^ Chernova, Yuliya. “Warburg Pincus Leads $220 Million Round for Solar Lender Mosaic”. Wall Street Journal. Wall Street Journal. Retrieved 13 March 2017.^ “Mosaic Releases Two New Solar Loan Products for U.S. Homeowners”. Solar Industry magazine. Retrieved 25 August 2021.^ “Lyft, Airbnb and other companies join forces to help you go electric”. Canary Media. Retrieved 15 December 2022.^ “Solar Mosaic Brings Series A to $3.4M for Crowdfunding Solar Energy”. Dow Jones & Company. October 2, 2012.^ “Solar Mosaic Inc. Mosaic Home Solar LoanSunShot 9 Final Report”. Office of Scientific and Technical Information. 2021-05-28. Archived from the original on 2018-10-30. Retrieved 2021-05-28.^ Goossens, Ehren. “PartnerRe to Fund $100 Million of Mosaic Home Solar Loans”. Bloomberg. Bloomberg.com. Retrieved 10 March 2017.^ Groom, Nichola. “Mosaic raises $200 million for U.S. home solar loans”. Reuters. Reuters. Retrieved 13 March 2017.^ Chernova, Yuliya. “Warburg Pincus Leads $220 Million Round for Solar Lender Mosaic”. Wall Street Journal. Wall Street Journal. Retrieved 13 March 2017.       (adsbygoogle = window.adsbygoogle || []).push({});after-content-x4"},{"@context":"http:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"https:\/\/wiki.edu.vn\/en\/wiki24\/#breadcrumbitem","name":"Enzyklop\u00e4die"}},{"@type":"ListItem","position":2,"item":{"@id":"https:\/\/wiki.edu.vn\/en\/wiki24\/mosaic-inc-wikipedia\/#breadcrumbitem","name":"Mosaic Inc. – Wikipedia"}}]}]