Yeloha
The business, the turning points, and the decisions behind them.
01 / WHAT IT BUILT
What the company did
Yeloha was a peer-to-peer solar-sharing network founded in January 2012 by Amit Rosner and Idan Ofrat (via parent company Generaytor), operating from Boston and Tel Aviv. It let homeowners ('Solar Hosts') host rooftop solar arrays and sell the electricity to other households ('Sun Partners') through virtual net metering — 'one-click solar' for people whose own roofs weren't suitable. It launched in Massachusetts on an invitation-only basis and raised $4.5 million across two rounds.
02 / Yeloha FAILURE REASONS
Failure reasons
Yeloha announced its shutdown in May 2016: growth was limited, it couldn't secure project finance, partnerships with established industry players never materialized, regulation was unstable, and venture capital was retreating from the solar sector. Preqin records the end as a bankruptcy/write-off.
03 / EVENT HISTORY
Events in the structured record
- Founded
Amit Rosner and Idan Ofrat founded Yeloha (via Generaytor) as a peer-to-peer solar-sharing network.
- Series A
Raised $3.5M Series A led by Carmel Ventures, launching the P2P solar network in Massachusetts.
- Shutdown
Announced shutdown of the solar sharing network in May 2016 ('Lights Out for Yeloha').
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN
How the factors connect
- 01
Raised $4.5M total across two rounds (2012, 2015).
- 02
No buyer emerged; the solar sharing network was wound down in May 2016.
- 03
No loss figure was disclosed for the shutdown; loss_amount is left null.