Mosaic is an online marketplace that allows individuals and institutions to invest directly in solar projects and earn competitive returns. Mosaic fundamentally changes the way energy is financed by opening up clean energy investing to the public and connecting investors to high quality projects.
To date, over 1,700 individuals have invested over $2 million in loans for 14 projects. We have over 22,000 accounts and 24% month over month growth. Mosaic currently has $15 million in signed loan offers and another $250 million of projects in its pipeline. There is untapped potential to scale the platform to other markets and technologies.
The future of finance is built on networks. Much like AngelList has done to startup financing, Lending Club to consumer credit, and Kickstarter to the creative arts, the way things are funding and who is funding them is fundamentally changing. Mosaic is bringing this network driven approach to clean energy infrastructure.