Tigo Energy Inc.

www.tigoenergy.com

Formerly Tergotech

High-Tech Company
Public Company

(NASDAQ CM: TYGO)

TECH VERTICALS

Energy Tech, Monitoring, Optimization, Photovoltaics

General Data

Sector	Energy
Company Stage:	Revenue Growth
Established	2007
Number of Employees	265
Employees in Israel	15
Reg. Number:	abCDe

DESCRIPTION

Tigo is a worldwide leader in the development and manufacture of smart hardware and software solutions that enhance safety, increase energy yield, and lower operating costs of residential, commercial, and utility-scale solar systems. Tigo combines its Flex MLPE (Module Level Power Electronics) and solar optimizer technology with intelligent, cloud-based software capabilities for advanced energy monitoring and control. Tigo MLPE products maximize performance, enable real-time energy monitoring, and provide code-required rapid shutdown at the module level. The company also develops and manufactures products such as inverters and battery storage systems for the residential solar-plus-storage market.

TECHNOLOGY

Smart Solar, Module-level Monitoring, Rapid Shutdown, PV Selective Deployment, PV Retrofit/Add-on Solutions, PV Optimizers, Module-level Power Electronics, Flex MLPE.

ESTIMATED ANNUAL SALES

	TARGET MARKETS
	Utility, commercial, and residential solar installations, MLPE Market.

	BUSINESS MODEL
	B2B

COMPETITORS

Enphase Energy Inc. , National Semiconductor Corp.

SERVICE PROVIDERS

Company Name	Type
abC Defghij	Law Firm

REMARKS

Date	Remark
06/12/2022	Tigo Energy and Roth CH Acquisition IV Co. (NASDAQ: ROCG) ,a publicly-traded special purpose acquisition company (SPAC) with $117 million held in trust, today announced the signing of a definitive agreement for a business combination that is expected to result in Tigo becoming a public company. The transaction is expected to close in the second quarter of 2023.

CONTACT INFO

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Main Address: Campbell, United States

Address	655 Campbell Technology Parkway Suite 150
City	Campbell
State/Province	CA
Country	United States
Zip	95008

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Raanana, Israel

Address	25 Ha’haroshet St.
City	Raanana
Country	Israel
Zip	4365613

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Australia

Country	Australia

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Brazil

Country	Brazil

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Philippines

Country	Philippines

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Taiwan

Country	Taiwan

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Thailand

Country	Thailand

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Montevarchi, Italy

Address	Via Calamandrei 36, Montevarchi
City	Montevarchi
Country	Italy
Zip	52025

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Suzhou, China

Address	Unit 1703, Building 1, Harmony City 269 Wangdun Road, Suzhou Industry Park
City	Suzhou
Country	China
Zip	215028

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Tokyo, Japan

Address	Nihonbashi Front 1F 3-6-2 Nihonbashi, Chuo-ku
City	Tokyo
Country	Japan
Zip	103-0027

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Mr. Zvi Alon	CEO
Mr. Bill Roeschlein	CFO
Ms. Jing Tian	Chief Growth Officer
Mr. James Dillon	Chief Marketing Officer
Ms. Anita Chang	COO
Mr. Danny Eizips	VP, Engineering
Mr. Archie Roboostoff	VP, Software
Mr. Mirko Bindi	SVP, EMEA Sales & MD Europe
Ms. Gal Bauer	GM, Israel
Mr. Sam Arditi	Co-Founder
Mr. Ron Hadar	Co-Founder	MKS TeNTA (VP & General Manager (Control and Information Technology division))
Mr. Matt Glover	Public Relations

	BOARD

Board

Member	Title	Affiliation
abC Defghij	Chairman	CEO, Alon Ventures
abC Defghij	Board Member	General Partner, Generation Investment Management
abC Defghij	Board Member	General Partner, WISC Partners
abC Defghij	Board Member	Vice President, ClalTech
abC Defghij	Board Member	President, Alnitak Capital
abC Defghij	Board Member	Partner, Energy Growth Momentum
abC Defghij	Board Member	Sr. Advisor Governance & ESG

Public Offerings

Deal Date	Type of Offering	Exchange	Amount Raise	Valuation	Remarks
May. 23, 2023	IPO	NASDAQ CM	abCDe	abCDe	SPAC deal with Roth CH Acquisition IV Co.

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

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Round

Date

Stage

Amount

Valuation

Bridge

Jan. 09, 2023

Revenue Growth

abCDe

Eighth Round

Jan. 14, 2021

Revenue Growth

abCDe

Seventh Round

Apr. 15, 2016

Revenue Growth

abCDe

Sixth Round

Feb. 28, 2014

Revenue Growth

abCDe

Fifth Round

May. 07, 2013

Revenue Growth

abCDe

Fourth Round

Dec. 12, 2011

Revenue Growth

abCDe

Venture Lending

Apr. 12, 2011

Revenue Growth

abCDe

Third Round

Jun. 09, 2010

Revenue Growth

abCDe

Second Round

May. 27, 2009

Initial Revenues

abCDe

First Round - Extended

Oct. 07, 2008

Initial Revenues

abCDe

First Round

Jun. 03, 2008

Initial Revenues

abCDe

	R&D Grants

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Round

Date

Stage

Amount

Remarks

R&D Grant

Sep. 05, 2011

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Government Agency	abCDe

R&D Grant

Nov. 24, 2009

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij*	Bi-National Fund	abCDe	Co-op with US Architectural Glass & Aluminum Co. Inc.

	Acquisitions made by Tigo Energy

Acquired Company	Sector	Date	Amount	Remarks
abC Defghij	Energy...	Dec. 15, 2022	abCDe

Last Updated:	abCDe
IVC Number:	abCDe