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OneEthos acquires solar customer-experience platform Bodhi

The climate lender will give Bodhi's software to installers for free if they offer its 30-year, no-dealer-fee solar loans, in a bid to steer the industry away from leases.

ASAcquired deals deskNorth America31 March 2026 · 3 min read
OneEthos acquires Bodhi
Photo: Jaggery / Wikimedia Commons, CC BY-SA 2.0

OneEthos, a US climate finance company, said on March 31, 2026 that it had acquired Bodhi, an Austin-based software platform that helps residential solar installers keep in touch with customers and win referrals and repeat business.

The companies did not disclose the price or other terms of the deal.

Bodhi's founder and chief executive, Scott Nguyen, was quoted in the announcement. OneEthos said Bodhi would be offered at no cost to installers who commit to what it called ethical solar financing and are interested in the 30-year, no-dealer-fee loans that OneEthos offers with its affiliate, Climate First Bank.

What Bodhi built

Bodhi sells a customer-experience platform to solar installation companies. It uses automation and AI tools to keep homeowners informed during and after an installation, with the aim of turning them into sources of referrals and further sales. According to Solar Power World, the platform has been used on more than 30,000 solar installations, and installers that use it have an average Net Promoter Score of 65.

Nguyen founded the company as 17TeraWatts in Austin in March 2018. Silicon Hills News reported in 2019 that the startup, then part of the MassChallenge Texas accelerator, was launching an app called Bodhi, and quoted Nguyen as saying his goal was to make going solar contagious. At the time he pointed to Chinese tariffs, expiring tax credits and rising customer-acquisition costs as limits on the industry's growth.

By 2022, Mercom reported that Bodhi's customers included the installers SunCommon and A.M. Sun Solar, and that the company said it had improved its customers' operations and sales by up to 50%.

“Installers need new kinds of partnerships that help them win with both economics and execution.”Scott Nguyen, CEO and Founder, Bodhi
Funding historyTotal raised $4m
2022UnknownClean Energy Ventures$4m

Why OneEthos is buying

OneEthos works with more than 500 approved installer partners. Through Climate First Bank, an FDIC-insured bank that is its affiliate, it offers 30-year solar loans without the dealer fees that installers often add to the price of financed systems, with milestone payments to installers. Solar Power World reported that the bank pioneered this loan model, which does not depend on tax incentives.

The companies pitched the loans as an alternative to solar leases, letting homeowners own their systems from the start while keeping monthly costs low. Offering Bodhi free to installers who use the loans gives OneEthos a way to attract more installers to its financing product.

OneEthos chief executive Marcio deOliveira said the acquisition helped the company continue and expand the mission Climate First Bank began with its affordable no-dealer-fee loans. Nguyen said residential solar still needed to grow much faster, and that installers needed partnerships that helped them on both cost and execution.

The funding

Bodhi raised a $4 million financing round in February 2022, led by Clean Energy Ventures, a venture firm that invests in early-stage climate technology, Mercom reported. The company said then that it would use the money to hire in engineering, sales, marketing and operations and to speed up product development.

Neither company disclosed Bodhi's headcount, its total funding or whether its investors received a return from the sale.

What happens to installers

The announcement did not say whether pricing would change for installers that use Bodhi without taking up OneEthos loans. The free offer applies to installers that adopt the loan product. OneEthos said it planned to keep investing in technology and to hire in order to grow its team and speed up its service to installers.

OneEthos, which announced the deal through ACCESS Newswire, describes itself as a financial technology company focused on accelerating the delivery of sustainable and inclusive financial services. Mercom described it as a climate fintech. The acquisition of Bodhi adds a software product used by installers to a lending business, and gives OneEthos a direct channel to the installers it wants to finance.

Sources