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greenely.se

Founded Year

2014

Stage

Loan | Alive

Total Raised

$17.16M

Last Raised

$6.94M | 1 mo ago

Revenue

$0000 

About Greenely

Greenely is an energy management tool. Using the Greenely mobile app, households will be able to get an overview of their energy consumption and personalized feedback on their energy behavior, all with minimum effort and with no additional hardware installation. The tool utilizes learning algorithms that track and analyze the households’ energy behaviors and then adapts accordingly. Through in-depth and targeted analysis, gamification and comparison with neighbors, the households will be incentivized and guided towards a decreased energy consumption. It was founded in 2014 and is based in Stockholm,, Sweden.

Greenely Headquarter Location

Birger Jarlsgatan 12

Stockholm, 114 34,

Sweden

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Expert Collections containing Greenely

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Greenely is included in 4 Expert Collections, including Grid and Utility.

G

Grid and Utility

355 items

This collection includes companies that are working on software and hardware to improve grids, utilizing new pricing models, and developing microgrids.

S

Smart Cities

1,912 items

E

Energy Management Software

585 items

Companies creating software to help manage, optimize, and automate energy management and optimization.

R

Real Estate Tech

2,363 items

Startups in the space cover the residential and commercial real estate space with a focus on consumers. Categories include buying, selling and investing in real estate (iBuyers, marketplaces, investment/crowdfunding platforms), and also tenant experience, property management, et

Latest Greenely News

Smart energy platform Greenely secures £1.6 million, charts UK market entry

Jul 29, 2021

Smart energy platform Greenely secures £1.6 million, charts UK market entry July 29th, 2021. Stockholm-based smart energy platform Greenely has secured £1.6 million in a funding round. Greenely connects to smart energy meters and puts the power of energy consumption, and the associated bill that goes with it, in the hands of the consumer. With the funding, Greenely is squarely setting its sights on a UK market entry, slated for the second half of this year. To date, the firm has raised a total of £5 million. In the past nine months, Greenely has doubled its paying customer base and saw a 372% increase in monthly revenues over the past year. This premium monthly subscription service also brokers electricity supplies at cost price. In doing so, Greenely is setting itself apart from the competition with its main revenue independent of consumers’ power usage. “All traditional energy companies base their profits on their customers using more power: it’s pounds per kilowatt-hour. Power is simply a commodity for them,” explains co-founder and CEO Tanmoy Bari . “We aim much higher, driving customer loyalty through a superior experience and continually reinvesting in our platform to push that forwards.” With UK consumers increasing expressing demand for sustainable energy alternatives, demonstrated through the uptake of smart meters, solar panels, and electric vehicles, Greenely is keen to strike while the iron is hot. The company estimates that 46% of all UK households, some 13 million, could benefit from the services they have on offer. The latest edition to Greenely’s funding round includes £502,000 in growth financing from Silicon Valley Bank . Commenting on SVB’s interest in Greenely’s UK expansion plans, Vice President Ruari Phillips comments, “Greenely speaks to a growing UK market for smart, green power which offers customers a means to take full control of their usage, reducing their expenditure in an environmentally friendly way.”

Greenely Web Traffic

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  • When was Greenely founded?

    Greenely was founded in 2014.

  • Where is Greenely's headquarters?

    Greenely's headquarters is located at Birger Jarlsgatan 12, Stockholm.

  • What is Greenely's latest funding round?

    Greenely's latest funding round is Loan.

  • How much did Greenely raise?

    Greenely raised a total of $17.16M.

  • Who are the investors of Greenely?

    Investors of Greenely include byFounders, Luminar Ventures, Backstage Invest, Concejo, Gainbridge Capital and 10 more.

  • Who are Greenely's competitors?

    Competitors of Greenely include Eliq.

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