About 3tier
3tier is a company based in Seattle (United States) founded in 1999 was acquired by Vaisala in December 2013.. 3tier has raised $21.5 million across 5 funding rounds from investors including Vaisala and Good Energies. 3tier offers products and services including Xweather Platform and Weather Monitoring Service. 3tier operates in a competitive market with competitors including The Wind Power, REDi, Eldurado, Energy Quantified and Energy Acuity, among others.
- Headquarter Seattle, United States
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name 3Tier R&D India Private Limited
- Date of Incorporation 11 Apr, 2008
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$2.01 M (USD)-23.04as on Mar 31, 2017
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Net Profit
$56.39 K (USD)117.92as on Mar 31, 2017
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EBITDA
$10.28 K (USD)103.54as on Mar 31, 2017
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Total Equity Funding
$21.5 M (USD)
in 5 rounds
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Latest Funding Round
$2.5 M (USD), Series B
Sep 09, 2011
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Investors
Vaisala
& 1 more
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Employee Count
Employee Count
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Acquired by
Vaisala
(Dec 17, 2013)
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Products & Services of 3tier
3tier offers a comprehensive portfolio of products and services, including Xweather Platform and Weather Monitoring Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides renewable energy forecasting and weather data tools.
Delivers data for asset monitoring and environmental tracking.
Funding Insights of 3tier
3tier has successfully raised a total of $21.5M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $2.5 million completed in September 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $2.5M
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First Round
First Round
(22 Feb 2007)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2011 | Amount | Series B - 3tier | Valuation |
investors |
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| Feb, 2010 | Amount | Series B - 3tier | Valuation |
investors |
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| Oct, 2008 | Amount | Series B - 3tier | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 3tier
3tier has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Vaisala and Good Energies. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Provides comprehensive financial services focused on solar energy solutions.
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Founded Year | Domain | Location | |
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Data management solutions and measurement products are provided by Vaisala.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 3tier
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - 3tier
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
3Tier Comparisons
Competitors of 3tier
3tier operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as The Wind Power, REDi, Eldurado, Energy Quantified and Energy Acuity, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Wind energy databases and market intelligence are provided.
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| domain | founded_year | HQ Location |
Blockchain-based data marketplace for the renewable energy industry
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| domain | founded_year | HQ Location |
Online marketplace for renewable energy industry
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| domain | founded_year | HQ Location |
Offers forecasts of prices and fundamentals for European power market professionals.
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| domain | founded_year | HQ Location |
Data and insights on power generation markets are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 3tier
When was 3tier founded?
3tier was founded in 1999 and raised its 1st funding round 8 years after it was founded.
Where is 3tier located?
3tier is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Is 3tier a funded company?
3tier is a funded company, having raised a total of $21.5M across 5 funding rounds to date. The company's 1st funding round was a Series B of $13M, raised on Feb 22, 2007.
What is the annual revenue of 3tier?
Annual revenue of 3tier is $2.01M as on Mar 31, 2017.
What does 3tier do?
The company was founded in 1999 and is headquartered in Seattle, Washington. Services in project feasibility, asset management, and forecasting are provided to renewable energy operators, with a primary focus on the wind sector and additional support for solar and hydro markets. Operations extend across North America, Europe, the Middle East, Africa, India, Latin America, and the Asia Pacific region.
Who are the top competitors of 3tier?
3tier's top competitors include The Wind Power, REDi and Energy Acuity.
What products or services does 3tier offer?
3tier offers Xweather Platform and Weather Monitoring Service.
Who are 3tier's investors?
3tier has 2 investors. Key investors include Vaisala, and Good Energies.
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