About 3tier
3tier is a Technology company based in Seattle (United States) founded in 1999, and was acquired by Vaisala in December 2013. Wind energy forecasting and management services are offered globally. 3tier has raised $21.5 million across 5 funding rounds from investors including Vaisala and Good Energies. Its Indian entity 3Tier R&D India Private Limited reported revenue of ₹14.55 Cr. 3tier offers products and services including Xweather Platform and Weather Monitoring Service. Its focus areas include Enterprise Applications, Data as a Service, Industries and Energy Metals and Chemicals Data.
Company details
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.
- Headquarters Seattle, United States
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website 3tier.com/account/login
- Social LinkedIn X
- Acquired by Vaisala (Dec 2013)
- Legal Name 3Tier R&D India Private Limited
- Date of Incorporation 11 Apr, 2008
- Jurisdiction Bangalore, Karnataka, India
Associated legal entities of 3tier
3tier operates through 3Tier R&D India Private Limited (dissolved under section 59(8)). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| 3Tier R&D India Private Limited CIN U73100KA2008PTC046033 | Dissolved Under Section 59(8) | 11 Apr 2008 | Bangalore, Karnataka | ₹14.5 Cr | 3 | View details |
Products & Services of 3tier
3tier offers a comprehensive portfolio of products and services, including Xweather Platform and Weather Monitoring Service.
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 $21.5M
- Total Rounds 5
- Last Round Series B — $2.5M
- First Round $1M
(Feb 2007)
- Investors Count 1
All 5 funding rounds of 3tier with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2011 | $2.5M | Series B | – | – | – |
| Feb 2010 | $3M | Series B | – | – | – |
| Oct 2008 | $13M | Series B | – | – | |
| Aug 2007 | $2M | Series A | – | – | |
| Feb 2007 | $1M | Series A | – | – | – |
2 investors in total: 2 institutional.
Investors in 3tier
3tier has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Vaisala and Good Energies.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provides comprehensive financial services focused on solar energy solutions. | 2001 | goodenergies.org | Zug, Switzerland | |
Data management solutions and measurement products are provided by Vaisala. | 1936 | vaisala.com | Vantaa, Finland |
Investor details for 3tier
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of 3Tier R&D India Private Limited (3tier)
3Tier R&D India Private Limited is the primary company behind 3tier. The board of 3Tier R&D India Private Limited currently have 3 directors; the longest-serving is Kaarina Sirpa Muurinen, appointed in 2014. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kaarina Sirpa Muurinen DIN 07016882 | Director | 02 Sep 2014 | 12 yrs 2 mo | 3Tier R&D India Private Limited |
| Milan Suryakant Bhise DIN 00142276 | Director | 11 Apr 2016 | 10 yrs 7 mo | 3Tier R&D India Private Limited |
| Jarkko Tapio Sairanen DIN 07814116 | Director | 22 May 2017 | 9 yrs 5 mo | 3Tier R&D India Private Limited |
Financials of 3tier
Figures of 3Tier R&D India Private Limited, the primary company behind 3tier, for FY 2020. Revenue was ₹14.55 Cr (+40% year on year). Net profit was ₹70.7 Lakh (5% margin). EBITDA was ₹7.12 Cr (49% margin). Revenue has grown at a compounded annual rate of +2% over three years and +6% over five years.
- ₹14.55 CrRevenue · FY 2020 · +40% YoY
- ₹70.7 LakhNet profit · 5% margin
- ₹7.12 CrEBITDA · 49% margin
- ₹1 LakhPaid-up capital
- +2%Revenue CAGR, 3 years
- +6%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of 3Tier R&D India Private Limited are on its company page.
Detailed financial statements for 3tier
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of 3tier
4 dated milestones of 3tier across 14 years, from founding to its latest funding, stage changes and deals.
- Founded 3tier is founded.
- Funding First funding round of $1.0M.
- Funding Latest funding round, Series B, of $2.5M.
- Exit Acquired by Vaisala.
Web traffic of 3tier
The website of 3tier (3tier.com) receives about 3.6K visits a month.
- Monthly visits3.6K
▲ 88.8% vs previous month
Websites whose visitors overlap most with 3tier. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| energy.gov | 100% | 2.1M | #31,977 | View details | |
| nrel.gov | 99% | 720.3K | #68,536 | View details | |
renewableenergyworld.com | renewableenergyworld.com | 76% | #493,546 | – | |
glrea.org | glrea.org | 74% | – | ||
| treehugger.com | 63% | 953K | #76,576 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for 3tier
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Data as a Service
3 companies that operate in the same segment as 3tier (Data as a Service) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
Contact databases and sales intelligence are supplied to businesses. | 2000 | Vancouver, Washington, United States | USD 32 M | USD 1.25 B | 3,510 | |
Cloud-based satellite imagery data and analytics solutions are provided. | 2010 | San Francisco, California, United States | USD 601.59 M | USD 307.73 M | 1,749 |
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Frequently Asked Questions about 3tier
3tier was founded in 1999 and raised its 1st funding round 8 years after it was founded.
3tier is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
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 A of $1M, raised on Feb 2007.
The primary company behind 3tier, 3Tier R&D India Private Limited, reported revenue of ₹14.55 Cr for FY 2020, up 40% year on year.
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.
3tier offers Xweather Platform and Weather Monitoring Service.
3tier has 2 investors. Key investors include Vaisala, and Good Energies.
3tier operates through 3Tier R&D India Private Limited.
Yes. 3tier was acquired by Vaisala in December 2013.
The legal entities of 3tier currently have 3 directors, including Milan Suryakant Bhise, Kaarina Sirpa Muurinen, Jarkko Tapio Sairanen.