About Applied Energy
Applied Energy is a company based in India founded in 2008. It operates as a B2B and SaaS. Applied Energy has raised $82.79 million across 4 funding rounds from investors including Bessemer Venture Partners, International Finance Corporation and Capricorn Investment Group. Applied Energy offers products and services including Energy Software Platform and Integrated Energy Solutions. Applied Energy operates in a competitive market with competitors including SolarSquare, Oorja, ZunRoof, Oorjan and MinionLabs, among others.
- Headquarter India
- Stage Minicorn
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Sectors
TechnologyEnergy & Utilities
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Email
***********
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Phone
*********
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Website
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- Legal Name Applied Energy Technologies P Limited
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Annual Revenue
$77.72 M (USD)0as on Mar 31, 2023
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Net Profit
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EBITDA
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Total Equity Funding
$82.79 M (USD)
in 4 rounds
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Latest Funding Round
$40 M (USD), Series D
May 28, 2015
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Investors
Bessemer Venture Partners
& 3 more
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Employee Count
Employee Count
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Products & Services of Applied Energy
Applied Energy offers a comprehensive portfolio of products and services, including Energy Software Platform and Integrated Energy Solutions.
AI/ML platform for optimizing renewable energy solutions
End-to-end services from design to maintenance for sustainability
Funding Insights of Applied Energy
Applied Energy has successfully raised a total of $82.79M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $40 million completed in May 2015. 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 4
- Last Round Series D — $40.0M
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First Round
First Round
(12 Oct 2009)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2015 | Amount | Series D - Applied Energy | Valuation | Future Fund | |
| Jan, 2012 | Amount | Series C - Applied Energy | Valuation | Capricorn | |
| May, 2010 | Amount | Series B - Applied Energy | Valuation | IFC |
Investors in Applied Energy
Applied Energy has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Bessemer Venture Partners, International Finance Corporation and Capricorn Investment Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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IFC is focused on private sector development in emerging markets.
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Founded Year | Domain | Location | |
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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Founded Year | Domain | Location | |
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Sustainable investment solutions are provided by Capricorn Investment Group.
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Founded Year | Domain | Location |
Investments & Acquisitions by Applied Energy
Financial Statements - Applied Energy
Applied Energy Comparisons
Competitors of Applied Energy
Applied Energy 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 SolarSquare, Oorja, ZunRoof, Oorjan and MinionLabs, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of solar panel installation services
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| domain | founded_year | HQ Location |
Solar-powered irrigation and tech services for farmers are provided.
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| domain | founded_year | HQ Location |
Provider of solar panel installation and O&M services
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| domain | founded_year | HQ Location |
Solar project financing and development
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| domain | founded_year | HQ Location |
Energy monitoring sensing devices are provided for real-time consumption insights.
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| domain | founded_year | HQ Location |
Smart metering products for electricity and gas sectors are provided.
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Latest news on Applied Energy
Frequently Asked Questions about Applied Energy
Applied Energy was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Applied Energy is headquartered in India.
Applied Energy is a funded company, having raised a total of $82.79M across 4 funding rounds to date. The company's 1st funding round was a Series B of $12.26M, raised on Oct 12, 2009.
Annual revenue of Applied Energy is $77.72M as on Mar 31, 2023.
Applied Energy Technologies delivers integrated renewable energy solutions for homes and businesses, focusing on cost-efficient and distributed systems. They handle everything from design and installation to operation and maintenance, optimized by an AIML-backed software platform for long-term reliability. Based in Gurugram, India, they serve customers seeking sustainable energy options, ensuring peace of mind through comprehensive services.
Applied Energy's top competitors include SolarSquare, Oorjan and ZunRoof.
Applied Energy offers Energy Software Platform and Integrated Energy Solutions.
Applied Energy has 4 investors. Key investors include Bessemer Venture Partners, International Finance Corporation, Capricorn Investment Group, and Future Fund.
The valuation of Applied Energy is $203.46M as of May 2015.