Applied Energy

India Founded: 2008 • Age: 18 yrs
Provides end-to-end sustainable energy solutions with AI-backed design and maintenance services.
Annual revenue $77.7M Latest available
Total funding $82.8M 4 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Technology
    Energy & Utilities
  • Email
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  • Phone
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  • Website
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  • Legal Name Applied Energy Technologies P Limited
Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $77.72 M (USD)
    0
    as on Mar 31, 2023
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $82.79 M (USD)

    in 4 rounds

  • Latest Funding Round
    $40 M (USD), Series D

    May 28, 2015

  • Investors
  • Employee Count
    Not available
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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.

Product name locked
Category locked
Primary

AI/ML platform for optimizing renewable energy solutions

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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.

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
IFC is focused on private sector development in emerging markets.
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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Sustainable investment solutions are provided by Capricorn Investment Group.
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Investor details for Applied Energy

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Applied Energy

Investments
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Investment portfolio details for Applied Energy

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  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - Applied Energy

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Detailed financials for Applied Energy

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Applied Energy Comparisons

Applied Energy Primary company
Description
Provides end-to-end sustainable energy solutions with AI-bac...
Location
India
Founded Year
2008
Annual Revenue
$77.72 M (USD)
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Applied Energy

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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
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Provider of solar panel installation services
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Solar-powered irrigation and tech services for farmers are provided.
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Provider of solar panel installation and O&M services
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Solar project financing and development
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Energy monitoring sensing devices are provided for real-time consumption insights.
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Smart metering products for electricity and gas sectors are provided.
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Detailed competitors of Applied Energy

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Latest news on Applied Energy

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Complete news archive for Applied Energy

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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.

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.

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