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
*********
- 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. 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.
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 |
| 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 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. 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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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 |
| 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 Applied Energy
| 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 - Applied Energy
| 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 |
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. 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 |
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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| 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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Latest news on Applied Energy
Frequently Asked Questions about Applied Energy
When was Applied Energy founded?
Applied Energy was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Where is Applied Energy located?
Applied Energy is headquartered in India.
Is Applied Energy a funded company?
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.
What is the annual revenue of Applied Energy?
Annual revenue of Applied Energy is $77.72M as on Mar 31, 2023.
What does Applied Energy do?
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.
Who are the top competitors of Applied Energy?
Applied Energy's top competitors include SolarSquare, Oorjan and ZunRoof.
What products or services does Applied Energy offer?
Applied Energy offers Energy Software Platform and Integrated Energy Solutions.
Who are Applied Energy's investors?
Applied Energy has 4 investors. Key investors include Bessemer Venture Partners, International Finance Corporation, Capricorn Investment Group, and Future Fund.
What is Applied Energy's valuation?
The valuation of Applied Energy is $203.46M as of May 2015.