About Bulb
Bulb is a company based in London (United Kingdom) founded in 2014 was acquired by Octopus Energy in October 2022.. Bulb has raised $91.47 million across 6 funding rounds from investors including Octopus Energy, Magnetar Capital and DST Global Partners. The company has 4 employees as of December 31, 2022. Bulb operates in a competitive market with competitors including Octopus Energy, OVO Energy, EDF Energy, Ostrom and EkWateur, among others.
- Headquarter London, United Kingdom
- Employees 4 as on 31 Dec, 2022
- Stage Minicorn
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Bulb Energy Ltd
- Date of Incorporation 02 Apr, 2013
- Jurisdiction BIRMINGHAM
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Annual Revenue
$1.93 B (USD)85as on Mar 31, 2020
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Net Profit
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EBITDA
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Total Equity Funding
$91.47 M (USD)
in 6 rounds
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Latest Funding Round
$80.34 M (USD), Series B
Jun 12, 2018
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Investors
Octopus Energy
& 3 more
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Employee Count
4
as on Dec 31, 2022
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Acquired by
Octopus Energy
(Oct 08, 2022)
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Funding Insights of Bulb
Bulb has successfully raised a total of $91.47M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $80.34 million completed in June 2018. 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 6
- Last Round Series B — $80.3M
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First Round
First Round
(23 Feb 2015)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Series B - Bulb | Valuation | Magnetar , DST Global |
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| Sep, 2017 | Amount | Series A - Bulb | Valuation | JamJar Investments |
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| Apr, 2017 | Amount | Series A - Bulb | Valuation |
investors |
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| 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 Bulb
Bulb has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Octopus Energy, Magnetar Capital and DST Global Partners. 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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Magnetar Capital is engaged in alternative asset management.
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Founded Year | Domain | Location | |
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Venture capital investment firm
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Founded Year | Domain | Location | |
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Early-stage tech startups are funded by this venture capital firm.
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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 Bulb
| 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 - Bulb
| 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 |
Bulb Comparisons
Competitors of Bulb
Bulb 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 Octopus Energy, OVO Energy, EDF Energy, Ostrom and EkWateur, 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 |
Utility bill management platform is provided for tracking and billing.
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| domain | founded_year | HQ Location |
Renewable energy is supplied via app-based platform by OVO Energy.
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| domain | founded_year | HQ Location |
Electric utility company
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| domain | founded_year | HQ Location |
Solar-powered electricity is delivered via an app-based platform.
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| domain | founded_year | HQ Location |
Supplier of renewable electricity and natural gas
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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 Bulb
Frequently Asked Questions about Bulb
When was Bulb founded?
Bulb was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Bulb located?
Bulb is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Bulb a funded company?
Bulb is a funded company, having raised a total of $91.47M across 6 funding rounds to date. The company's 1st funding round was a Series A of $7.33M, raised on Feb 23, 2015.
How many employees does Bulb have?
As of Dec 31, 2022, the latest employee count at Bulb is 4.
What is the annual revenue of Bulb?
Annual revenue of Bulb is $1.93B as on Mar 31, 2020.
What does Bulb do?
Bulb was founded in 2014 and is headquartered in London, United Kingdom. Operations focus on the renewable energy sector, where renewable gas and electricity are provided to customers through an online platform. Competition is offered against established utility providers with 100 renewable electricity sourced via one variable tariff and one fixed tariff. Simplification of the supply chain is achieved through technology improvements and wholesale price adjustments.
Who are the top competitors of Bulb?
Bulb's top competitors include Octopus Energy, OVO Energy and Ostrom.
Who are Bulb's investors?
Bulb has 4 investors. Key investors include Octopus Energy, Magnetar Capital, DST Global Partners, and JamJar Investments.
What is Bulb's valuation?
The valuation of Bulb is $549.86M as of Jun 2018.
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