Bulb

London, United Kingdom Founded: 2014 • Age: 12 yrs Acquired By Octopus Energy
Renewable gas and electricity are supplied online in the UK.
Annual revenue $1.9B Latest available
Total funding $91.5M 6 rounds
Employees 4 Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Energy & Utilities
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
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  • Legal Name Bulb Energy Ltd
  • Date of Incorporation 02 Apr, 2013
  • Jurisdiction BIRMINGHAM
Operational Areas
Energy & Utilities → Power Generation & Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.93 B (USD)
    85
    as on Mar 31, 2020
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $91.47 M (USD)

    in 6 rounds

  • Latest Funding Round
    $80.34 M (USD), Series B

    Jun 12, 2018

  • Investors
  • Employee Count
    4

    as on Dec 31, 2022

  • 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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Magnetar Capital is engaged in alternative asset management.
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Venture capital investment firm
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Early-stage tech startups are funded by this venture capital firm.
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Investor details for Bulb

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Investments & Acquisitions by Bulb

Investments
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Investment portfolio details for Bulb

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Financial Statements - Bulb

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Detailed financials for Bulb

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Bulb Comparisons

Bulb Primary company
Description
Renewable gas and electricity are supplied online in the UK.
Location
London, United Kingdom
Founded Year
2014
Annual Revenue
$1.93 B (USD)
Net Profit
Not available
EBITDA
Not available
Employees
4
As of 2022
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Peer comparison for Bulb

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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.

Company Name Domain Founded year HQ Location Description
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Utility bill management platform is provided for tracking and billing.
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Renewable energy is supplied via app-based platform by OVO Energy.
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Electric utility company
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Solar-powered electricity is delivered via an app-based platform.
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Supplier of renewable electricity and natural gas
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Detailed competitors of Bulb

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Latest news on Bulb

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Complete news archive for Bulb

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Frequently Asked Questions about Bulb

Bulb was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Bulb is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Bulb is a funded company, having raised a total of $91.47M across 6 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Bulb is 4.

Annual revenue of Bulb is $1.93B as on Mar 31, 2020.

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.

Bulb's top competitors include Octopus Energy, OVO Energy and Ostrom.

Bulb has 4 investors. Key investors include Octopus Energy, Magnetar Capital, DST Global Partners, and JamJar Investments.

The valuation of Bulb is $549.86M as of Jun 2018.

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