About Cirro Energy
Cirro Energy is a company based in Richardson (United States) founded in 2001 was acquired by NRG Energy in March 2014.. Cirro Energy offers products and services including Electricity Plans, Auto Pay, Average Billing, and Mobile App. Cirro Energy operates in a competitive market with competitors including Particle, ecobee, Landis+Gyr, Signify and Nanoleaf, among others.
- Headquarter Richardson, United States
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Sectors
Business ServicesEnergy & Utilities
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Phone
*********
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Website
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Social
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- Legal Name Independence Energy Group Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
NRG Energy
(Mar 01, 2014)
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Products & Services of Cirro Energy
Cirro Energy offers a comprehensive portfolio of products and services, including Electricity Plans, Auto Pay, Average Billing, and Mobile App. 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.
Provides various plans for residential and business electricity supply
Enables automatic withdrawals for monthly electricity bills
Offers averaged monthly bills to manage energy costs
Allows users to manage electricity accounts via phone
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Funding Insights of Cirro Energy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Cirro Energy
Cirro Energy has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include NRG Energy. 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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Energy generation and storage are managed on a large scale.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Cirro 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 - Cirro 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 |
Cirro Energy Comparisons
Competitors of Cirro Energy
Cirro 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 Particle, ecobee, Landis+Gyr, Signify and Nanoleaf, 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 |
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IoT connectivity platform from prototype to production is developed.
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Provider of smart thermostats for commercial and residential applications
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End-to-end energy management solutions are provided for utilities worldwide.
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Signify is recognized as a global leader in lighting solutions.
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Energy-efficient smart lightbulbs are developed by Nanoleaf.
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Smart panels for home energy management are provided by Span.IO.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cirro Energy
Frequently Asked Questions about Cirro Energy
When was Cirro Energy founded?
Cirro Energy was founded in 2001.
Where is Cirro Energy located?
Cirro Energy is headquartered in Richardson, United States. It is registered at Richardson, Texas, United States.
What does Cirro Energy do?
Cirro Energy was founded in 2001 and is based in Richardson, United States. Operations focus on the retail energy sector, where comparison tools and switching services for electricity and natural gas plans are offered. These solutions assist residential and commercial customers in the deregulated energy markets of Texas and other states. The companys platform enables users to evaluate providers and rates through an online interface.
Who are the top competitors of Cirro Energy?
Cirro Energy's top competitors include ecobee, Particle and Landis+Gyr.
What products or services does Cirro Energy offer?
Cirro Energy offers Electricity Plans, Auto Pay, Average Billing, and Mobile App.
Who are Cirro Energy's investors?
Cirro Energy has 1 investor. Key investors include NRG Energy.
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