About E3 Modelling
E3 Modelling is a company based in Athens (Greece) founded in 2013 was acquired by Ricardo in January 2023. It operates as a Professional Services. E3 Modelling offers products and services including PRIMES Modelling Suite, GEM-E3, and PROMETHEUS.
- Headquarter Athens, Greece
- SectorsEnergy & UtilitiesEnvironment
- Email••••••••
- Phone•••• ••••
- Website e3modelling.com
- Social LinkedIn X
- Acquired by Ricardo (Jan 2023)
- Legal Name E3-Modelling S.A.
Products & Services of E3 Modelling
E3 Modelling offers a comprehensive portfolio of products and services, including PRIMES Modelling Suite, GEM-E3, and PROMETHEUS.
Energy systems are modeled for low-carbon transition analysis.
Global economic interdependencies are captured through advanced models.
World energy systems are analyzed for policy insights.
Funding Insights of E3 Modelling
- Total Rounds 16
- Last Round Grant — $1.07M
- First Round $354,318
(Sep 2015)
- Investors Count 1
Latest 10 of 16 funding rounds of E3 Modelling with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2021 | $1.07M | Grant | – | – | |
| Oct 2020 | $172,723 | Grant | – | – | |
| Sep 2020 | $1.06M | Grant | – | – | |
| May 2020 | $365,863 | Grant | – | – | |
| Dec 2019 | – | Grant | – | – | |
| Oct 2019 | $945,864 | Grant | – | – | |
| Sep 2019 | $1.48M | Grant | – | – | |
| Jul 2019 | $666,633 | Grant | – | – | |
| Dec 2018 | – | Grant | – | – | |
| Dec 2017 | $269,387 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in E3 Modelling
E3 Modelling has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Ricardo and European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Drive transmission components are manufactured and supplied to OEMs. | 1915 | ricardo.com | - |
Investor details for E3 Modelling
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of E3 Modelling
2 people are tracked at E3 Modelling (2 in leadership).
| Name | Role | Group |
|---|---|---|
Leonidas Paroussos | Managing Director | Leadership |
Graham Ritchie | CEO | Leadership |
Complete people profiles for E3 Modelling
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of E3 Modelling
4 dated milestones of E3 Modelling across 10 years, from founding to its latest funding, stage changes and deals.
- Founded E3 Modelling is founded.
- Funding First funding round of $354K.
- Funding Latest funding round, Grant, of $1.1M.
- Exit Acquired by Ricardo.
Similar companies to E3 Modelling
10 companies that operate in the same segment as E3 Modelling (Energy Efficiency & Conservation), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial climate control solutions, including dehumidification and cooling, are provided. | 1955 | Beverly, Massachusetts, United States | – | USD 1.6 B | 5,410 | |
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Industrial automation, power systems, and semiconductors are manufactured globally. | 1921 | Chiyoda, Tokyo, Japan | – | – | – | |
Commercial HVAC solutions in air conditioning and refrigeration are manufactured. | 1902 | Palm Beach Gardens, Florida, United States | – | USD 21.75 B | 48,000 | |
Energy conservation and automation solutions are provided for industrial processes. | 1926 | Pune, Maharashtra, India | – | USD 137.05 M | 1,840 | |
Electricity is distributed by Energisa in Brazilian regions. | 1905 | Rio De Janeiro, Rio De Janeiro, Brazil | – | USD 6.47 B | 17,410 | |
HVAC equipment for commercial applications is manufactured. | 1988 | Tulsa, Oklahoma, United States | – | USD 1.44 B | 4,810 | |
Multi-category consumer electronics products are provided by Syska. | 2012 | Pune, Maharashtra, India | USD 62 M | USD 148.76 M | 3 | |
Electronics, lighting, and smart consumer products are developed. | 1886 | Pittsburgh, Pennsylvania, United States | USD 1.1 M | – | – | |
Electrical and digital solutions for building infrastructures are provided. | 1860 | Limoges, Haute-vienne, France | – | USD 11.14 B | 34,900 |
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Frequently Asked Questions about E3 Modelling
E3 Modelling was founded in 2013 and raised its 1st funding round 2 years after it was founded.
E3 Modelling is headquartered in Athens, Greece.
Graham Ritchie is the current CEO of E3 Modelling.
E3 Modelling is involved in providing consulting services focused on the energy-climate-economy nexus. Large-scale empirical models like PRIMES, GEM-E3, and PROMETHEUS are utilized to analyze transitions in energy markets and systems. The company supports policy makers, governments, and private entities in designing strategies for low-carbon futures. Sectors covered include energy, transport, environment, and macroeconomic impacts. Solutions are tailored to assess economic, policy, and implementation perspectives for sustainable development.
E3 Modelling offers PRIMES Modelling Suite, GEM-E3, and PROMETHEUS.
E3 Modelling has 2 investors. Key investors include Ricardo, and European Union.
E3 Modelling operates through E3-Modelling S.A..
Yes. E3 Modelling was acquired by Ricardo in January 2023.