About Effy
Effy is a company based in Paris (France) founded in 2008 by Frederic Utzmann. It operates as a Professional Services, and Direct-to-Consumer (D2C). Effy has raised $22.52 million across 2 funding rounds from investors including Felix Capital and Succes Europe. Effy has completed 1 acquisition, including Quelle Energie. Effy offers products and services including Energy Renovation, Insulation Solutions, Heating Systems, and Solar Energy Systems.
- Headquarter Paris, France
- Founders Frederic Utzmann
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Sectors
Business ServicesEnergy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Effy Connect
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$22.52 M (USD)
in 2 rounds
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Latest Funding Round
$21.68 M (USD), Series A
Mar 30, 2023
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Investors
Felix Capital
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Effy
Effy offers a comprehensive portfolio of products and services, including Energy Renovation, Insulation Solutions, Heating Systems, and Solar Energy Systems. 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.
Energy renovation services are provided for residential properties.
Insulation for walls and roofs is offered expertly.
Heating solutions like heat pumps are installed efficiently.
Solar panels and systems are installed for energy savings.
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Funding Insights of Effy
Effy has successfully raised a total of $22.52M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $21.68 million completed in March 2023. 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 2
- Last Round Series A — $21.7M
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First Round
First Round
(01 Jan 2009)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Series A - Effy | Valuation | Felix Capital |
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| Jan, 2009 | Amount | Seed - Effy | Valuation | Succes Europe |
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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 Effy
Effy has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Felix Capital and Succes Europe. 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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Tech companies are funded by this London-based venture capital firm.
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Founded Year | Domain | Location | |
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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 Effy
Effy has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Quelle Energie. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Manufacturer of laboratory-grown CVD diamonds for diverse applications
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Effy
| 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 |
Effy Comparisons
Competitors of Effy
| 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 Effy
Frequently Asked Questions about Effy
When was Effy founded?
Effy was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Where is Effy located?
Effy is headquartered in Paris, France.
Who is the current CEO of Effy?
Frederic Utzmann is the current CEO of Effy. They have also founded this company.
Is Effy a funded company?
Effy is a funded company, having raised a total of $22.52M across 2 funding rounds to date. The company's 1st funding round was a Seed of $842.37K, raised on Jan 01, 2009.
What does Effy do?
Effy is engaged in providing energy renovation solutions for homes across France. Services are focused on insulation, heating systems, solar energy installations, and comprehensive energy audits. Sectors served include residential construction and renewable energy. Customized studies are conducted to offer tailored solutions, ensuring energy efficiency and cost savings. Support with financial aids and project management is also provided to simplify the renovation process for clients.
What products or services does Effy offer?
Effy offers Energy Renovation, Insulation Solutions, Heating Systems, and Solar Energy Systems.
How many acquisitions has Effy made?
Effy has made 1 acquisition, including Quelle Energie.
Who are Effy's investors?
Effy has 2 investors. Key investors include Felix Capital, and Succes Europe.