Electrify

Singapore, Singapore Founded: 2017 • Age: 9 yrs
Blockchain-based retail electricity marketplace for Southeast Asia is operated.

About Electrify

Electrify is a company based in Singapore (Singapore) founded in 2017. It operates as a Peer-to-Peer (P2P) and Blockchain-as-a-Service. Electrify offers products and services including Synergy and Marketplace. Electrify operates in a competitive market with competitors including Resideo, Operto, epilot, KODE Labs and Green Revolution Cooling, among others.

  • Headquarter Singapore, Singapore
  • Sectors
    Business Services
    Energy & Utilities Technology
  • Website electrify.asia
  • Social LinkedIn X Facebook
  • Legal Name Electrify Pte Ltd
Key Metrics
  • Annual Revenue
    $45.01 K (USD)
    -49
    as on Dec 31, 2020
  • Net Profit
    -$795.99 K (USD)
    37
    as on Dec 31, 2020
  • Investors

Products & Services of Electrify

Electrify offers a comprehensive portfolio of products and services, including Synergy and Marketplace.

Synergy
Energy Trading Platform

A peer-to-peer energy trading platform is provided.

Marketplace
Energy Marketplace

A platform for energy selection is offered here.

Funding Insights of Electrify

  • Total Rounds 2
  • First Round $29.1M

    (Feb 2018)

  • Investors Count 1

All 2 funding rounds of Electrify with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2018–Seed–TEPCO i-Frontiers
–
Feb 2018$29.1MToken Sale––
–
Valuation history

1 investors in total: 1 institutional.

Investors in Electrify

Electrify has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include TEPCO i-Frontiers.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Innovative services for daily living comfort are developed by TEPCO i-Frontiers.
2017tepco-if.comTokyo, Japan
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Investor details for Electrify

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People of Electrify

1 people are tracked at Electrify (1 in leadership).

NameRoleGroup
Julius Tan
CEOLeadership
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Complete people profiles for Electrify

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Timeline of Electrify

3 dated milestones of Electrify across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded Electrify is founded.
  2. Funding First funding round of $29.1M.
  3. Funding Latest funding round, Seed,.

Competitors of Electrify

Electrify 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 Resideo, Operto, epilot, KODE Labs and Green Revolution Cooling, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
resideo.com2018Wilmington, United States–293
Smart home products for security and energy efficiency are provided.
operto.com2005Vancouver, Canada$37.05M–
Provider of cloud-enabled property automation and access control solutions
epilot.cloud2017Cologne, Germany$10.82M41
Customer management solutions including CRM and automation are provided.
kodelabs.com2017Detroit, United States$38.02M–
SaaS driven building operating system
grcooling.com2009Austin, United States$35.46M21
Oil immersion cooling solutions for data centers are provided.
awox.com2003Montpellier, France$5.13M–
Wifi-enabled smart home appliances are provided by AwoX.
ampotech.com2015Singapore$2.06M–
IoT and cloud-based solutions for energy monitoring are delivered.
anacle.com2006Singapore$4.32M–
Energy management software and business software solutions
sensorflow.co2016Singapore$11.57M–
Room automation and energy management systems are developed for hospitality.
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Detailed competitors of Electrify

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  • Operating metrics
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Latest news on Electrify

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Complete news archive for Electrify

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Similar companies to Electrify

10 companies that operate in the same segment as Electrify (Facility Management Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based software is provided for managing outdoor events and activities.
1999Dallas, Texas, United StatesUSD 313.84 M–2,458
Provider of smart thermostats for commercial and residential applications
2007Toronto, Ontario, CanadaUSD 151.52 M––
Envoy is recognized for providing workplace management solutions.
2013San Francisco, California, United StatesUSD 170.5 M––
IoT connectivity platform from prototype to production is developed.
2011San Francisco, California, United StatesUSD 134.87 M–109
Cloud-based video intercoms and physical security systems are provided.
2000Tysons, Virginia, United StatesUSD 137.36 MUSD 1.01 B2,009
Provider of interior design, product supply, and project management services for facilities
2011Mumbai, Maharashtra, IndiaUSD 21.3 MUSD 10.46 M292
End-to-end energy management solutions are provided for utilities worldwide.
1896Zug, Zug, SwitzerlandUSD 1.03 BUSD 1.17 B6,300
Corporate workplace and cafeteria digitization solutions are provided.
2014Bengaluru, Karnataka, IndiaUSD 2.24 MUSD 24.03 M594
Cloud and app-based facility management and service automation platform
1999New York, New York, United StatesUSD 56 M––
SaaS-based CAFM software is delivered for commercial facility management.
1995Leicester, England, United KingdomUSD 23.43 MUSD 98.38 M774
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Frequently Asked Questions about Electrify

Electrify was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Electrify is headquartered in Singapore, Singapore.

Julius Tan is the current CEO of Electrify.

Annual revenue of Electrify is $45.01K as on Dec 31, 2020.

Electrify is established as Asias electric marketplace, focusing on energy trading solutions. The company operates in the energy sector, providing platforms like Synergy for peer-to-peer energy trading and Marketplace for energy selection in deregulated markets such as Singapore. Blockchain technology is integrated to enhance growth and artificial intelligence capabilities. Solutions are offered to residential, commercial, and industrial consumers, ensuring fairer pricing and greater energy options across city-wide grids.

Electrify's top competitors include Resideo, Green Revolution Cooling and Anacle Systems.

Electrify offers Synergy and Marketplace.

Electrify has 1 investor. Key investors include TEPCO i-Frontiers.

Electrify operates through Electrify Pte Ltd.

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