enercity

Hannover, Germany Founded: 1970 • Age: 56 yrs
Electricity and gas are supplied and distributed in Germany.
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About enercity

enercity is a company based in Hannover (Germany) founded in 1970. It operates as a Subscription Services, and Direct-to-Consumer (D2C). The company has 1,123 employees as of December 31, 2020. enercity has completed 4 acquisitions, including Dalkia, Danpower and EKT. enercity offers products and services including Ökostrom, Gas, Solar Solutions, Electromobility, and Heat Pumps.

  • Headquarter Hannover, Germany
  • Employees 1123 as on 31 Dec, 2020
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Enercity Ag
Operational Areas
Energy & Utilities → Energy & Water Utilities
Key Metrics
  • Annual Revenue
    $4.23 B (USD)
    19
    as on Dec 31, 2020
  • Net Profit
    $112.02 M (USD)
    -15
    as on Dec 31, 2020
  • EBITDA
  • Latest Funding Round
    $1.08 M (USD), Grant

    Feb 28, 2024

  • Investors
  • Employee Count
    1123

    as on Dec 31, 2020

  • Investments & Acquisitions
    Dalkia

    & 3 more

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Products & Services of enercity

enercity offers a comprehensive portfolio of products and services, including Ökostrom, Gas, Solar Solutions, Electromobility, and Heat Pumps. 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.

Primary

Green electricity is provided for sustainable energy consumption.

Natural gas is supplied for household and business use.

Solar packages are offered for renewable energy generation.

Charging solutions are provided for electric vehicle users.

Sustainable heating solutions are delivered through heat pumps.

People of enercity
Headcount 1000-5000
Employee Profiles 61
Employee Profiles
People
Abbas Seifeddine
Head Of Decentralized Heating Solutions
People
Steffen Weitz
Chief Information Security Officer (enercity Ag, Enercity Netz Gmbh)
People
Marcel Selbmann
Process Owner Plan To Perform & Implementation Lead Oracle Fusion Cloud - EPM
People
Nicolas Wagener
Geodata Specialist

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Funding Insights of enercity

  • Total Funding
  • Total Rounds 10
  • Last Round Grant — $1.1M
  • First Round

    (12 Jan 2017)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2024 Amount Grant - enercity Valuation

investors

Feb, 2024 Amount Grant - enercity Valuation

investors

Apr, 2023 Amount Grant - enercity Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in enercity

enercity has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and BAFA. 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.

All
Institutional
Investor Description Founded Year Domain Location
Business and energy news is delivered via an online platform.
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by enercity

enercity has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Dalkia, Danpower and EKT. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
EKT is engaged in manufacturing innovative plastic components.
2005
Dalkia is engaged in providing energy management and renewable solutions.
1998
Provider of investment consultng services
1979
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - enercity

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Enercity Comparisons

Employees
+
Add Comparison
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Competitors of enercity

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Enercity

Frequently Asked Questions about enercity

When was enercity founded?

enercity was founded in 1970 and raised its 1st funding round 47 years after it was founded.

Where is enercity located?

enercity is headquartered in Hannover, Germany. It is registered at Hannover, Niedersachsen, Germany.

Who is the current CEO of enercity?

Susanna Zapreva is the current CEO of enercity.

How many employees does enercity have?

As of Dec 31, 2020, the latest employee count at enercity is 1,123.

What is the annual revenue of enercity?

Annual revenue of enercity is $4.23B as on Dec 31, 2020.

What does enercity do?

Energy solutions are delivered by enercity, a major utility provider in Germany. Based in Hannover, the company serves around one million people with electricity, gas, heating, and drinking water. A wide range of products, including green electricity, solar solutions, electromobility, and heat pumps, are offered to private and business customers. Sustainable practices and regional engagement in Hannover are prioritized, alongside comprehensive energy consulting and transparent pricing. For over 200 years, reliable energy supply has been ensured, positioning enercity among the top ten energy providers in Germany.

What products or services does enercity offer?

enercity offers Ökostrom, Gas, Solar Solutions, Electromobility, and Heat Pumps.

How many acquisitions has enercity made?

enercity has made 4 acquisitions, including Dalkia, Danpower, and EKT.

Who are enercity's investors?

enercity has 2 investors. Key investors include European Union, and BAFA.

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