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
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Enercity Ag
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Annual Revenue
$4.23 B (USD)19as on Dec 31, 2020
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Net Profit
$112.02 M (USD)-15as on Dec 31, 2020
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EBITDA
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Latest Funding Round
$1.08 M (USD), Grant
Feb 28, 2024
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Investors
European Union
& 1 more
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Employee Count
1123
as on Dec 31, 2020
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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.
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.
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Funding Insights of enercity
- Total Funding Total Funding
- Total Rounds 10
- Last Round Grant — $1.1M
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First Round
First Round
(12 Jan 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Grant - enercity | Valuation |
investors |
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| Feb, 2024 | Amount | Grant - enercity | Valuation |
investors |
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| Apr, 2023 | Amount | Grant - enercity | Valuation |
investors |
| 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 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Business and energy news is delivered via an online platform.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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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EKT is engaged in manufacturing innovative plastic components.
|
2005 | ||||
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Dalkia is engaged in providing energy management and renewable solutions.
|
1998 | ||||
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Provider of investment consultng services
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1979 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
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.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - enercity
| 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 |
Enercity Comparisons
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.
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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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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?
Who are enercity's investors?
enercity has 2 investors. Key investors include European Union, and BAFA.
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