About Energy Locals
Energy Locals is a company based in Melbourne (Australia) founded in 2016 was acquired by Palisade Investment Partners in November 2024.. Energy Locals has raised $2 million across 1 funding round from investors including Cape Byron Power and Palisade Investment Partners.
- Headquarter Melbourne, Australia
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2 M (USD)
in 1 rounds
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Latest Funding Round
$2 M (USD), Series A
Sep 26, 2018
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Investors
Cape Byron Power
& 1 more
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Employee Count
Employee Count
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Acquired by
Palisade Investment Partners
(Nov 11, 2024)
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Funding Insights of Energy Locals
Energy Locals has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Series A round of $2 million completed in September 2018. 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 1
- Last Round Series A — $2.0M
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First Round
First Round
(26 Sep 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2018 | Amount | Series A - Energy Locals | 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 Energy Locals
Energy Locals has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Cape Byron Power and Palisade Investment Partners. 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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Biomass power producer
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Founded Year | Domain | Location | |
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Manages mid-market infrastructure investments sustainably for institutional investors worldwide.
|
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
|
Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
|
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 Energy Locals
| 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.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Energy Locals
| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Energy Locals Comparisons
Competitors of Energy Locals
| 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.
|
Frequently Asked Questions about Energy Locals
When was Energy Locals founded?
Energy Locals was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Energy Locals located?
Energy Locals is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
Is Energy Locals a funded company?
Energy Locals is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Series A of $2M, raised on Sep 26, 2018.
What does Energy Locals do?
Energy Locals was established in 2016 in Melbourne, Australia, operating in the energy sector. Energy storage and generation units are installed in communities to support reduced grid dependency. A digital platform is supplied for customer integration, while fixed pricing structures are applied to electricity services, enabling greater energy autonomy across residential and communal settings.
Who are Energy Locals's investors?
Energy Locals has 2 investors. Key investors include Cape Byron Power, and Palisade Investment Partners.