About Energyly
Energyly is a company based in Chennai (India) founded in 2014 by Dayal Nathan and Dilip Rajendran. Energyly has raised $268.58 thousand across 4 funding rounds from investors including Radha Soami Resources, Bhoovarahan T N and Bhookanch Business Services. Energyly offers products and services including Energy Monitoring Device and Dashboard. Energyly operates in a competitive market with competitors including ecobee, Particle, Signify, Landis+Gyr and PowerSecure, among others.
- Headquarter Chennai, India
- Founders Dayal Nathan, Dilip Rajendran
- Stage Minicorn
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Sectors
Business ServicesEnergy & Utilities Technology
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Email
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Phone
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Website
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Social
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- Legal Name Vidabest Energy Private Limited
- Date of Incorporation 16 May, 2012
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$25.26 K (USD)-35.41as on Mar 31, 2021
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Net Profit
-$36.43 K (USD)56.82as on Mar 31, 2021
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EBITDA
-$35.01 K (USD)56.76as on Mar 31, 2021
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Total Equity Funding
$268.58 K (USD)
in 4 rounds
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Latest Funding Round
$127.01 K (USD), Seed
Sep 27, 2019
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Investors
Radha Soami Resources
& 15 more
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Employee Count
Employee Count
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Products & Services of Energyly
Energyly offers a comprehensive portfolio of products and services, including Energy Monitoring Device and Dashboard.
Hardware for real-time energy consumption tracking.
Web and mobile app for energy data visualization.
Funding Insights of Energyly
Energyly has successfully raised a total of $268.58K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $127.01 thousand completed in September 2019. 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 4
- Last Round Seed — $127,005
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First Round
First Round
(18 Mar 2015)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Seed - Energyly | Valuation | Bhookanch Business Services | |
| Aug, 2018 | Amount | Angel Round - Energyly | Valuation | Subramaniam Iyer | |
| May, 2016 | Amount | Angel Round - Energyly | Valuation | Masaki Mizuta |
Investors in Energyly
Energyly has secured backing from 16 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Radha Soami Resources, Bhoovarahan T N and Bhookanch Business Services.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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Construction management services are provided from Chennai, India.
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Founded Year | Domain | Location | |
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Operates as a non-banking financial company offering loan services.
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Founded Year | Domain | Location |
Investments & Acquisitions by Energyly
Financial Statements - Energyly
Energyly Comparisons
Competitors of Energyly
Energyly 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 ecobee, Particle, Signify, Landis+Gyr and PowerSecure, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of smart thermostats for commercial and residential applications
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| domain | founded_year | HQ Location |
IoT connectivity platform from prototype to production is developed.
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| domain | founded_year | HQ Location |
Signify is recognized as a global leader in lighting solutions.
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| domain | founded_year | HQ Location |
End-to-end energy management solutions are provided for utilities worldwide.
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| domain | founded_year | HQ Location |
Energy efficiency and smart grid management solutions
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| domain | founded_year | HQ Location |
Smart panels for home energy management are provided by Span.IO.
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Latest news on Energyly
Frequently Asked Questions about Energyly
Energyly was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Energyly is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Dayal Nathan is the current CEO of Energyly. They have also founded this company.
Energyly is a funded company, having raised a total of $268.58K across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $17.52K, raised on Mar 18, 2015.
Annual revenue of Energyly is $25.26K as on Mar 31, 2021.
Energyly was founded in 2014 in Chennai, India, within the energy management sector. Cloud-based software and IoT hardware devices are offered for commercial applications, enabling energy purchasing, utility bill management, consumption optimization, and peak demand control. A mobile app is available for Android and iOS devices to support these operations in various commercial settings.
Energyly's top competitors include ecobee, Particle and Landis+Gyr.
Energyly offers Energy Monitoring Device and Dashboard.
Energyly has 16 investors. Key investors include Radha Soami Resources, Bhoovarahan T N, Bhookanch Business Services, Subramaniam Iyer, and Chandravir Saran Das.
The valuation of Energyly is $1.54M as of Sep 2019.