Evolve Analytics

Borehamwood, United Kingdom Founded: 1998 • Age: 28 yrs Acquired By Gentrack
Provider of software solutions for retail energy data analytics
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About Evolve Analytics

Evolve Analytics is a company based in Borehamwood (United Kingdom) founded in 1998 was acquired by Gentrack in June 2018.. The company has 248 employees as of January 31, 2021. Evolve Analytics operates in a competitive market with competitors including Landis+Gyr, Tantalus, Amberflo, British Gas and Arcadia, among others.

  • Headquarter Borehamwood, United Kingdom
  • Employees 248 as on 31 Jan, 2021
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Gentrack Uk Limited
  • Date of Incorporation 26 Sep, 2012
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Energy & Utilities → Energy Storage & Efficiency
Energy & Utilities → Power Generation & Infrastructure
Key Metrics
  • Annual Revenue
    $35.69 M (USD)
    4
    as on Sep 30, 2020
  • Net Profit
    $317.94 K (USD)
    1
    as on Sep 30, 2020
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    248

    as on Jan 31, 2021

  • Acquired by
    Gentrack

    (Jun 21, 2018)

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Funding Insights of Evolve Analytics

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 Evolve Analytics

Evolve Analytics has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Gentrack. 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
Smart billing and customer management solutions for energy, water and airport utilities
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 Evolve Analytics

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

Financial Statements - Evolve Analytics

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

Evolve Analytics Comparisons

Employees
+
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Competitors of Evolve Analytics

Evolve Analytics 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 Landis+Gyr, Tantalus, Amberflo, British Gas and Arcadia, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
End-to-end energy management solutions are provided for utilities worldwide.
domain founded_year HQ Location
Smart grid communication solutions are provided for utilities by Tantalus.
domain founded_year HQ Location
Cloud-based invoicing and billing solution for businesses
domain founded_year HQ Location
Provider of natural gas exploration and processing sevices
domain founded_year HQ Location
Arcadia is focused on providing clean energy solutions through data platforms.
domain founded_year HQ Location
Energy efficiency and smart grid management solutions
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 Evolve Analytics

Frequently Asked Questions about Evolve Analytics

When was Evolve Analytics founded?

Evolve Analytics was founded in 1998.

Where is Evolve Analytics located?

Evolve Analytics is headquartered in Borehamwood, United Kingdom. It is registered at Borehamwood, Hertfordshire, United Kingdom.

Who is the current CEO of Evolve Analytics?

Alan Duggan is the current CEO of Evolve Analytics.

How many employees does Evolve Analytics have?

As of Jan 31, 2021, the latest employee count at Evolve Analytics is 248.

What is the annual revenue of Evolve Analytics?

Annual revenue of Evolve Analytics is $35.69M as on Sep 30, 2020.

What does Evolve Analytics do?

Evolve Analytics was founded in 1998 and is based in Borehamwood, United Kingdom. Software solutions in the retail energy sector are developed to identify and correct errors in billing and settlements, while ensuring data accuracy. The DeltaQuest platform is utilized to manage both gas and electricity billing processes for energy providers. Operations focus on analytics tools that support efficient data handling in the utilities industry.

Who are the top competitors of Evolve Analytics?

Evolve Analytics's top competitors include Landis+Gyr, Arcadia and PowerSecure.

Who are Evolve Analytics's investors?

Evolve Analytics has 1 investor. Key investors include Gentrack.

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