Flexitricity

Edinburgh, United Kingdom Founded: 2004 • Age: 22 yrs Acquired By Quinbrook
Demand response services are provided to National Grid in Britain.

About Flexitricity

Flexitricity is a company based in Edinburgh (United Kingdom) founded in 2004 by Alastair Martin was acquired by Quinbrook in September 2020. Flexitricity offers products and services including Asset Optimisation, Demand Side Response, and Energy Trading. Flexitricity operates in a competitive market with competitors including Enel X, Particle, Signify, Landis+Gyr and Span.IO, among others.

  • Headquarter Edinburgh, United Kingdom
  • Founders Alastair Martin
  • Sectors
    Business Services
    Energy & Utilities Technology
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website flexitricity.com
  • Social LinkedIn X Facebook YouTube
  • Acquired by Quinbrook (Sep 2020)
  • Legal Name Flexitricity Limited
  • Date of Incorporation 11 Feb, 2004
  • Jurisdiction EDINBURGH, SCOTLAND
Key Metrics
  • Latest Funding Round
    $648.59K (USD), Grant

    Sep 2018

  • Investors
    Gov.uk

    & 2 more

  • Acquired by
    Quinbrook

    (Sep 2020)

Products & Services of Flexitricity

Flexitricity offers a comprehensive portfolio of products and services, including Asset Optimisation, Demand Side Response, and Energy Trading.

Asset Optimisation
Energy Services

Optimizes flexible energy assets for revenue maximization.

Demand Side Response
Energy Management

Manages energy demand to balance grid and generate income.

Energy Trading
Market Services

Facilitates trading of energy in various markets for clients.

Apps and channels of Flexitricity

its YouTube channel Flexitricity has 606 subscribers and 30 videos.

Flexitricity
YouTube 606 subscribers 30 videos Nonprofits & Activism
Open channel

Videos from Flexitricity

The most watched videos on Flexitricity's YouTube channel, Flexitricity (606 subscribers). Click a video to play it here.

Revenue Opportunities for Battery Storage - Update
7.5K views
Revenue opportunities for battery storage
5.1K views
Balancing Mechanism Wider Access - webinar
4.8K views
Successful partnership to optimise grid-scale battery storage revenue [case study]
2.7K views

More on Flexitricity.

Funding Insights of Flexitricity

  • Total Rounds 2
  • Last Round Grant β€” $648,593
  • Investors Count 2

All 2 funding rounds of Flexitricity with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2018$648,593Grant––
Jun 2005–Seed––
Valuation history

3 investors in total: 3 institutional.

Investors in Flexitricity

Flexitricity has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Gov.uk, Archangels and Quinbrook.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Investment and expertise are provided to early-stage Scottish companies.
–archangelsonline.comEdinburgh, Scotland
Quinbrook is engaged in energy transition infrastructure investment.
–quinbrook.comNew York, United States
Online government services and information are provided to users.
1707gov.ukLondon, United Kingdom
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Investor details for Flexitricity

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of Flexitricity

29 people are tracked at Flexitricity (12 in leadership, 17 in team).

NameRoleGroup
Alastair Martin
FounderLeadership
Andy Lowe
CEOLeadership
Steve Sinclair
Head Of DataLeadership
Neil O'Loughlin
Chief Technology OfficerLeadership
Sarah Bull
Head Of People (mcipd)Leadership
Lisa Perrin
Head Of Supply & Balancing ServicesLeadership
Simon Rhodes
Head Of Account ManagementLeadership
Andrew Langlands
Chief Commercial Officer (cco)Leadership
Craig Miles
Head Of TradingLeadership
Rebecca Fletcher
Head Of RiskLeadership
Andrew Fahey
Head Of DeliveryLeadership
Matthew Cooper
Head Of SalesLeadership
Swati Gupta
Senior AnalystTeam
Michael Corrigan
IT Systems AdministratorTeam
Laura Myers
Product Development LeadTeam
Ben Rutter
Lead Data EngineerTeam
Scott Jenkins
Data ScientistTeam
Gregor Hastings
IT Systems DeveloperTeam
Nicholas Cilia
IT System EngineerTeam
Delphine Mélotte
Balancing Services ManagerTeam

9 more people are available in the full profile.

Premium access

Complete people profiles for Flexitricity

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of Flexitricity

4 dated milestones of Flexitricity across 16 years, from founding to its latest funding, stage changes and deals.

  1. Founded Flexitricity is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Grant, of $649K.
  4. Exit Acquired by Quinbrook.

Competitors of Flexitricity

Flexitricity 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 Enel X, Particle, Signify, Landis+Gyr and Span.IO, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
enelx.com2001Boston, United States$168M513
Utility-scale renewable energy projects are developed by Enel X.
particle.io2011San Francisco, United States$134.87M109
IoT connectivity platform from prototype to production is developed.
signify.com1891Eindhoven, Netherlands––
Signify is recognized as a global leader in lighting solutions.
landisgyr.com1896Zug, Switzerland$1.03B996
End-to-end energy management solutions are provided for utilities worldwide.
span.io2014San Francisco, United States$255.56M–
Smart panels for home energy management are provided by Span.IO.
powersecure.com1991Wake Forest, United States–1,030
Energy efficiency and smart grid management solutions
osram.com1919Munich, Germany–13
Automotive lighting equipment is manufactured by Osram in Germany.
nanoleaf.me2012Toronto, Canada$2.9M94
Energy-efficient smart lightbulbs are developed by Nanoleaf.
resideo.com2018Wilmington, United States–293
Smart home products for security and energy efficiency are provided.
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Detailed competitors of Flexitricity

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Flexitricity

The website of Flexitricity (flexitricity.com) receives about 3.1K visits a month.

  • Monthly visits
    3.1K

    ▲ 15.7% vs previous month

Similar websites

Websites whose visitors overlap most with Flexitricity. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
kyos.com
100%
680.7K#1,125,814View details

Latest news on Flexitricity

Premium access

Complete news archive for Flexitricity

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to Flexitricity

10 companies that operate in the same segment as Flexitricity (Facility Management Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based software is provided for managing outdoor events and activities.
1999Dallas, Texas, United StatesUSD 313.84 M–2,458
Provider of smart thermostats for commercial and residential applications
2007Toronto, Ontario, CanadaUSD 151.52 M––
Envoy is recognized for providing workplace management solutions.
2013San Francisco, California, United StatesUSD 170.5 M––
IoT connectivity platform from prototype to production is developed.
2011San Francisco, California, United StatesUSD 134.87 M–109
Cloud-based video intercoms and physical security systems are provided.
2000Tysons, Virginia, United StatesUSD 137.36 MUSD 1.01 B2,009
Provider of interior design, product supply, and project management services for facilities
2011Mumbai, Maharashtra, IndiaUSD 21.3 MUSD 10.46 M292
End-to-end energy management solutions are provided for utilities worldwide.
1896Zug, Zug, SwitzerlandUSD 1.03 BUSD 1.17 B6,300
Corporate workplace and cafeteria digitization solutions are provided.
2014Bengaluru, Karnataka, IndiaUSD 2.24 MUSD 24.03 M594
Cloud and app-based facility management and service automation platform
1999New York, New York, United StatesUSD 56 M––
SaaS-based CAFM software is delivered for commercial facility management.
1995Leicester, England, United KingdomUSD 23.43 MUSD 98.38 M774
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Frequently Asked Questions about Flexitricity

Flexitricity was founded in 2004 and raised its 1st funding round 1 year after it was founded.

Flexitricity is headquartered in Edinburgh, United Kingdom. It is registered at Edinburgh, Scotland, United Kingdom.

Andy Lowe is the current CEO of Flexitricity.

Flexitricity was founded in 2004 and is based in Edinburgh, United Kingdom. Operations focus on the energy sector, where demand response services are delivered to National Grid across Britain. Key offerings include aggregated STOR and FCDM, Footroom for demand turn-up utilizing excess wind power, post-fault despatch for distribution networks, and demand-side smart frequency control. Industrial, commercial, and public-sector sites are engaged to adjust generation or consumption as needed.

Flexitricity's top competitors include Enel X, Particle and Landis+Gyr.

Flexitricity offers Asset Optimisation, Demand Side Response, and Energy Trading.

Flexitricity has 3 investors. Key investors include Gov.uk, Archangels, and Quinbrook.

Flexitricity operates through Flexitricity Limited.

Yes. Flexitricity was acquired by Quinbrook in September 2020.

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