Flick Electric

Wellington, New Zealand Founded: 2013 • Age: 13 yrs Acquired By Meridian Energy
Online electricity retailer

About Flick Electric

Flick Electric is an Energy & Utilities company based in Wellington (New Zealand) founded in 2013 by Richard Wills, and was acquired by Meridian Energy in May 2025. Online electricity retailer. Flick Electric has raised $14.8 million across 3 funding rounds from investors including Z Energy, Meridian Energy and Matt Todd. Flick Electric offers products and services including Flick App, Bill Smoother, Solar Buy-back, and Carbon Tracker. Its focus areas include Energy Tech, Smart Grid, Low Cost Utilities and Environment Tech. Its legal entity is FLICK ENERGY LIMITED.

Company details

Flick Electric was established in 2013 in Wellington, New Zealand, as an online retailer in the electricity sector. Power is delivered to residential and business users based on wholesale spot market rates. An accompanying app is utilized by customers to track consumption patterns and receive alerts as prices increase, supporting informed usage decisions across the country.

Key Metrics
  • Total Equity Funding
    $14.8M (USD)

    in 3 rounds

  • Latest Funding Round
    $5M (USD), Series B

    Jul 2016

  • Investors
    Z Energy

    & 3 more

  • Acquired by
    Meridian Energy

    & 1 more

    (May 2025)

Products & Services of Flick Electric

Flick Electric offers a comprehensive portfolio of products and services, including Flick App, Bill Smoother, Solar Buy-back, and Carbon Tracker.

Flick App
Energy Management

Mobile app for tracking electricity usage and managing accounts.

Bill Smoother
Billing Tool

Service to smooth out power bills and save for higher usage periods.

Solar Buy-back
Renewable Energy

Program for earning from solar energy through wholesale pricing.

Carbon Tracker
Sustainability Tool

App to monitor and reduce carbon impact from electricity use.

Funding Insights of Flick Electric

Flick Electric has successfully raised a total of $14.8M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $5 million completed in July 2016. 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 $14.8M
  • Total Rounds 3
  • Last Round Series B β€” $5M
  • First Round $4.8M

    (May 2015)

  • Investors Count 2

All 3 funding rounds of Flick Electric with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2016$5MSeries B––
–
Dec 2015$5MSeries B–Eastland
May 2015$4.8MSeries A––
–
Valuation history

4 investors in total: 3 institutional and 1 angel.

Investors in Flick Electric

Flick Electric has secured backing from 4 investors, including angel and institutional investors. Prominent investors backing the company include Z Energy, Meridian Energy and Matt Todd.

All
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
eastland.nz
Fuel retailing operations are conducted through New Zealand stations.
2011z.co.nzWellington, New Zealand

Matt Todd

unknown_b0d2d8e31f9f49c9a
Generator and retailer of renewable electricity
1998meridianenergy.co.nzChristchurch, New Zealand
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Investor details for Flick Electric

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People of Flick Electric

3 people are tracked at Flick Electric (3 in leadership).

NameRoleGroup
Richard Wills
Co-FounderLeadership
Craig Ironside
Head Of Customer ServicesLeadership
James Leslie
Chief Financial OfficerLeadership
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Timeline of Flick Electric

5 dated milestones of Flick Electric across 12 years, from founding to its latest funding, stage changes and deals.

  1. Founded Flick Electric is founded.
  2. Funding First funding round of $4.8M.
  3. Funding Latest funding round, Series B, of $5.0M.
  4. Exit Acquired by Z Energy.
  5. Exit Acquired by Meridian Energy.

Web traffic of Flick Electric

The website of Flick Electric (flickelectric.co.nz) receives about 2.6K visits a month.

  • Monthly visits
    2.6K

    ▲ 37% vs previous month

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
electrickiwi.co.nz
electrickiwi.co.nz
100%
#163,836–
frankenergy.co.nz
frankenergy.co.nz
99%
#716,389–
greypowerelectricity.co.nz
greypowerelectricity.co.nz
93%
#2,166,845–
octopusenergy.nz
octopusenergy.nz
91%
#695,900–
zeald.com
zeald.com
82%
#1,978,601–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 9 similar websites and full traffic analytics for Flick Electric

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  • Audience overlap
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Verified entity values are shown only after access is granted.

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Related news about Flick Electric

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Frequently Asked Questions about Flick Electric

Flick Electric was founded in 2013 and raised its 1st funding round 2 years after it was founded.

Flick Electric is headquartered in Wellington, New Zealand.

Flick Electric is a funded company, having raised a total of $14.8M across 3 funding rounds to date. The company's 1st funding round was a Series A of $4.8M, raised on May 2015.

Flick Electric was established in 2013 in Wellington, New Zealand, as an online retailer in the electricity sector. Power is delivered to residential and business users based on wholesale spot market rates. An accompanying app is utilized by customers to track consumption patterns and receive alerts as prices increase, supporting informed usage decisions across the country.

Flick Electric offers Flick App, Bill Smoother, Solar Buy-back, and Carbon Tracker.

Flick Electric has 4 investors. Key investors include Z Energy, Meridian Energy, Matt Todd, and Eastland.

Flick Electric operates through Flick Energy Limited.

Yes. Flick Electric was acquired by Meridian Energy in May 2025.

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