About Frequenz
Frequenz is a company based in Berlin (Germany) founded in 2019 by Tom N and Lars Kirchhoff. It operates as a Green Energy-as-a-Service, and SaaS (Software-as-a-Service). Frequenz has raised $12.89 million across 1 funding round from investors including SET Ventures, 468 Capital and Alexander Rittweger. Frequenz offers products and services including Advanced Peak Shaving, Solar-Plus Storage, and Storage-as-a-Service. Frequenz operates in a competitive market with competitors including CleanSpark, Xendee, QPV, Go Electric and Brightmerge, among others.
- Headquarter Berlin, Germany
- Founders Tom N, Lars Kirchhoff
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Sectors
Energy & Utilities
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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 Frequenz Energy-As-A-Service Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.89 M (USD)
in 1 rounds
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Latest Funding Round
$12.89 M (USD), Series A
Oct 06, 2022
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Investors
SET Ventures
& 2 more
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Employee Count
Employee Count
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Products & Services of Frequenz
Frequenz offers a comprehensive portfolio of products and services, including Advanced Peak Shaving, Solar-Plus Storage, and Storage-as-a-Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Power demand peaks are smoothed out intelligently here.
PV self-consumption is enhanced with asset protection included.
Surplus energy storage is offered for optimized usage.
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Funding Insights of Frequenz
Frequenz has successfully raised a total of $12.89M through 1 strategic funding round. The most recent funding activity was a Series A round of $12.89 million completed in October 2022. 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 — $12.9M
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First Round
First Round
(06 Oct 2022)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Series A - Frequenz | 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 Frequenz
Frequenz has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include SET Ventures, 468 Capital and Alexander Rittweger. 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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Investments are directed toward early-stage energy system companies.
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Founded Year | Domain | Location | |
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Venture capital funding is provided to early-stage startups from Berlin.
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Founded Year | Domain | Location | |
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AR
Alexander Rittweger |
Founder of Paytm Payments Bank, active angel investor in Indian startups
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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
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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 Frequenz
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Frequenz
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Frequenz Comparisons
Competitors of Frequenz
Frequenz 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 CleanSpark, Xendee, QPV, Go Electric and Brightmerge, 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 |
Microgrid optimizer software solutions are provided for energy management.
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| domain | founded_year | HQ Location |
Smart grid project design software is provided for engineers.
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| domain | founded_year | HQ Location |
Solar energy consultancy and engineering services are provided.
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| domain | founded_year | HQ Location |
Microgrid management systems and uninterruptible power solutions are developed.
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| domain | founded_year | HQ Location |
Offering a SaaS platform for economic optimizing of renewable energy microgrids
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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.
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Frequently Asked Questions about Frequenz
When was Frequenz founded?
Frequenz was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is Frequenz located?
Frequenz is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Is Frequenz a funded company?
Frequenz is a funded company, having raised a total of $12.89M across 1 funding round to date. The company's 1st funding round was a Series A of $12.89M, raised on Oct 06, 2022.
What does Frequenz do?
Frequenz is engaged in providing innovative solutions for managing decentralized energy resources (DERs) such as solar, wind, hydro, battery storage, and EV chargers. The company operates in the renewable energy sector, offering tools for enterprise developers to orchestrate microgrids efficiently. Advanced technologies like machine learning are utilized to harmonize local energy assets with external markets in real-time. Solutions including peak shaving, solar-plus storage, and storage-as-a-service are provided to enhance energy efficiency, reduce grid fees, and support power trading for grid stability.
Who are the top competitors of Frequenz?
Frequenz's top competitors include CleanSpark, Xendee and HOMER Energy.
What products or services does Frequenz offer?
Frequenz offers Advanced Peak Shaving, Solar-Plus Storage, and Storage-as-a-Service.
Who are Frequenz's investors?
Frequenz has 3 investors. Key investors include SET Ventures, 468 Capital, and Alexander Rittweger.