About Greenely
Greenely is a company based in Stockholm (Sweden) founded in 2014 by Fredrik Hagblom and Tanmoy Bari.. Greenely has raised $15.77 million across 7 funding rounds from investors including SVB, European Union and Korys. Greenely offers products and services including Greenely App, Smart Elavtal, Realtidsmätare, and Smartladdning. Greenely operates in a competitive market with competitors including Danfoss, Landis+Gyr, Span.IO, Tibber and Dude Solutions, among others.
- Headquarter Stockholm, Sweden
- Founders Fredrik Hagblom, Tanmoy Bari
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Sectors
TechnologyBusiness Services Energy & Utilities Real Estate & Construction
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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 Greenely Ab
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$15.77 M (USD)
in 7 rounds
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Latest Funding Round
$8.68 M (USD), Series A
Jul 26, 2024
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Investors
SVB
& 8 more
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Employee Count
Employee Count
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Products & Services of Greenely
Greenely offers a comprehensive portfolio of products and services, including Greenely App, Smart Elavtal, Realtidsmätare, and Smartladdning. 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.
App for real-time electricity monitoring and cost optimization.
Hourly pricing plan to save on energy bills.
Free device for tracking household energy use.
Automated charging during low-price hours.
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Funding Insights of Greenely
Greenely has successfully raised a total of $15.77M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $8.68 million completed in July 2024. 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 7
- Last Round Series A — $8.7M
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First Round
First Round
(01 Aug 2016)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Series A - Greenely | Valuation |
investors |
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| Oct, 2023 | Amount | Seed - Greenely | Valuation |
investors |
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| Jun, 2022 | Amount | Seed - Greenely | Valuation |
investors |
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| 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 |
Investors in Greenely
Greenely has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include SVB, European Union and Korys. 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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Sustainable investing in conscious consumer, energy transition, and healthy living sectors.
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Founded Year | Domain | Location | |
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Luminar Ventures is recognized as a leading seed-stage venture capital fund in the Nordics.
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Founded Year | Domain | Location | |
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Early-stage centric VC firm investing primarily in the Nordics
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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 Greenely
| 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 - Greenely
| 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 |
Greenely Comparisons
Competitors of Greenely
Greenely 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 Danfoss, Landis+Gyr, Span.IO, Tibber and Dude Solutions, 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 |
Manufacturer of energy efficiency products
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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 |
Smart panels for home energy management are provided by Span.IO.
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| domain | founded_year | HQ Location |
Provider of solutions for energy monitoring for residential building
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| domain | founded_year | HQ Location |
SaaS CMMS software is offered for commercial spaces.
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| domain | founded_year | HQ Location |
Provider of data-driven energy management solutions
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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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Latest news on Greenely
Frequently Asked Questions about Greenely
When was Greenely founded?
Greenely was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Greenely located?
Greenely is headquartered in Stockholm, Sweden.
Who is the current CEO of Greenely?
Tanmoy Bari is the current CEO of Greenely. They have also founded this company.
Is Greenely a funded company?
Greenely is a funded company, having raised a total of $15.77M across 7 funding rounds to date. The company's 1st funding round was a Seed of $2.08M, raised on Aug 01, 2016.
What does Greenely do?
Greenely was founded in 2014 in Stockholm, Sweden, as a provider in the energy technology sector. A mobile application is offered for tracking household electricity use, with behavior analysis and optimization performed via smart algorithms. The portfolio encompasses smart electricity contracts, electric vehicle charging solutions, solar cell integration, and heat control systems, enabling control over consumption patterns.
Who are the top competitors of Greenely?
Greenely's top competitors include Landis+Gyr, Danfoss and Span.IO.
What products or services does Greenely offer?
Greenely offers Greenely App, Smart Elavtal, Realtidsmätare, and Smartladdning.
Who are Greenely's investors?
Greenely has 9 investors. Key investors include SVB, European Union, Korys, Green Group, and Luminar Ventures.