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.
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.
People of Greenely
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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 |
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| 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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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.
| 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 |
Investments & Acquisitions by Greenely
Financial Statements - Greenely
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.
| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Greenely
Greenely was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Greenely is headquartered in Stockholm, Sweden.
Tanmoy Bari is the current CEO of Greenely. They have also founded this 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.
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.
Greenely's top competitors include Landis+Gyr, Danfoss and Span.IO.
Greenely offers Greenely App, Smart Elavtal, Realtidsmätare, and Smartladdning.
Greenely has 9 investors. Key investors include SVB, European Union, Korys, Green Group, and Luminar Ventures.