About GreenSync
GreenSync is a company based in Melbourne (Australia) founded in 2010 by Phil Blythe was acquired by Intellihub in April 2022.. GreenSync has raised $10 million across 1 funding round from investors including Intellihub and Australian Renewable Energy Agency. GreenSync offers products and services including deX. GreenSync operates in a competitive market with competitors including Landis+Gyr, Tantalus, Esyasoft, Kamstrup and Beacon Power Services, among others.
- Headquarter Melbourne, Australia
- Founders Phil Blythe
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10 M (USD)
in 1 rounds
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Latest Funding Round
$10 M (USD), Series A
Apr 05, 2019
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Investors
Intellihub
& 1 more
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Employee Count
Employee Count
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Acquired by
Intellihub
(Apr 26, 2022)
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Products & Services of GreenSync
GreenSync offers a comprehensive portfolio of products and services, including deX. 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.
Platform for managing distributed energy services efficiently.
Funding Insights of GreenSync
GreenSync has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series A round of $10 million completed in April 2019. 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 — $10.0M
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First Round
First Round
(05 Apr 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2019 | Amount | Series A - GreenSync | Valuation | Australian Renewable Energy Agency |
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| 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 GreenSync
GreenSync has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Intellihub and Australian Renewable Energy Agency. 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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Cleantech sector funding is provided via venture capital investments.
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Founded Year | Domain | Location | |
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LED lighting systems are manufactured by Intellihub in Australia.
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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 GreenSync
| 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 - GreenSync
| 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 |
Greensync Comparisons
Competitors of GreenSync
GreenSync 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 Landis+Gyr, Tantalus, Esyasoft, Kamstrup and Beacon Power Services, 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 |
End-to-end energy management solutions are provided for utilities worldwide.
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| domain | founded_year | HQ Location |
Smart grid communication solutions are provided for utilities by Tantalus.
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| domain | founded_year | HQ Location |
AI-powered solutions for energy grid modernization are provided.
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| domain | founded_year | HQ Location |
Energy and water metering systems are manufactured and marketed globally.
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| domain | founded_year | HQ Location |
Web-based building energy management software solutions are provided.
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| domain | founded_year | HQ Location |
Smart-grid solutions are provided for energy generation optimization.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Greensync
Frequently Asked Questions about GreenSync
When was GreenSync founded?
GreenSync was founded in 2010 and raised its 1st funding round 9 years after it was founded.
Where is GreenSync located?
GreenSync is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
Who is the current CEO of GreenSync?
Phil Blythe is the current CEO of GreenSync. They have also founded this company.
Is GreenSync a funded company?
GreenSync is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Series A of $10M, raised on Apr 05, 2019.
What does GreenSync do?
GreenSync provides an online platform for decentralised energy marketplace and forecasting power prices for distributed energy resources. The dex platform can forecast and auto-despatch load curtailment and demand-side resources in response to peak events in markets, networks, and large facilities. GreenSync helps businesses avoid those extra costs, by helping them manage their energy need and shifting the load to those peak times. For this, they have developed automation systems to reduce the load by switching on generators, switching off pumps. Works with major retailers, big business, and large facilities. GreenSync received the Victorian Government Inspiration Award, and the Startup Award under the Pioneer Domain section at the National iAwards.
Who are the top competitors of GreenSync?
GreenSync's top competitors include Landis+Gyr, Tantalus and Esyasoft.
What products or services does GreenSync offer?
GreenSync offers deX.
Who are GreenSync's investors?
GreenSync has 2 investors. Key investors include Intellihub, and Australian Renewable Energy Agency.