Hark

Leeds, United Kingdom Founded: 2016 • Age: 10 yrs Acquired By SolarEdge
Environmental monitoring hardware and software are developed by Hark Systems.
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About Hark

Hark is a company based in Leeds (United Kingdom) founded in 2016 by Andrew Hathaway, Julian Kay, and Jordan Appleson was acquired by SolarEdge in January 2023. It operates as a SaaS (Software-as-a-Service). The company has 23 employees as of March 31, 2022. Hark offers products and services including Fleet Performance Monitoring, EMS and Site Optimization, Remote Monitoring & Operations, and Load Insights. Hark operates in a competitive market with competitors including Particle, ecobee, Signify, Landis+Gyr and Nanoleaf, among others.

  • Headquarter Leeds, United Kingdom
  • Employees 23 as on 31 Mar, 2022
  • Founders Andrew Hathaway, Julian Kay, Jordan Appleson
  • Sectors
    Business Services
    Energy & Utilities Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Hark Systems Ltd.
Operational Areas
Business Services → Facility, Security & Field Operations
Energy & Utilities → Energy Storage & Efficiency
Technology → Internet of Things (IoT) & Connectivity
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    23

    as on Mar 31, 2022

  • Acquired by
    SolarEdge

    (Jan 03, 2023)

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Products & Services of Hark

Hark offers a comprehensive portfolio of products and services, including Fleet Performance Monitoring, EMS and Site Optimization, Remote Monitoring & Operations, and Load Insights. 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.

Primary

Solar performance is optimized through fleet-wide PV monitoring.

On-site energy control is enabled by integrating DERs.

Operational insights are unlocked from energy asset data.

Site load is monitored through connected energy meters.

Funding Insights of Hark

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Hark

Hark has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include SolarEdge. 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.

All
Institutional
Investor Description Founded Year Domain Location
Manufacturer of smart solar inverters
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Hark

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Hark

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Hark Comparisons

Employees
+
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Competitors of Hark

Hark 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 Particle, ecobee, Signify, Landis+Gyr and Nanoleaf, 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
IoT connectivity platform from prototype to production is developed.
domain founded_year HQ Location
Provider of smart thermostats for commercial and residential applications
domain founded_year HQ Location
Signify is recognized as a global leader in lighting solutions.
domain founded_year HQ Location
End-to-end energy management solutions are provided for utilities worldwide.
domain founded_year HQ Location
Energy-efficient smart lightbulbs are developed by Nanoleaf.
domain founded_year HQ Location
Smart panels for home energy management are provided by Span.IO.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Hark

Frequently Asked Questions about Hark

When was Hark founded?

Hark was founded in 2016.

Where is Hark located?

Hark is headquartered in Leeds, United Kingdom. It is registered at Leeds, England, United Kingdom.

Who is the current CEO of Hark?

Jordan Appleson is the current CEO of Hark. They have also founded this company.

How many employees does Hark have?

As of Mar 31, 2022, the latest employee count at Hark is 23.

What does Hark do?

Energy management solutions are offered by Hark for commercial and industrial buildings. Software platforms are developed to connect, analyze, and optimize solar, energy, and industrial assets in real-time. Sectors served include retail, smart buildings, and renewable energy. Key solutions encompass solar PV monitoring, energy storage system integration, microgrid control, peak shaving, and G100 export limitation compliance. Operational efficiency is enhanced through fleet performance monitoring and load insights for energy managers and asset operators.

Who are the top competitors of Hark?

Hark's top competitors include ecobee, Particle and Landis+Gyr.

What products or services does Hark offer?

Hark offers Fleet Performance Monitoring, EMS and Site Optimization, Remote Monitoring & Operations, and Load Insights.

Who are Hark's investors?

Hark has 1 investor. Key investors include SolarEdge.

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