About Hess
Hess is a company based in Villingen-schwenningen (Germany) founded in 1948 by Will Hess was acquired by Ragni in December 2023. It operates as a Direct-to-Consumer (D2C), and Professional Services. Hess offers products and services including Outdoor Lighting, Urban Furniture, and Solar Lighting. Hess operates in a competitive market with competitors including Particle, ecobee, Landis+Gyr, Nanoleaf and Span.IO, among others.
- Headquarter Villingen-schwenningen, Germany
- Founders Will Hess
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Sectors
Business ServicesEnergy & Utilities Technology
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Email
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Phone
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Website
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Social
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Products & Services of Hess
Hess offers a comprehensive portfolio of products and services, including Outdoor Lighting, Urban Furniture, and Solar Lighting. 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.
Outdoor lighting solutions are provided for urban spaces.
Urban furniture is designed for public space enhancement.
Solar lighting solutions are offered for eco-friendly illumination.
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Funding Insights of Hess
| 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 Hess
Hess has secured backing from 1 investor. Prominent investors backing the company include Ragni. 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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Public lighting and equipment are manufactured for outdoor use.
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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 Hess
| 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 - Hess
| 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 |
Hess Comparisons
Competitors of Hess
Hess 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, Landis+Gyr, Nanoleaf and Span.IO, 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 |
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| domain | founded_year | HQ Location |
IoT connectivity platform from prototype to production is developed.
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Provider of smart thermostats for commercial and residential applications
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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 |
Energy-efficient smart lightbulbs are developed by Nanoleaf.
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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 |
Signify is recognized as a global leader in lighting solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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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 Hess
When was Hess founded?
Hess was founded in 1948.
Where is Hess located?
Hess is headquartered in Villingen-schwenningen, Germany. It is registered at Villingen-schwenningen, Baden-wurttemberg, Germany.
Who is the current CEO of Hess?
Jean Christophe Ragni is the current CEO of Hess.
What does Hess do?
Hess is established as a prominent manufacturer of designed outdoor lighting and high-quality urban furniture. Solutions are provided for city and public space design, integrating lighting and furniture to create holistic concepts. These concepts are developed to harmonize with people, landscapes, and architecture. The company is involved in numerous national and international projects, offering both standard and customized solutions. Innovations in smart city applications, such as smart lighting and multifunctional urban elements, are also emphasized in their portfolio.
Who are the top competitors of Hess?
Hess's top competitors include ecobee, Particle and Landis+Gyr.
What products or services does Hess offer?
Hess offers Outdoor Lighting, Urban Furniture, and Solar Lighting.
Who are Hess's investors?
Hess has 1 investor. Key investors include Ragni.