About Hometree
Hometree is a company based in London (United Kingdom) founded in 2016 by Simon Phelan. Hometree has raised $267.65 million across 12 funding rounds from investors including Barclays, SVB and BlackRock. The company has 59 employees as of March 31, 2022. Hometree has completed 3 acquisitions, including BeWarm, IMS Heat Pumps and TLGEC. Hometree offers products and services including Boiler Cover, Home Emergency Cover, New Boiler Installations, and Green Installs. Hometree operates in a competitive market with competitors including OVO Energy, Urban Jungle, Furbnow, Ondo and Heatio, among others.
- Headquarter London, United Kingdom
- Employees 59 as on 31 Mar, 2022
- Founders Simon Phelan
- Stage Minicorn
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Sectors
Energy & UtilitiesFinancial Services
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Hometree Marketplace Limited
- Date of Incorporation 03 Oct, 2015
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$267.65 M (USD)
in 12 rounds
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Latest Funding Round
$65.09 M (USD), Debt – Conventional
Oct 17, 2024
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Investors
Barclays
& 36 more
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Employee Count
59
as on Mar 31, 2022
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Investments & Acquisitions
BeWarm
& 2 more
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Products & Services of Hometree
Hometree offers a comprehensive portfolio of products and services, including Boiler Cover, Home Emergency Cover, New Boiler Installations, and Green Installs.
Offers repair and maintenance for gas boilers with unlimited claims.
Provides fixes for plumbing, electrics, and home security issues.
Handles installation of energy-efficient boilers with financing options.
Includes heat pumps and solar panels for sustainable home upgrades.
People of Hometree
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Funding Insights of Hometree
Hometree has successfully raised a total of $267.65M across 12 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $65.09 million completed in October 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.
Investors in Hometree
Hometree has secured backing from 37 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Barclays, SVB and BlackRock.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital is provided for urban tech sustainability solutions.
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Venture capital fund focused on growth-stage startups
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Venture capital firm backed by CEZ Group
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Investor details for Hometree
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Investments & Acquisitions by Hometree
Hometree has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include BeWarm, IMS Heat Pumps and TLGEC.
Investment portfolio details for Hometree
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Kitchen appliances are manufactured by BeWarm in the UK.
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Solar-powered products are manufactured for energy applications.
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Locked | Locked | 2010 | Locked | |
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IMS Heat Pumps is recognized as a specialist in renewable energy installations.
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Locked | Locked | 1997 | Locked |
Complete acquisition details for Hometree
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Financial Statements - Hometree
Detailed financials for Hometree
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Hometree Comparisons
Peer comparison for Hometree
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Competitors of Hometree
Hometree 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 OVO Energy, Urban Jungle, Furbnow, Ondo and Heatio, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Renewable energy is supplied via app-based platform by OVO Energy.
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Online home contents insurance platform for renting and sharing individuals
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Home energy efficiency upgrades are planned and managed end-to-end.
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Ondo is focused on claim prevention technology for insurers.
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Renewable energy management and monitoring system
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Detailed competitors of Hometree
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Latest news on Hometree
Complete news archive for Hometree
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Frequently Asked Questions about Hometree
Hometree was founded in 2016.
Hometree is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Simon Phelan is the current CEO of Hometree. They have also founded this company.
Hometree is a funded company, having raised a total of $267.65M across 12 funding rounds to date.
As of Mar 31, 2022, the latest employee count at Hometree is 59.
Founded in 2016 and based in London, United Kingdom, Hometree operates as a provider of an online platform focused on home insurance. Coverage is extended to landlords, multi-property owners, gas fire protection, boilers, central heating, fuel, and controls. Claims handling and emergency services are also managed. Assistance is given to homeowners for adopting low-carbon technologies, including the installation and financing of heat pumps, solar panels, and batteries.
Hometree's top competitors include OVO Energy, Urban Jungle and Ondo.
Hometree offers Boiler Cover, Home Emergency Cover, New Boiler Installations, and Green Installs.
Hometree has made 3 acquisitions, including BeWarm, IMS Heat Pumps, and TLGEC.
Hometree has 37 investors. Key investors include Barclays, SVB, BlackRock, eve sleep, and CPP Investments.
The valuation of Hometree is $43.48M as of Mar 2022.