Igloo Energy

Southampton, United Kingdom Founded: 2016 • Age: 10 yrs Acquired By Good Energy
Energy monitoring solutions are provided for gas and electricity utilities.
Annual revenue - Latest available
Total funding $12.4M 5 rounds
Employees 68 Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Igloo Energy

Igloo Energy is a company based in Southampton (United Kingdom) founded in 2016 was acquired by Good Energy in December 2022. Igloo Energy has raised $12.36 million across 5 funding rounds from investors including Gov.uk, Good Energy and Osaka Gas UK. The company has 68 employees as of March 31, 2020. Igloo Energy operates in a competitive market with competitors including ecobee, MRI Software, Savant Systems, Span.IO and Tibber, among others.

  • Headquarter Southampton, United Kingdom
  • Employees 68 as on 31 Mar, 2020
  • Stage Minicorn
  • Sectors
    Business Services
    Energy & Utilities
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Igloo Energy Supply Limited
  • Date of Incorporation 07 Oct, 2015
  • Jurisdiction BRIGHTON
Operational Areas
Business Services → Facility, Security & Field Operations Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $12.36 M (USD)

    in 5 rounds

  • Latest Funding Round
    $4.8 M (USD), Series A

    Jun 12, 2020

  • Investors
    Gov.uk

    & 2 more

  • Employee Count
    68

    as on Mar 31, 2020

  • Acquired by
    Good Energy

    (Dec 02, 2022)

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People of Igloo Energy

Headcount 10-50
Employee Profiles 8
Employee Profiles
People
Chloe Louise White
Customer Care Associate
People
Lisa Allon
Customer Service Team Leader
People
Toby Shepherd
Graduate Energy Associate
People
Alex Willis
Survey And Design Manager

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Funding Insights of Igloo Energy

Igloo Energy has successfully raised a total of $12.36M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $4.8 million completed in June 2020. 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 Igloo Energy

Igloo Energy has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Gov.uk, Good Energy and Osaka Gas UK.

All
Institutional
Investor Description Founded Year Domain Location
A private equity firm specializing in investments in the energy and natural gas sectors.
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Online government services and information are provided to users.
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Renewable energy and home solutions are supplied to UK customers.
Locked Locked Locked
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Investor details for Igloo Energy

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Investments & Acquisitions by Igloo Energy

Investments
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Investment portfolio details for Igloo Energy

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Financial Statements - Igloo Energy

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Detailed financials for Igloo Energy

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Igloo Energy Comparisons

Igloo Energy Primary company
Description
Energy monitoring solutions are provided for gas and electri...
Location
Southampton, United Kingdom
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
68
As of 2020
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Peer comparison for Igloo Energy

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Competitors of Igloo Energy

Igloo Energy 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 ecobee, MRI Software, Savant Systems, Span.IO and Tibber, among others.

Company Name Domain Founded year HQ Location Description
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Provider of smart thermostats for commercial and residential applications
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Property management software is provided for residential and commercial properties.
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Connected devices are managed via an app and hub system.
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Smart panels for home energy management are provided by Span.IO.
Locked Locked Locked
Provider of solutions for energy monitoring for residential building
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Smart home products for security and energy efficiency are provided.
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Detailed competitors of Igloo Energy

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Latest news on Igloo Energy

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Complete news archive for Igloo Energy

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Frequently Asked Questions about Igloo Energy

Igloo Energy was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Igloo Energy is headquartered in Southampton, United Kingdom.

Igloo Energy is a funded company, having raised a total of $12.36M across 5 funding rounds to date.

As of Mar 31, 2020, the latest employee count at Igloo Energy is 68.

Igloo Energy was founded in 2016 in Southampton, United Kingdom, within the energy sector. Operations focus on monitoring solutions for gas and electricity utilities through smart metering devices. Competitive tariffs are offered alongside energy consumption data analysis and supplementary smart products. An app for Android and iOS devices supports user access to these services.

Igloo Energy's top competitors include ecobee, tado° and Span.IO.

Igloo Energy has 3 investors. Key investors include Gov.uk, Good Energy, and Osaka Gas UK.

The valuation of Igloo Energy is $63.3M as of Jun 2020.

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