About LO3 Energy
LO3 Energy is a company based in Portland (United States) founded in 2015.. LO3 Energy has raised $16.76 million across 6 funding rounds from investors including Shell, Sumitomo Corporation and Siemens. LO3 Energy operates in a competitive market with competitors including Drift, Skystream Markets, Exnaton, Enermetrix and Bovlabs, among others.
- Headquarter Portland, United States
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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
$16.76 M (USD)
in 6 rounds
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Latest Funding Round
$11 M (USD), Series B
Mar 11, 2021
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Investors
Shell
& 6 more
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Employee Count
Employee Count
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Funding Insights of LO3 Energy
LO3 Energy has successfully raised a total of $16.76M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $11 million completed in March 2021. 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 6
- Last Round Series B — $11.0M
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First Round
First Round
(12 Apr 2017)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Series B - LO3 Energy | Valuation | Shell | |
| Jul, 2019 | Amount | Series A - LO3 Energy | Valuation | Sumitomo , Shell Ventures |
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| Apr, 2019 | Amount | Series A - LO3 Energy | Valuation |
investors |
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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 LO3 Energy
LO3 Energy has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Shell, Sumitomo Corporation and Siemens. 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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Investments are made in US expansion-stage energy and tech companies.
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Founded Year | Domain | Location | |
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Venture capital firm backed by Shell
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Founded Year | Domain | Location | |
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Shell is recognized as a global energy and petrochemical company.
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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 LO3 Energy
| 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 - LO3 Energy
| 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 |
Lo3 Energy Comparisons
Competitors of LO3 Energy
LO3 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 Drift, Skystream Markets, Exnaton, Enermetrix and Bovlabs, 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 |
Solutions for energy trading and tracking are provided by Drift.
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| domain | founded_year | HQ Location |
Online energy commodity exchange solutions are provided to market participants.
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| domain | founded_year | HQ Location |
AI SaaS platform for energy providers managing dynamic tariffs and EV charging.
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| domain | founded_year | HQ Location |
Energy software is developed and retail energy exchange is operated.
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| domain | founded_year | HQ Location |
Offers peer-to-peer exchange of renewable power
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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 Lo3 Energy
Frequently Asked Questions about LO3 Energy
When was LO3 Energy founded?
LO3 Energy was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is LO3 Energy located?
LO3 Energy is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.
Is LO3 Energy a funded company?
LO3 Energy is a funded company, having raised a total of $16.76M across 6 funding rounds to date.
What does LO3 Energy do?
LO3 Energy was founded in 2015 and is based in Portland, United States. Operations focus on the energy sector, where blockchain technology is utilized to enable secure transactions across microgrids. The TransActive Grid platform is offered, allowing automatic matching of electricity-generating households with consumers through smart contracts, minimizing human intervention in sales processes.
Who are the top competitors of LO3 Energy?
LO3 Energy's top competitors include Drift, Jasmine and Skystream Markets.
Who are LO3 Energy's investors?
LO3 Energy has 7 investors. Key investors include Shell, Sumitomo Corporation, Siemens, Centrica, and Shikoku Electric Power.