About Love Energy Savings
Love Energy Savings is a company based in Bolton (United Kingdom) founded in 2007 by Phil Foster.. Love Energy Savings has raised $39.23 million across 2 funding rounds from investors including LDC and NVM Private Equity. The company has 283 employees as of January 31, 2022. Love Energy Savings has completed 1 acquisition, including Energyhelpline. Love Energy Savings offers products and services including Energy Comparison Tool, Broadband Comparison Service, and Water Comparison Service. Love Energy Savings operates in a competitive market with competitors including Particle, ecobee, Signify, Landis+Gyr and Span.IO, among others.
- Headquarter Bolton, United Kingdom
- Employees 283 as on 31 Jan, 2022
- Founders Phil Foster
-
Sectors
Business ServicesEnergy & Utilities
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Love Energy Savings.Com Limited
- Date of Incorporation 24 Jul, 2007
- Jurisdiction BOLTON, ENGLAND
-
Annual Revenue
$37.37 M (USD)-2as on Dec 31, 2020
-
Net Profit
$3.34 M (USD)-6as on Dec 31, 2020
-
EBITDA
-
Total Equity Funding
$39.23 M (USD)
in 2 rounds
-
Latest Funding Round
$32.29 M (USD), Series B
Sep 10, 2018
-
Investors
LDC
& 1 more
-
Employee Count
283
as on Jan 31, 2022
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Love Energy Savings
Love Energy Savings offers a comprehensive portfolio of products and services, including Energy Comparison Tool, Broadband Comparison Service, and Water Comparison Service. 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.
Online platform for comparing and switching business energy deals.
Tool for evaluating and selecting business broadband options.
Platform to compare and switch business water suppliers.
Unlock access to complete
Unlock access to complete
Funding Insights of Love Energy Savings
Love Energy Savings has successfully raised a total of $39.23M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $32.29 million completed in September 2018. 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 2
- Last Round Series B — $32.3M
-
First Round
First Round
(14 Sep 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2018 | Amount | Series B - Love Energy Savings | Valuation |
investors |
|
| Sep, 2015 | Amount | Series A - Love Energy Savings | Valuation |
investors |
| 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 Love Energy Savings
Love Energy Savings has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include LDC and NVM Private Equity. 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 |
|---|---|---|---|---|
|
Private equity investments are focused on multiple sectors for growth.
|
Founded Year | Domain | Location | |
|
Private equity investments are managed across the UK.
|
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 Love Energy Savings
Love Energy Savings has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Energyhelpline. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Utility tariff comparison platform
|
2002 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Love Energy Savings
| 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 |
Love Energy Savings Comparisons
Competitors of Love Energy Savings
Love Energy Savings 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 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 |
|---|---|---|---|---|
| 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 |
Smart panels for home energy management are provided by Span.IO.
|
|
| domain | founded_year | HQ Location |
Energy-efficient smart lightbulbs are developed by Nanoleaf.
|
| 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 Love Energy Savings
Frequently Asked Questions about Love Energy Savings
When was Love Energy Savings founded?
Love Energy Savings was founded in 2007 and raised its 1st funding round 8 years after it was founded.
Where is Love Energy Savings located?
Love Energy Savings is headquartered in Bolton, United Kingdom. It is registered at Bolton, Greater Manchester, United Kingdom.
Who is the current CEO of Love Energy Savings?
Phil Foster is the current CEO of Love Energy Savings. They have also founded this company.
Is Love Energy Savings a funded company?
Love Energy Savings is a funded company, having raised a total of $39.23M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6.94M, raised on Sep 14, 2015.
How many employees does Love Energy Savings have?
As of Jan 31, 2022, the latest employee count at Love Energy Savings is 283.
What is the annual revenue of Love Energy Savings?
Annual revenue of Love Energy Savings is $37.37M as on Dec 31, 2020.
What does Love Energy Savings do?
Love Energy Savings was founded in 2007 in Bolton, United Kingdom. An online platform is operated in the energy sector, where utilities from various suppliers can be compared by users. The switching process is tracked digitally through the service. Operations focus on facilitating energy provider transitions for consumers in the UK market.
Who are the top competitors of Love Energy Savings?
Love Energy Savings's top competitors include ecobee, Particle and Landis+Gyr.
What products or services does Love Energy Savings offer?
Love Energy Savings offers Energy Comparison Tool, Broadband Comparison Service, and Water Comparison Service.
How many acquisitions has Love Energy Savings made?
Love Energy Savings has made 1 acquisition, including Energyhelpline.
Who are Love Energy Savings's investors?
Love Energy Savings has 2 investors. Key investors include LDC, and NVM Private Equity.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.