Montel News

Oslo, Norway Founded: 1989 • Age: 37 yrs Acquired By Riverside
European energy market insights and data are provided to businesses.
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About Montel News

Montel News is a company based in Oslo (Norway) founded in 1989 was acquired by Riverside in June 2022.. The company has 29 employees as of December 31, 2019. Montel News offers products and services including Montel News, Analytics, Prices, and Risk. Montel News operates in a competitive market with competitors including Genscape, GlobalView Software, Energy Intelligence, Enerdata and Rextag, among others.

  • Headquarter Oslo, Norway
  • Employees 29 as on 31 Dec, 2019
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Montel As
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure
Key Metrics
  • Annual Revenue
    $18.93 M (USD)
    30
    as on Dec 31, 2022
  • Net Profit
    $-2 M (USD)
    -33
    as on Dec 31, 2022
  • EBITDA
    $-2.45 M (USD)
    -24
    as on Dec 31, 2022
  • Latest Funding Round
  • Investors
  • Employee Count
    29

    as on Dec 31, 2019

  • Acquired by
    Riverside

    (Jun 14, 2022)

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Products & Services of Montel News

Montel News offers a comprehensive portfolio of products and services, including Montel News, Analytics, Prices, and Risk. 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.

Primary

Delivers real-time updates on energy market developments.

Tools for analyzing energy prices and market trends.

Tracks costs of energy commodities like electricity and gas.

Helps manage trading positions and hedges in energy markets.

Funding Insights of Montel News

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 Montel News

Montel News has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include The Riverside Company. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity and debt are provided to middle market companies.
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 Montel News

Investments
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

Financial Statements - Montel News

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Montel News Comparisons

Employees
+
Add Comparison
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Competitors of Montel News

Montel News 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 Genscape, GlobalView Software, Energy Intelligence, Enerdata and Rextag, 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
Data & Intelligence for global commodity and energy markets
domain founded_year HQ Location
Global Energy market data and data management solution
domain founded_year HQ Location
Data, insights, and research on the energy industry are provided.
domain founded_year HQ Location
Energy data and intelligence tools are supplied for market analysis.
domain founded_year HQ Location
GIS data solutions for energy infrastructure are provided.
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 Montel News

Frequently Asked Questions about Montel News

When was Montel News founded?

Montel News was founded in 1989.

Where is Montel News located?

Montel News is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.

Who is the current CEO of Montel News?

Dienis Pireva is the current CEO of Montel News.

How many employees does Montel News have?

As of Dec 31, 2019, the latest employee count at Montel News is 29.

What is the annual revenue of Montel News?

Annual revenue of Montel News is $18.93M as on Dec 31, 2022.

What does Montel News do?

Montel provides European energy market insights and data. It helps businesses with market data, news and analyzes data to view insights. It provides data and insights related to the industry real-time prices, fundamental data, technical analysis and also allows business to build forecasting models. It provides data related to power flow supply and demand, wind and solar output, coal stock data and US oil production data. It also provides analytics and forecasting tools.

Who are the top competitors of Montel News?

Montel News's top competitors include Genscape, Rextag and GlobalView Software.

What products or services does Montel News offer?

Montel News offers Montel News, Analytics, Prices, and Risk.

Who are Montel News's investors?

Montel News has 1 investor. Key investors include The Riverside Company.

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