Norwich Technologies

Hartford, United States Founded: 2011 • Age: 15 yrs
Solar energy is generated by a passive snow shredder device.
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About Norwich Technologies

Norwich Technologies is a company based in Hartford (United States) founded in 2011 by Troy Mcbride and Joel Stettenheim.. Norwich Technologies offers products and services including Breakaway Renewables, Norwich Solar, RunTime Solar, and Norwich EV. Norwich Technologies operates in a competitive market with competitors including SolarCity, Sunrun, Sunnova, SunPower and Palmetto, among others.

  • Headquarter Hartford, United States
  • Founders Troy Mcbride, Joel Stettenheim
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Norwich Technologies, Inc
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $1.49 M (USD), Grant

    Jul 01, 2019

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Norwich Technologies

Norwich Technologies offers a comprehensive portfolio of products and services, including Breakaway Renewables, Norwich Solar, RunTime Solar, and Norwich EV. 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

Develops and finances commercial renewable energy projects

Advances affordable solar power for companies and institutions

Manages commercial and community solar projects in regions

Increases electric vehicle adoption by removing barriers

People of Norwich Technologies
Headcount 10-50
Employee Profiles 33
Employee Profiles
People
Mike Pepe
Project Manager
People
Kristin Dediana
Development Operations Manager
People
Stefan Isenberg
Operations Assistant
People
Suzanne Jones
Office Coordinator

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Funding Insights of Norwich Technologies

  • Total Funding
  • Total Rounds 2
  • Last Round Grant — $1.5M
  • First Round

    (01 Jul 2013)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2019 Amount Grant - Norwich Technologies Valuation

investors

Jul, 2013 Amount Grant - Norwich Technologies 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 Norwich Technologies

Norwich Technologies has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include OSTI.GOV. 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
Institutional
Investor Description Founded Year Domain Location
Scientific and technical information is managed and disseminated by OSTI.GOV.
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 Norwich Technologies

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 - Norwich Technologies

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

Norwich Technologies Comparisons

Employees
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Competitors of Norwich Technologies

Norwich Technologies 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 SolarCity, Sunrun, Sunnova, SunPower and Palmetto, 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
Solar power systems are designed, financed, and installed for clients.
domain founded_year HQ Location
Solar energy services are provided to residential customers nationwide.
domain founded_year HQ Location
Solar services are provided to residential and commercial customers.
domain founded_year HQ Location
Silicon-based solar PV modules are manufactured for diverse applications.
domain founded_year HQ Location
Full-end solar services are provided to residential and commercial sectors.
domain founded_year HQ Location
Provider of solar installation and designing services for residential
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.

Frequently Asked Questions about Norwich Technologies

When was Norwich Technologies founded?

Norwich Technologies was founded in 2011 and raised its 1st funding round 2 years after it was founded.

Where is Norwich Technologies located?

Norwich Technologies is headquartered in Hartford, United States. It is registered at Hartford, Connecticut, United States.

Who is the current CEO of Norwich Technologies?

Jim Merriam is the current CEO of Norwich Technologies.

What does Norwich Technologies do?

Norwich Technologies was founded in 2011 in Hartford, United States, within the renewable energy sector. A passive snow shredder device is developed and offered by the company, which attaches to solar panels to remove snow and support energy production. Operations focus on hardware solutions for solar installations, with key leadership provided by co-founders Troy McBride and Joel Stettenheim, alongside CEO Jim Merriam.

Who are the top competitors of Norwich Technologies?

Norwich Technologies's top competitors include SunPower, Sunrun and Palmetto.

What products or services does Norwich Technologies offer?

Norwich Technologies offers Breakaway Renewables, Norwich Solar, RunTime Solar, and Norwich EV.

Who are Norwich Technologies's investors?

Norwich Technologies has 1 investor. Key investors include OSTI.GOV.

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