About Open Energy Market
Open Energy Market is a company based in London (United Kingdom) founded in 2013 by Chris Maclean.. Open Energy Market has raised $4.18 million across 1 funding round from investors including Calculus Capital. Open Energy Market offers products and services including True Platform and True Crew Services. Open Energy Market operates in a competitive market with competitors including Enmacc, Power Ledger, Drift, LO3 Energy and Lition, among others.
- Headquarter London, United Kingdom
- Founders Chris Maclean
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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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- Legal Name Open Energy Market Limited
- Date of Incorporation 23 Oct, 2012
- Jurisdiction GUILDFORD, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.18 M (USD)
in 1 rounds
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Latest Funding Round
$4.18 M (USD), Series A
Feb 07, 2018
- Investors
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Employee Count
Employee Count
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Products & Services of Open Energy Market
Open Energy Market offers a comprehensive portfolio of products and services, including True Platform and True Crew Services. 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.
Software for energy procurement and carbon reduction strategies.
Expert support for sustainability and risk management solutions.
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Funding Insights of Open Energy Market
Open Energy Market has successfully raised a total of $4.18M through 1 strategic funding round. The most recent funding activity was a Series A round of $4.18 million completed in February 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 1
- Last Round Series A — $4.2M
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First Round
First Round
(07 Feb 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2018 | Amount | Series A - Open Energy Market | Valuation |
investors |
| 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 Open Energy Market
Open Energy Market has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Calculus Capital. 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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UK venture capital investments are managed by Calculus Capital.
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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 Open Energy Market
| 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 - Open Energy Market
| 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 |
Open Energy Market Comparisons
Competitors of Open Energy Market
Open Energy Market 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 Enmacc, Power Ledger, Drift, LO3 Energy and Lition, 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 |
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| domain | founded_year | HQ Location |
OTC energy trading platform for investors
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| domain | founded_year | HQ Location |
Surplus renewable energy is traded via an online platform.
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| domain | founded_year | HQ Location |
Solutions for energy trading and tracking are provided by Drift.
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| domain | founded_year | HQ Location |
Blockchain solutions are provided for peer-to-peer energy trading in microgrids.
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| domain | founded_year | HQ Location |
Blockchain-based P2P platform for green energy trading is operated.
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| domain | founded_year | HQ Location |
Online marketplace for retail power consumers
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Open Energy Market
When was Open Energy Market founded?
Open Energy Market was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Where is Open Energy Market located?
Open Energy Market is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Open Energy Market?
Chris Maclean is the current CEO of Open Energy Market. They have also founded this company.
Is Open Energy Market a funded company?
Open Energy Market is a funded company, having raised a total of $4.18M across 1 funding round to date. The company's 1st funding round was a Series A of $4.18M, raised on Feb 07, 2018.
What does Open Energy Market do?
Open Energy Market was founded in 2013 in London, United Kingdom, as a web-based marketplace in the energy sector. Commercial buyers are enabled to acquire energy through three options: fixed buying, first-time flexible buying, and full flexible buying. Future energy expenditure is tracked up to three years in advance, and energy reporting features are included for users.
Who are the top competitors of Open Energy Market?
Open Energy Market's top competitors include Enmacc, Power Ledger and Vandebron.
What products or services does Open Energy Market offer?
Open Energy Market offers True Platform and True Crew Services.
Who are Open Energy Market's investors?
Open Energy Market has 1 investor. Key investors include Calculus Capital.
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