About Pure Energies
Pure Energies is a company based in Toronto (Canada) founded in 2009 by Ryan McCalley was acquired by NRG Energy in October 2014.. Pure Energies has raised $6 million across 2 funding rounds from investors including NRG Energy, Western Technology Investment and NEA. Pure Energies has completed 2 acquisitions, including 1bog.org and Cooler Planet. Pure Energies offers products and services including Blog Articles and Financial Advice Services.
- Headquarter Toronto, Canada
- Founders Ryan McCalley
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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
$6 M (USD)
in 2 rounds
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Latest Funding Round
$5 M (USD), Debt – Venture
Jun 13, 2013
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Investors
NRG Energy
& 3 more
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Employee Count
Employee Count
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Investments & Acquisitions
1bog.org
& 1 more
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Acquired by
NRG Energy
(Oct 02, 2014)
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Products & Services of Pure Energies
Pure Energies offers a comprehensive portfolio of products and services, including Blog Articles and Financial Advice 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.
Informative pieces on finance and technology for reader education
Tips on insurance, debt, and business strategies via articles
Funding Insights of Pure Energies
Pure Energies has successfully raised a total of $6M across 2 strategic funding rounds. The most recent funding activity was a Debt – Venture round of $5 million completed in June 2013. 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 Debt – Venture — $5.0M
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First Round
First Round
(05 May 2013)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2013 | Amount | Debt – Venture - Pure Energies | Valuation |
investors |
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| May, 2013 | Amount | Private Equity Round - Pure Energies | 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 Pure Energies
Pure Energies has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include NRG Energy, Western Technology Investment and NEA. 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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Venture debt is provided globally across multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital investments are offered to startups by NEA.
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Founded Year | Domain | Location | |
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Early-stage startups across sectors are invested in by NGEN Partners.
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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 Pure Energies
Pure Energies has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include 1bog.org and Cooler Planet. 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 |
|---|---|---|---|---|---|
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Solar panels and equipment are provided for renewable energy needs.
|
2008 | ||||
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Solar customers are acquired and referred to installers for fees.
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Pure Energies
| 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 |
Pure Energies Comparisons
Competitors of Pure Energies
| 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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Frequently Asked Questions about Pure Energies
When was Pure Energies founded?
Pure Energies was founded in 2009 and raised its 1st funding round 4 years after it was founded.
Where is Pure Energies located?
Pure Energies is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is Pure Energies a funded company?
Pure Energies is a funded company, having raised a total of $6M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $6M, raised on May 05, 2013.
What does Pure Energies do?
Pure Energies was founded in 2009 as a subsidiary of NRG within the residential solar sector. Homeowners are advised on rooftop solar systems, with installations provided across select locations. Operations are conducted in Toronto and Mississauga in Canada, alongside San Francisco in the United States. Focus remains on solar adoption guidance and setup services for residential properties.
What products or services does Pure Energies offer?
Pure Energies offers Blog Articles and Financial Advice Services.
How many acquisitions has Pure Energies made?
Pure Energies has made 2 acquisitions, including 1bog.org, and Cooler Planet.
Who are Pure Energies's investors?
Pure Energies has 4 investors. Key investors include NRG Energy, Western Technology Investment, NEA, and NGEN Partners.
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