About SecondSol
SecondSol is a company based in Meiningen (Germany) founded in 2010.. The company has 11 employees as of December 31, 2020. SecondSol operates in a competitive market with competitors including Installion and Enerkeep, among others.
- Headquarter Meiningen, Germany
- Employees 11 as on 31 Dec, 2020
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Sectors
RetailEnergy & 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 Secondsol Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
11
as on Dec 31, 2020
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Funding Insights of SecondSol
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2012 | Amount | Series A - SecondSol | Valuation | Beteiligungsmanagement Thuringen |
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| 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 SecondSol
SecondSol has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include bm|t. 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 capital and private equity investments are managed by bm|t.
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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 SecondSol
| 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 - SecondSol
| 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 |
Secondsol Comparisons
Competitors of SecondSol
SecondSol 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 Installion and Enerkeep, 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 |
Online marketplace allowing service providers to connect with residential and commercial customers
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| domain | founded_year | HQ Location |
Advisory services for the energy storage system
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| 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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Latest news on Secondsol
Frequently Asked Questions about SecondSol
When was SecondSol founded?
SecondSol was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Where is SecondSol located?
SecondSol is headquartered in Meiningen, Germany. It is registered at Meiningen, Thuringen, Germany.
Who is the current CEO of SecondSol?
Stefan Wippich is the current CEO of SecondSol.
How many employees does SecondSol have?
As of Dec 31, 2020, the latest employee count at SecondSol is 11.
What does SecondSol do?
SecondSol was established in 2010 in Meiningen, Germany, as an online marketplace within the solar energy sector. A range of products including PV modules, inverters, energy storage systems, assembly components, wiring, connectors, tools, and measuring devices is provided. These offerings are directed toward commercial retailers, private customers, manufacturers, and insurance companies, facilitating transactions in the renewable energy market.
Who are the top competitors of SecondSol?
SecondSol's top competitors include Installion and Enerkeep.
Who are SecondSol's investors?
SecondSol has 1 investor. Key investors include bm|t.
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