About SENEC
SENEC is a company based in Leipzig (Germany) founded in 2009 was acquired by EnBW in March 2018. It operates as a Product-as-a-Service, and Direct-to-Consumer (D2C). SENEC offers products and services including SENEC.Home, SENEC.Solar, SENEC.Wallbox, SENEC.Heat, and SENEC.Cloud.
- Headquarter Leipzig, Germany
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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 Senec Gmbh
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Products & Services of SENEC
SENEC offers a comprehensive portfolio of products and services, including SENEC.Home, SENEC.Solar, SENEC.Wallbox, SENEC.Heat, and SENEC.Cloud. 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.
Solar energy is stored for household use efficiently.
Solar power is generated for sustainable household energy.
Electric vehicles are charged with solar energy sustainably.
Solar energy is used for home climate control.
Excess solar energy is stored virtually for flexibility.
Funding Insights of SENEC
- Total Funding Total Funding
- Total Rounds 3
- Last Round Grant — $55,848
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First Round
First Round
(01 Mar 2016)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2016 | Amount | Grant - SENEC | Valuation |
investors |
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| Jul, 2016 | Amount | Series A - SENEC | Valuation | Grunwald Equity |
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| Mar, 2016 | Amount | Grant - SENEC | 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 SENEC
SENEC has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include EnBW, European Union and EIC Fund. 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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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 SENEC
| 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 - SENEC
| 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 |
Senec Comparisons
Competitors of SENEC
| 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 SENEC
When was SENEC founded?
SENEC was founded in 2009 and raised its 1st funding round 7 years after it was founded.
Where is SENEC located?
SENEC is headquartered in Leipzig, Germany. It is registered at Leipzig, Saxony, Germany.
What does SENEC do?
SENEC GmbH is engaged in the development and provision of solar energy solutions for residential use. The company offers a range of products including energy storage systems, photovoltaic systems, electric vehicle charging solutions, and heatingcooling systems powered by solar energy. Comprehensive energy management is facilitated through the SENEC.Cloud and SENEC.PowerPilot, enabling efficient use of self-generated solar power. Operations are primarily centered in the renewable energy sector, with a focus on promoting energy independence and sustainability for households across Germany and Italy.
What products or services does SENEC offer?
SENEC offers SENEC.Home, SENEC.Solar, SENEC.Wallbox, SENEC.Heat, and SENEC.Cloud.
Who are SENEC's investors?
SENEC has 4 investors. Key investors include EnBW, European Union, EIC Fund, and Grunwald Equity.
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