About Sierra Energy
Sierra Energy is a company based in Sacramento (United States) founded in 2004 by Mike Hart. It operates as a Green Energy-as-a-Service, and Licensing Model. Sierra Energy has raised $33 million across 2 funding rounds from investors including BNP Paribas, Twynam and Cox Enterprises. Sierra Energy offers products and services including FastOx Gasification, FastOx Licensing, and Zero Emission Switcher Technology. Sierra Energy operates in a competitive market with competitors including Powerhouse Energy Group, Indaver, Spot My Energy, AVR and GreenE, among others.
- Headquarter Sacramento, United States
- Founders Mike Hart
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Sectors
Environment
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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 Sierra Energy
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$33 M (USD)
in 2 rounds
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Latest Funding Round
$33 M (USD), Series A
Jul 29, 2019
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Investors
BNP Paribas
& 5 more
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Employee Count
Employee Count
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Products & Services of Sierra Energy
Sierra Energy offers a comprehensive portfolio of products and services, including FastOx Gasification, FastOx Licensing, and Zero Emission Switcher Technology. 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.
Waste is converted into clean synthesis gas efficiently.
Licensing is offered for waste-to-energy gasification technology.
Zero-emission switcher technology is supported for locomotives.
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Funding Insights of Sierra Energy
Sierra Energy has successfully raised a total of $33M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $33 million completed in July 2019. 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 Series A — $33.0M
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First Round
First Round
(08 Oct 2015)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2019 | Amount | Series A - Sierra Energy | Valuation | Breakthrough Energy | |
| Oct, 2015 | Amount | Grant - Sierra Energy | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Sierra Energy
Sierra Energy has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include BNP Paribas, Twynam and Cox Enterprises. 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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Climate solutions are advanced via venture capital and startup acceleration.
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Venture capital fund investing in multiple sectors
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Sierra Energy
| 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 - Sierra Energy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Sierra Energy Comparisons
Competitors of Sierra Energy
Sierra Energy 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 Powerhouse Energy Group, Indaver, Spot My Energy, AVR and GreenE, 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 |
Waste-to-energy processing services are provided for renewable energy generation.
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| domain | founded_year | HQ Location |
Waste-to-energy services are provided by Indaver in the environmental sector.
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| domain | founded_year | HQ Location |
Home energy management systems are provided for efficient energy use.
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| domain | founded_year | HQ Location |
Waste processing services are provided in the Netherlands since 1968.
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| domain | founded_year | HQ Location |
Industrial waste processing services are provided to clients by GreenE.
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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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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 Sierra Energy
Frequently Asked Questions about Sierra Energy
When was Sierra Energy founded?
Sierra Energy was founded in 2004 and raised its 1st funding round 11 years after it was founded.
Where is Sierra Energy located?
Sierra Energy is headquartered in Sacramento, United States. It is registered at Sacramento, California, United States.
Who is the current CEO of Sierra Energy?
Mike Hart is the current CEO of Sierra Energy. They have also founded this company.
Is Sierra Energy a funded company?
Sierra Energy is a funded company, having raised a total of $33M across 2 funding rounds to date. The company's 1st funding round was a Grant of $100K, raised on Oct 08, 2015.
What does Sierra Energy do?
Sierra Energy is focused on developing and licensing FastOx gasification technology, which converts various types of waste, including municipal solid waste, biomass, and hazardous waste, into clean synthesis gas without burning. The company operates in the renewable energy sector, providing solutions for waste management and energy production. Partnerships with entities like the U.S. Army and the California Energy Commission are maintained to implement projects such as the Fort Hunter Liggett plant. Additionally, zero-emission switcher technology for locomotives is supported.
Who are the top competitors of Sierra Energy?
Sierra Energy's top competitors include GreenE, Powerhouse Energy Group and Indaver.
What products or services does Sierra Energy offer?
Sierra Energy offers FastOx Gasification, FastOx Licensing, and Zero Emission Switcher Technology.
Who are Sierra Energy's investors?
Sierra Energy has 6 investors. Key investors include BNP Paribas, Twynam, Cox Enterprises, Breakthrough Energy, and Formica.