About Sitigrid
Sitigrid is a company based in London (United Kingdom) founded in 2019 by Emmanuel Igbinovia. Sitigrid has raised $594.26 thousand across 2 funding rounds. The company has 3 employees as of January 31, 2022. Sitigrid offers products and services including Peer-to-Peer Electricity and Microgrids. Sitigrid operates in a competitive market with competitors including Enmacc, BritNed, Fendahl, Exnaton and Open Energy Market, among others.
- Headquarter London, United Kingdom
- Employees 3 as on 31 Jan, 2022
- Founders Emmanuel Igbinovia
- Stage Minicorn
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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 Sitigrid Ltd
- Date of Incorporation 12 Dec, 2019
- Jurisdiction BOLTON, ENGLAND
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$594.26 K (USD)
in 2 rounds
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Latest Funding Round
$173.05 K (USD), Seed
Sep 15, 2021
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Investors
Not available
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Employee Count
3
as on Jan 31, 2022
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Products & Services of Sitigrid
Sitigrid offers a comprehensive portfolio of products and services, including Peer-to-Peer Electricity and Microgrids.
Enables cost-saving green energy for suppliers and customers.
Supports clean local energy for developments and communities.
People of Sitigrid
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Funding Insights of Sitigrid
Sitigrid has successfully raised a total of $594.26K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $173.05 thousand completed in September 2021. 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.
Investments & Acquisitions by Sitigrid
Investment portfolio details for Sitigrid
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Financial Statements - Sitigrid
Detailed financials for Sitigrid
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Sitigrid Comparisons
Peer comparison for Sitigrid
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Competitors of Sitigrid
Sitigrid 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, BritNed, Fendahl, Exnaton and Open Energy Market, among others.
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OTC energy trading platform for investors
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BritNed is operated as an electricity interconnector between Great Britain and the Netherlands.
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Offers CTRM software solutions for global commodity trading organizations.
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AI SaaS platform for energy providers managing dynamic tariffs and EV charging.
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Energy buying platform
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Online energy commodity exchange solutions are provided to market participants.
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Detailed competitors of Sitigrid
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Latest news on Sitigrid
Complete news archive for Sitigrid
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Frequently Asked Questions about Sitigrid
Sitigrid was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Sitigrid is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Jeff Whittingham is the current CEO of Sitigrid.
Sitigrid is a funded company, having raised a total of $594.26K across 2 funding rounds to date.
As of Jan 31, 2022, the latest employee count at Sitigrid is 3.
Sitigrid was founded in 2019 and is based in London, United Kingdom. Operations focus on the energy sector, where AI-driven platforms facilitate peer-to-peer trading of surplus electricity. S-Chain technology is utilized to establish local markets, with smart contracts enabling secure transactions and automated settlements on open platforms.
Sitigrid offers Peer-to-Peer Electricity and Microgrids.
The valuation of Sitigrid is $4.65M as of Sep 2021.