About Snugg
Snugg is a company based in Edinburgh (United Kingdom) founded in 2022 by Robin Peters and Neil Svensen.. Snugg has raised $2.54 million across 4 funding rounds from investors including Gov.uk. Snugg offers products and services including Snugg Platform, Grant Checker, and Installer Finder. Snugg operates in a competitive market with competitors including Resideo, Operto, Switchee, Green Revolution Cooling and UrbanChain, among others.
- Headquarter Edinburgh, United Kingdom
- Founders Robin Peters, Neil Svensen
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Sectors
Business ServicesEnergy & Utilities Real Estate & Construction
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Phone
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Website
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Social
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- Legal Name Arniston Ltd
- Date of Incorporation 26 Aug, 2021
- Jurisdiction EDINBURGH, SCOTLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.54 M (USD)
in 4 rounds
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Latest Funding Round
$324.56 K (USD), Seed
May 02, 2024
- Investors
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Employee Count
Employee Count
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Products & Services of Snugg
Snugg offers a comprehensive portfolio of products and services, including Snugg Platform, Grant Checker, and Installer Finder. 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.
Online service for personalized energy saving plans and recommendations
Helps users identify available government grants for home improvements
Connects users with trusted professionals for energy efficiency installations
Funding Insights of Snugg
Snugg has successfully raised a total of $2.54M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $324.56 thousand completed in May 2024. 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 4
- Last Round Seed — $324,560
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First Round
First Round
(06 Jul 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2024 | Amount | Seed - Snugg | Valuation |
investors |
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| Jan, 2024 | Amount | Grant - Snugg | Valuation |
investors |
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| Jun, 2023 | Amount | Seed - Snugg | 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 Snugg
Snugg has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Gov.uk. 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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Online government services and information are provided to users.
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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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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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Founded Year | Domain | Location |
Investments & Acquisitions by Snugg
| 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 - Snugg
| 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 |
Snugg Comparisons
Competitors of Snugg
Snugg 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 Resideo, Operto, Switchee, Green Revolution Cooling and UrbanChain, 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 |
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| domain | founded_year | HQ Location |
Smart home products for security and energy efficiency are provided.
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Provider of cloud-enabled property automation and access control solutions
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| domain | founded_year | HQ Location |
SaaS-enabled solutions for building energy management are offered.
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| domain | founded_year | HQ Location |
Oil immersion cooling solutions for data centers are provided.
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| domain | founded_year | HQ Location |
Renewable energy exchange is enabled via blockchain platform.
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| domain | founded_year | HQ Location |
Utility comparison and switching solutions are offered online.
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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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| 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 Snugg
Frequently Asked Questions about Snugg
When was Snugg founded?
Snugg was founded in 2022.
Where is Snugg located?
Snugg is headquartered in Edinburgh, United Kingdom. It is registered at Edinburgh, Scotland, United Kingdom.
Who is the current CEO of Snugg?
Robin Peters is the current CEO of Snugg. They have also founded this company.
Is Snugg a funded company?
Snugg is a funded company, having raised a total of $2.54M across 4 funding rounds to date. The company's 1st funding round was a Seed of $777.73K, raised on Jul 06, 2022.
What does Snugg do?
Snugg was founded in 2022 in Edinburgh, United Kingdom, as a provider in the energy efficiency sector. A platform is operated to list measures for homes, such as insulation and heating upgrades, aimed at reducing energy use. Implementation is facilitated for homeowners through simple, affordable options. Operations focus on residential improvements across the UK, with leadership from co-founders Robin Peters as CEO and Neil Svensen.
Who are the top competitors of Snugg?
Snugg's top competitors include Switchee, Resideo and UrbanChain.
What products or services does Snugg offer?
Snugg offers Snugg Platform, Grant Checker, and Installer Finder.
Who are Snugg's investors?
Snugg has 1 investor. Key investors include Gov.uk.
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