True Energy

Hørsholm, Denmark Founded: 2018 • Age: 8 yrs Acquired By Landis+Gyr
Energy management solutions are provided through an automated mobile app.
Annual revenue - Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About True Energy

True Energy is a company based in Hørsholm (Denmark) founded in 2018 was acquired by Landis+Gyr in April 2021. True Energy offers products and services including True Energy App, Advanced Smart Charge, and Managed API. True Energy operates in a competitive market with competitors including Particle, Signify, Danfoss, Landis+Gyr and MRI Software, among others.

  • Headquarter Hørsholm, Denmark
  • Sectors
    Technology
    Business Services Energy & 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 True Energy A/S
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Business Services → Facility, Security & Field Operations Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Energy & Utilities → Power Generation & Infrastructure Unlock Sub-Sector Unlock Segment
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
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  • Net Profit
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  • EBITDA
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  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Acquired by
    Landis+Gyr

    (Apr 21, 2021)

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Products & Services of True Energy

True Energy offers a comprehensive portfolio of products and services, including True Energy App, Advanced Smart Charge, and Managed API.

Product name locked
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Primary

App for smart EV charging and cost reduction.

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System for optimized EV charging and grid support.

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API for integrating smart charging into business apps.

People of True Energy

Headcount 10-50
Employee Profiles 3
Employee Profiles
People
René Frederiksen
Managing Director
People
Michael Harding
Director, Sales & Marketing
People
Raminta Karciauskiene
Global Product Manager

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Funding Insights of True Energy

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Detailed funding history for True Energy

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  • Funding amounts
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Investors in True Energy

True Energy has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Landis+Gyr.

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Institutional
Investor Description Founded Year Domain Location
End-to-end energy management solutions are provided for utilities worldwide.
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Investor details for True Energy

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Investments & Acquisitions by True Energy

Investments
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Investment portfolio details for True Energy

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Financial Statements - True Energy

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Detailed financials for True Energy

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True Energy Comparisons

True Energy Primary company
Description
Energy management solutions are provided through an automate...
Location
Hørsholm, Denmark
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for True Energy

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Competitors of True Energy

True 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 Particle, Signify, Danfoss, Landis+Gyr and MRI Software, among others.

Company Name Domain Founded year HQ Location Description
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IoT connectivity platform from prototype to production is developed.
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Signify is recognized as a global leader in lighting solutions.
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Manufacturer of energy efficiency products
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End-to-end energy management solutions are provided for utilities worldwide.
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Property management software is provided for residential and commercial properties.
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Connected devices are managed via an app and hub system.
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Detailed competitors of True Energy

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Latest news on True Energy

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Complete news archive for True Energy

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Frequently Asked Questions about True Energy

True Energy was founded in 2018.

True Energy is headquartered in Hørsholm, Denmark.

True Energy was founded in 2018 in Horsholm, Denmark, within the energy sector. Solutions for energy management are offered by the company, focusing on automation of electricity usage. The app schedules operations for times when power is most affordable and environmentally sustainable. Availability of the mobile application is ensured for iOS and Android platforms, supporting user integration in daily routines.

True Energy's top competitors include Particle, Landis+Gyr and Danfoss.

True Energy offers True Energy App, Advanced Smart Charge, and Managed API.

True Energy has 1 investor. Key investors include Landis+Gyr.

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