About Ween
Ween is a company founded in 2014. It operates as a Direct-to-Consumer (D2C). Ween has raised $2 million across 1 funding round from investors including Crédit Agricole, Sowefund and South Investment Region. Ween offers products and services including Ween Thermostat. Ween operates in a competitive market with competitors including ecobee, MRI Software, Savant Systems, Span.IO and Tibber, among others.
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Sectors
Business ServicesEnergy & Utilities Technology
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Email
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Phone
*********
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Website
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Social
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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 M (USD)
in 1 rounds
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Latest Funding Round
$2 M (USD), Series A
Jan 04, 2016
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Investors
Crédit Agricole
& 2 more
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Employee Count
Employee Count
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Products & Services of Ween
Ween offers a comprehensive portfolio of products and services, including Ween Thermostat. 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.
Smart thermostat optimizing heating based on user habits.
Funding Insights of Ween
Ween has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Series A round of $2 million completed in January 2016. 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 1
- Last Round Series A — $2.0M
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First Round
First Round
(04 Jan 2016)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2016 | Amount | Series A - Ween | 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 Ween
Ween has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Crédit Agricole, Sowefund and South Investment Region. 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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Startups are connected with accredited investors via equity crowdfunding.
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Founded Year | Domain | Location | |
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Crédit Agricole is recognized as a leading banking institution in France.
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Founded Year | Domain | Location | |
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Offers capital funding and loans to support regional business growth and development.
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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 Ween
| 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 - Ween
| 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 |
Ween Comparisons
Competitors of Ween
Ween 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 ecobee, MRI Software, Savant Systems, Span.IO and Tibber, 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 |
Provider of smart thermostats for commercial and residential applications
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| domain | founded_year | HQ Location |
Property management software is provided for residential and commercial properties.
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| domain | founded_year | HQ Location |
Connected devices are managed via an app and hub system.
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| domain | founded_year | HQ Location |
Smart panels for home energy management are provided by Span.IO.
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| domain | founded_year | HQ Location |
Provider of solutions for energy monitoring for residential building
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| domain | founded_year | HQ Location |
Smart home products for security and energy efficiency are provided.
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| 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 Ween
When was Ween founded?
Ween was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Is Ween a funded company?
Ween is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Series A of $2M, raised on Jan 04, 2016.
What does Ween do?
Ween is engaged in developing smart thermostats for residential heating control. The company operates in the smart home technology sector, offering solutions that optimize energy usage based on user habits and location. Products are designed to work with various heating systems, including gas, electric, and renewable energy sources, ensuring comfort and energy savings for users.
What products or services does Ween offer?
Ween offers Ween Thermostat.
Who are Ween's investors?
Ween has 3 investors. Key investors include Crédit Agricole, Sowefund, and South Investment Region.