Wenergie

Bengaluru, India Founded: 2018 • Age: 8 yrs
A battery management platform is provided by Wenergie.
Annual revenue $19,381 Latest available
Total funding $132,440 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Wenergie

Wenergie is a company based in Bengaluru (India) founded in 2018 by Akshay Harikumar. Wenergie has raised $132.44 thousand across 1 funding round from investors including Shell. Wenergie operates in a competitive market with competitors including Stem, Resideo, Operto, Bidgely and epilot, among others.

  • Headquarter Bengaluru, India
  • Founders Akshay Harikumar
  • Stage Minicorn
  • Sectors
    Business Services
    Energy & Utilities
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Wenergie Ecoworks Private Limited
  • Date of Incorporation 10 Mar, 2018
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Business Services → Facility, Security & Field Operations Unlock Sub-Sector Unlock Segment
Energy & Utilities → Power Generation & Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $19.38 K (USD)
    -46
    as on Mar 31, 2021
  • Net Profit
    -$7.24 K (USD)
    -1292
    as on Mar 31, 2021
  • EBITDA
    -$7.24 K (USD)
    -983
    as on Mar 31, 2021
  • Total Equity Funding
    $132.44 K (USD)

    in 1 rounds

  • Latest Funding Round
    $132.44 K (USD), Seed

    Dec 18, 2023

  • Investors
  • Employee Count
    Not available
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People of Wenergie

Headcount 1-10
Employee Profiles 1
Employee Profiles
People
Akshay Harikumar
Founder And CEO

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Teams

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Funding Insights of Wenergie

Wenergie has successfully raised a total of $132.44K through 1 strategic funding round. The most recent funding activity was a Seed round of $132.44 thousand completed in December 2023. 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.

Investors in Wenergie

Wenergie has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Shell.

All
Institutional
Investor Description Founded Year Domain Location
Crude products are supplied to global energy markets.
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Investor details for Wenergie

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Investments & Acquisitions by Wenergie

Investments
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Investment portfolio details for Wenergie

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Financial Statements - Wenergie

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Detailed financials for Wenergie

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Wenergie Comparisons

Wenergie Primary company
Description
A battery management platform is provided by Wenergie.
Location
Bengaluru, India
Founded Year
2018
Annual Revenue
$19.38 K (USD)
Net Profit
-$7.24 K (USD)
EBITDA
-$7.24 K (USD)
Employees
Not available
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Peer comparison for Wenergie

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Competitors of Wenergie

Wenergie 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 Stem, Resideo, Operto, Bidgely and epilot, among others.

Company Name Domain Founded year HQ Location Description
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AI and cloud-driven solutions for energy optimization are provided.
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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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Household energy use is monitored and managed via disaggregated analysis.
Locked Locked Locked
Customer management solutions including CRM and automation are provided.
Locked Locked Locked
SaaS driven building operating system
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Detailed competitors of Wenergie

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Latest news on Wenergie

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Complete news archive for Wenergie

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Frequently Asked Questions about Wenergie

Wenergie was founded in 2018 and raised its 1st funding round 5 years after it was founded.

Wenergie is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Akshay Harikumar is the current CEO of Wenergie. They have also founded this company.

Wenergie is a funded company, having raised a total of $132.44K across 1 funding round to date.

Annual revenue of Wenergie is $19.38K as on Mar 31, 2021.

Wenergie was founded in 2018 by Akshay Harikumar in Bengaluru, India. Operations are centered on the energy sector, where a platform for battery management is developed and offered. Services include monitoring, optimization, and control of battery systems for applications in renewable energy and electric vehicles. The company is based in India, with its domain at wenergie.io, serving clients in the region and beyond.

Wenergie's top competitors include Stem, Resideo and Bidgely.

Wenergie has 1 investor. Key investors include Shell.

The valuation of Wenergie is $2.06M as of Dec 2023.

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