About Wetility
Wetility is an Energy & Utilities company based in Johannesburg (South Africa) founded in 2019. Solar energy projects are developed in South Africa. Wetility has raised $37.21 million across 5 funding rounds from investors including MultiChoice Group, Sanlam and Jaltech. Its website wetility.energy draws about 20 thousand monthly visits. Wetility offers products and services including PACE MONO BACKUP, PACE MONO SOLAR, PACE MINI, PACE MEDI, and PACE MEDI PLUS. Its focus areas include Energy, Solar Energy, Project Development Services and Project Developers. Its competitors include groSolar, Sturdee Energy and Mulilo; 2 of its 3 listed competitors have raised funding.
Company details
Wetility was established in 2019 in Johannesburg, South Africa, within the renewable energy sector. Solar energy projects are developed to support sustainable power generation. Operations are conducted from the local base, with services encompassing project planning, implementation, and maintenance for commercial and utility-scale applications. The companys domain, wetility.energy, facilitates online information and stakeholder engagement in the region.
- Headquarters Johannesburg, South Africa
- SectorsEnergy & Utilities
- Website category Computers Electronics and Technology · Social Networks and Online Communities
- Website wetility.energy
- Social LinkedIn Facebook Instagram YouTube
- Total Equity Funding$37.21M (USD)
in 5 rounds
- Latest Funding Round$27.8M (USD), Series B
Jun 2025
- InvestorsMultiChoice Group
& 3 more
Products & Services of Wetility
Wetility offers a comprehensive portfolio of products and services, including PACE MONO BACKUP, PACE MONO SOLAR, PACE MINI, PACE MEDI, and PACE MEDI PLUS.
Provides backup power with inverter and battery for low-bill homes.
Includes solar panels and battery for efficient energy generation.
Offers panels and inverter for medium electrical bill users.
Delivers expanded solar setup for higher energy needs.
Features advanced panels and battery for optimal power storage.
Apps and channels of Wetility
its YouTube channel Wetility has 349 subscribers and 23 videos.
Videos from Wetility
The most watched videos on Wetility's YouTube channel, Wetility (349 subscribers). Click a video to play it here.
More on Wetility.
Funding Insights of Wetility
Wetility has successfully raised a total of $37.21M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $27.8 million completed in June 2025. 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 $37.21M
- Total Rounds 5
- Last Round Series B — $27.8M
- Investors Count 4
All 5 funding rounds of Wetility with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
4 investors in total: 4 institutional.
Investors in Wetility
Wetility has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include MultiChoice Group, Sanlam and Jaltech.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| metier.co.za | ||||
Pay-television channels and internet services are provided to subscribers. | 1995 | multichoice.com | Randburg, South Africa | |
Provider of life insurance services | 1918 | sanlam.com | Bellville, South Africa | |
Manages alternative investments in solar projects, private equity, and digital assets for retail investors. | 2010 | jaltech.co.za | Johannesburg, South Africa |
Investor details for Wetility
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Wetility
8 people are tracked at Wetility (6 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Johanna Horz | Group Chief Of Staff & Director Of Strategy And Emerging Business | Leadership |
Vincent Maposa | Chief Executive Officer | Leadership |
Ikenna Oguguo | Co-founder & Chief Product Officer | Leadership |
Franta Pour | Chief Operations Officer | Leadership |
Dawid Swart Ca | Chief Financial Officer | Leadership |
Kiran Dingare | Product Director | Leadership |
Patience Mhike | Group Finance Manager | Team |
Chris Momoh | Product Engineer | Team |
Complete people profiles for Wetility
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Wetility
3 dated milestones of Wetility across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Wetility is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $27.8M.
Competitors of Wetility
Wetility has 3 listed competitors in our database, 2 of them funded. They include groSolar, Sturdee Energy and Mulilo.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| grosolar.com | 1998 | White River, South Africa | $28.59M | Solar Distribution and Installation | ||
| sturdee-energy.com | 2016 | Johannesburg, South Africa | $44M | Developer of solar energy projects | ||
| mulilo.com | 2008 | Cape Town, South Africa | Solar energy projects are developed by Mulilo in South Africa. |
Detailed competitors of Wetility
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Wetility
The website of Wetility (wetility.energy) receives about 20.4K visits a month and ranks #998,763 among all websites worldwide, #6,042 in Social Networks and Online Communities.
- Monthly visits20.4K
▼ 26.5% vs previous month
- Unique visitors14.2K
per month
- Global rank#998,763
among all websites
- Category rank#6,042
Computers Electronics and Technology · Social Networks and Online Communities
- Bounce rate43%
- Pages per visit2.1
- Average visit1 min 19 sec
- DevicesDesktop 18% · Mobile 82%
Websites whose visitors overlap most with Wetility. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| facebook.com | 100% | 12.1B | #3 | View details | |
| gosolr.co.za | 90% | 43.1K | #718,493 | View details | |
| google.com | 80% | 85.8B | #1 | View details | |
sinetech.co.za | sinetech.co.za | 79% | #3,095,546 | – | |
| versofy.com | 68% | 7.1K | #2,471,996 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 13 similar websites and full traffic analytics for Wetility
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 13 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Wetility
Complete news archive for Wetility
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Wetility
Wetility was founded in 2019 and raised its 1st funding round 4 years after it was founded.
Wetility is headquartered in Johannesburg, South Africa. It is registered at Johannesburg, Gauteng, South Africa.
Wetility is a funded company, having raised a total of $37.21M across 5 funding rounds to date.
Wetility was established in 2019 in Johannesburg, South Africa, within the renewable energy sector. Solar energy projects are developed to support sustainable power generation. Operations are conducted from the local base, with services encompassing project planning, implementation, and maintenance for commercial and utility-scale applications. The companys domain, wetility.energy, facilitates online information and stakeholder engagement in the region.
Wetility's top competitors include groSolar, Sturdee Energy and Mulilo.
Wetility offers PACE MONO BACKUP, PACE MONO SOLAR, PACE MINI, PACE MEDI, and PACE MEDI PLUS.
Wetility has 4 investors. Key investors include MultiChoice Group, Sanlam, Jaltech, and Metier.