ZEN Energy

Clovelly, Australia Founded: 2004 • Age: 22 yrs Acquired By GFG Alliance
Solar solutions and energy storage system installer
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About ZEN Energy

ZEN Energy is a company based in Clovelly (Australia) founded in 2004 was acquired by GFG Alliance in September 2017.. ZEN Energy offers products and services including ZEN Home Energy System, ZEN Freedom Powerbank, and Renewable Electricity Plans. ZEN Energy operates in a competitive market with competitors including Fluence, Alsym Energy, Redback Technologies, Exro and Connected Energy, among others.

  • Headquarter Clovelly, Australia
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Zen Energy Retail Pty Ltd
Operational Areas
Energy & Utilities → Energy Storage & Efficiency
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $7.19 M (USD), Debt – Conventional

    Aug 26, 2020

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    GFG Alliance

    (Sep 20, 2017)

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Products & Services of ZEN Energy

ZEN Energy offers a comprehensive portfolio of products and services, including ZEN Home Energy System, ZEN Freedom Powerbank, and Renewable Electricity Plans. 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.

Primary

Integrated solar systems for affordable residential energy solutions.

Battery system for home solar energy storage and usage.

Plans providing 100% renewable energy to commercial clients.

People of ZEN Energy
Headcount 50-200
Employee Profiles 19
Employee Profiles
People
Tammy Solanki
Legal Counsel
People
Gayashan Amarasinghe
Senior Data Engineer
People
Anthony Garnaut
Chief Executive Officer
People
Glenn Garnaut
Chief Governance Officer

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Funding Insights of ZEN Energy

  • Total Funding
  • Total Rounds 1
  • Last Round Debt – Conventional — $7.2M
  • First Round

    (26 Aug 2020)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2020 Amount Debt – Conventional - ZEN Energy Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

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investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in ZEN Energy

ZEN Energy has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include GFG Alliance and Interface Financial. 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.

All
Institutional
Investor Description Founded Year Domain Location
Invoice financing is provided to SMEs through a marketplace.
Founded Year Domain Location
Steel, aluminum, and sustainable resources are produced by GFG Alliance.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ZEN Energy

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - ZEN Energy

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Zen Energy Comparisons

Employees
+
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Competitors of ZEN Energy

ZEN 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 Fluence, Alsym Energy, Redback Technologies, Exro and Connected Energy, 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
Energy storage systems are supplied for industrial renewable applications.
domain founded_year HQ Location
Non-flammable battery solutions are provided for vehicles and storage systems.
domain founded_year HQ Location
Developer of solar power packs for home
domain founded_year HQ Location
Developer of power electronics for electric vehicles and energy storage
domain founded_year HQ Location
Battery energy storage systems are supplied to various industries.
domain founded_year HQ Location
Voltage optimization, energy storage, and smart transformer equipment are manufactured.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Zen Energy

Frequently Asked Questions about ZEN Energy

When was ZEN Energy founded?

ZEN Energy was founded in 2004 and raised its 1st funding round 16 years after it was founded.

Where is ZEN Energy located?

ZEN Energy is headquartered in Clovelly, Australia. It is registered at Clovelly, New South Wales, Australia.

What does ZEN Energy do?

ZEN Energy was founded in 2004 in Clovelly, Australia, within the renewable energy sector. Installation services for solar solutions, available in two variants, and energy storage systems, offered in three variants including options from LG Chem, Sonnen, and a proprietary development, are provided to both residential and commercial customers. Connections to financing providers are facilitated to support project costs. Operations focus on the Australian market.

Who are the top competitors of ZEN Energy?

ZEN Energy's top competitors include Fluence, Connected Energy and Exro.

What products or services does ZEN Energy offer?

ZEN Energy offers ZEN Home Energy System, ZEN Freedom Powerbank, and Renewable Electricity Plans.

Who are ZEN Energy's investors?

ZEN Energy has 2 investors. Key investors include GFG Alliance, and Interface Financial.

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