About ZOLA Electric
ZOLA Electric is a company based in Amsterdam (Netherlands) founded in 2011.. ZOLA Electric has raised $158 million across 12 funding rounds from investors including Tesla, SolarCity and International Finance Corporation. ZOLA Electric offers products and services including ZOLA Platform, ZOLA Hardware, ZOLA iNTELLIGENCE, and ZOLA Services. ZOLA Electric operates in a competitive market with competitors including Triple Solar, Victron Energy, WakaWaka, Solar Freezer and Gutami Group, among others.
- Headquarter Amsterdam, Netherlands
-
Sectors
Energy & Utilities
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$158 M (USD)
in 12 rounds
-
Latest Funding Round
$8 M (USD), Debt – Conventional
Sep 18, 2024
-
Investors
Tesla
& 22 more
-
Employee Count
Employee Count
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
Products & Services of ZOLA Electric
ZOLA Electric offers a comprehensive portfolio of products and services, including ZOLA Platform, ZOLA Hardware, ZOLA iNTELLIGENCE, and ZOLA Services. 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.
Enterprise software for managing distributed energy networks.
Hardware solutions for reliable energy distribution.
Intelligence tools for energy provider operations.
Hands-on support for energy business scaling.
Funding Insights of ZOLA Electric
ZOLA Electric has successfully raised a total of $158M across 12 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $8 million completed in September 2024. 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 12
- Last Round Debt – Conventional — $8.0M
-
First Round
First Round
(21 Mar 2014)
- Investors Count 23
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Debt – Conventional - ZOLA Electric | Valuation |
investors |
|
| Sep, 2021 | Amount | Series E - ZOLA Electric | Valuation | TotalEnergies | |
| Sep, 2021 | Amount | Debt – Conventional - ZOLA Electric | Valuation |
investors |
|
| 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 |
Investors in ZOLA Electric
ZOLA Electric has secured backing from 23 investors, including venture fund and institutional investors. Prominent investors backing the company include Tesla, SolarCity and International Finance Corporation. 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 |
|---|---|---|---|---|
|
Private equity investment firm
|
Founded Year | Domain | Location | |
|
Venture capital investments are directed toward multiple sectors.
|
Founded Year | Domain | Location | |
|
Private equity investments are managed across multiple sectors by Helios.
|
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 ZOLA Electric
| 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 - ZOLA Electric
| 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 |
Zola Electric Comparisons
Competitors of ZOLA Electric
ZOLA Electric 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 Triple Solar, Victron Energy, WakaWaka, Solar Freezer and Gutami Group, 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 |
Solar panels for roofing, heating and electricity
|
|
| domain | founded_year | HQ Location |
Electronic manufacturing and supply chain management services are provided.
|
|
| domain | founded_year | HQ Location |
Solar-powered lamps, chargers, and waterproof pouches are manufactured.
|
|
| domain | founded_year | HQ Location |
Solar-based thermal energy storage products are manufactured and resold.
|
|
| domain | founded_year | HQ Location |
Manufactures solar-powered products, including panels and integrated energy systems.
|
| 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 Zola Electric
Frequently Asked Questions about ZOLA Electric
When was ZOLA Electric founded?
ZOLA Electric was founded in 2011 and raised its 1st funding round 3 years after it was founded.
Where is ZOLA Electric located?
ZOLA Electric is headquartered in Amsterdam, Netherlands.
Is ZOLA Electric a funded company?
ZOLA Electric is a funded company, having raised a total of $158M across 12 funding rounds to date. The company's 1st funding round was a Series E of $45M, raised on Mar 21, 2014.
What does ZOLA Electric do?
ZOLA Electric was founded in 2011 and is headquartered in Amsterdam, Netherlands. Operations focus on the renewable energy sector, delivering solar installation and upgrade services in rural areas of Africa. A proprietary software platform called Surge is utilized to enable personalized customer services. Offerings encompass engineering, financing, commissioning, and Pay-As-You-Go systems for off-grid solutions.
Who are the top competitors of ZOLA Electric?
ZOLA Electric's top competitors include Triple Solar, iwell and WakaWaka.
What products or services does ZOLA Electric offer?
ZOLA Electric offers ZOLA Platform, ZOLA Hardware, ZOLA iNTELLIGENCE, and ZOLA Services.
Who are ZOLA Electric's investors?
ZOLA Electric has 23 investors. Key investors include Tesla, SolarCity, International Finance Corporation, TotalEnergies, and General Electric.