3E - About the company
3E is an acquired company based in Brussels (Belgium), founded in 1999 by Theko Letsie, Geert Palmers, Werner Coppye and Luc De Gheselle. It operates as a Software solutions provider in the renewable energy sector. 3E has raised an undisclosed amount in funding. The company has 541 active competitors, including 67 funded and 48 that have exited. Its top competitors include companies like Odyssey Energy Solutions, Enact and SYSO Technologies.
Company Details
Software solutions provider in the renewable energy sector. It provides software and consultancy services to the renewable energy sector. Developed a proprietary monitoring software called SynaptiQ, that monitors, reports and claims to improve the performance of solar and wind projects.
- Website
- www.3e.eu/
- Email ID
- *****@3E.eu
- Phone Number
- +32 **********
Key Metrics
Founded Year
1999
Location
Brussels, Belgium
Stage
Acquired
Latest Funding Round
Ranked
12th among 541 active competitors
Annual Revenue
€10M - €50M as on Dec 31, 2024
Employee Count
281 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by Hg (Oct 27, 2026)
Legal entities associated with 3E
3E is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
3E RENEWABLE ENERGY SOFTWARE AND SERVICES PRIVATE LIMITED CIN: U72900TN2019FTC126993 , India, Active | Jan 17, 2019 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
3E CIN: 0465.755.594 , Belgium, Active | Mar 30, 1999 | €10M - €50M (As on Dec 31, 2024) | - | - |
3E's acquisition details
3E got acquired by Hg on Oct 27, 2026.
Click here to take a look at 3E's acquisition in detail
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3E's funding and investors
3E has raised funding over 9 rounds. Its first funding round was on 2013. Its latest funding round was a Grant (prize money) round on Mar 28, 2023 for $*****. 1 investor participated in its latest round. 3E has 2 institutional investors.
Here is the list of recent funding rounds of 3E:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 28, 2023 | 8400471 | Grant (prize money) | 7977098 | 1845406 | 1406065 | 5322418 |
Jan 01, 2020 | 9853900 | Grant (prize money) | 8396867 | 6745740 | 5682640 | |
Oct 01, 2019 | 7855183 | Grant (prize money) | 9595788 | 9942410 | 8424429 |
View details of 3E's funding rounds and investors
3E's founders and board of directors
Founder? Claim ProfileThe founders of 3E are Theko Letsie, Geert Palmers, Werner Coppye and Luc De Gheselle. Geert Palmers is the CEO of 3E.
Here are the details of 3E's key team members:
- Theko Letsie: Founder of 3E and founder of 1 other company.
- Geert Palmers: Co-Founder, CEO 1999 - 2019 - Director of 3E.
- Werner Coppye: Co-founder, CTO of 3E.
- Luc De Gheselle: Co-Founder of 3E.
View details of 3E's Founder profiles and Board Members
3E's employee count trend
3E has 281 employees as of Sep 26. Here is 3E's employee count trend over the years:
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3E's Competitors and alternates
Top competitors of 3E include Odyssey Energy Solutions, Enact and SYSO Technologies. Here is the list of Top 10 competitors of 3E, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Odyssey Energy Solutions 2017, Boulder (United States), Series B | Provider of end-to-end platform for distributed renewable energy finance | $65.8M | 66/100 | |
2nd | Enact 2014, Pleasanton (United States), Series B | Provider of software solutions for monitoring solar energy usage and production | $17.1M | 64/100 | |
3rd | SYSO Technologies 2019, Cambridge (United States), Series B | Provider of renewable energy storage and management solutions | $33.5M | 63/100 | |
4th | Cloover Energy 2023, Berlin (Germany), Series A | Provider of platform for renewable energy solutions and financial services | $34.9M | 63/100 | |
5th | SmartHelio 2019, Ecublens (Switzerland), Series A | Provider of AI-driven software for solar plant performance and diagnostics | $6.05M | 63/100 | |
6th | Euclid Power 2021, Bloomington (United States), Series A | Provider of project management tool for solar energy | $20M | 62/100 | |
7th | Clear Blue Technologies 2011, Toronto (Canada), Public | Developer of smart off-grid controllers | $3.94M | 62/100 | |
8th | RadianGEN 2013, Oakland (United States), Acquired | Provider of solar asset management services and solutions | $1M | 61/100 | |
9th | Helio Home 2020, Denver (United States), Series A | Provider of all-electric heating and cooling system installation and related services | $50M | 61/100 | |
10th | Equilibrium Energy 2021, San Francisco (United States), Series B | Provider of software solutions for portfolio management | $132M | 60/100 | |
12th | Software solutions provider in the renewable energy sector | - | 59/100 |
Looking for more details on 3E's competitors? Click here to see the top ones
3E's Investments and acquisitions
3E has made no investments or acquisitions yet.
Reports related to 3E
Here is the latest report on 3E's sector:
News related to 3E
Media has covered 3E for a total of 4 events in the last 1 year, 2 of them have been about partnerships.
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3E and Partners Launch Agrivoltaic Pilot to Regenerate Desert Agriculture in EgyptiGrow News•Jun 01, 2026•3E
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Greencells enters software O&M partnership with Belgium’s 3ERenewables Now•Dec 01, 2025•3E, Greencells
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3E acquires global regulatory monitoring platform ChemycalBusiness Wire•Nov 16, 2023•3E, Chemycal, 3E
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TGS and 3E Announce Strategic Collaboration to Enhance Wind Farm Planning with Virtual Met Mast Technology in Wind AXIOMGlobeNewswire•Apr 25, 2023•TGS, 3E
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New Mountain Capital, with Endicott Capital, Announce Closing of 3E AcquisitionBusiness Wire•Mar 14, 2022•3E, New Mountain Capital, Endicott Group, Verisk and 1 other
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Alaris Equity Partners Announces US$14.8 Million in Follow-On ContributionsGlobeNewswire•Dec 06, 2021•Alaris Equity Partners, 3E, D&M Leasing
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