Bulb - About the company
Bulb is an acquired company based in London (United Kingdom), founded in 2014 by Amit Gudka and Hayden Wood. It operates as a Renewable energy supplier. Bulb has raised $91.5M in funding from investors like DST Global, JamJar Investments and Magnetar, with last known valuation of £*****. The company has 5 active competitors, including 1 funded and 3 that have exited. Its top competitors include companies like OVO Energy, Octopus Energy and EDF Energy.
Company Details
Bulb, the UK based online renewable gas and electricity supplier which competes with the likes of Big 6 utility companies. Bulb, which provides 100% renewable electricity, puts the price drops down to improvements in its technology and processes, as well as lower wholesale energy prices. The company offers one variable tariff and one fixed tariff to simplify the energy supply value chain.
- Website
- bulb.co.uk
- Email ID
- *****@bulb.co.uk, *****@bulb.co.uk
- Phone Number
- +44 **********
Key Metrics
Founded Year
2014
Location
London, United Kingdom
Stage
Acquired
Total Funding
$91.5M in 6 rounds
Latest Funding Round
Last Known Valuation
£***** as on Jul 20, 2017
Investors
Ranked
4th among 5 active competitors
Employee Count
168 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by Octopus Energy (Oct 08, 2022)
Legal entities associated with Bulb
Bulb is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SIMPLE ENERGY LIMITED CIN: 9249540 , United Kingdom, Active | - | - | ||
BULB UK OPERATIONS LIMITED CIN: 14415312 , United Kingdom, Active | Oct 11, 2022 | £0 - £1M (As on Apr 30, 2025) | - | |
BULB ENERGY LTD CIN: 8469555 , Vanuatu, Active | Apr 01, 2013 | - | - | - |
BULB ENERGY LTD CIN: 8469555 , Germany, Active | Apr 01, 2013 | - | - |
Bulb's acquisition details
Bulb got acquired by Octopus Energy on Oct 08, 2022.
Click here to take a look at Bulb's acquisition in detail
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Bulb's funding and investors
Bulb has raised a total funding of $91.5M over 6 rounds. Its first funding round was on Feb 23, 2015. Its latest funding round was a Series B round on Jun 12, 2018 for $*****. 2 investors participated in its latest round. Bulb has 6 institutional investors and 30 angel investors.
Here is the list of recent funding rounds of Bulb:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 12, 2018 | 8581145 | Series B | 5566791 | 9939572 | 6176646 | 6578756 |
Sep 2017 | 1620383 | Series A | 2060141 | 3354477 | 4267979 | 2682781 |
Apr 04, 2017 | 3753663 | Series A | 6061630 | 5732281 | 1496962 | 5397923 |
View details of Bulb's funding rounds and investors
Bulb's founders and board of directors
Founder? Claim ProfileThe founders of Bulb are Amit Gudka and Hayden Wood.
Here are the details of Bulb's key team members:
- Amit Gudka: Former Co-Founder of Bulb. They are also an angel investor in 3 startups and serve on the board of 1 company.Contact Info: 1 email address
- Hayden Wood: Former Co-Founder of Bulb. They are also an angel investor in 2 startups and serve on the board of 1 company.
Bulb's Board of Directors
Bulb's board has 3 active members. Hayden Wood is part of team and John Wells and Joe Richardson are independent board members.Here is the list of Bulb's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 11y 9m | |
zrsjjgj | Team | - | Past | 2y 6m |
Independent board member | - | Current | 10y 6m | |
xplirmt | Independent board member | - | Current | 7y 8m |
dsea{ps | Independent board member | - | Past | 1y 3m |
ould{ol | Independent board member | - | Past | 6y 9m |
zbfembp | Independent board member | - | Past | 2y 3m |
View details of Bulb's Founder profiles and Board Members
Bulb's employee count trend
Bulb has 168 employees as of Sep 26. Here is Bulb's employee count trend over the years:
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Bulb's Competitors and alternates
Top competitors of Bulb include OVO Energy, Octopus Energy and EDF Energy. Here is the list of Top 10 competitors of Bulb, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | OVO Energy 2009, Bristol (United Kingdom), Acquired | Provider of residential electricity and natural gas supply utility services | $516M | 83/100 | |
2nd | Octopus Energy 2015, London (United Kingdom), Series F | Retailer of electricity and gas providing heat pumps and chargers | $1.96B | 83/100 | |
3rd | EDF Energy 2010, London (United Kingdom), Funding Raised | Electric utility company | - | 70/100 | |
4th | Bulb 2014, London (United Kingdom), Acquired | Renewable energy supplier | $91.5M | 59/100 | |
5th | Maven Energy 2021, Stamford (United Kingdom), Acquired | Manufacturer of solar powered products | - | - | 20/100 |
Looking for more details on Bulb's competitors? Click here to see the top ones
Bulb's Investments and acquisitions
Bulb has made no investments or acquisitions yet.
Reports related to Bulb
Here is the latest report on Bulb's geography:
News related to Bulb
•
Energy firms can challenge sale of collapsed provider Bulb at Court of AppealLondon Evening Standard•Dec 19, 2023•E.ON, British Gas, Bulb
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Energy companies bring bid for UK High Court challenge over Bulb saleMorningstar•Feb 28, 2023•Octopus Energy Group, Bulb, Octopus Energy
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Octopus completes Bulb Energy takeover after year-long sagaCity A.M.•Dec 21, 2022•Octopus Energy Group, Bulb, Octopus Deploy, Octopus Energy
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Octopus’ deal for Bulb could breach EU state aid rules, argues CentricaCity A.M.•Dec 13, 2022•Centrica, Octopus Energy Group, Bulb
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High Court delays Bulb sale to Octopus as rivals raise concernsEnergy Live News•Nov 14, 2022•Bulb, Octopus Energy Group, Octopus Energy, Bulb
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Octopus energy gets Government approval for deal to buy collapsed rival BulbLondon Evening Standard•Oct 29, 2022•Octopus Energy Group, Bulb, Octopus Energy
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