ELONCITY - About the company
ELONCITY is a series A company based in Dublin (United States), founded in 2017 by Andy Li. It operates as a Provider of micro grid solutions enabled with distributed power generation systems. ELONCITY has raised $20M in funding from Krypital Group. The company has 65 active competitors, including 17 funded and 9 that have exited. Its top competitors include companies like Bboxx, solaris-energy.com and Scale Microgrids.
Company Details
Eloncity specializes in providing microgrid solutions enabled with distributed energy generation systems. Its features include blockchain-based trade system with AI algorithms, smart energy storage systems, and constant availability. The energy is produced locally and is exchanged between the individual parts of the microgrid and stored via battery systems.
- Website
- eloncity.io
- Email ID
- *****@eloncity.io
Key Metrics
Founded Year
2017
Location
Dublin, United States
Stage
Series A
Total Funding
$20M in 1 round
Latest Funding Round
Investors
Ranked
13th among 65 active competitors
Employee Count
11 as on Jun 30, 2026
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ELONCITY's funding and investors
ELONCITY has raised a total funding of $20M over 1 round. Its latest funding round was a Series A round on Sep 29, 2018 for $*****. 9 investors participated in its latest round. ELONCITY has 9 institutional investors.
Here is the list of recent funding rounds of ELONCITY:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 29, 2018 | 3837180 | Series A | 6425615 | 6619611 | 7938291 | 4491598 |
View details of ELONCITY's funding rounds and investors
ELONCITY's founders and board of directors
Founder? Claim ProfileThe founders of ELONCITY is Andy Li.
Here are the details of ELONCITY's key team members:
- Andy Li: Founder of ELONCITY. Contact Info: 1 email address
View details of ELONCITY's Founder profiles and Board Members
ELONCITY's employee count trend
ELONCITY has 11 employees as of Jun 26. Here is ELONCITY's employee count trend over the years:
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ELONCITY's Competitors and alternates
Top competitors of ELONCITY include Bboxx, solaris-energy.com and Scale Microgrids. Here is the list of Top 10 competitors of ELONCITY, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Bboxx 2010, London (United Kingdom), Series D | Provider of pay-as-you-go power and technology to homes and businesses | $131M | 68/100 | |
2nd | ![]() solaris-energy.com 2014, Houston (United States), Public | Provider of renewable energy systems for residential and commercial applications | $60M | 64/100 | |
3rd | Scale Microgrids 2016, Ridgewood (United States), Acquired | Provider of distributed energy solutions, including design, build, and finance | $30M | 61/100 | |
4th | VoltaGrid 2020, Houston (United States), Series E | Provider of modular natural gas power generation and infrastructure solutions | $1.08B | 60/100 | |
5th | David Energy 2016, Brooklyn (United States), Series B | Provider of distributed energy management systems | $49.1M | 57/100 | |
6th | Enchanted Rock 2006, Houston (United States), Series C | Clean onsite power generation for commercial, industrial, and data center resilience | $36.5M | 57/100 | |
7th | Gridcog 2020, London (United Kingdom), Series A | Software to plan, track, and optimize the transition to a decentralized and decarbonized energy future | $16.7M | 55/100 | |
8th | Wattstor 2013, London (United Kingdom), Acquired | Provider of solar energy based microgrid management platform | - | 50/100 | |
9th | Alfen 1937, Almere (Netherlands), Public | Transformer stations, Micro grid and EV charging stations | - | 47/100 | |
10th | Offers solar systems with pay as you go model | $26.9M | 47/100 | ||
13th | ELONCITY 2017, Dublin (United States), Series A | Provider of micro grid solutions enabled with distributed power generation systems | $20M | 43/100 |
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ELONCITY's Investments and acquisitions
ELONCITY has made no investments or acquisitions yet.
Reports related to ELONCITY
Here is the latest report on ELONCITY's sector:
News related to ELONCITY
•
A Blockchain Project That Has Ignited an Energy Revolution - ELONCITY Secures 20 Million USD in InvestmentPR Newswire•Sep 30, 2018•ELONCITY, Blockchain Capital, Krypital Group, Fenbushi Capital and 10 others
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