When was Hometree founded?

Hometree was founded in 2016 and raised its 1st funding round within a year of its incorporation.

Where is Hometree located?

Hometree is headquartered in London, United Kingdom.

Who is the current CEO of Hometree?

Simon Phelan of Hometree. They have also founded 1 company.

Which legal entities is Hometree associated with?

Hometree is associated with HOMETREE MARKETPLACE LIMITED and 1 other.

How many employees does Hometree have?

As of Aug 31, 2026, the latest employee count at Hometree is 139.

Is Hometree a funded company?

Hometree is a funded company, having raised a total of $268M across 12 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 10, 2016.

How much is Hometree worth?

The latest valuation of Hometree is £***** as of Dec 20, 2022. This marks a decline of 87% from its peak valuation of £486M in Mar, 2017. This marks a decline of 87% from its peak valuation of £486M in Mar, 2017.

When was the latest funding round of Hometree?

Hometree's latest funding was a $***** Conventional Debt round on Oct 17, 2024, with participation from 1 investor. Its primary sector is Internet First Insurance Platforms. In United Kingdom, the Internet First Insurance Platforms sector has seen $703M in funding in 2026 to date.

Where does Hometree rank among its competitors?

Hometree ranks 2nd amongst 17 active competitors, of which 5 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Furbnow, which secured $3.34M in Jul, 2026.

Who are the top competitors of Hometree?

Hometree's top competitors include OVO Energy, Urban Jungle and Heatio. Among them, Furbnow secured the most recent funding round in July, 2026.

Hometree - 2026 Company Profile, Team, Funding, Competitors & Financials

Hometree is a series B company based in London (United Kingdom), founded in 2016 by Simon Phelan. It operates as a Provider of home protection and energy services. Hometree has raised $268M in funding from investors like Literacy Capital, Frontline Ventures and Anthemis Group, with a current valuation of £*****. The company has 17 active competitors, including 5 funded and 2 that have exited. Its top competitors include companies like OVO Energy, Urban Jungle and Heatio.

Company Details

Provider of home protection and energy services. It helps homeowners protect, maintain, and improve their properties through comprehensive breakdown cover, repair services, and energy solutions. It offers boiler and heating cover, appliance protection, plumbing and drainage cover, annual boiler servicing, landlord services, new boiler installations, and renewable energy solutions including solar and heat pump services.

Website: hometree.co.uk
Social
Email ID: *****@hometree.co.uk
Phone Number: +44 **********

Key Metrics

Founded Year

2016

Location

London, United Kingdom

Stage

Series B

Total Funding

$268M in 12 rounds

Latest Funding Round

Conventional Debt, Oct 17, 2024, $*****

Post Money Valuation

£***** as on Dec 20, 2022

Investors

Literacy Capital & 59 more

Ranked

2^nd among 17 active competitors

Employee Count

139 as on Aug 31, 2026

Investment & Acquisitions

IMS Heat Pumps & 2 more

Similar Companies

OVO Energy & 68 more

View Hometree's full profile

Hometree is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
HOMETREE SERVICES LIMITED CIN: 12535561 , United Kingdom, Active	Mar 25, 2020	-	1 (As on Mar 31, 2024)
HOMETREE MARKETPLACE LIMITED CIN: 09808066 , United Kingdom, Active	Oct 02, 2015	-	59 (As on Mar 31, 2022)

Hometree has raised a total funding of $268M over 12 rounds. Its first funding round was on Jul 10, 2016. Its latest funding round was a Conventional Debt round on Oct 17, 2024 for $*****. 1 investor participated in its latest round. Hometree has 30 institutional investors and 30 angel investors.

Here is the list of recent funding rounds of Hometree:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 17, 2024	8205422	Conventional Debt	6762200	8228820	1480508	5476821
Jun 14, 2024	9121656	Conventional Debt	2526286	8015165	9609349	Barclays
Apr 15, 2024	6197008	Conventional Debt	2716229	3981835	1182089	BlackRock

Access funding benchmarks and valuations. Sign up today!

View details of Hometree's funding rounds and investors

The founders of Hometree is Simon Phelan. Simon Phelan is the CEO of Hometree.

Here are the details of Hometree's key team members:

Simon Phelan: Co-Founder & CEO of Hometree and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 1 email address

Hometree's Board of Directors

Hometree's board has 2 active members. Simon Phelan and Andreu Tobella are part of team.

Here is the list of Hometree's board of directors:

Name	Type	Representing	Status	Duration
Simon Phelan	Team	-	Current	10y 11m
Andreu Tobella	Team	-	Current	10y 5m
eldlbxp	Independent board member	-	Past	2y 4m

View details of Hometree's Founder profiles and Board Members

Hometree's employee count trend

Hometree has 139 employees as of Aug 26. Here is Hometree's employee count trend over the years:

Uncover Hometree's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Hometree include OVO Energy, Urban Jungle and Heatio. Here is the list of Top 10 competitors of Hometree, ranked by Tracxn score:

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	$258M	Mitsubishi Corporation, Mayfair & 4 others	83/100
2nd	Hometree 2016, London (United Kingdom), Series B	Provider of home protection and energy services	$268M	Energy Impact Partners, Frontline Ventures ... & 58 others	65/100
3rd	Urban Jungle 2016, London (United Kingdom), Series A	Online home contents insurance platform for renting and sharing individuals	$55.1M	Eka Ventures, Mundi Ventures & 15 others	56/100
4th	Heatio 2022, Liverpool (United Kingdom), Seed	Renewable energy management and monitoring system	$2.53M	Ascension, Conduit Connect & 4 others	43/100
5th	NHBC 1936, Milton Keynes (United Kingdom), Acquired	Provider of home insurance and warranty services	-	-	41/100
6th	Furbnow 2022, Birmingham (United Kingdom), Seed	Provider of home energy efficiency upgrade planning and management services	$4.55M	SFC Capital, Future Planet Capital & 4 others	38/100
7th	Buzzvault 2013, London (United Kingdom), Seed	Home insurance and management platform	$8.8M	Startupbootcamp & 2 others	36/100
8th	Frontier Insurance 2013, London (United Kingdom), Unfunded	Manufacturer of wetsuits, boardshorts, clothing, surfing accessories, and related products	-	-	28/100
9th	Fornax Energy 2022, London (United Kingdom), Funding Raised	Company that offers a clean heating subscription service, specializing in air source heat pump systems for homeowners, aiming to modernize home heating while reducing carbon footprint	-	Village Capital	24/100
10th	Heatly 2022, Richmond (United Kingdom), Unfunded	Business management software for heat pump installers	-	-	24/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Hometree's competitors? Click here to see the top ones

Hometree has acquired 3 companies including IMS Heat Pumps, TLGEC and BeWarm. Hometree has not made any investments as of now.

Here is the list of its acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jun 10, 2024	Acquisition	IMS Heat Pumps	1997	Dronfield (United Kingdom)
Apr 17, 2024	Acquisition	TLGEC	2010	Marden (United Kingdom)
Apr 12, 2023	Acquisition	BeWarm	2018	London (United Kingdom)