Igloo Energy - About the company
Igloo Energy is an acquired company based in Southampton (United Kingdom), founded in 2016 by Duncan Ellis. It operates as a Provider of energy monitoring solutions. Igloo Energy has raised $12.4M in funding from Osaka Gas UK, with last known valuation of $*****. The company has 1765 active competitors, including 270 funded and 138 that have exited. Its top competitors include companies like Enel X, ecobee and SPAN.
Company Details
Igloo Energy is a provider of energy monitoring solutions. Solutions offerings include competitive tariffs, energy consumption data analysis, and offering additional smart products and services. Energy consumption is monitored using smart metering devices and the solutions are offered for gas and electricity utilities. Also, provides an app for Android and iOS devices.
- Website
- igloo.energy
- Registered Address
- The White Building, 1-4 Cumberland Place, Southampton, England, SO15 2NP
Key Metrics
Founded Year
2016
Location
Southampton, United Kingdom
Stage
Acquired
Total Funding
$12.4M in 5 rounds
Latest Funding Round
Last Known Valuation
$***** as on Jun 12, 2020
Investors
Ranked
106th among 1765 active competitors
Employee Count
32 as on Jun 30, 2026
Exit Details
Acquired by Good Energy (Dec 02, 2022)
Legal entities associated with Igloo Energy
Igloo Energy is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Igloo Energy Supply Limited CIN: 09812716 , United Kingdom, Active | Oct 06, 2015 | - | 68 (As on Mar 31, 2020) | |
LIGHTBULB ES LIMITED CIN: 10074259 , United Kingdom, Active | Mar 20, 2016 | - | - |
Igloo Energy's acquisition details
Igloo Energy got acquired by Good Energy on Dec 02, 2022.
Click here to take a look at Igloo Energy's acquisition in detail
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Igloo Energy's funding and investors
Igloo Energy has raised a total funding of $12.4M over 5 rounds. Its first funding round was on Oct 31, 2017. Igloo Energy has 3 institutional investors and 17 angel investors.
Here is the list of recent funding rounds of Igloo Energy:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 12, 2020 | 8522454 | Series A | 3695799 | 7877958 | 4590101 | 5773751 |
Dec 11, 2019 | 3076825 | Series A | 1031228 | 4059826 | 4750545 | 9821835 |
Feb 20, 2019 | 6726667 | Series A | 4693412 | 9115684 | 8139102 | 2953481 |
View details of Igloo Energy's funding rounds and investors
Igloo Energy's founders and board of directors
Founder? Claim ProfileThe founders of Igloo Energy is Duncan Ellis.
Here are the details of Igloo Energy's key team members:
- Duncan Ellis: Former Co-Founder of Igloo Energy. They are also an angel investor in 1 startup.
Igloo Energy's Board of Directors
Igloo Energy's board has 2 active members. Henry Brown and Matthew Clemow are part of team.Here is the list of Igloo Energy's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 9y 4m | |
Team | - | Current | 9y 7m | |
bqjgsxd | Independent board member | - | Past | 9y 1m |
View details of Igloo Energy's Founder profiles and Board Members
Igloo Energy's employee count trend
Igloo Energy has 32 employees as of Jun 26. Here is Igloo Energy's employee count trend over the years:
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Igloo Energy's Competitors and alternates
Top competitors of Igloo Energy include Enel X, ecobee and SPAN. Here is the list of Top 10 competitors of Igloo Energy, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Enel X 2001, Boston (United States), Acquired | Developer of utility-scale renewable energy projects | $168M | 74/100 | |
2nd | Manufacturer of smart thermostats, sensors, cameras, and security system bundles | $155M | 73/100 | ||
3rd | SPAN 2014, San Francisco (United States), Series C | Smart energy management technology platform that modernizes residential electrical systems | $419M | 72/100 | |
4th | Provider of smart thermostats and energy solutions for home heating | $245M | 71/100 | ||
5th | Savant Systems 2005, Barnstable (United States), Late Stage | App and hub for connected device management | $90M | 71/100 | |
6th | Bidgely 2011, Mountain View (United States), Series C | Provider of a solution for consumers to monitor and manage their household energy use | $87.7M | 69/100 | |
7th | Resideo 2018, Wilmington (United States), Public | Provider of smart home solutions for security, air, water, and energy | - | 69/100 | |
8th | Provider of a digital platform for electricity consumption management and insights | $177M | 69/100 | ||
9th | Smart Joules 2014, Delhi (India), Series B | Provider of AI-powered energy efficiency solutions for commercial buildings | $20.7M | 68/100 | |
10th | Developer of renewable energy assets, battery storage, and digital energy platforms | $528M | 65/100 | ||
106th | Igloo Energy 2016, Southampton (United Kingdom), Acquired | Provider of energy monitoring solutions | $12.4M | 45/100 |
Looking for more details on Igloo Energy's competitors? Click here to see the top ones
Igloo Energy's Investments and acquisitions
Igloo Energy has made no investments or acquisitions yet.
Reports related to Igloo Energy
Here is the latest report on Igloo Energy's geography:
News related to Igloo Energy
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ENSEK Appoints New Chief Technology Officer to Supercharge its EnTech PlatformPR Newswire•Jul 14, 2022•ENSEK, Igloo Energy
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Ofgem appoints E.ON to take on customers hit by collapse of utilitiesPower Technology•Oct 05, 2021•Eonnext, Ofgem, Igloo Energy, Enstroga and 1 other
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Igloo Energy faces collapse as Bulb denies nationalisation claimsProactive•Sep 22, 2021•Igloo Energy
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Volker Beckers Appointed To Igloo Energy Board As Non-exec ChairmanEnergy Live News•Jan 08, 2021•Igloo Energy
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Burges Salmon energy team helps power up Japanese investment into UK energy market disrupterBristol Business News•Jan 03, 2020•Osaka Gas UK, Burges Salmon, Igloo Energy
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Igloo Energy unveils £20 million investment from Osaka Gas to fast-track home servicesCurrent News•Dec 11, 2019•Igloo Energy, Osaka Gas
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Igloo Energy partners up to give customers free EV chargingEnergy Live News•Jul 18, 2019•Igloo Energy, Ev.energy
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