When was NeedEnergy founded?

NeedEnergy was founded in 2015 and raised its 1st funding round 8 years after it was founded.

Where is NeedEnergy located?

NeedEnergy is headquartered in Bulawayo, Zimbabwe.

Who is the current CEO of NeedEnergy?

Leroy T Nyangani of NeedEnergy. They have also founded 1 company.

How many employees does NeedEnergy have?

As of Apr 30, 2026, the latest employee count at NeedEnergy is 10.

Is NeedEnergy a funded company?

NeedEnergy is a funded company, having raised a total of $20K across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 04, 2023.

When was the latest funding round of NeedEnergy?

NeedEnergy's latest funding was a $***** Seed round on 2023, with participation from 1 investor.

Where does NeedEnergy rank among its competitors?

NeedEnergy ranks 1536th amongst 6369 active competitors, of which 874 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Sense, which secured an undisclosed amount in Jan, 2026.

Who are the top competitors of NeedEnergy?

NeedEnergy's top competitors include Enel X, Landis+Gyr and Sense. Among them, Sense secured the most recent funding round in January, 2026.

NeedEnergy - 2026 Company Profile, Team, Funding & Competitors

Company Details

AI powered energy management software for enterprises. The platform allows users to manage grids based on distributed energy resources, monitor energy and power consumption, generate energy, analyze data, and more. It offers a dashboard to monitor the energy and power consumption in real time. The platform helps distribution system operators manage the grids. It allows users to monitor and manage energy assets in home consumption, commercial and industrial consumption.

Website: needenergy.io
Social

Key Metrics

Founded Year

2015

Location

Bulawayo, Zimbabwe

Stage

Seed

Total Funding

$20K in 2 rounds

Latest Funding Round

Seed, 2023, $*****

Investors

Techstars & 1 more

Ranked

1536^th among 6369 active competitors

Employee Count

10 as on Apr 30, 2026

Similar Companies

Landis+Gyr & 8018 more

View NeedEnergy's full profile

NeedEnergy has raised a total funding of $20K over 2 rounds. Its first funding round was on Jan 04, 2023. Its latest funding round was a Seed round on 2023 for $*****. 1 investor participated in its latest round. NeedEnergy has 2 institutional investors.

Here is the list of recent funding rounds of NeedEnergy:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
2023	7995	Seed	1167	4896	8280	6572
Jan 04, 2023	2951052	Seed	8617735	5168074	Startupbootcamp Australia	7340559

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View details of NeedEnergy's funding rounds and investors

The founders of NeedEnergy are Leroy T Nyangani and Desire Masunda. Leroy T Nyangani is the CEO of NeedEnergy.

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

Leroy T Nyangani: Co-Founder & CEO of NeedEnergy.
Contact Info: 1 email address
Desire Masunda: Co-Founder of NeedEnergy.

View details of NeedEnergy's Founder profiles and Board Members

NeedEnergy's employee count trend

NeedEnergy has 10 employees as of Apr 26. Here is NeedEnergy's employee count trend over the years:

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Top competitors of NeedEnergy include Enel X, Landis+Gyr and Sense. Here is the list of Top 10 competitors of NeedEnergy, ranked by Tracxn score:

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	Foundation Capital, Glen Capital & 9 others	77/100
2nd	Landis+Gyr 1896, Cham (Switzerland), Acquired	Provider of advanced grid infrastructure, energy management, and smart metering solutions	$1.03B	Hudson Clean Energy Partners, Triodos Investment Management ... & 3 others	76/100
3rd	Sense 2013, Cambridge (United States), Series D	Provider of AI and app-based energy monitoring solutions	$195M	Energy Impact Partners, Shell Ventures & 21 others	75/100
4th	Autogrid 2011, Redwood City (United States), Acquired	IoT enabled distributed energy resource management solutions provider	$160M	Schneider Electric, Energy Impact Partners ... & 22 others	71/100
5th	Span.IO 2014, San Francisco (United States), Series B	Provider of smart panel for home energy management	$256M	Wellington, Energy Foundry & 32 others	70/100
6th	Phononic 2009, Durham (United States), Series F	Providing solid state thermal management solutions	$230M	Venrock, Oak Investment Partners & 18 others	69/100
7th	Resideo 2018, Wilmington (United States), Public	Provider of smart home solutions for security, air, water, and energy	-	CD&R	69/100
8th	Smart Joules 2014, Delhi (India), Series B	Provider of energy efficiency solutions for commercial and industrial buildings	$20.7M	Asian Development Bank, European Development Finance Institutions ... & 26 others	68/100
9th	Metronome 2020, San Francisco (United States), Acquired	Usage-based invoice management solutions for small businesses	$128M	New Enterprise Associates, Andreessen Horowitz ... & 18 others	68/100
10th	Genus Power Infrastructures 1992, Jaipur (India), Public	Manufacturer of smart meters, hybrid microcircuits, and power distribution management	-	-	67/100
1536th	NeedEnergy 2015, Bulawayo (Zimbabwe), Seed	AI powered energy management software for enterprises	$20K	Techstars, Startupbootcamp Australia	31/100