When was SWM founded?

SWM was founded in 1998 and raised its 1st funding round 19 years after it was founded.

Where is SWM located?

SWM is headquartered in Munich, Germany.

How many employees does SWM have?

As of Jul 31, 2026, the latest employee count at SWM is 3145.

Is SWM a funded company?

SWM is a funded company, having raised an undisclosed amount across 10 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jan 30, 2017.

When was the latest funding round of SWM?

SWM's latest funding was a $***** Grant (prize money) round on Aug 22, 2023, with participation from 1 investor. Its primary sector is Solar Energy. In Germany, the Solar Energy sector has seen $151M in funding in 2026 to date.

Where does SWM rank among its competitors?

SWM ranks 6th amongst 196 active competitors, of which 9 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was SWM, which secured $118K in Aug, 2023.

Who are the top competitors of SWM?

SWM's top competitors include BayWa re, ib Vogt and Belectric. Among them, SWM secured the most recent funding round in August, 2023.

SWM - 2026 Company Profile, Funding & Competitors

SWM is a funded company based in Munich (Germany), founded in 1998. It operates as a Regional energy supplier offering services such as electricity, gas, water, and public baths. SWM has raised an undisclosed amount in funding. The company has 196 active competitors, including 9 funded and 15 that have exited. Its top competitors include companies like BayWa re, ib Vogt and Belectric.

Company Details

Stadtwerke München is a regional energy supplier in Munich, Germany, offering services such as electricity, gas, water, and public baths. They also provide an online customer portal called Meine SWM for their customers to manage their accounts.

Website: www.swm.de/
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Key Metrics

Founded Year

1998

Location

Munich, Germany

Stage

Funding Raised

Latest Funding Round

Grant (prize money), Aug 22, 2023, $*****

Investors

BAFA & 2 more

Ranked

6^th among 196 active competitors

Employee Count

3,145 as on Jul 31, 2026

Similar Companies

ACCIONA & 2585 more

View SWM's full profile

SWM has raised funding over 10 rounds. Its first funding round was on Jan 30, 2017. Its latest funding round was a Grant (prize money) round on Aug 22, 2023 for $*****. 1 investor participated in its latest round. SWM has 3 institutional investors.

Here is the list of recent funding rounds of SWM:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 22, 2023	7664380	Grant (prize money)	8517827	9562997	5338933	9112603
Aug 21, 2023	6910601	Grant (prize money)	2137093	6493797	5064859	Ptj
Jun 27, 2023	5866495	Grant (prize money)	8377261	5111036	8989104	BAFA

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View details of SWM's funding rounds and investors

SWM's employee count trend

SWM has 3,145 employees as of Jul 26. Here is SWM's employee count trend over the years:

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Top competitors of SWM include BayWa re, ib Vogt and Belectric. Here is the list of Top 10 competitors of SWM, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	BayWa re 2009, Munich (Germany), Acquired	Developer & distributor of renewable energy	-	Energy Infrastructure Partners, Migdal Group ... & 2 others	68/100
2nd	ib Vogt 2002, Berlin (Germany), Acquired	Provider of solar utility-scale turnkey solution	$160M	BAE Systems, EIG Global Energy Partners & 7 others	66/100
3rd	Belectric 2001, Kolitzheim (Germany), Acquired	Utility scale solar power project developer	-	HypoVereinsbank	53/100
4th	Enerparc 2008, Hamburg (Germany), Acquired	Provider of planning, construction, operation, and marketing services of solar power plants	-	-	51/100
5th	Energiekontor 1990, Bremen (Germany), Public	Wind energy project developer	-	-	51/100
6th	SWM 1998, Munich (Germany), Funding Raised	Regional energy supplier offering services such as electricity, gas, water, and public baths	-	BAFA, Amprion & 1 others	44/100
7th	VSB Group 1996, Dresden (Germany), Acquired	Developers of solar and wind farms	-	-	43/100
8th	Redavia 2010, Munich (Germany), Series A	Offers small sized deploy able solar farms on rent	$5M	AlphaMundi, Factor[e] Ventures & 19 others	40/100
9th	ABO Wind 1996, Wiesbaden (Germany), Series A	Developer of solar & wind energy projects	$7.48M	Capricorn Partners, Mainova	39/100
10th	Chint Solar 2016, Hamburg (Germany), Unfunded	Developer of solar renewable energy projects	-	-	39/100