When was Trecs founded?

Trecs was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Where is Trecs located?

Trecs is headquartered in Singapore. It is registered at 1 ANG MO KIO INDUSTRIAL PARK 2A #05-01 AMK TECH I SINGAPORE 568049.

Who is the current CEO of Trecs?

Jen Wee Kang of Trecs. They have also founded 2 companies.

Which legal entities is Trecs associated with?

Trecs is associated with T-RECS.AI PTE. LTD..

How many employees does Trecs have?

As of Apr 30, 2026, the latest employee count at Trecs is 153.

Is Trecs a funded company?

Trecs is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Aug 02, 2019.

When was the latest funding round of Trecs?

Trecs' latest funding was a $***** Seed round on Aug 02, 2019, with participation from 1 investor.

Where does Trecs rank among its competitors?

Trecs ranks 33rd amongst 72 active competitors, of which 12 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Power Ledger, which secured an undisclosed amount in Jun, 2022.

Who are the top competitors of Trecs?

Trecs' top competitors include Vandebron, Digital Grid and Drift. Among them, Power Ledger secured the most recent funding round in June, 2022.

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

Company Details

T-RECs provides a marketplace to buy and sell renewable energy certificates. It uses blockchain and artificial intelligence technology to enables the marketplace. It has the agreement with Terrenus Energy to sell all renewable energy certificates(RECs) that are produced and registered from their solar farm asset.

Website: trecs.ai
Social
Email ID: *****@trecs.ai
Registered Address: 1 ANG MO KIO INDUSTRIAL PARK 2A #05-01 AMK TECH I SINGAPORE 568049

Key Metrics

Founded Year

2018

Location

Singapore

Stage

Deadpooled

Total Funding

$20K in 1 round

Latest Funding Round

Seed, Aug 02, 2019, $*****

Investors

LongHash Ventures & 2 more

Ranked

33^rd among 72 active competitors

Employee Count

153 as on Apr 30, 2026

Similar Companies

Power Ledger & 55 more

View Trecs' full profile

Trecs is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
T-RECS.AI PTE. LTD. CIN: 201834016K , Singapore, Active	Dec 31, 2017	-	-

Trecs has raised a total funding of $20K over 1 round. Its latest funding round was a Seed round on Aug 02, 2019 for $*****. 1 investor participated in its latest round. Trecs has 3 institutional investors.

Here is the list of recent funding rounds of Trecs:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 02, 2019	8483048	Seed	9280862	1073979	1300654	1664831

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View details of Trecs's funding rounds and investors

The founders of Trecs is Jen Wee Kang. Jen Wee Kang is the CEO of Trecs.

Here are the details of Trecs' key team members:

Jen Wee Kang: Founder & CEO of Trecs and founder of 1 other company. They serve on the boards of 2 companies.
Contact Info: 1 email address

Trecs' Board of Directors

Trecs's board has 1 active member. Jen Wee Kang is part of team.

Here is the list of Trecs' board of directors:

Name	Type	Representing	Status	Duration
Jen Wee Kang	Team	-	Current	7y 6m

View details of Trecs's Founder profiles and Board Members

Trecs' employee count trend

Trecs has 153 employees as of Apr 26. Here is Trecs's employee count trend over the years:

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Top competitors of Trecs include Vandebron, Digital Grid and Drift. Here is the list of Top 10 competitors of Trecs, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Vandebron 2013, Amsterdam (Netherlands), Acquired	Online marketplace for retail power consumers	$2.24M	Ponooc, SHIFT Invest & 4 others	60/100
2nd	Digital Grid 2017, Chiyoda City (Japan), Public	Provider of transmission and distribution management solutions	$12.4M	Toyota Tsusho, World Innovation Lab & 1 others	50/100
3rd	Drift 2015, Seattle (United States), Series A	Offering solutions for energy trading and tracking	$9.1M	Lerer Hippeau, IA Ventures & 10 others	47/100
4th	Power Ledger 2016, Perth (Australia), Seed	Online platform offering energy trading solutions	-	27th Street Capital, Shell & 17 others	46/100
5th	LO3 Energy 2015, Portland (United States), Series B	Offering blockchain technology for energy trading	$17.6M	Shell, Shell Ventures & 6 others	44/100
6th	Energy Capital & Power 2021, Cape Town (South Africa), Unfunded	Alternative investment platform for energy and power	-	-	43/100
7th	Electrify 2017, Singapore (Singapore), Seed	Elecrticity marketplace on blockchain	-	TEPCO i-Frontiers, ENGIE Factory & 3 others	41/100
8th	Lition 2017, Berlin (Germany), Seed	Provider of blockchain-based mass-market P2P trading platform	$2M	LongHash Ventures, ABC Partners	41/100
9th	Quorum Development 2002, Sedgefield (United Kingdom), Unfunded	Provider of decentralized renewable energy trading software solutions	-	-	41/100
10th	Grid Singularity 2016, Vienna (Austria), Funding Raised	Decentralized energy data exchange platform	-	Team In Residence, i5invest & 2 others	39/100
33rd	Trecs 2018, Singapore, Deadpooled	Provider of marketplace to buy and sell renewable energy certificates	$20K	LongHash Ventures, Tribe & 1 others	32/100