Bidgely
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 39.8m | 39.8m | 42.0m | 48.2m | 49.0m |
% growth | - | - | 6 % | 15 % | 2 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Early VC | ||
$3.0m | Seed | ||
$5.0m | Series A | ||
$5.0m | Early VC | ||
$16.6m | Series B | ||
* | $27.0m | Series C | |
* | N/A | Support Program | |
$8.0m Valuation: $135m | Late VC | ||
$2.0m Valuation: $135m | Late VC | ||
$26.0m | Late VC | ||
* | $18.0m Valuation: $130m | Late VC | |
Total Funding | €101m |
Recent News about Bidgely
EditBidgely is a startup focused on accelerating a clean energy future by helping utilities and consumers make informed energy decisions using data. The company operates in the energy analytics market, providing solutions that break down energy usage data to a very detailed level, known as energy disaggregation. This means they can identify how much energy different appliances in a home or business are using.
Bidgely serves a variety of clients, including utility companies, small and medium-sized businesses (SMBs), and individual consumers. Their main goal is to help these clients save energy and reduce costs. For utilities, Bidgely offers tools to manage energy demand and improve customer engagement. For SMBs and consumers, they provide easy-to-use energy audits and personalized energy-saving recommendations.
The company’s business model revolves around selling software solutions and analytics services. They make money by licensing their technology to utility companies and other businesses. These clients use Bidgely’s tools to analyze energy consumption patterns, forecast demand, and implement energy-saving programs. Bidgely also offers specialized services like virtual energy assessments and smart alerts powered by artificial intelligence (AI).
Bidgely's technology includes features like Home Energy Reports, Enterprise Analytics, and EV (Electric Vehicle) Analytics. They also provide solutions for gas usage, electrification, and decarbonization efforts. Their AI-powered platform, UtilityAI™, helps utilities personalize customer interactions and optimize grid management.
In summary, Bidgely is a data-driven energy analytics company that helps utilities and consumers save energy and reduce costs through detailed energy usage insights and personalized recommendations.
Keywords: Energy Analytics, Utilities, AI, Energy Disaggregation, Cost Savings, SMBs, Virtual Audits, Decarbonization, Electrification, Demand Management.