# Diverse Energy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/diverse-energy

- Industry: Power & Utilities
- Headquarters: UK
- Website: www.diverse-energy.com
- Total disclosed funding: $4.4M
- Latest round: Series A (Dec 7, 2010)
- Investors on record: 1

## About

Diverse Energy is a technology company focused on delivering innovative software solutions that enhance operational efficiency for businesses across various sectors.Diverse Energy specializes in advanced software solutions aimed at improving business operations. The company was founded in the UK and has not undergone any significant pivots in strategy. Its Series A funding round in December 2010 raised GBP 2.80 mn from Octopus Investments, valuing the firm at GBP 9.80 mn. The company has completed one deal since its inception.Diverse Energy offers a core suite of cloud-based software products designed to streamline processes and improve operational efficiency for businesses. Their platform, launched in 2020, integrates project management, real-time collaboration, and analytics tools, serving small to medium-sized enterprises across North America, Europe, and Asia. Additional services include customer support and training to maximize product utilization.The revenue model is subscription-based, with clients choosing from tiered pricing plans that suit their needs. Payments occur monthly or annually, with larger companies often selecting premium plans that offer advanced features. This approach ensures predictable revenue and fosters long-term client relationships while allowing for ongoing product updates and enhancements.Diverse Energy plans to leverage its recent funding of GBP 2.80 mn from the Series A round to support the development of new products and expand into new geographic markets. Specific plans include broadening operations within North America and entering the Asian market by the end of 2023. The funding will be utilized to enhance product features and increase market penetration.

## Funding rounds

- Series A, Dec 7, 2010, $4.4M — Octopus Investments

## Investors

- Octopus Investments (https://capitalatlas.ai/funds/octopus-investments) — Series A