# Energreen

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/energreen

- Industry: Renewable Energy
- Headquarters: Sandnes, Norway
- Website: www.energreen.no
- Total disclosed funding: $7.6M
- Latest round: Series A (Sep 2, 2008)
- Investors on record: 1

## About

Energreen specializes in renewable energy solutions, focusing on enhancing energy efficiency and sustainability through innovative technology.Energreen operates in the renewable energy sector, providing advanced energy management systems and renewable energy generation technologies. The company is headquartered in Sandnes, Norway. Founded by Josué Cabrera, it has received a total funding of NOK 45.000 mn from investors including EV Private Equity in its LATEST ROUND: Series A. The company has completed a total of 2 deals, with the most recent deal being on 1 June 2013.Energreen is positioned in the renewable energy sector, focusing on innovative solutions that enhance energy efficiency and sustainability. The company’s core offerings primarily revolve around advanced energy management systems and renewable energy generation technologies. These products are designed to optimize energy consumption for both commercial and residential clients, addressing the growing need for sustainable energy solutions in various sectors. End users include businesses looking to reduce operational costs through energy efficiency, as well as homeowners seeking to adopt cleaner energy solutions. Energreen's products are marketed and sold across various geographical markets, including Europe and North America, catering to an increasingly eco-conscious consumer base.The revenue model for Energreen encompasses a combination of direct sales and subscription services associated with its energy management solutions. Transactions with clients typically involve direct-to-consumer sales for residential products and business-to-business agreements for commercial offerings, facilitating a diverse revenue stream. Clients may enter into long-term partnerships, ensuring ongoing revenue through subscription services for software that manages energy consumption and efficiency. Pricing structures are tailored to different customer segments, with specific packages designed to cater to both individual consumers and larger enterprises, ensuring a comprehensive approach to energy management. The transactions reflect the company's commitment to delivering value through its flagship products, which are engineered to meet the distinct needs of its varied client base.Energreen aims to expand its product line with upcoming innovations in energy management systems set for release by the end of 2024. The company plans to penetrate new markets in South America and Asia by 2025, supported by its recent funding of NOK 45.000 mn, which will be allocated towards research and development and market entry strategies. Following the divestment of EV Private Equity's stake in 2013, the company is positioned to leverage new investments for growth.

## Funding rounds

- Series A, Sep 2, 2008, $7.6M — EV Private Equity

## Investors

- EV Private Equity (https://capitalatlas.ai/funds/ev-private-equity) — Series A