# Hohm Energy

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

- Industry: Renewable Energy
- Headquarters: Gauteng, South Africa
- Website: www.hohmenergy.co.za
- Total disclosed funding: $12M
- Latest round: Seed (Feb 22, 2024)
- Investors on record: 9

## About

Founded in 2021 and based in Gauteng, South Africa, Hohm Energy operates as a solar installation and engineering firm that offers clean energy solutions and software solutions. The company was founded by Tim Ohlsen and Emir Gluhbegovi. In February 2024, Hohm Energy raised USD 8 million in seed funding, co-led by E3 Capital Partners and 4DX Ventures.

Hohm Energy offers solar energy solutions for homes and businesses in South Africa. The company also offers an online software platform and marketplace that connects customers with accredited solar installers and product suppliers. The company also offers a variety of services to help customers with the installation and maintenance of their solar energy systems, including consultations, design, installation, commissioning, and maintenance. They offer a variety of solar panel kits that can be financed through a home loan, subscription, or outright purchase.

The company monetizes on subscription-based pricing plans, and the plans include Flash Plus (ZAR 1,350), Spark Plus (ZAR 1,699), Glow (ZAR 2,850), and Shine (ZAR 3,750).

The company will use the funding to expand the company's product offering in all areas. This will include technological advancements, product innovation, and skill development for solar installers.

## Funding rounds

- Seed, Feb 22, 2024, $8M — 4DX Ventures, E3 Capital Partners
- Seed, Oct 1, 2022, $4.3M — Tekton Ventures, Breega, 4DX Ventures, E3 Capital Partners, Sunu Capital, TO.org, Musha Ventures, E4E Africa, Climate Capital

## Investors

- Tekton Ventures (https://capitalatlas.ai/funds/tekton-ventures) — Seed
- Breega (https://capitalatlas.ai/funds/breega) — Seed
- 4DX Ventures (https://capitalatlas.ai/funds/4dx-ventures) — Seed
- E3 Capital Partners (https://capitalatlas.ai/funds/e3-capital-partners) — Seed
- Sunu Capital (https://capitalatlas.ai/funds/sunu-capital) — Seed
- TO.org — Seed
- Musha Ventures (https://capitalatlas.ai/funds/musha-ventures) — Seed
- E4E Africa (https://capitalatlas.ai/funds/e4e-africa) — Seed
- Climate Capital (https://capitalatlas.ai/funds/climate-capital) — Seed