# Shenzhen Energycoo Technlogy Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shenzhen-energycoo-technlogy-co

- Industry: Heating, Cooling & Ventilation Equipment and Services
- Headquarters: Shenzhen, China
- Website: www.energycoo.com
- Latest round: Series A (Apr 14, 2021)
- Investors on record: 1

## About

Shenzhen Energycoo Technology Co., Ltd. is a China-based company focused on providing innovative energy solutions that optimize energy consumption while enhancing sustainability through advanced management systems.Founded in 2016 in Shenzhen, China, Shenzhen Energycoo Technology Co., Ltd. specializes in energy management solutions. The company has executed 2 deals with its most recent funding round occurring on April 14, 2021.EnergyCoo specializes in delivering innovative energy solutions designed to optimize energy consumption and enhance sustainability. Their core product offerings include advanced energy management systems, which enable businesses and consumers to monitor and control their energy usage in real-time. These systems serve a diverse range of end users, including commercial enterprises, industrial sectors, and residential customers, aiming to reduce energy costs and minimize environmental impact. EnergyCoo's products are engineered to integrate seamlessly with existing infrastructure, providing insights through intuitive interfaces and ensuring that clients can make informed decisions about their energy consumption. The company actively markets its solutions in North America and Europe, where there is a growing demand for energy efficiency and renewable energy technologies.EnergyCoo generates revenue through a subscription-based model for its energy management systems, as well as partnerships with various service providers in the energy sector. Clients typically enter into contractual agreements that include initial setup fees followed by recurring monthly or annual fees based on usage levels. The company’s flagship products, which are backed by proprietary technology, contribute significantly to its revenue through direct sales and B2B arrangements with businesses looking to implement energy-efficient practices. Retailers and wholesalers also play a role in the distribution of EnergyCoo’s solutions, further expanding its market reach. This transaction structure facilitates a steady cash flow while allowing clients to benefit from scalable solutions that adapt to their specific energy needs.In April 2021, Shenzhen Energycoo Technlogy Co.,Ltd. raised SERIES A+ funding from new investor Plum Ventures to support its growth initiatives. The company plans to introduce new products and expand its market presence, specifically targeting additional regions in North America and Europe by the end of 2023.

## Funding rounds

- Series A, Apr 14, 2021 — Plum Ventures

## Investors

- Plum Ventures (https://capitalatlas.ai/funds/plum-ventures) — Series A