Troo
Latest round
- Seed
Last raised
- Oct 2018
Total raised
- $0.7M
Investors
- 1
About Troo
Troo Ltd, founded in 2018 by Andrew Richardson, Nicola Fitzgerald, and Rachel Richardson, operates from Sunderland, UK. Troo is a business energy brokerage firm specializing in tailored solutions for companies aiming to optimize their energy expenditures. It offers comprehensive energy procurement services for gas, electricity, water services, and renewable options. Acting as an intermediary between businesses and over 20 energy suppliers, Troo helps clients identify optimal energy contracts tailored to their unique requirements, servicing a diverse clientele, particularly small to medium-sized enterprises within the UK market. Troo's revenue model is based on its brokerage services, facilitating energy contracts between businesses and suppliers. The firm engages in B2B transactions, assisting clients in securing competitive energy deals while providing ongoing consulting services. Revenue is derived from commissions paid by energy suppliers for successful contracts negotiated on behalf of clients. Its additional service, 'Troo Assure', includes offerings like bill checking and energy efficiency advice, enhancing client value without hidden fees.
Who invested in Troo
1 investor across 1 round
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Funding rounds
Seed
Oct 8, 2018
Amount
$0.7M
Investors
Questions about Troo
Who invested in Troo?
Troo has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Troo raised?
Troo has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Troo last raise money?
Troo's most recent round on record is a Seed, in Oct 2018.
What does Troo do?
Troo Ltd, founded in 2018 by Andrew Richardson, Nicola Fitzgerald, and Rachel Richardson, operates from Sunderland, UK.
Where is Troo headquartered?
Troo is headquartered in Sunderland, UK.
Which VCs invest in companies like Troo?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back internet companies at Troo's stage. Their profiles are linked below.
VCs backing internet startups at Seed
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