Wetility Proprietary
Latest round
- Series C
Last raised
- Jun 2023
Total raised
- $48M
Investors
- 3
About Wetility Proprietary
Wetility Proprietary Limited was founded in 2019 and operates out of Sandton, South Africa. The company focuses on solar energy solutions, catering to various customer needs.Wetility specializes in providing solar energy solutions tailored to various customer needs, primarily in South Africa. The company’s core product offerings include solar bundles designed for residential and commercial use, helping customers manage their electricity costs. These bundles feature various configurations, such as the PACE BACKUP, PACE CORE, PACE XTRA, and PACE MEGA, with setups ranging from basic 5kW inverter configurations for households with electrical bills under R1,500 to advanced options for those exceeding R7,000.Wetility generates revenue through subscription-based models associated with its solar product offerings, allowing customers to access solar energy solutions with manageable monthly payments. Pricing varies by bundle, with plans such as PACE BACKUP available for ZAR 1,099 per month and PACE MEGA for ZAR 4,529 per month. These fees cover the necessary equipment, including solar panels and batteries, along with installation services. The company plans to focus on launching new solar products and expanding into broader markets within the region as part of its growth strategy.
Who invested in Wetility Proprietary
3 investors across 1 round
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Funding rounds
Series C
Jun 1, 2023
Amount
$48M
Investors
Questions about Wetility Proprietary
Who invested in Wetility Proprietary?
Wetility Proprietary has 3 investors 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 Wetility Proprietary raised?
Wetility Proprietary has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Wetility Proprietary last raise money?
Wetility Proprietary's most recent round on record is a Series C, in Jun 2023.
What does Wetility Proprietary do?
Wetility Proprietary Limited was founded in 2019 and operates out of Sandton, South Africa.
Where is Wetility Proprietary headquartered?
Wetility Proprietary is headquartered in Sandton, South Africa.
Which VCs invest in companies like Wetility Proprietary?
Among active investors with capital left to deploy, WestBridge Capital Partners, Ventures Platform, Persistent Energy Capital and Norrsken22 back renewable energy companies at Wetility Proprietary's stage. Their profiles are linked below.
VCs backing renewable energy startups at Series C
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