Utilifeed
Financials
Estimates*
EUR | 2018 | 2019 | 2020 | 2021 | 2023 |
---|---|---|---|---|---|
Revenues | <1m | <1m | <1m | <1m | 2.6m |
% growth | - | 56 % | 150 % | (39 %) | - |
Profit | (<1m) | (<1m) | (<1m) | (<1m) | - |
% profit margin | (10 %) | (8 %) | (5 %) | (194 %) | - |
Date | Investors | Amount | Round |
---|---|---|---|
* | SEK21.0m | Early VC | |
Total Funding | $2.5m |
Recent News about Utilifeed
EditUtilifeed operates in the energy sector, focusing on transforming district energy utilities into smart control hubs to improve efficiency and sustainability. The company serves district heating utilities, providing them with integrated platforms that consolidate data from various sources to enhance decision-making and operational efficiency. Utilifeed's business model revolves around offering software solutions that enable better management of energy systems, thereby reducing CO2 emissions and promoting a more flexible energy infrastructure. Revenue is generated through subscription fees for their platform and services. The company is committed to continuous research and development to stay at the forefront of smart energy systems, ensuring their solutions evolve with the industry's needs.
Keywords: district heating, energy efficiency, smart control hubs, integrated platforms, CO2 reduction, sustainability, data consolidation, operational efficiency, subscription model, energy infrastructure.