Hometree

Hometree enables sustainable, stress-free living in the home

General Information
Company Name
Hometree
Founded Year
2015
Location (Offices)
London, United Kingdom +1
Founders / Decision Makers
Number of Employees
119
Industries
Energy Efficiency
Funding Stage
Debt Financing
Social Media

Hometree - Company Profile

Hometree is a UK-based energy efficiency startup with a mission to facilitate a smooth transition to net zero by providing sustainable home energy services. The company specializes in fixing, installing, and financing home energy hardware to assist homeowners in embracing low-carbon living. Hometree acknowledges the prevalent challenges in the UK's home heating sector, particularly the significant carbon emissions and the high costs associated with transitioning to low-carbon alternatives. The startup's approach is to offer comprehensive support to homeowners as they navigate this transition, starting with boiler and home emergency cover and expanding to include installation and financing of low-carbon home energy hardware.

Founded in 2016, Hometree has positioned itself as a crucial player in the effort to transform the way homes are heated. The company recently secured a significant £250.00M debt financing investment on 14 June 2024, with Barclays as the investor. This funding will likely fuel Hometree's expansion and enable the startup to further develop and introduce new products and services, ultimately contributing to a cleaner and brighter future for UK homeowners.

Taxonomy: Sustainable Living, Net Zero Transition, Home Energy Services, Home Improvement, Energy Efficiency, Boilers, Heating Solutions, Homecover, Green Finance

Funding Rounds & Investors of Hometree (9)

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Funding Stage Amount No. Investors Investors Date
Debt Financing £250.00M 1 14 Jun 2024
Debt Financing £7.50M 1 15 Apr 2024
Series B $46.00M 8 Frank Strauss 30 Dec 2022
Funding Round £12.00M 4 Michael Pennington 01 Jul 2021
Venture Round Unknown 1 01 Feb 2019

View All 9 Funding Rounds