Tibber, founded in 2016 and headquartered in Norway, is making waves in the energy and energy efficiency industries with its smart approach to electricity consumption. The company's slogan, "Your smart energy company," encapsulates its vision to revolutionize the way individuals purchase and use electricity. Tibber's recent success is evident from the €90.00M Series C investment it secured on 09 March 2022, with prominent backers including Balderton Capital, Eight Roads Ventures, Schibsted Growth, and Summa Equity. Tibber's disruptive business model centers around leveraging smart technology to replace traditional power companies. Through their app, the company not only provides affordable, environmentally friendly energy but also helps consumers optimize their usage for cost savings and environmental sustainability. As a result, Tibber is not just changing the way electricity is bought and utilized but also contributing to a greener planet and more financially sustainable lifestyles.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series C | €90.00M | 4 | 09 Mar 2022 | |
Series B | $30.00M | 3 | 17 Nov 2020 | |
Debt Financing | $35.00M | 1 | 17 Nov 2020 | |
Grant | kr13.50M | - | 01 Aug 2019 | |
Series A | $12.00M | 2 | Zachary Hargreaves | 19 Mar 2019 |