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Igloo Energy is a UK-based energy supplier that leverages smart technology and machine learning to optimize home energy management, aiming for greater efficiency and cost savings for residential customers. The company has grown to serve over 26,000 customers, reporting annual revenues exceeding €1 million. To support its initiatives, Igloo Energy secured £600,000 through a Seedrs equity crowdfunding campaign and received £1 million in R&D funding from BEIS & Innovate UK in August 2018. It strategically partners with technology providers such as Tado to offer integrated smart home solutions, including connected thermostats on a rental basis, with plans for additional home services. The organization was founded in 2016 by Matthew Clemow, who serves as CEO, alongside co-founders Duncan Ellis and Henry Brown.
Igloo Energy has raised $800K across 1 funding round.
Igloo Energy has raised $800K in total across 1 funding round.
Igloo Energy has raised $800K across 1 funding round. Most recently, it raised $800K Seed in February 2019.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 22, 2019 | $800K Seed | Seedrs | — | Announced |
Igloo Energy has raised $800K in total across 1 funding round.
Igloo Energy's investors include Seedrs.
