EET

Private

GrazEnergy & Sustainabilityhttps://www.eet.energy/at/

Last Round

Series A

Aug 4, 2023

Total Funding Raised

$8.91M

Company Overview

EET is a renewable energy technology company that develops and commercializes residential energy metering solutions and plug-and-play solar power storage systems.

Sector

Energy & Sustainability

Verticals

Renewable Energy, Energy Storage, Energy Management, Consumer Electronics, Sensors

Business Model

B2C

Customer Profile

Hardware Sales, Data as a Service, Hardware + Subscription

AI Layer

Infrastructure

Keywords

plug-in solarsolar with battery storagebalcony solarbalcony power plantVirtual Meterenergy self-consumptionenergy meteringOEM technology licensingsolar for rentersDIY solarresidential energy storageembedded machine learningfirmware licensingPCBA

Historical Pricing

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Caplight Momentum Score

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EET Comps

Public and private peers based on sector, stage, and business model.

Company	Status	Est. Valuation	Rev Multiple
OpenAI	Private	$86.0B	~40x
Cohere	Private	$5.0B	--
Competitor 1	Public	$XX.XB	XXx
Competitor 2	Public	$XX.XB	XXx

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EET Funding Rounds

Historical fundraising activity

Round	Date	Amount Raised	Valuation	Investors	Sources
Series A	Aug 4, 2023
Grant	Feb 9, 2023
Crowdfunding	Nov 23, 2018
Grant	Sep 1, 2018
Accelerator	May 1, 2017

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Key People

Founding team and executive leadership

Mark Reijerkerk

Chief Executive Officer

Executive Team

Tom Smet

CPO CTO

Executive Team

EET Investors

Notable investors and investment history

Investor	Rounds
European Commission	Grant
FFG Austrian Research Promotion Agency	Grant
Statkraft Ventures	Series A
Eurostars SME programme	Grant
Vinnova	Grant
Social Business Hub Styria	Accelerator
Science Park Graz	Accelerator

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Market signals

Structured signals derived from secondary market and firmographic data.

Dec 4, 2023
Grew 31% QoQ, from 36 to 47 employees.
Nov 21, 2023
Grew 31% QoQ, from 36 to 47 employees.

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EET Filings

SEC and related filings with document metadata.

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EET Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersGraz

Employee Range32

Year Founded2017

Last FundingAug 4, 2023

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