Econic logo — Econic makes buildings sustainable via heat and energy syste...

Econic

Econic makes buildings sustainable via heat and energy systems, offering finance solutions without expensive equipment.

Founded 2017 51-200 employees Debt Financing Total: $125.00M Energy, Real Estate +1

General Information

Company Name Econic
Founded Year 2017
Employees 51-200
Industries Energy, Real Estate, Sustainability
Funding Stage Debt Financing
Social

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About Econic

Econic, established in 2017 and based in the Netherlands, is dedicated to enhancing the sustainable attributes of buildings. Through the provision and maintenance of sustainable heat and energy systems, Econic offers a viable alternative to the costly equipment traditionally associated with sustainable living. The company's financing options alleviate the need for substantial initial investments in items such as home batteries, heat pumps, EV charging stations, and solar panels, making sustainability more accessible to homeowners. Furthermore, project developers and building owners can reduce construction expenses significantly through Econic's solutions. This innovative approach has attracted substantial support, with the most recent investment being a €85.00M Debt Financing round on 12 December 2022. The investors in this round included ASR Nederland, Triodos Bank NV, Rabobank, and Meewind. With a focus on the intersecting industries of energy, real estate, and sustainability, Econic's forward-thinking business model positions it well for continued growth and success in the evolving market landscape.

Business keywords: Sustainable Energy, Heat Systems, Finance Solutions, Netherlands, Home Sustainability, Energy Efficiency, Smart Technology, Startup, Renewable Technology, Building Sustainability

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing €85.00M 4
ASR Nederland, Triodos Bank NV +2
12 Dec 2022
Venture Round €40.00M 3
Rinkelberg Capital, Rabo Investments +1
12 Dec 2022

Econic Alternatives & Competitors

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FAQ About Econic

Econic makes buildings sustainable via heat and energy systems, offering finance solutions without expensive equipment.
Econic was founded in 2017.
Econic operates in Energy, Real Estate and Sustainability. Its work centres on Sustainable Energy, Heat Systems, Finance Solutions and Netherlands.
Econic has approximately 51-200 employees.
Econic has completed 2 funding rounds, raising a total of $125.00M. The latest funding stage is Debt Financing.
Top alternatives and competitors to Econic include Hello Watt, Borg Energy Storage, RumiTech, Sustainability Creative Co., RENERGIA. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Econic and Hello Watt are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Econic, https://bouncewatch.com/company/econic, updated 12 November 2024. When citing, please name BounceWatch and link this page.

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