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Reel logo — Rethinking electricity to accelerate the energy transition.

Reel

Rethinking electricity to accelerate the energy transition.

Founded 2020 Denmark Denmark 55 employees Seed Total: $7.45M

General Information

Company Name Reel
Founded Year 2020
Location Denmark Denmark +1
Founders / Decision Makers
Team member
Employees 55
Funding Stage Seed
Social

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About Reel

Reel, founded in 2020, is a Denmark-based company dedicated to transforming the electricity supply and trading sectors to expedite the energy transition. Operating as a Certified B Corporation, Reel adheres to stringent environmental, social, and governance standards validated by an independent party. The firm's main objective is to enhance the impact, stability, and economic viability of renewable energy, benefiting both businesses and energy producers and emphasizing urgent climate action.

The company recently secured a €5.00M Seed investment on 01 January 2024 from prominent investors, including UVC Partners, Transition, The Footprint Firm, Christian Bach, and Daniel Nathan. This funding will likely bolster Reel's efforts to refine its innovative energy solutions and expand its market presence, positioning it as a formidable leader in facilitating the accelerated adoption of renewable energy resources.

Taxonomy: electricity supplier, energy trading, energy transition, climate impact, B Corporation, sustainable business practices, environmental standards, social governance, renewable electricity procurement, business stability in energy, economic value of renewables, energy producer collaboration, impact enhancement, renewable energy growth

Services & Products

Fixed-price electricity from renewable sources
On-site solar and battery optimization
Electricity cost reduction strategies
Tailored energy portfolios

Target Customers

Energy consumers Energy producers Businesses looking to cut energy costs Organizations aiming to meet sustainability targets Companies with on-site solar installations

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Seed •••••• 5
Investor Investor Investor
•••• •••• 		01 Jan 2024
Seed •••••• 5
Investor Investor
•••• •••• 		01 Jul 2022
Grant •••••• 1 •••• •••• 01 Oct 2020

Latest News

View All
Reel secures €5M for its industry-transforming Power Purchase Agreements — Tech
Reel secures €5M for its industry-transforming Power Purchase Agreements
Tech Jan 23, 2024
Copenhagen-based energy tech Reel secures €5 million to disrupt Europe’s electricity market — Eu-startups
Copenhagen-based energy tech Reel secures €5 million to disrupt Europe’s electricity market
Eu-startups Jan 23, 2024
Green arrows for healthtech and Spanish startups: January’s seed wrapup — Sifted
Green arrows for healthtech and Spanish startups: January’s seed wrapup
Sifted Feb 07, 2024
SUMA Wealth grabs $2.2M as its financial platforms reach 1M users — Techcrunch
SUMA Wealth grabs $2.2M as its financial platforms reach 1M users
Techcrunch Feb 07, 2024
The VC behind Europe’s leading startup ecosystem — Sifted
The VC behind Europe’s leading startup ecosystem
Sifted May 06, 2024
Copenhagen’s Reel raises €15 million to make renewable energy predictable for businesses and profita... — Eu-startups
Copenhagen’s Reel raises €15 million to make renewable energy predictable for businesses and profitable for producers
Eu-startups May 08, 2026

Reel Alternatives & Competitors

View All Alternatives
Reel vs
United Energy Endeavors LLC
United Energy Endeavors LLC

Empowering businesses with sustainable energy solutions and renewable electricity.

Energy, Renewable Energy
Reel vs
team energie
team energie

Ihr nachhaltiger Stromanbieter

Reel vs
CleanSky Energy
CleanSky Energy United States

Our mission is to empower people to reduce pollution by making clean energy affordable, simple, and...

57 employees
Energy, Clean Energy
Also compare with: Reel vs Radian Radian Reel vs S&DG Consulting S&DG Consulting Reel vs TRINE TRINE View all alternatives

FAQ About Reel

Rethinking electricity to accelerate the energy transition.
Reel was founded in 2020.
Reel is headquartered in Denmark.
Reel has approximately 55 employees.
Reel has completed 3 funding rounds, raising a total of $7.45M. The latest funding stage is Seed.
Reel offers: Fixed-price electricity from renewable sources, On-site solar and battery optimization, Electricity cost reduction strategies, Tailored energy portfolios.
Top alternatives and competitors to Reel include United Energy Endeavors LLC, team energie, CleanSky Energy, Radian, S&DG Consulting. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Reel and United Energy Endeavors LLC 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.

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