Econic

About

Econic specializes in renewable energy and sustainability solutions through installing and maintaining heat and energy systems for houses.

Amsterdam,Noord-Holland,The Netherlands
11 - 50
https://econic.homes/

Highlights

Details

Last Funding Type: Series Unknown
Last Funding Money Raised: €40M
Industries: Energy,Energy Management,Home Improvement,Real Estate,Sustainability
Founded date: Jan 1, 2017
Number Of Employee: 11 - 50
Operating Status: Active

Econic improves the sustainability of homes and buildings by installing and maintaining sustainable heat and energy systems for a fixed monthly fee. Homeowners no longer need to invest in costly equipment such as heat pumps, solar panels, home batteries, and EV charging stations thanks to its various (finance) solutions. It also allows project developers and building owners to drastically cut construction costs.

The company was founded in 2017 and is based in Amsterdam, Netherlands.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

2

€125M

Econic has raised a total of €125M in funding over 2 rounds. Their latest funding was raised on Dec 12, 2022 from a Series Unknown round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 12, 2022	Series Unknown	€40M	3	—	—	Detail
Dec 12, 2022	Debt Financing	€85M	4	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

—

6

Econic is funded by 6 investors. Meewind and Rabo Investments are the most recent investors.

Investor Name	Lead Investor	Funding Round
Meewind	—	Series Unknown
Rabo Investments	—	Series Unknown
Rinkelberg Capital	—	Series Unknown
ASR Nederland	—	Debt Financing
Rabobank	—	Debt Financing
Triodos Bank NV	—	Debt Financing