Upside Energy
Upside Energy has developed technology to aggregate energy stored in devices owned by households and businesses, such as heating systems, in order to manage electricity demand on the national grid at peak times.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor investor | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
| GBP | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | - | - | - | 72 % | 234 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | - | - | - | (1 %) | (299 %) | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | - | - | (652 %) | (465 %) | (126 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
Upside Energy is a pioneering company in the smart energy management sector, leveraging advanced algorithms and artificial intelligence to optimize energy demand and supply. The company operates in the renewable energy market, providing solutions that help reduce reliance on fossil fuels and support the transition to a more sustainable energy system. Upside Energy's core product is a cloud-based platform that manages demand response for over 100,000 devices simultaneously, enabling the electricity grid to handle fluctuations and peak usage more effectively. This platform not only supports grid stability but also opens up additional revenue streams for customers while significantly reducing their energy costs and carbon emissions.
The business model of Upside Energy revolves around offering its digital solutions to a variety of clients, including utility companies, commercial enterprises, and residential customers. By providing a way to capitalize on new opportunities in the renewable energy space, the company helps its clients achieve greater efficiency and sustainability in their energy usage. Upside Energy generates revenue through subscription fees for its platform, as well as through performance-based incentives tied to the energy savings and revenue generated for its clients.
Keywords: smart energy management, AI-driven demand response, renewable energy, grid optimization, carbon reduction, cloud-based platform, energy efficiency, utility companies, commercial enterprises, residential customers.