Reel

Reel

Democratizes the renewable energy market by making it possible for groups of SMEs to act as one synthetic large company and enter into a PPA.

  • Edit
Get premium to view all results
DateInvestorsAmountRound
-investor

€0.0

round
investor

€0.0

round
investor investor investor investor investor

€0.0

round
*

€5.0m

Seed
Total Funding000k

Financials

Estimates*

Get premium to view all results
Edit
Revenues, earnings & profits over time
USD2021202220232024
Revenues0000000000000000
EBITDA0000000000000000
Profit0000000000000000
EV0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x
R&D budget0000000000000000

Source: Company filings or news article

Notes (0)
More about Reel
Made with AI
Edit

Reel Energy is a forward-thinking startup revolutionizing the renewable energy sector. The company specializes in facilitating Power Purchase Agreements (PPAs), which are long-term contracts between energy producers and consumers. Reel Energy's primary clients are businesses looking to transition to renewable energy sources, reduce their carbon footprint, and achieve sustainability goals. The company operates in the European market, with successful projects in the UK, Poland, and plans for further expansion.

Reel Energy's business model is built on leveraging advanced technology to simplify and streamline the process of signing PPAs. This technology enables companies to select the most suitable renewable energy options based on their specific energy consumption, budget, and risk tolerance. By doing so, Reel Energy makes it easier and more attractive for businesses of all sizes to commit to long-term, sustainable energy agreements.

The company generates revenue by facilitating these agreements and likely charges a fee for its services, which may include consulting, technology access, and ongoing support. By positioning itself as a necessary challenger to traditional energy providers and monopolies in the PPA market, Reel Energy is carving out a niche for itself as a leader in the renewable energy transition.

In summary, Reel Energy is making significant strides in the renewable energy market by offering businesses a streamlined, technology-driven approach to signing PPAs. This not only helps companies reduce their CO2 emissions but also supports broader environmental and climate goals.

Keywords: Renewable Energy, Power Purchase Agreements, Sustainability, Technology, Carbon Footprint, European Market, Business Clients, Long-term Contracts, Energy Transition, Environmental Impact.

Analytics
Unlock the full power of analytics with a premium account
Track company size and historic growth
Track team composition and strength
Track website visits and app downloads

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.
Book a Demo