Wegatech
Financials
Estimates*
USD | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | - | - | 1.5m | 7.8m | 11.9m | 17.5m | 15.5m |
% growth | - | - | - | 433 % | 53 % | 47 % | (11 %) |
Profit | (<1m) | (<1m) | (1.2m) | (1.2m) | (4.5m) | (7.2m) | - |
% profit margin | - | - | (83 %) | (15 %) | (38 %) | (41 %) | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | N/A | Angel | |
€2.0m | Series B | ||
* | €10.0m | Late VC | |
Total Funding | AUD20.4m |
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EditWegatech is a company specializing in renewable energy solutions, primarily focusing on integrating solar and heat pump systems for residential properties. The company operates in the renewable energy market, serving homeowners who are looking to reduce their carbon footprint and increase energy efficiency. Wegatech's business model revolves around providing end-to-end solutions, from consultation and planning to installation and maintenance of solar panels and heat pump systems. The company generates revenue through the sale and installation of these systems, as well as through ongoing maintenance services. By leveraging advanced technology and a customer-centric approach, Wegatech aims to make sustainable energy accessible and affordable for its clients.
Keywords: renewable energy, solar systems, heat pumps, sustainable heating, energy efficiency, residential solutions, carbon footprint reduction, installation services, maintenance, advanced technology.