Hometree

Hometree is a residential energy services company paving the way for a brighter future by making renewable energy in the home more affordable and accessible for millions of people.

Hometree's mission is to help mitigate the climate emergency by making renewable energy solutions in the home more accessible to millions of people.

Hometree was founded in 2016 by Simon Phelan. The company is headquartered in London, United Kingdom.

 

Hometree is leading the way in pioneering the future residential energy services model. Hometree started its journey in the home cover market, helping customers keep their homes warm and working by protecting some of their most essential assets from breaking down.

 

Hometree offers a range of products and services under its three business divisions (Home Services, Energy Services and Financial Services), supporting the full life cycle of sustainable homeownership, helping people install, manage and finance renewable energy solutions that enable sustainable, stress-free living.

 

Hometree has also acquired BeWarm, a green home improvement financing platform offering green loans, leases and mortgage further advances.

 

Hometree is backed by DN Capital, Anthemis, Energy Impact Partners, Silicon Valley Bank, Inven Capital, FJ Labs, Oxford Capital, 2150, Legal & General Capital, Literacy Capital, Gumtree Founder Michael Pennington, and others. The company raised $46M (£36.7M) in a Series B round on Apr 12, 2023. This brings $77.9M to date.

 

 

  • Year founded: 2016
  • Funding Info: $77.9M over 4 Rounds (Latest Funding Type: Series B)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: London
  • State: London
  • Country: United Kingdom
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