Investors fuel energy start-up to tune of €2.1m

Hometree was cofounded by Dubliner Simon Phelan

2nd July, 2017
Simon Phelan, chief executive of Hometree

An energy start-up cofounded by Dubliner Simon Phelan has raised £1.9 million (€2.1 million) from four venture capital investors who have previously backed some of Europe’s most successful technology companies including Zoopla, Shazam, TransferWise and Purplebricks.

The venture capital funds LocalGlobe, DN Capital, Oxford Capital and FJ Labs have all invested in Hometree, which has developed an online platform to target the home boiler market.

Hometree previously raised £300,000 from the Irish fund...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Tom Maguire: Tax changes we make now could help business for years

More Business Tom Maguire 9 months ago

The Daily Briefing

The Daily Briefing