OverviewSuggest Edit

Open Energi is a provider of a demand technology platform that manages electricity consumption in real time. It serves industrial, education, retail, and supply chain, charitable trust, construction, utility, battery energy storage, and public sectors.

TypePrivate
Founded1999
HQLondon, GB
Websiteopenenergi.com
Employee Ratings3.1

Latest Updates

Employees (est.) (Nov 2020)36(-2%)
Revenue (FY, 2018)£416.7 K(-66%)
Cybersecurity ratingAMore

Key People/Management at Open Energi

Tom Saul

Tom Saul

CFO
Michael Bironneau

Michael Bironneau

Technical Director
Ged Holmes

Ged Holmes

Managing Director
Robyn Lucas

Robyn Lucas

Head of Data Science
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Open Energi Office Locations

Open Energi has an office in London
London, GB (HQ)
239 Old Marylebone Rd, Marylebone
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Open Energi Financials and Metrics

Summary Metrics

Founding Date

1999

Open Energi total Funding

$8.5 m

Open Energi latest funding size

$8.05 m

Time since last funding

8 years ago

Open Energi investors

Open Energi's latest funding round in October 2012 was reported to be $8.1 m. In total, Open Energi has raised $8.5 m
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Open Energi Revenue

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Open Energi's revenue was reported to be £416.73 k in FY, 2018
GBP

Revenue (FY, 2018)

416.7k

Gross profit (FY, 2018)

2.4k

Gross profit margin (FY, 2018), %

0.6%

Net income (FY, 2018)

(3.4m)

EBIT (FY, 2018)

(3.8m)

Cash (31-Dec-2018)

2.1m
GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

165.7k595.9k764.1k1.3m416.7k

Revenue growth, %

28%64%

Cost of goods sold

361.5k412.1k1.3m1.6m414.3k

Gross profit

(195.8k)183.8k(538.5k)(298.8k)2.4k
GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

1.4m475.3k248.9k4.8m2.1m

Accounts Receivable

120.7k29.1k34.7k131.7k24.2k

Inventories

567.0k630.0k474.4k331.4k356.7k

Current Assets

3.0m1.9m2.2m6.1m3.2m
GBPFY, 2014

Financial Leverage

14.2 x
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Open Energi Operating Metrics

Feb, 2019Sep, 2019

Energy Assets Connected to Date

3.50 k3.50 k

Operational Assets, MW

73

Sites Connected to Date

400 400

Switches With Zero Disruption Carried to Date

60 m
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Open Energi Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

SecurityScorecard logo

Open Energi Online and Social Media Presence

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Open Energi Blogs

Zenobe teams up with Open Energi and Erova for automated energy optimisation and trading system

Zenobe Energy is to enter a new battery into the Balancing Mechanism (BM) as part of an optimisation deal with Open Energi and Erova Energy. The companies are to launch what they are lauding as the UK’s first fully automated energy optimisation and trading system at Zenobe’s 10MW battery at the Hill…

What lockdown has taught us about the future electricity system

The post What lockdown has taught us about the future electricity system appeared first on Open Energi.

Manual vs Automated Trading

The post Manual vs Automated Trading appeared first on Open Energi.

Solar plus storage – The benefits of co-location

The post Solar plus storage – The benefits of co-location appeared first on Open Energi.

UK Onshore Wind

Sunset for subsidies and a new day for batteries Nearly all of the UK’s renewables generation was developed with the help of subsidies: feed-in-tariffs, the renewables obligation (RO) scheme and contract-for-difference auctions.   The gradual sunsetting of these incentives makes it a time of seismic…

The Open Energi Podcast – Lessons from the 2019 Blackout

The blackout that struck the UK on the 9th of August 2019 was a once in a decade event: a lightning strike causing near simultaneous drops in output from both a conventional gas power plant and the UK’s largest offshore windfarm. This led to widespread blackouts and travel chaos in London as passeng…
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Open Energi Frequently Asked Questions

  • When was Open Energi founded?

    Open Energi was founded in 1999.

  • Who are Open Energi key executives?

    Open Energi's key executives are Tom Saul, Michael Bironneau and Ged Holmes.

  • How many employees does Open Energi have?

    Open Energi has 36 employees.

  • What is Open Energi revenue?

    Latest Open Energi annual revenue is £416.7 k.

  • What is Open Energi revenue per employee?

    Latest Open Energi revenue per employee is £11.6 k.

  • Who are Open Energi competitors?

    Competitors of Open Energi include Enbala Power Networks, Conjoule and Sunverge Energy.

  • Where is Open Energi headquarters?

    Open Energi headquarters is located at 239 Old Marylebone Rd, Marylebone, London.

  • Where are Open Energi offices?

    Open Energi has an office in London.

  • How many offices does Open Energi have?

    Open Energi has 1 office.