QuelleEnergie offers an online platform where users answer about 20 questions about their homes to receive tailored recommendations—solar water heaters, timed heating systems, solar panels, and other efficiency measures. The service is currently available only in France and the platform is only in French. The company was founded in 2008 and helped over 80,000 people become more energy efficient last year. Alven Capital has made follow-on investments to support the business, most recently injecting another €1 million. The funding is expected to be used to further develop QuelleEnergie’s offers in France, reinforce marketing efforts, and expand the network of installation partners to about 1,200. The product focus remains on driving practical, localized energy-efficiency improvements for French homeowners. Quelle Energie is an independent consulting firm based in Paris that specializes in energy savings and operates the website QuelleEnergie.fr. The company provides consulting services related to energy efficiency and manages a platform for customers and installers. It raised €500,000 in equity financing. Investors in the round included Alven Capital and business angels who had backed the company since its inception. The company said the new capital will be used to accelerate expansion of its network of installers and to develop new services for customers.

Total raised

$2M

Funding rounds

2

Latest round

Equity

Latest activity

Mar 2011