logo
logo

After Bootstrapping For 15 Years, Energy Renovation Company Effy Raises $22 Million

Mar 30, 2023•over 2 years ago

Amount Raised

$22 Million

ParisEnergy

Investors

Felix Capital

Description

Effy is at a crossroads. The energy renovation company based in France is doing well, but it is addressing a market that is much bigger than anticipated. That’s why it is making a bet. The company just closed a €20 million funding round (roughly $22 million at today’s exchange rate) from Felix Capital

Company Information

Company

Effy

Location

Paris, Texas, United States

About

Make energy renovation work simple and accessible for all French people. white arrow Accelerate the ecological transition, thanks to energy renovation. white arrow Make every effort to accelerate the thermal renovation of housing in France.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Related People