Genie Energy Ltd.

About Genie Energy Ltd.

Genie Energy Ltd. is a domestic retail provider of green and conventional electricity and natural gas supply, as well as on-site and community solar energy solutions, focusing on deregulated markets across the US. The company also collaborates with commercial enterprises and solar developers to plan, finance, design, build, and operate solar projects that maximize the value of solar generation, with a mission to provide intelligent energy solutions for a cleaner world.

Products & Services

Retail Energy:Provides green electricity, carbon offset natural gas, conventionally sourced electricity and natural gas, incentives, rebates, and energy advisory services to homeowners and businesses of all sizes.

Renewable Solutions:Offers community solar programs with guaranteed savings, project finance, customer acquisition, and management for developers, and on-site solar generation for commercial enterprises to lower energy costs, reduce price volatility, and optimize taxes.

Point of Sale and Payment Processing:Through a partnership with National Retail Solutions (NRS), provides point of sale services and low-rate payment processing for retail stores.

Specialties

Renewable Energy Solar Energy Solutions Retail Energy Supply Community Solar Programs Energy Advisory Services

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Debt T: - FT: Debt	A: 7400000 MR: - FA: 7.4 million FAN: 7400000	D: 2024-11-19 FD: 2024-11-19	1 investors

Debt Latest

2024-11-19

$7.4M

1 investor (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Mock Up

Team & Leadership

M

Michael Stein

Chief Executive Officer of Genie Energy; Chief Executive Officer of Genie Retail Energy

A

Avi Goldin

Chief Financial Officer

A

Alan Schwab

President and Chief Operating Officer of Genie Retail Energy

Recent News

Genie Energy Ltd. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised