THG Energy

0 statements across 0 episodes · 5 bullish · 0 bearish · 1 people on the record · first statement Mar 16, 2023 by Daniel Fry · said 9 times in 1 episodes since 2023 · across every show →

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2023 9 mentions in 1 episode

$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions Mar 16, 2023 · 9 mentions · from 1:26
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Everything said about THG Energy, oldest first

Mar 16, 2023 neutral

Disclosure

THG Energy operates 20,000 active meters across 1,000 customers

“So we've got 20,000 active accounts that, that we gather that five dollar meter on, and that, that's probably about a thousand customers.”

Daniel Fry Mar 16, 2023 ▶ 9:21 $4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

Mar 16, 2023 neutral

Assertion Not checkable as stated

THG Energy closed 2022 at $2 million in ARR

“So all in we're, we closed the year at right at two million dollars of annual recurring revenue.”

Daniel Fry Mar 16, 2023 ▶ 12:09 $4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

Mar 16, 2023 bullish

Disclosure

THG Energy is actively raising an additional $6 million round

“We're in the process of raising another six million dollars that will accelerate this growth that we see in front of us.”

Daniel Fry Mar 16, 2023 ▶ 15:12 $4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

Mar 16, 2023

Disclosure

THG Energy charges $5 per utility meter per month

“Per, per utility meter that, that we're measuring and managing.”

Daniel Fry Mar 16, 2023 ▶ 6:19 $4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

Mar 16, 2023 bullish

Prediction Not checkable as stated

THG Energy projects reaching $4 million ARR by late 2023

“So we should end up the year by at the end of 20, 23 somewhere in the range of four million dollars of annual recurring revenue.”

Daniel Fry Mar 16, 2023 ▶ 12:24 $4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

Mar 16, 2023 bullish

Assertion Not checkable as stated

THG Energy manages over 300,000 accounts across 20 countries

“We start with utility bills and we work with more than 300,000 accounts. Commercial, industrial multi-facility accounts. We're in all 50 states and we're in 20 countries.”

Daniel Fry Mar 16, 2023 ▶ 2:36 $4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

Mar 16, 2023 positive

Disclosure

George Kaiser Family Foundation backed THG Energy's seed round

“We have a great capital partner currently George Kaiser Family Foundation, six billion dollar foundation that's funded our seed round, and has continued to support us as needs come along.”

Daniel Fry Mar 16, 2023 ▶ 17:06 $4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

Mar 16, 2023

Disclosure

THG Energy previously raised $10 million in seed capital

“We have raised ten million dollars of seed a capital.”

Daniel Fry Mar 16, 2023 ▶ 15:03 $4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

Mar 16, 2023 bullish

Prediction Not checkable as stated

THG Energy expects to achieve profitability within a year

“We aren't, we are not yet profitable, but we can see profitability within the next year.”

Daniel Fry Mar 16, 2023 ▶ 16:24 $4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

THG Energy

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