Analytics Platforms811 Trinity Street, Suite B, Austin, TexasFounded 2011
THG Energy Solutions is a Tulsa-based software-as-a-service company founded in 2011 that helps commercial and industrial organizations manage utility data, track greenhouse gas emissions, and improve energy efficiency.
THG Energy Solutions' revenue run rate was about $2.4M (2023): calculated by GetLatka from what was said, from what Daniel Frey said on camera. THG Energy Solutions is #839 on the Latka Top, level with five others. The Latka Top ranks the 1,368 companies Nathan Latka has interviewed by revenue.
| As of | Revenue | Source |
|---|---|---|
| Nov 2021 | $2.1M | – |
| 2022 | $2M | Daniel Frey on cameraWatch at 13:07 |
| 2023 | $2.4M | Calculated from what Daniel Frey saidWatch at 13:51 |
| Oct 2024 | $5.4MEST. | GetLatka estimate |
– source not recorded
THG Energy Solutions is privately held, so there is no THG Energy Solutions stock to buy. Investors valued it at $75M in its March 2023 Raising Now round.
Valuation history$75M Raising Now 2023$50M Seed 2019
THG Energy Solutions has raised $16M across two rounds since 2019. The latest was a $6M Raising Now round in March 2023.
| Date | Round | Raised | Valuation | Source |
|---|---|---|---|---|
| Mar 2023 | Raising Now | $6M | $75M | – |
| Jun 2019 | Seed | $10M | $50M | Daniel Frey on cameraWatch at 15:58 |
| Total raised | $16M |
Nathan Latka has interviewed THG Energy Solutions once, speaking with Daniel Frey. Each figure links to the second it was said.
Watch: How THG Energy Solutions Reached $2.4M ARR with 1,000 Paying Customers Across 20,000 Active Meters (Interview with Daniel Frey)March 2023 · Daniel Frey, Managing Member
Growth tactics they described: Value-Added ResellersWatch at 14:20
THG Energy Solutions had 36 employees (October 2024, LinkedIn), up from 30 a year earlier.
| As of | Employees | Source |
|---|---|---|
| Oct 2024 | 36 | |
| Nov 2023 | 30 | – |
| Mar 2023 | 30 | – |
| Nov 2022 | 34 | – |
| Jun 2022 | 34 | – |
| Nov 2021 | 969 | – |
| Nov 2020 | 607 | – |
THG Energy Solutions' revenue run rate was about $2.4M a year in 2023. GetLatka worked that out from what Daniel Frey said on camera.
Investors valued THG Energy Solutions at $75M in its March 2023 Raising Now round.
THG Energy Solutions has raised $16M across two funding rounds. The latest was a $6M Raising Now round in March 2023.
No. THG Energy Solutions is a private company, so its shares aren't traded on a stock exchange.
THG Energy Solutions had 36 employees in October 2024, according to LinkedIn.
7 said on camera · 1 from public sources · 1 estimate. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice. The Latka Top ranks the private, operating companies Nathan Latka has interviewed by the latest revenue figure on each profile, reported or estimated; equal figures share a rank.
Updated Oct 13, 2026Data disclaimerReport a correctionClaim this profile
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