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Daniel Frey

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How THG Energy Solutions Reached $2.4M ARR with 1,000 Paying Customers Across 20,000 Active Meters (Interview with Daniel Frey)

Daniel Frey (Managing Member of THG Energy Solutions) spoke to Nathan Latka on March 7, 2023.

THG Energy Solutions figures from the interview

ARR (end of 2022)
$2M
ARR (2023)
$2.4M
Revenue Growth (2023)
70%+
Active Utility Meters (March 2023)
20,000
Price per Meter (2023)
$5 per meter per month
“Yeah, it's a software as a service platform. 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.”
“We provide auditable and verifiable greenhouse gas emissions tracking and measurement. And we also help customers identify energy savings through better energy management and particularly around electricity, an area called demand management or demand response.”
“Over 10,000 customers that comprise those 300,000 accounts.”

Read the interview →Watch the recording →

Bio

35 Years Energy marketing and trading experience. Building and acquiring energy marketing companies. At THG we’ve built more than 35 energy industry partnerships to help companies expand revenue and product offerings to include sustainability and energy management data and technology.

Company

THG Energy Solutions

Austin, United States · Founded 2011

Revenue
$2.4M
Funding
$16M
Team size
36
Customers
1K

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