Troo

Business Services · United Kingdom · 11-50 Employees

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Overview

Headquarters

35a Side, Newcastle upon Tyne, Tyne and ...

Phone Number

+44 8081642222

Revenue

$25.8 Million

Industry

Business Services Project Management Advertising Networks
ZI Rank: 1
Signal Type
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ZI Rank
1
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About Troo

Troo, an energy broker that helps businesses to reduce bills, has received a further £500K in funding from the North East Venture Fund (NEVF), supported by the European Regional Development Fund and managed by Mercia. The Sunderland-based company will use the investment to create around 50 new jobs over the next six months. Troo, which currently employs over 50 staff, has doubled its turnover each year for the past two years and is on course to do so again in the coming year. The latest funding round brings the total raised to date by Troo to £1.5M. Launched in 2018 by Andrew and Rachel Richardson with the aim of disrupting the business energy broker industry, the company offers complete visibility on commission costs, and also provides customers with energy monitoring and tailored advice on how to save energy. Troo has a customer retention rate of 90% from contract to contract.Explore more
Troo's Social MediaPopular SearchesTroo LtdTrooTroocost.comTroocostSIC Code 87,874NAICS Code 54,541Show more

Troo Org Chart

PhoneEmail
RM
United Kingdom flag for contact location.

Manager, Development

PhoneEmail

PhoneEmail
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Compare insights from companies similar to Troo, focusing on performance, financial data, growth rates, and unique benchmarks to identify key industry trends and opportunities.

Company Name

Revenue

Number of Employees

Type

Funding

Founded In

Top Executive

Troo

$25.8M
11-50
Private
<$5M
2018
RM
Richard MatsunagaManager, Development
$16.7M
51-200
Private
-
2002
BM
Beth McArthurBusiness Services Administrator
$15.7M
11-50
Private
-
2014
$7.4M
51-200
Private
-
-
KW
Kate WillaimsSenior Procurement Specialist
<$5M
51-200
Private
-
2009
<$5M
11-50
Private
-
2016
N/A
<$5M
11-50
Private
-
2014
N/A
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Company Profile Activity

i

Among all Business Services companies

Low Activity

High Activity

Activity Insights

Troo is experiencing very low activity levels compared to other companies in the Business Services sector.

What does this means?

Troo is drawing exceptional interest within the Business Services industry, suggesting notable developments or strong market momentum, learn more about Troo.

Troo financials insights

Gather financial insights about Troo, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.

2019

Other Financing Round

$328K

2022

Other Financing Round

$630K

See All Troo's Financials Insights

Troo Tech Stack

A closer look at the technologies used by Troo

Most Recent Scoops

Project
A mid-level source in Accounting has indicated that the organization is in the midst of initiatives related to billing and invoicing. Troo Ltd is currently evaluating vendors to support these efforts.
Accounting
Project
A mid-level source in Accounting has indicated that the organization is in the midst of initiatives related to expense tracking. Troo Ltd is currently evaluating vendors to support these efforts.
Accounting, Financial Planning, Audit
Project
A mid-level source in Accounting has indicated that the organization is in the midst of initiatives related to audits. Troo Ltd is currently evaluating vendors to support these efforts.
Accounting, Financial Planning, Audit, Compliance
Project
A mid-level source in Accounting has indicated that the organization is in the midst of initiatives related to accounts receivable. Troo Ltd is currently evaluating vendors to support these efforts.
Accounting, Financial Planning, Billing & Invoice
Project
Accounting, Financial Planning, Billing & Invoice
See more scoops

Top Business Services Companies

Frequently Asked Questions Regarding Troo

What is Troo's official website?
Troo's official website is www.troocost.com
What is Troo's Revenue?
Troo's revenue is $25.8 Million
What is Troo's SIC code?
Troo's SIC: 87,874
What is Troo's NAICS code?
Troo's NAICS: 54,541
How many employees does Troo have?
Troo has 11-50 employees
What industry does Troo belong to?
Troo is in the industry of: Business Services, Project Management, Advertising Networks
What is Troo competition?
Troo top competitors include: Business NRG, The Energy Check, Business Energy, D-ENERGi
What technology does Troo use?
Some of the popular technologies that Troo uses are: Lucky Orange, WordPress.org, reCAPTCHA, PHP
How do I contact Troo?
Troo contact info: Phone number: +44 8081642222 Website: www.troocost.com
What does Troo do?

Troo, an energy broker that helps businesses to reduce bills, has received a further £500K in funding from the North East Venture Fund (NEVF), supported by the European Regional Development Fund and managed by Mercia. The Sunderland-based company will use the investment to create around 50 new jobs over the next six months. Troo, which currently em... ploys over 50 staff, has doubled its turnover each year for the past two years and is on course to do so again in the coming year. The latest funding round brings the total raised to date by Troo to £1.5M. Launched in 2018 by Andrew and Rachel Richardson with the aim of disrupting the business energy broker industry, the company offers complete visibility on commission costs, and also provides customers with energy monitoring and tailored advice on how to save energy. Troo has a customer retention rate of 90% from contract to contract.Read More

What are Troo social media links?
Troo Linkedin page Troo Twitter page Troo Facebook page
Is Troo a public company?
Troo is private company therefore does not currently have an official ticker symbol
See more information about Troo

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