What is 3TIER?
As a wholly owned subsidiary of Vaisala, a leader in environmental and industrial measurement, 3TIER India Private Ltd. specializes in delivering an integrated suite of renewable energy assessment, forecasting, and asset optimization services. For over a decade, the company has leveraged its deep expertise in weather, climate, and wind and solar risk to empower major utilities, energy traders, financiers, and project developers worldwide. Its core mission is to facilitate profitable energy decisions through robust data analysis and expert insights, establishing an unmatched track record within the renewable energy sector.
How much funding has 3TIER raised?
3TIER has raised a total of $18.5M across 5 funding rounds:
Series A
$1M
Series B
$2M
Unspecified
$10M
Unspecified
$3M
Unspecified
$2.5M
Series A (2007): $1M, investors not publicly disclosed
Series B (2007): $2M led by Good Energies
Unspecified (2008): $10M supported by Good Energies
Unspecified (2010): $3M featuring Good Energies
Unspecified (2011): $2.5M, investors not publicly disclosed
Key Investors in 3TIER
Good Energies
Good Energies is a venture capital firm that invests in companies focused on renewable energy and energy efficiency. Their portfolio typically includes innovative technologies and businesses aimed at addressing climate change and promoting sustainable energy solutions.
What's next for 3TIER?
The recent major strategic investment in 3TIER, coupled with its substantial historical backing, positions the company for accelerated growth and market leadership. This capital infusion is expected to fuel innovation in its assessment and forecasting technologies, potentially expanding its service offerings to new markets or enhancing its existing global reach. As part of Vaisala, 3TIER is well-equipped to capitalize on the increasing demand for renewable energy solutions, further solidifying its influence in driving sustainable energy decisions.
See full 3TIER company page
