What is 3TIER?
As a wholly owned subsidiary of Vaisala, a global leader in environmental and industrial measurement, 3TIER India Private Ltd. specializes in delivering an integrated suite of services for the renewable energy sector. For over a decade, the company has leveraged its expertise in weather, climate, and energy risk to assist major utilities, energy traders, financiers, and project developers in making informed and profitable energy decisions. Its core offerings encompass renewable energy assessment, forecasting, and asset optimization, built upon a foundation of deep industry experience and a customer-centric approach.
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 an investment firm focused on the energy sector, likely specializing in renewable energy and clean technology ventures. Their continued backing of 3TIER suggests a strategic interest in companies that provide essential services for the growth and efficiency of renewable energy infrastructure.
What's next for 3TIER?
The recent major strategic investment in 3TIER signals a strong validation of its business model and its critical role in the burgeoning renewable energy market. This capital infusion is expected to fuel further expansion of its service offerings, enhance its technological capabilities in energy assessment and forecasting, and potentially broaden its global reach. As an established player with a decade of experience and backed by Vaisala, 3TIER is well-positioned to capitalize on the increasing demand for data-driven solutions in optimizing renewable energy assets and mitigating associated risks.
See full 3TIER company page
