Wetility
OperatingWetility enables you smartly generate solar power on your rooftop, then seamlessly store, release and monitor clean energy to your home or business.
- Renewable Energy
- Johannesburg, South Africa
- Venture
- Founded 2019
- wetility.energy ↗
- Total raised
- $75.7M
- disclosed
- Last round
- $27.7M
- Debt Financing
- Rounds
- 4
- since 2019
- Investors
- 2
- on record
- Employees
- 51-200
Wetility funding and investors
Wetility has raised $75.7M across 4 disclosed rounds. The latest is a $27.7M Venture announced 18 Jun 2025, led by Jaltech Fund Management.
- Lead investors
- 2
- Largest round
- $48M
- Average round
- $37.8M
- disclosed rounds
- Round cadence
- 7 mo
- average gap
- $48MDebt FinancingDebt Financing, $48M, $48M raised to date
- $27.7MVentureVenture, $27.7M, $75.7M raised to date
SLA Funding Index · grey is capital raised before each round · 2 undisclosed rounds not drawn
Wetility funding rounds4 · newest first
- Venture$27.7M
18 Jun 2025 · led by Jaltech Fund Management
- Debt FinancingUndisclosed
18 Jun 2025 · led by Jaltech Fund Management
- Series AUndisclosed
07 Sep 2023
- Debt Financing$48M
07 Sep 2023 · led by Sanlam
| Announced | Round | Lead · other investors | Amount |
|---|---|---|---|
| 18 Jun 2025 | Venture | Jaltech Fund Management | $27.7M |
| 18 Jun 2025 | Debt Financing | Jaltech Fund Management | Undisclosed |
| 07 Sep 2023 | Series A | Investors not disclosed | Undisclosed |
| 07 Sep 2023 | Debt Financing | Sanlam | $48M |
Investors in Wetility2 · leads first
| Investor | Role | Rounds | First |
|---|---|---|---|
| Jaltech Fund Management | Lead in all 2 | Debt Financing, Venture | Jun 2025 |
| Sanlam | Lead | Debt Financing | Sep 2023 |
Frequently asked about Wetility
- How much funding has Wetility raised?
- Wetility has raised $76M across 4 disclosed rounds. Its latest, a $28M Venture, was announced on Jun 18, 2025.
- Who has invested in Wetility?
- Backers include Jaltech Fund Management and Sanlam.
Profile updated Source: SLA Startup IndexHow we count →
