Hobeen

Hobeen is a technology company focused on providing innovative solutions for energy savings and sustainability, aiding businesses and public institutions in efficiently managing their energy consumption. Founded in 2019 in Vitoria, Spain, Hobeen operates as an independent entity. The company is led by CEO Mario Iglesias. Hobeen has engaged in two significant funding rounds, the most recent being a venture funding round in January 2022, where they raised EUR 261,000 from investors Metxa and Verslo Angelu Fondo Valdymas.

Hobeen specializes in providing innovative solutions aimed at enhancing energy savings and sustainability for businesses and public institutions. Their core offerings include a comprehensive mobile application designed to enable users to monitor and control their energy consumption across electricity, water, and gas, thereby facilitating significant reductions in utility bills and carbon footprints. The application is complemented by a centralized management portal, allowing businesses to oversee user engagement and operational efficiency. Hobeen primarily serves energy retailers, real estate companies, and corporate clients, enabling these entities to foster stronger relationships with their customers and employees through enhanced energy efficiency and sustainability practices.

While the company's offerings are primarily focused in Spain, they target an expanding market across Europe, capitalizing on the growing demand for energy-saving technologies. Hobeen operates a business model that emphasizes partnerships with energy retailers, real estate developers, and corporate entities, leveraging subscription-based frameworks to deliver its services. Clients subscribe to Hobeen’s mobile application and management portal, which provide them with essential tools for tracking and reducing energy consumption. Revenue is generated through these subscriptions, as well as potential transactional arrangements with corporate clients seeking tailored solutions to enhance their sustainability initiatives.

The integration of Hobeen’s technology can lead to lower operational costs for clients, creating a compelling case for businesses to invest in energy-saving measures that directly influence their bottom line. The company’s flagship offerings are positioned to attract a diverse clientele focused on compliance with environmental, social, and governance (ESG) standards, thereby solidifying Hobeen’s role in the green technology sector. In January 2022, Hobeen raised EUR 261,000 in venture funding from investors Metxa and Verslo Angelu Fondo Valdymas. The company will utilize these funds to continue developing agreements with utilities and to expand its business in Portugal, where there are already strong indications of interest.

Additionally, Hobeen plans to explore opportunities within the broader European market to enhance its reach and service offerings.