FundedIQ
Administrative Services

Gren: Funding, Investors & Team (Sep 2026)

Gren's ambition is to enable customers, businesses, cities, and partners alike, to thrive, whatever they might be up to, because needs and goals are what really matter. Their heating and cooling business used to be part of the large energy utility Fortum's business in the Baltic countries, with a track record of pioneering spanning decades.

www.gren.com LinkedIn Tartu, Estonia 251-500 employees
Association Customer Service Delivery Energy B2B
Total raised
$1.3B
Rounds
1
Latest
Undisclosed round
May 2026

Gren has raised $1.3B across 1 funding round on record, the most recent an undisclosed round of $1.3B announced in May 2026.

That round is above the $4.7M median round size for Administrative Services companies tracked on FundedIQ over the last two years.

Gren Company Profile and Key Stats

Total funding raised
$1.3B
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$1.3B in May 2026
Employees
251-500
reported band
Headquarters
Tartu, Estonia

Latest funding round on record: May 2026.

Gren Funding Rounds

Date
Round
Amount
Undisclosed round
$1.3B

Gren Founders and Leadership Team

Name
Role
Contact
Ilkka Niiranen
Founder
Locked

Contact details for the Gren team: 1 of 1 has an email address on file, 1 has a LinkedIn profile.

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Gren Funding Compared to Other Administrative Services Startups

Segment
Companies
Median round

Gren's latest round of $1.3B is above the median round in Administrative Services. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Gren in Administrative Services and Tartu

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Gren Funding FAQs

What does Gren do?

Gren's ambition is to enable customers, businesses, cities, and partners alike, to thrive, whatever they might be up to, because needs and goals are what really matter. Their heating and cooling business used to be part of the large energy utility Fortum's business in the Baltic countries, with a track record of pioneering spanning decades.

How much funding has Gren raised?

Gren has raised $1.3B across 1 round on record. The most recent is an undisclosed round of $1.3B announced in May 2026.

When did Gren last raise funding?

Gren's most recent funding round on record is an undisclosed round of $1.3B, announced in May 2026.

Who founded Gren?

FundedIQ lists Ilkka Niiranen (Founder) at Gren.

Where is Gren headquartered?

Gren is based in Tartu, Tartumaa, Estonia.

How many employees does Gren have?

Gren is in the 251-500 employee band.

How does Gren's funding compare to other Administrative Services startups?

Gren's latest round of $1.3B is above the $4.7M median round size for Administrative Services companies on FundedIQ across 1,897 tracked companies over the last two years.

About FundedIQ's Gren Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Gren is left off this page rather than filled in.

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