FundedIQ
Administrative Services

Gren: Funding, Investors & Team (Oct 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 $5.0M 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.

Start 14-day free trial →

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

Companies Similar to Gren

Zero Technologies is an e-solutions company that provides software development, and development of…

Undisclosed round $10k

Juuli is a marketplace that connects talent with employers. Provides invoicing service for talents and easily…

Undisclosed round —

Cleveron's objective is to optimize the process of sending and receiving parcels by offering technologically…

Undisclosed round $3.7M

Avokaado is a comprehensive platform for contract lifecycle management that enables legal and business teams…

Undisclosed round $1.3M

GScan is developing a new tomography concept and services, which can be used in a future security systems for…

Undisclosed round $1.4M

RecruitLab is a recruiter-centric marketing and applicant tracking software. RecruitLab uses automation in…

Seed $1.9M

Unmanned aerial vehicles (UAVs), sometimes known as drones, are the primary focus of Garuda Aerospace's…

Undisclosed round $10.0M

UpSmith is greatly improving people's lives by providing them with opportunities to receive practical skills…

Series A $10.0M

Parakeet Health is an AI patient engagement platform that helps healthcare organizations improve the patient…

Series A $10.0M

Miter is a platform designed for contractors that focuses on human capital management, field operations, and…

Series B $40.0M

Metaview creates conversation analytics that transcribe interviews without manual input.

Series C $60.0M

50skills is transforming employee onboarding. It is used by thousands of managers in high-turnover industries…

Undisclosed round $6.0M

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 $5.0M 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.

14-day free trial · Cancel anytime

Know who just raised. Then know who to reach.

Startup funding intelligence on every funded startup: the round, the investors and the founders, as a file in your inbox or searchable in the app.

Radar from $49/mo · Pro from $149/mo. Card required, nothing charged until day 15, and we email you 3 days before that. Need something specific? Custom plans from $499/mo.