Market Expansion Challenges Tonik Energy's recent administration and its transition to Scottish Power highlight potential vulnerabilities in customer retention and supplier stability, presenting opportunities to offer tailored energy solutions and risk management services to similar small providers.
Renewable Installations Following its acquisition of The Phoenix Works and focus on EV charging infrastructure, there is a clear demand for advanced solar, battery storage, and EV-related products, creating sales opportunities in renewable energy hardware and installation services.
Technological Integration Tonik's use of analytics and cloud platforms suggests an openness to digital solutions, opening doors for selling innovative energy management systems, customer engagement tools, and data-driven optimization services.
Funding and Investment With significant investments from international firms like Mitsui & Co., there is potential to explore partnership or investment opportunities, particularly by offering advanced green energy products or capitalizing on their sustainability initiatives.
Market Positioning Positioned as a mid-sized energy supplier with ambitions toward EV and solar markets, Tonik Energy represents a potential client for suppliers of electric vehicle chargers, renewable equipment, and related infrastructure to support their growth plans.
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$500M$1B
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$1B$10BTonik Energy uses 8 technology products and services including Hotjar, Cloudflare CDN, Microsoft, and more. Explore Tonik Energy's tech stack below.
| Tonik Energy Email Formats | Percentage |
| First.Last@tonikenergy.com | 45% |
| Last@tonikenergy.com | 5% |
| First.Last@tonikenergy.com | 45% |
| Last@tonikenergy.com | 5% |
UtilitiesUnited Kingdom51-200 Employees
Tonik Energy Limited – in Administration (“the Company”) Matthew James Cowlishaw and Paul James Meadows were appointed Joint Administrators of Tonik Energy Limited on 12 October 2020. Ofgem, the energy regulator, appointed Scottish Power as the new supplier for all Tonik Energy customers. Any questions regarding the Administration process can be directed to tonikadministration@teneo.com.
Company Overview
Media & News
Funding & FinancialsTonik Energy has raised a total of $17M of funding over 1 rounds. Their latest funding round was raised on Feb 13, 2019 in the amount of $17M.
Tonik Energy's revenue is estimated to be in the range of $1M$10M
Funding & FinancialsTonik Energy has raised a total of $17M of funding over 1 rounds. Their latest funding round was raised on Feb 13, 2019 in the amount of $17M.
Tonik Energy's revenue is estimated to be in the range of $1M$10M
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