Fundraising Fox
Bia
Bogota, CO · Founded 2022 · Incorporated in Cayman Islands · 245 employees on LinkedIn · 11 known investors
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Bia is a technology-driven electricity retailer in Colombia that lets businesses switch their energy provider and replace traditional meters with its proprietary BiaMonitor smart meter. Its web and mobile platform offers real-time consumption monitoring, AI-based optimization, consolidated billing, renewable energy certificates, and analytics for corporate energy management.
Founders & leadership
Bia was founded in 2022 by Sebastian Ruales.
Board
Investors · 11
How we know: RA Capital's portfolio page · the company's own site · Not right? Tell us
How we know: Kaszek Ventures's portfolio page · board seat on SEC Form D · Not right? Tell us
How we know: Marathon Ventures's portfolio page · Not right? Tell us
How we know: Norte Ventures's portfolio page · Not right? Tell us
How we know: press coverage · Not right? Tell us
How we know: press coverage · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$22.1M disclosed across 1 round · 2023
▶$22.1MraisedOct 2023 · 29 investors · OtherRule 506(b)
- Guillermo Plaza RocheDirector
- Leonardo Velazquez FlorezDirector
- Nicolas BermanDirector
- Juan Sebastian Ruales DuqueDirector
- Jaime E. ZunzuneguiDirector
- Offering amount
- $22.1M
- Amount sold
- $22.1M
- First sale
- Sep 2023
- Incorporated
- Other, Cayman Islands, 2022
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Frequently asked questions
- What does Bia do?
- Bia is a technology-driven electricity retailer in Colombia that lets businesses switch their energy provider and replace traditional meters with its proprietary BiaMonitor smart meter. Its web and mobile platform offers real-time consumption monitoring, AI-based optimization, consolidated billing, renewable energy certificates, and analytics for corporate energy management.
- Who founded Bia?
- Bia was founded by Sebastian Ruales in 2022.
- Who are Bia's investors?
- Bia's investors include RA Capital, BBVA SPARK, IDB Lab, Kaszek Ventures, Marathon Ventures, Nazca, Norte Ventures, Opera Ventures and 3 more.
- How much funding has Bia raised?
- Bia has disclosed $22.1M raised across 1 round.
- Where is Bia headquartered?
- Bia is headquartered in Bogota, CO.