envelio

envelio

A software company that provides solutions for the energy sector and is based in Cologne, Germany. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2018201920202021
Revenues--2.0m2.4m
% growth---19 %
Profit(<1m)(<1m)(3.1m)(4.7m)
% profit margin--(156 %)(195 %)
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DateInvestorsAmountRound
-

N/A

-

N/A

Spinout

€1.0m

Grant
*

€1.0m

Seed

€71.4k

Grant
*

€6.0m

Series A
*

N/A

Acquisition
N/A

€191k

Grant
Total Funding$9.1m

Recent News about envelio

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More about envelioinfo icon
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Envelio is a forward-thinking startup based in Cologne, Germany, specializing in the digitalization of power grids. Their primary product, the Intelligent Grid Platform, is a software solution designed to support grid operators in managing and optimizing their power grids. By leveraging this technology, envelio aims to facilitate a faster and more cost-effective energy transition, which is crucial for achieving a sustainable future.

The company operates in the energy sector, specifically focusing on the digital transformation of power grids. Their clients are primarily grid operators who need advanced tools to handle the complexities of modern energy demands, including the integration of renewable energy sources. Envelio's software helps these operators by providing better data quality, higher transparency, efficient processes, and lower operational costs.

Envelio's business model revolves around providing software-as-a-service (SaaS) solutions. They generate revenue through subscription fees paid by grid operators who use their Intelligent Grid Platform. This platform offers several key functionalities, including grid connection, grid planning, and operation management. By automating mass processes and combining all grid information into a single model, envelio's software enables grid operators to make more informed and cost-efficient decisions.

The company prides itself on its strong feedback culture and open atmosphere, which fosters continuous improvement and innovation. This internal culture is reflected in their customer service, which is described as fast and flexible, ensuring high levels of customer satisfaction.

In summary, envelio is a key player in the energy sector, driving the digitalization of power grids to support a sustainable energy transition. Their Intelligent Grid Platform offers grid operators the tools they need to manage their grids more effectively and efficiently.

Keywords: energy transition, power grids, digitalization, grid operators, software-as-a-service, sustainability, data quality, automation, cost efficiency, customer satisfaction.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.