# Ecolibrium Energy Pvt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ecolibrium-energy-pvt

- Industry: Environmental Services
- Headquarters: Ahmedabad, India
- Website: www.ecolibriumenergy.com
- Total disclosed funding: $5.7M
- Latest round: Seed (Jun 13, 2022)
- Investors on record: 3

## About

Ecolibrium Energy Pvt Ltd delivers AI-driven solutions for energy management, optimizing efficiency and sustainability across industries such as real estate and manufacturing. Their technology empowers organizations to enhance performance while reducing costs.Founded in 2008 in Ahmedabad, India, Ecolibrium specializes in energy management solutions. The company has raised a total of USD 5.00 mn, with the latest funding round being a Seed round of USD 5.00 mn from investors including Swordfish Investment and Unbound. The current CEO is Chintan Soni, with founding team members Harit Soni, Kari Kask, and Olivia Freeman.Ecolibrium specializes in providing AI-powered solutions tailored for various industries, including real estate, manufacturing, and data centers. Their core offerings include proprietary machine-learning algorithms designed to optimize operational efficiency and sustainability across diverse industrial equipment. These algorithms enable continuous monitoring and analysis of energy usage, empowering organizations to make data-driven decisions that enhance performance while minimizing operational costs. Ecolibrium's technology is employed by a range of clients globally, supporting businesses in their pursuit of greener and more efficient practices. The company has established a presence in multiple geographical markets, significantly impacting sectors in North America, Europe, and Asia, where sustainability initiatives are increasingly prioritized.In 2023, Ecolibrium reported a revenue of USD 993,954.80 and an EBITDA of USD 641,421.90. The company generates revenue through a subscription-based model, offering its AI-driven platforms and services to businesses seeking sustainable operational solutions. Clients typically engage in multi-year contracts that provide access to Ecolibrium's extensive application library and machine-learning capabilities. This structure allows organizations to utilize real-time actionable insights to inform their operational strategies. The company’s flagship offerings are centered around its automated recommendation engines, which are integral to driving efficiency within client operations.Ecolibrium Energy Pvt Ltd plans to leverage the recently raised venture funding to enhance its product offerings and expand into new markets. The company is in the process of developing new AI-driven tools aimed at further improving energy efficiency, with plans for release in the upcoming year. Additionally, Ecolibrium is targeting expansion into specific markets in Europe and Asia by the end of 2024, focusing on regions that prioritize sustainability in industrial operations.

## Funding rounds

- Seed, Jun 13, 2022, $5M — Unbound, AyBe Capital
- Series B, Dec 5, 2016, $0.7M — IDBI Capital

## Investors

- IDBI Capital (https://capitalatlas.ai/funds/idbi-capital) — Series B
- Unbound (https://capitalatlas.ai/funds/unbound) — Seed
- AyBe Capital (https://capitalatlas.ai/funds/aybe-capital) — Seed