# Envelio

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/envelio

- Industry: Software
- Headquarters: Cologne, Germany
- Website: www.envelio.de
- Total disclosed funding: $7.8M
- Latest round: Series A (Nov 26, 2019)
- Investors on record: 3

## About

Envelio GmbH is a technology company that specializes in intelligent grid solutions, enabling utility companies to optimize the planning and operation of power distribution networks effectively.Founded in 2017 and headquartered in Cologne, Germany, Envelio GmbH provides software solutions to utility companies for digitizing and automating their grid management. The company has undergone strategic growth, with E.ON SE acquiring a majority stake in December 2021. The founders of Envelio include Fabian Potratz, Moritz Cramer, Philipp Erlinghagen, and Simon Koopmann, who also serves as CEO. To date, Envelio has completed a total of 3 deals, including a Series A funding round in which it raised EUR 6.000 mn, leading to a current valuation of EUR 30.597 mn.Envelio specializes in providing intelligent grid solutions through its flagship product, the Intelligent Grid Platform (IGP). This software assists utility companies in digitizing, automating, and integrating their planning and operational processes for managing power distribution networks. By addressing critical challenges in the energy transition, the IGP facilitates the integration of renewable energy sources, such as wind and solar, into existing electricity grids, while also managing the increased demand from new consumers like electric vehicle charging stations and heat pumps. Envelio primarily serves utility companies and network operators in Germany and Europe, supporting their transition to sustainable energy systems.In the most recent financial year, Envelio reported revenue of EUR 2,852,176.50, with an EBITDA of EUR -5,422,922.40, indicating the financial landscape the company navigates as it continues to expand its offerings in the energy sector.Envelio plans to leverage its recent funding, particularly from the Series A round, to develop new features for its Intelligent Grid Platform and explore expansion into additional European markets. The company aims to enhance its technology to better support the energy sector's transition by integrating innovative solutions that cater to emerging consumer demands. The acquisition by E.ON SE in December 2021 is expected to provide strategic resources to further accelerate these initiatives.

## Funding rounds

- Series A, Nov 26, 2019, $6.6M — Demea Invest, eCAPITAL, High-Tech Gruenderfonds
- Seed, May 23, 2018, $1.2M — Demea Invest, High-Tech Gruenderfonds

## Investors

- Demea Invest (https://capitalatlas.ai/funds/demea-invest) — Seed, Series A
- High-Tech Gruenderfonds (https://capitalatlas.ai/funds/high-tech-gruenderfonds) — Seed, Series A
- eCAPITAL (https://capitalatlas.ai/funds/ecapital) — Series A