# FlexiDAO S.E.S.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/flexidao-s-e-s

- Industry: Environmental Services
- Headquarters: Barcelona, Spain
- Website: www.flexidao.com
- Total disclosed funding: $6.2M
- Latest round: Series A (Jul 6, 2022)
- Investors on record: 4

## About

FlexiDAO S.E.S. specializes in renewable energy management software, providing innovative solutions for optimizing energy portfolios and sustainability reporting for corporations globally.Founded in 2017 and headquartered in Barcelona, Spain, FlexiDAO S.E.S. focuses on renewable energy management. The company was co-founded by Grzegorz Bytniewski, Joan Collell, and Simone Accornero, with Simone Accornero serving as the CEO. FlexiDAO has engaged in three funding deals, with its most recent acquisition in July 2024, raising EUR 6.1 mn in a Series A round led by SET Ventures, alongside investors including GV, InnoEnergy, and Microsoft Climate Innovation Fund. The total amount raised by the company is EUR 6.1 mn.FlexiDAO's primary offerings include a comprehensive renewable energy portfolio management software and a Clean Energy Intelligence Platform designed to assist energy, sustainability, and risk management teams in optimizing their operations. The software provides in-depth oversight of global billing, meter, contracts, and environmental certificate data, streamlining processes and reducing compliance risks associated with mandatory sustainability reporting. Key functionalities include the management of Energy Attribute Certificates (EACs), contract performance monitoring, and automated reporting for initiatives such as CDP and RE100. FlexiDAO's clientele includes major corporations such as Google, highlighting its suitability for large-scale, multi-region energy portfolios. The company serves a diverse range of markets across Europe and North America, focusing on organizations striving to enhance their clean energy strategies and decarbonization goals.In 2023, FlexiDAO reported revenues of EUR 674,453.8, with an EBITDA of EUR -2,913,120.2. The company operates on a subscription-based revenue model, delivering tailored dashboards to corporate clients for improved energy management and compliance. FlexiDAO's software integrates seamlessly with existing energy management systems via a standard API, ensuring data integrity and accessibility, while its pricing structure reflects the value provided through features like contract lifecycle management.FlexiDAO plans to leverage its recent funding round from July 2024 to enhance its product offerings and expand into new markets. The company is developing upcoming features aimed at further optimizing sustainability reporting and energy management solutions. They are targeting expansion into additional regions across Europe and North America by 2025 to better serve organizations striving for improved clean energy strategies.

## Funding rounds

- Series A, Jul 6, 2022, $6.2M — SET Ventures, GV, InnoEnergy, Microsoft Climate Innovation Fund
- Seed, Sep 9, 2019 — SET Ventures, InnoEnergy

## Investors

- SET Ventures (https://capitalatlas.ai/funds/set-ventures) — Seed, Series A
- InnoEnergy (https://capitalatlas.ai/funds/innoenergy) — Seed, Series A
- GV (https://capitalatlas.ai/funds/gv) — Series A
- Microsoft Climate Innovation Fund (https://capitalatlas.ai/funds/microsoft-climate-innovation-fund) — Series A