# KUGU Home

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kugu-home

- Industry: Software
- Headquarters: Berlin, Germany
- Website: www.kugu-home.com/en/
- Total disclosed funding: $9.5M
- Latest round: Series A (Sep 27, 2024)
- Investors on record: 11

## About

Founded in 2018 by co-founders Christopher Gumppenberg and Leopold Kuttner and based in Berlin, Germany, KUGU Home GmbH is a provider of software solutions for the automation of business processes, specifically in monitoring and optimising heating systems. In November 2024, KUGU Home GmbH raised EUR 8.5 million in Series A funding from co-led investors Tengelmann Ventures Management, Gewobag, IBB Ventures, Future Energy Ventures, and Wecken & Cie.

KUGU Home GmbH offers a comprehensive decarbonisation platform that facilitates energy management and submetering solutions for clients in the energy sector, housing corporations, and service providers. The offerings comprise advanced billing software and modular tools for tracking and optimising energy usage. Additionally, KUGU’s web-based portal centralises building data and supports connectivity between systems. Features like energy consumption visualisation, maintenance coordination via a service app, and digital dashboards streamline building management tasks for property owners and operators.

The company will use the November 2024 funding to develop its platform and expand its reach in the business market.

## Funding rounds

- Series A, Sep 27, 2024, $9.5M — IBB Ventures, E.ON, Tengelmann Ventures Management, Wecken & Cie, High Rise Ventures, Gewobag, ENKIDU Venture Capital UG, FutureProp UG, Esperanto Capital GmbH, AM-Effizienz GmbH, GS Investment GmbH

## Investors

- IBB Ventures (https://capitalatlas.ai/funds/ibb-ventures) — Series A
- E.ON — Series A
- Tengelmann Ventures Management (https://capitalatlas.ai/funds/tengelmann-ventures-management) — Series A
- Wecken & Cie — Series A
- High Rise Ventures (https://capitalatlas.ai/funds/high-rise-ventures) — Series A
- Gewobag — Series A
- ENKIDU Venture Capital UG — Series A
- FutureProp UG — Series A
- Esperanto Capital GmbH — Series A
- AM-Effizienz GmbH — Series A
- GS Investment GmbH — Series A