Piclo
Latest round
- Series B
Last raised
- Mar 2023
Total raised
- $21M
Investors
- 9
About Piclo
Founded in 2013 and based in London, UK, Open Utility Ltd. develops Piclo Flex, an energy trading system that allows users to sell and buy electricity directly from suppliers. The CFO, Tom Saul, worked as a general manager of Open Energi. Before co-founding the company, Alice Tyler, worked at Mint Digital and CarbonCulture. In December 2021, the company won the Digital DSO Power Award. Piclo also established branch offices in Lithuania, Portugal and United States. The company launched Piclo Flex, a marketplace that supports SOs in the end-to-end process of procuring and operating flexibility. The platform is composed of a series of functional modules which SOs can subscribe to, based on flexibility needs and the required degree of process automation. The services provided by the platform includes process automation, market engagement and customer support.
Who invested in Piclo
9 investors across 3 rounds
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Questions about Piclo
Who invested in Piclo?
Piclo has 9 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Piclo raised?
Piclo has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Piclo last raise money?
Piclo's most recent round on record is a Series B, in Mar 2023.
What does Piclo do?
Founded in 2013 and based in London, UK, Open Utility Ltd.
Where is Piclo headquartered?
Piclo is headquartered in London, UK.
Which VCs invest in companies like Piclo?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back power & utilities companies at Piclo's stage. Their profiles are linked below.
VCs backing power & utilities startups at Series B
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