Latest round

Seed

Last raised

Feb 2025

Total raised

$5.7M

Investors

4

About Podero

Podero GmbH is a technology company founded in 2022 based in Vienna, Austria. It offers a software solution that aids utilities in managing and optimizing electricity consumption.  Podero specializes in providing a comprehensive software platform designed for utilities to optimize electricity consumption through device flexibility. Their core offerings include a fully integrated suite that enables the synchronization of consumer devices, electricity markets, and software systems, allowing utilities to manage smart electricity contracts efficiently. Features such as automated device steering, market-based trading, and user-friendly white-label applications facilitate the seamless integration of various devices including heat pumps, electric vehicles, and battery storage systems. Podero's platform is built to support a diverse range of clients, including utility providers and end consumers, empowering users to maximize savings while minimizing carbon emissions. The company operates in six active countries, focusing on markets where energy transitions are critical, thereby enhancing their customer base's energy management capabilities. Podero generates revenue through a subscription-based model, where utility companies pay for access to the platform's advanced functionalities, including market optimization and device management features. Clients engage with Podero by integrating their existing software systems with Podero’s API, which allows for the launch of smart electricity contracts and device steering capabilities. The company is also planning to launch new product features aimed at improving energy management capabilities. Additionally, Podero is targeting expansion into new markets across Europe by 2026 to further enhance its footprint in the energy transition sector.

Who invested in Podero

4 investors across 1 round

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Funding rounds

  1. Seed

    Feb 6, 2025

    Amount

    $5.7M

    Investors

    Locked

Questions about Podero

Who invested in Podero?

Podero has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Podero raised?

Podero has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Podero last raise money?

Podero's most recent round on record is a Seed, in Feb 2025.

What does Podero do?

Podero GmbH is a technology company founded in 2022 based in Vienna, Austria.

Where is Podero headquartered?

Podero is headquartered in Vienna, Austria.

Which VCs invest in companies like Podero?

Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at Podero's stage. Their profiles are linked below.

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