# Podero

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

- Industry: Software
- Headquarters: Vienna, Austria
- Website: podero.com
- Total disclosed funding: $5.7M
- Latest round: Seed (Feb 6, 2025)
- Investors on record: 4

## About

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. In February 2025, Podero secured EUR 5.5 million in Seed funding led by Planet A Ventures, with previous investors Pale Blue Dot and PUSH Ventures participating. 

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. 

In February 2025, Podero GmbH raised EUR 5.5 million in Seed funding, which will be utilized to establish a European sales and customer success team, expand marketing efforts, and advance product development. 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.

## Funding rounds

- Seed, Feb 6, 2025, $5.7M — SystemiQ, PUSH Ventures, Pale Blue Dot, Planet A Ventures

## Investors

- SystemiQ (https://capitalatlas.ai/funds/systemiq) — Seed
- PUSH Ventures (https://capitalatlas.ai/funds/push-ventures) — Seed
- Pale Blue Dot (https://capitalatlas.ai/funds/pale-blue-dot) — Seed
- Planet A Ventures (https://capitalatlas.ai/funds/planet-a-ventures) — Seed