autarc - About the company
autarc is a series A company based in Berlin (Germany), founded in 2023 by Thies Hansen and Etienne-Noel Krause. It operates as a Software solutions for heat pumps. autarc has raised $9.32M in funding from Y Combinator and PT1. The company has 4228 active competitors, including 572 funded and 377 that have exited. Its top competitors include companies like OVO Energy, Sense and Landis+Gyr.
Company Details
Software solutions for heat pumps. It provides solutions for calculating the heating load, designing the heat pump, selecting the right model, taking sound emissions into account and more.
- Website
- www.autarc.energy/
- Email ID
- *****@autarc.energy
- Phone Number
- +49 **********
Key Metrics
Founded Year
2023
Location
Berlin, Germany
Stage
Series A
Total Funding
$9.32M in 3 rounds
Latest Funding Round
Investors
Ranked
351st among 4228 active competitors
Similar Companies
Legal entities associated with autarc
autarc is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Autarcs GmbH CIN: D2505_HRB18422 , Germany, Deadpooled | Apr 04, 2016 | - | - |
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autarc's funding and investors
autarc has raised a total funding of $9.32M over 3 rounds. Its first funding round was on Dec 11, 2023. autarc has 3 institutional investors and 7 angel investors.
Here is the list of recent funding rounds of autarc:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 12, 2024 | 7744719 | Series A | 5438759 | 9248449 | 7793322 | 2305068 |
2024 | 1874 | Seed | 7670 | 3687 | 8083 | 4249 |
Dec 11, 2023 | 3495269 | Seed | 4630069 | 7602156 |
View details of autarc's funding rounds and investors
autarc's founders and board of directors
Founder? Claim ProfileThe founders of autarc are Thies Hansen and Etienne-Noel Krause.
Here are the details of autarc's key team members:
- Thies Hansen: Co-Founder & Managing Director of autarc. Contact Info: 1 email address
- Etienne-Noel Krause: Co-Founder & Managing Director of autarc. Contact Info: 1 email address
View details of autarc's Founder profiles and Board Members
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autarc's Competitors and alternates
Top competitors of autarc include OVO Energy, Sense and Landis+Gyr. Here is the list of Top 10 competitors of autarc, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | OVO Energy 2009, Bristol (United Kingdom), Series D | App-based power supplier from renewable energy sources | $516M | 82/100 | |
2nd | Sense 2013, Cambridge (United States), Series D | Provider of AI and app-based energy monitoring solutions | $195M | 76/100 | |
3rd | Landis+Gyr 1896, Cham (Switzerland), Acquired | Provider of advanced grid infrastructure, energy management, and smart metering solutions | $1.03B | 76/100 | |
4th | Metronome 2020, San Francisco (United States), Acquired | Usage-based invoice management solutions for small businesses | $128M | 72/100 | |
5th | Span.IO 2014, San Francisco (United States), Series C | Provider of smart panel for home energy management | $419M | 71/100 | |
6th | Phononic 2009, Durham (United States), Series F | Providing solid state thermal management solutions | $230M | 70/100 | |
7th | Resideo 2018, Wilmington (United States), Public | Provider of smart home solutions for security, air, water, and energy | - | 69/100 | |
8th | Bidgely 2011, Mountain View (United States), Series C | Provider of a solution for consumers to monitor and manage their household energy use | $87.7M | 69/100 | |
9th | PowerSecure 1991, Wake Forest (United States), Acquired | Energy efficiency and smart grid management solutions | - | 69/100 | |
10th | Smart Joules 2014, Delhi (India), Series B | Provider of AI-powered energy efficiency solutions for commercial buildings | $20.7M | 68/100 | |
351st | Software solutions for heat pumps | $9.32M | 41/100 |
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autarc's Investments and acquisitions
autarc has made no investments or acquisitions yet.
Reports related to autarc
Here is the latest report on autarc's sector:
News related to autarc
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Germany’s autarc raises funding to promote fossil-free heating in EuropeSilicon Canals•Dec 11, 2023•autarc, PT1
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