When was CEDIS founded?

CEDIS was founded in 2016 and raised its 1st funding round 9 years after it was founded.

Where is CEDIS located?

CEDIS is headquartered in Podgorica, Montenegro.

How many employees does CEDIS have?

As of Sep 30, 2026, the latest employee count at CEDIS is 107.

Is CEDIS a funded company?

CEDIS is a funded company, having raised a total of $***** in its 1st and only funding round, a Conventional Debt round on Jan 28, 2025.

When was the latest funding round of CEDIS?

CEDIS's latest funding was a $***** Conventional Debt round on Jan 28, 2025, with participation from 0 investor.

Where does CEDIS rank among its competitors?

CEDIS ranks 908th amongst 2173 active competitors, of which 73 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Portland General Electric, which secured $3.82M in Oct, 2025.

Who are the top competitors of CEDIS?

CEDIS's top competitors include NTPC, Saudi Electricity and Iberdrola. Among them, Portland General Electric secured the most recent funding round in October, 2025.

CEDIS - 2026 Company Profile, Funding & Competitors

CEDIS is a funded company based in Podgorica (Montenegro), founded in 2016. It operates as an Operator of electrical distribution systems and associated power grid infrastructure. CEDIS has raised an undisclosed amount in funding. The company has 2173 active competitors, including 73 funded and 555 that have exited. Its top competitors include companies like NTPC, Saudi Electricity and Iberdrola.

Company Details

Operator of electrical distribution systems and associated power grid infrastructure. This entity manages the transmission of electricity through extensive networks of lines and substations. It focuses on the maintenance and development of technical systems required for reliable energy delivery. The organization provides services related to grid connections and ensures the operational stability of the electrical supply. It also invests in digital communication infrastructure to support network management and data transmission. Technical teams oversee the distribution process to maintain consistent service levels for all connected users. The entity adheres to international standards for quality management, environmental protection, and occupational health and safety. It facilitates user access to the distribution network through established procedures and contractual agreements.

Website: cedis.me
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Email ID: *****@cedis.me
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Key Metrics

Founded Year

2016

Location

Podgorica, Montenegro

Stage

Funding Raised

Latest Funding Round

Conventional Debt, Jan 28, 2025, $*****

Ranked

908^th among 2173 active competitors

Employee Count

107 as on Sep 30, 2026

Similar Companies

NTPC & 1034 more

View CEDIS's full profile

CEDIS has raised funding over 1 round.

Here is the list of recent funding rounds of CEDIS:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 28, 2025	7180949	Conventional Debt	8897036	9705192	2674414	4811409

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CEDIS's employee count trend

CEDIS has 107 employees as of Sep 26. Here is CEDIS's employee count trend over the years:

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Top competitors of CEDIS include NTPC, Saudi Electricity and Iberdrola. Here is the list of Top 10 competitors of CEDIS, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	NTPC 1975, Delhi (India), Public	Government entity engaged in the generation of electricity and allied activities	-	SBI, Canara Bank	73/100
2nd	Saudi Electricity 2000, Riyadh (Saudi Arabia), Public	Electric power generator and distributor	-	Citi, Public Investment Fund & 9 others	73/100
3rd	Iberdrola 1992, Bilbao (Spain), Public	Provider of integrated solutions and services for energy generation and sustainable development.	-	PGGM, Qatar Investment Authority & 3 others	73/100
4th	Copel 1954, Curitiba (Brazil), Public	Power generation, transmission, and distribution company	-	-	71/100
5th	Vattenfall 1909, Stockholm (Sweden), Funding Raised	Producer of heat and power generating services	-	Taaleri, Danske Bank & 6 others	71/100
6th	Enel 1996, Rome (Italy), Public	Provider of renewable energy generation and electricity distribution utility services	-	B Capital Fund, Cowles Company & 1 others	71/100
7th	PLN 1945, Jakarta (Indonesia), Funding Raised	Operator of electricity utilites	-	Bank of China, UOB & 17 others	70/100
8th	Origin Energy 2000, Sydney (Australia), Public	Energy corporation	-	CVC, Greyrock Investments & 3 others	69/100
9th	FirstEnergy Corp 1997, Akron (United States), Public	Provider of electricity production and distribution services	-	Elliott Management, GIC & 4 others	69/100
10th	Portland General Electric 1888, Portland (United States), Public	Provider of electricity and related services to customers	-	General Electric, OSTI & 1 others	68/100
908th	CEDIS 2016, Podgorica (Montenegro), Funding Raised	Operator of electrical distribution systems and associated power grid infrastructure	-	-	27/100