When was envelio founded?

envelio was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Where is envelio located?

envelio is headquartered in Cologne, Germany.

Which legal entities is envelio associated with?

envelio is associated with envelio GmbH.

How many employees does envelio have?

As of Dec 31, 2020, the latest employee count at envelio is 61.

Is envelio a funded company?

envelio is a funded company, having raised a total of $7.82M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 28, 2018.

When was the latest funding round of envelio?

envelio's latest funding was a $***** Series A round on Dec 12, 2019, with participation from 3 investors.

Where does envelio rank among its competitors?

envelio ranks 4th amongst 108 active competitors, of which 20 are funded. It stands 8th in terms of total funding among its competitors.

Who are the top competitors of envelio?

envelio's top competitors include Trilliant, IQGeo and GridPoint. Among them, envelio secured the most recent funding round in December, 2019.

envelio - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of AI-driven grid management software solutions. It offers an intelligent grid platform that allows users to consolidate all grid data in a validated model, manage grid operations, create grid models, digitize & automate the evaluation process, and more.

Website: envelio.com
Social
Email ID: *****@envelio.de
Phone Number: +49 **********

Key Metrics

Founded Year

2017

Location

Cologne, Germany

Stage

Acquired

Total Funding

$7.82M in 4 rounds

Latest Funding Round

Series A, Dec 12, 2019, $*****

Investors

eCAPITAL & 6 more

Ranked

4^th among 108 active competitors

Employee Count

61 as on Dec 31, 2020

Similar Companies

Trilliant & 116 more

Exit Details

Acquired by E.ON (Dec 17, 2021)

View envelio's full profile

envelio is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
envelio GmbH CIN: HRB93302 , Germany, Active	Jan 17, 2018	-	-

envelio got acquired by E.ON on Dec 17, 2021.

Click here to take a look at envelio's acquisition in detail

envelio has raised a total funding of $7.82M over 4 rounds. Its first funding round was on May 28, 2018. Its latest funding round was a Series A round on Dec 12, 2019 for $*****. 3 investors participated in its latest round. envelio has 6 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of envelio:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 12, 2019	5635541	Series A	3290930	4197784	5629205	2709513
Aug 31, 2019	2004284	Grant (prize money)	2794013	2948340	6843964	EIC Fund
May 01, 2019	3322469	Grant (prize money)	3886604	8080329	1528909	2774424

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View details of envelio's funding rounds and investors

The founders of envelio are Philipp Erlinghagen, Simon Koopmann, Fabian Potratz, Philipp Goergens and Moritz Cramer. Simon Koopmann is the CEO of envelio.

Here are the details of envelio's key team members:

Philipp Erlinghagen: Co-Founder of envelio.
Contact Info: 1 email address
Simon Koopmann: Co-Founder & CEO of envelio and founder of 1 other company.
Contact Info: 1 email address
Fabian Potratz: Co-Founder & CTO of envelio and founder of 1 other company.
Contact Info: 1 email address
Philipp Goergens: Co-Founder & VP of envelio.
Contact Info: 1 email address
Moritz Cramer: Co-Founder of envelio and founder of 1 other company.
Contact Info: 1 email address

View details of envelio's Founder profiles and Board Members

envelio's employee count trend

envelio has 61 employees as of Dec 20. The total employee count is 85.0% more than what it was in Dec 19. Here is envelio's employee count trend over the years:

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Top competitors of envelio include Trilliant, IQGeo and GridPoint. Here is the list of Top 10 competitors of envelio, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Trilliant 1997, Spearfish (United States), Series B	Provider of communication systems and software platforms for smart grid applications	$171M	Hercules Capital, Investor Growth Capital ... & 7 others	57/100
2nd	IQGeo 2002, Cambridge (United Kingdom), Acquired	Provider of enterprise software solutions for digital transformation	-	-	56/100
3rd	GridPoint 2003, Reston (United States), Acquired	Provider of data-driven energy management solutions	$584M	Goldman Sachs, QVT Family Office & 25 others	56/100
4th	envelio 2017, Cologne (Germany), Acquired	Provider of AI-driven grid management software solutions	$7.82M	Demeter, EIC Fund & 5 others	60/100
5th	Reactive Technologies 2010, Oxford (United Kingdom), Series D	Developer of cloud-based demand-side management solutions	$94.6M	Octopus Investments, BGF & 34 others	55/100
6th	Volue 2020, Oslo (Norway), Public	Offering solutions for portfolio and project management	$54M	Quinary Investment, Luxor Capital Group & 8 others	53/100
7th	Ingeteam 1972, Zamudio (Spain), Funding Raised	App-based power control electronic devices and EVs charging solutions	-	European Investment Bank, European Union & 1 others	48/100
8th	Safegrid 2019, Espoo (Finland), Series A	Provides grid management solutions	$6.73M	Tesi, Grid & 5 others	46/100
9th	Synergi 2022, Helsinki (Finland), Seed	Online platform offering grid management solutions	$3.02M	Lifeline Ventures, HEARTFELT_ & 7 others	44/100
10th	ElectronX 2022, Chicago (United States), Seed	Provider of grid management solution	$25M	DCVC, Innovation Endeavors & 6 others	44/100