Plentify - About the company
Plentify is a series A company based in Cape Town (South Africa), founded in 2008 by Kailas Nair and Jon Kornik. It operates as a Provider of SaaS-driven and AI grid optimisers for building management. Plentify has raised $15M in funding from investors like Telus, URBAN-X and Secha Capital. The company has 6360 active competitors, including 782 funded and 532 that have exited. Its top competitors include companies like Enel X, SPAN and Landis+Gyr.
Company Details
Provider of SaaS-driven and AI grid optimizers for building management. Its device can be attached to home water heaters that use AI to match users' energy needs in the grid. The platform provides solutions for industries that include property companies and body corporates, solar and battery companies, utilities and municipalities, and more.
- Website
- plentify.io
- Social
- Email ID
- *****@plentify.co.za
Key Metrics
Founded Year
2008
Location
Cape Town, South Africa
Stage
Series A
Total Funding
$15M in 6 rounds
Latest Funding Round
Ranked
29th among 6360 active competitors
Employee Count
71 as on Aug 31, 2026
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Plentify's funding and investors
Plentify has raised a total funding of $15M over 6 rounds. Its first funding round was on Sep 20, 2021. Its latest funding round was a Series A round on Nov 18, 2025 for $*****. 5 investors participated in its latest round. Plentify has 14 institutional investors.
Here is the list of recent funding rounds of Plentify:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 18, 2025 | 8727609 | Series A | 5849372 | 2028863 | 5949344 | 8580936 |
Jul 22, 2024 | 1403327 | Series A | 2567510 | 7793163 | 5136661 | 6988768 |
Oct 27, 2023 | 9214705 | Series A | 3256750 | 1393684 | 7358335 |
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Plentify's founders and board of directors
Founder? Claim ProfileHere are the details of Plentify's key team members:
- Kailas Nair: Co-Founder of Plentify. Contact Info: 1 email address
- Jon Kornik: Co-Founder & CEO of Plentify and founder of 1 other company. Contact Info: 2 email addresses
View details of Plentify's Founder profiles and Board Members
Plentify's employee count trend
Plentify has 71 employees as of Aug 26. Here is Plentify's employee count trend over the years:
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Plentify's Competitors and alternates
Top competitors of Plentify include Enel X, SPAN and Landis+Gyr. Here is the list of Top 10 competitors of Plentify, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Enel X 2001, Boston (United States), Acquired | Developer of utility-scale renewable energy projects | $168M | 75/100 | |
2nd |  SPAN 2014, San Francisco (United States), Series C | Smart energy management technology platform that modernizes residential electrical systems | $419M | 74/100 | |
3rd | Landis+Gyr 1896, Cham (Switzerland), Acquired | Manufacturer of electric meters and grid edge data management software | $1.03B | 73/100 | |
4th |  Metronome 2020, San Francisco (United States), Acquired | Usage-based invoice management solutions for small businesses | $128M | 73/100 | |
5th |  Sense 2013, Cambridge (United States), Series D | Smart energy platform providing real-time electricity usage insights for homes and utilities | $177M | 71/100 | |
6th |  Bidgely 2011, Mountain View (United States), Series C | Provider of a solution for consumers to monitor and manage their household energy use | $87.7M | 70/100 | |
7th | Phononic 2009, Durham (United States), Series F | Providing solid state thermal management solutions | $230M | 69/100 | |
8th | Cloud-based enterprise asset management solutions | $52.3M | 69/100 | ||
9th | Happy 2011, Carlsbad (United States), Series B | Provider of centralized maintenance, asset, and property management software solutions | $77.9M | 69/100 | |
10th |  Resideo 2018, Wilmington (United States), Public | Provider of smart home solutions for security, air, water, and energy | - | 69/100 | |
29th |  Plentify 2008, Cape Town (South Africa), Series A | Provider of SaaS-driven and AI grid optimisers for building management | $15M | 64/100 |
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Plentify's Investments and acquisitions
Plentify has made no investments or acquisitions yet.
Reports related to Plentify
Here is the latest report on Plentify's sector:
News related to Plentify
Media has covered Plentify for a total of 4 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
•
Plentify and Deye Partner for Home Battery Orchestration in South AfricaRenewables Now•Jul 31, 2026•Plentify, Deye Inverter
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Plentify & Balwin Partner to Roll Out Smart Energy Systems in Housing EstatesTechMoran•Apr 14, 2026•Plentify, Balwin
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Backed by $15M to Date, SA’s Plentify Targets Global Market With Its Residential Energy Platformtechbuild.africa•Nov 19, 2025•Fireball Capital, E3 Capital, Endeavor, Plentify and 2 others
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Plentify closes oversubscribed Series-A funding roundInnovation-village•Nov 18, 2025•Fireball Capital, E3 Capital, Plentify, Secha Capital and 1 other
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SA energy management startup Plentify partners African smart metering firm ConlogDisruptafrica•May 30, 2025•Plentify, Conlog
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Sa’s Plentify Launches Home Energy Management Solution SolarbotDisruptafrica•Sep 27, 2024•Herholdts, Plentify
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Smart energy firm gets VC backing for its power-saving techEnergy Central•Jul 31, 2024•Plentify, Third Sphere, Telus, SIG Venture Capital and 1 other
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Plentify Closes Oversubscribed Round From Top VCs To Accelerate Growth In South AfricaStartUp Mag South Africa•Jul 23, 2024•Plentify, Third Sphere, Telus, Fireball Capital and 1 other
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Plentify Secures 50% Oversubscribed Funding To Expand In SA And InternationallyTechFinancials•Jul 22, 2024•Plentify, Third Sphere, Fireball Capital, E3 Capital
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The TELUS Pollinator Fund invests in three new cleantech startups: ClimateRobotics, Erthos and Plentifylelezard.com•Oct 27, 2023•Telus, Applied Carbon, Plentify
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