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Sympower - About the company

Sympower is a series B company based in Amsterdam (Netherlands), founded in 2015 by Simon Bushell and Georg Rute. It operates as a Provider of energy flexibility services for businesses and energy companies. Sympower has raised $81M in funding from investors like PDENH, Activate Capital and Rubio impact Ventures. The company has 42 active competitors, including 13 funded and 4 that have exited. Its top competitors include companies like Resideo, Aedifion and KODE Labs.

Company Details

Provider of energy flexibility services for businesses and energy companies. The company offers solutions for battery energy storage systems, renewable energy sources, and demand response. These services enable businesses to optimise energy usage, support grid stability, and unlock new revenue streams. The company’s platform uses forecasting and trading to maximise revenue generation while preserving asset health.
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Email ID
*****@sympower.net
Key Metrics
Founded Year
2015
Location
Amsterdam, Netherlands
Stage
Series B
Total Funding
$81M in 12 rounds
Latest Funding Round
Investors
Ranked
Employee Count
169 as on Jul 31, 2026
Investment & Acquisitions
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Sympower's funding and investors

Sympower has raised a total funding of $81M over 12 rounds. Its first funding round was on 2015. Its latest funding round was a Series B round on Sep 16, 2025 for $*****. 1 investor participated in its latest round. Sympower has 14 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Sympower:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 16, 2025
9940585
Series B
1795673
7516360
2185614
4479591
Nov 13, 2024
9957714
Series B
9916797
5449849
9134312
2023
4919
Grant (prize money)
8654
1908
4977
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Sympower's founders and board of directors

Founder? Claim Profile
The founders of Sympower are Simon Bushell and Georg Rute. Simon Bushell is the CEO of Sympower.
Here are the details of Sympower's key team members:

Sympower's employee count trend

Sympower has 169 employees as of Jul 26. Here is Sympower's employee count trend over the years:
Employee count trend for Sympower
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Sympower's Competitors and alternates

Top competitors of Sympower include Resideo, Aedifion and KODE Labs. Here is the list of Top 10 competitors of Sympower, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Resideo
Resideo
2018, Wilmington (United States), Public
Provider of smart home solutions for security, air, water, and energy
-
70/100
2nd
Logo for Sympower
Sympower
2015, Amsterdam (Netherlands), Series B
Provider of energy flexibility services for businesses and energy companies
$81M
65/100
3rd
Logo for Aedifion
Aedifion
2017, Cologne (Germany), Series B
Provider of cloud platform for building operation and energy efficiency
$32.8M
61/100
4th
Logo for KODE Labs
KODE Labs
2017, Detroit (United States), Series B
SaaS driven building operating system
$38M
50/100
5th
Logo for epilot
epilot
2017, Cologne (Germany), Series A
Provider of a cloud platform for energy sales, service, and grids
$10.8M
47/100
6th
Logo for Con.doit
Con.doit
2020, Birmingham (United States), Seed
Provider of digital field and analysis software for electrical contractors
$5.45M
45/100
7th
Logo for VTS
VTS
1989, Luxembourg (Luxembourg), Funding Raised
Manufacturer of HVAC equipment including air handling units, air curtains, and heating units. The company designs and produces technically advanced equipment for the HVAC industry, utilizing innovative technologies in design, research, production, and logistics. Their offerings encompass a variety of air conditioning, ventilation, and heating devices, catering to diverse needs within the sector. The focus is on standardized, high-quality products delivered with competitive pricing and short lead times.
-
44/100
8th
Logo for Thinnect
Thinnect
2013, Sunnyvale (United States), Seed
Provider of IoT-based lighting solutions
$1.7M
42/100
9th
Logo for Wattsense
Wattsense
2017, Champagne au Mont d Or (France), Acquired
SaaS-driven IoT-based hardware and software solution building management
$4.04M
41/100
10th
Logo for StreamLabs
StreamLabs
2011, Atlanta (United States), Acquired
Provider of water leak detection solution
-
-
40/100
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Sympower's Investments and acquisitions

Sympower has acquired Flex Tools Inc. Sympower has not made any investments as of now.

Reports related to Sympower

Here is the latest report on Sympower's sector:

News related to Sympower

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Media has covered Sympower for a total of 4 events in the last 1 year.
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FAQs about Sympower

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