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.
- Website
- sympower.net
- Email ID
- *****@sympower.net
Key Metrics
Founded Year
2015
Location
Amsterdam, Netherlands
Stage
Series B
Total Funding
$81M in 12 rounds
Latest Funding Round
Ranked
2nd among 42 active competitors
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:
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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 |
View details of Sympower's funding rounds and investors
Sympower's founders and board of directors
Founder? Claim ProfileHere are the details of Sympower's key team members:
- Simon Bushell: Co-Founder & CEO of Sympower. Contact Info: 1 email address
- Georg Rute: Former Co-Founder of Sympower.
View details of Sympower's Founder profiles and Board Members
Sympower's employee count trend
Sympower has 169 employees as of Jul 26. Here is Sympower's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Resideo 2018, Wilmington (United States), Public | Provider of smart home solutions for security, air, water, and energy | - | 70/100 | |
2nd | Sympower 2015, Amsterdam (Netherlands), Series B | Provider of energy flexibility services for businesses and energy companies | $81M | 65/100 | |
3rd | Provider of cloud platform for building operation and energy efficiency | $32.8M | 61/100 | ||
4th | KODE Labs 2017, Detroit (United States), Series B | SaaS driven building operating system | $38M | 50/100 | |
5th | Provider of a cloud platform for energy sales, service, and grids | $10.8M | 47/100 | ||
6th | Con.doit 2020, Birmingham (United States), Seed | Provider of digital field and analysis software for electrical contractors | $5.45M | 45/100 | |
7th | 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 | Thinnect 2013, Sunnyvale (United States), Seed | Provider of IoT-based lighting solutions | $1.7M | 42/100 | |
9th | SaaS-driven IoT-based hardware and software solution building management | $4.04M | 41/100 | ||
10th | StreamLabs 2011, Atlanta (United States), Acquired | Provider of water leak detection solution | - | - | 40/100 |
Looking for more details on Sympower's competitors? Click here to see the top ones
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
Media has covered Sympower for a total of 4 events in the last 1 year.
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Amsterdam's Sympower Secures €42 Million to Accelerate Europe's Energy TransitionEU-Startups•Sep 16, 2025•Activate Capital, Rubio impact Ventures, PDENH, PGGM and 3 others
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Sympower Raises €21.3 Million to Improve European Energy SolutionsExpon Capital•Nov 26, 2024•Sympower, A&G Global Investors, European Investment Fund, Expon Capital and 4 others
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Boliden partners with Sympower to sell energy back to the grid in SwedenMining Magazine•May 28, 2024•Boliden, Sympower
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Amsterdam’s Sympower powers up its €22M funding round with additional €3M amid European energy crisisSilicon Canals•Nov 21, 2022•Sympower, Activate Capital, Rubio impact Ventures, PDENH and 2 others
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Amsterdam-based Sympower secures €22 million to fuel Europe’s energy transitionEU-Startups•Jul 19, 2022•Sympower, Activate Capital, Expon Capital, Rubio impact Ventures and 2 others
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Sympower raises €22m for low carbon grid-balancing servicesEnergydigital•Jul 19, 2022•Sympower, Expon Capital, Impact Ventures, PDENH and 4 others
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