Clevergy, a Madrid, Spain-based climate-tech firm that offers home energy management software, has closed a €1.5 million ($1.7 million) funding.
SaaS Investors
The round was led by Zubi. Other investors included Earth, Finaves, Fredrik Wikstrom, and Adrian Tuck, founder of US firm Uplight, which also provides energy management software.
Founded in 2020, Zubi is a Madrid, Spain-based impact venture debt services firm. The firm offers debt to small and middle-market companies. The firm caters to the commercial services, media, and restaurant sectors, among others.
Clevergy Use of Funds
The company will use the funds to expand compatibility with smart devices, integrate advanced artificial intelligence-based energy-saving models, and enable community energy management.
About Clevergy
Founded in 2021, Clevergy focuses on energy management technology within the energy sector. It offers a platform for energy providers and installers to improve customer relationships and centralize operations, providing insights into consumption habits and personalized advice for energy savings. Numerous energy retailers and renewable energy firms, including Naturgy, Doctor Energy, and Lidera Energía, trust Clevergy’s technology to enhance their customers’ energy efficiency. Clevergy now extends its offerings with a web portal solution, allowing these companies to centralize and optimize operations while exploring new opportunities for products and services for their customers.
Funding Details
Company: THE CLEVERGY SOLUTION, SL
Raised: €1.5M
Round: Unknown
Funding Month: January 2024
Lead Investors: Zubi
Additional Investors: Earth, Finaves, Fredrik Wikstrom, and Adrian Tuck
Company Website: https://www.clever.gy/
Software Category: Energy Management
Source: https://www.eu-startups.com/2024/01/madrid-based-climate-tech-clevergy-gets-e1-5-million-to-lead-the-home-energy-management-market//