Eturnity, a Chur, Switzerland-based B2B SaaS company that specializes in solar, heating, and e-mobility systems software solutions, secured CHF 8 million in Series A funding.
The round was from Junction Growth Investors and Alantra.
Founded in 2022, Junction Growth Investors is a private equity firm based in Belgium. The firm seeks to make investments in the energy and climate technology sectors.
Alantra is an independent global mid-market financial services firm providing investment banking, asset management, and private capital services to companies, families, and investors operating in the mid-market segment.
Eturnity Use of Funds
The company plans to use the funding to speed up its growth strategy and increase its software solutions throughout Europe, supporting businesses during their shift to renewable energy.
Founded by Matthias Wiget, Remo Müller, Nicolas Bernold, and Samuel Baumgartner, Eturnity is a B2B SaaS software solution that supports sales representatives in the renewable energy field. Eturnity‘s software improves interactions between manufacturers, distributors, and installers of solar, heating, and e-charging components, as well as energy suppliers. The company offers a full software suite of tools for installers for sales and lead generation, design and calculation, and project processing, while also offering a digital interface, linking installers to the manufacturers and distributors, facilitating smoother interactions. Its mission is to make the climate-tech sector more efficient.
Company: Eturnity AG
Raised: CHF 8.0M
Round: Series A
Funding Month: September 2023
Lead Investors: Junction Growth Investors and Alantra
Company Website: https://eturnity.com/
Software Category: Renewable Energy System Solutions