About CheckWatt
CheckWatt is a company based in Danderyd (Sweden) founded in 2011 was acquired by Emaldo in June 2025.. CheckWatt offers products and services including EnergyInBalance, CheckWatt EMS, and Virtual Power Plant. CheckWatt operates in a competitive market with competitors including Stem, Swell Energy, Limejump, Next Kraftwerke and Blueprint Power, among others.
- Headquarter Danderyd, Sweden
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Checkwatt Ab
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$235.78 K (USD), Grant
Oct 01, 2021
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Acquired by
Emaldo
(Jun 02, 2025)
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Products & Services of CheckWatt
CheckWatt offers a comprehensive portfolio of products and services, including EnergyInBalance, CheckWatt EMS, and Virtual Power Plant. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Visualizes energy data for solar power and battery storage efficiency.
Manages battery storage for local and aggregated power services.
Aggregates resources for grid balance and ancillary services.
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Sales and Marketing
2 people
Leadership Team
1 people
Human Resources and Administration
1 people
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Funding Insights of CheckWatt
- Total Funding Total Funding
- Total Rounds 5
- Last Round Grant — $235,780
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First Round
First Round
(01 Oct 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Grant - CheckWatt | Valuation |
investors |
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| Dec, 2020 | Amount | Grant - CheckWatt | Valuation |
investors |
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| Oct, 2019 | Amount | Grant - CheckWatt | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CheckWatt
CheckWatt has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Emaldo. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Innovative energy solutions are provided by Emaldo for sustainable power management.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CheckWatt
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CheckWatt
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Checkwatt Comparisons
Competitors of CheckWatt
CheckWatt operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Stem, Swell Energy, Limejump, Next Kraftwerke and Blueprint Power, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI and cloud-driven solutions for energy optimization are provided.
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| domain | founded_year | HQ Location |
Reseller and installer of energy storage devices
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| domain | founded_year | HQ Location |
Virtual power plant aggregation solutions are provided for energy assets.
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| domain | founded_year | HQ Location |
Virtual power plant platform and European power trading are operated.
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| domain | founded_year | HQ Location |
High-rise buildings are acquired for power plant development.
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| domain | founded_year | HQ Location |
Solutions for virtual power plant management are provided by Fusebox.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Checkwatt
Frequently Asked Questions about CheckWatt
When was CheckWatt founded?
CheckWatt was founded in 2011 and raised its 1st funding round 7 years after it was founded.
Where is CheckWatt located?
CheckWatt is headquartered in Danderyd, Sweden. It is registered at Danderyd, Stockholm County, Sweden.
Who is the current CEO of CheckWatt?
Dan-Eric Archer is the current CEO of CheckWatt.
What does CheckWatt do?
CheckWatt was founded in 2011 in Danderyd, Sweden, within the sustainable energy sector. Battery systems and energy management tools are provided to optimize consumption and enhance efficiency. Historical data on energy usage is offered to support informed decisions by users. Operations focus on integrating these solutions for practical energy monitoring and control in residential and commercial settings.
Who are the top competitors of CheckWatt?
CheckWatt's top competitors include Stem, Blueprint Power and Limejump.
What products or services does CheckWatt offer?
CheckWatt offers EnergyInBalance, CheckWatt EMS, and Virtual Power Plant.
Who are CheckWatt's investors?
CheckWatt has 2 investors. Key investors include European Union, and Emaldo.