Cleanwatts

Coimbra, Portugal Founded: 2020 • Age: 6 yrs Acquired By DWS
Energy management software is provided for commercial and industrial sectors.
Annual revenue - Latest available
Total funding $26.4M 3 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Cleanwatts

Cleanwatts is a company based in Coimbra (Portugal) founded in 2020 by Luisa Matos, James McDougall, and Michael Pinto was acquired by DWS in February 2026. Cleanwatts has raised $26.44 million across 3 funding rounds from investors including DWS, European Union and Verdane. Cleanwatts offers products and services including Cleanwatts OS, Renewable Infrastructure as a Service, and Energy Sharing. Cleanwatts operates in a competitive market with competitors including Resideo, Operto, epilot, KODE Labs and Aedifion, among others.

  • Headquarter Coimbra, Portugal
  • Founders Luisa Matos, James McDougall, Michael Pinto
  • Sectors
    Business Services
    Energy & Utilities Real Estate & Construction
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Business Services → Facility, Security & Field Operations Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Energy & Utilities → Power Generation & Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $26.44 M (USD)

    in 3 rounds

  • Latest Funding Round
    $179.51 K (USD), Grant

    Dec 01, 2023

  • Investors
    DWS

    & 2 more

  • Employee Count
    Not available
  • Acquired by
    DWS

    (Feb 23, 2026)

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Products & Services of Cleanwatts

Cleanwatts offers a comprehensive portfolio of products and services, including Cleanwatts OS, Renewable Infrastructure as a Service, and Energy Sharing.

Product name locked
Category locked
Primary

Platform for smart energy efficiency and demand management services

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Category locked
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Service providing zero upfront investment for energy projects

Product name locked
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System for local energy sharing and grid benefits

People of Cleanwatts

Headcount 50-200
Employee Profiles 26
Board Members and Advisors 3
Employee Profiles
People
Joana Gil Domingos
Customer Service Manager
People
Rita Carreira
VP Of Technology At Cleanwatts
People
Teresa Magalhães
Project Manager
People
Pedro Monteiro
Project Delivery Manager

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Board Members and Advisors
people
Emilio Costa
Board Member
people
Basílio Simões
Board Member & Co-Founder

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Funding Insights of Cleanwatts

Cleanwatts has successfully raised a total of $26.44M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $179.51 thousand completed in December 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Cleanwatts

Cleanwatts has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include DWS, European Union and Verdane.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm and funds of fund focused on technology-enabled and sustainable companies
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Asset management services are offered by DWS to clients.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for Cleanwatts

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Cleanwatts

Investments
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Investment portfolio details for Cleanwatts

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - Cleanwatts

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Detailed financials for Cleanwatts

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  • Historical revenue
  • Profit trends
  • Statement rows
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Cleanwatts Comparisons

Cleanwatts Primary company
Description
Energy management software is provided for commercial and in...
Location
Coimbra, Portugal
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Cleanwatts

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Competitors of Cleanwatts

Cleanwatts 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 Resideo, Operto, epilot, KODE Labs and Aedifion, among others.

Company Name Domain Founded year HQ Location Description
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Smart home products for security and energy efficiency are provided.
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Provider of cloud-enabled property automation and access control solutions
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Customer management solutions including CRM and automation are provided.
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SaaS driven building operating system
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AI, IoT & SaaS-driven platform providing building automation solutions
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Detailed competitors of Cleanwatts

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Cleanwatts

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Complete news archive for Cleanwatts

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Cleanwatts

Cleanwatts was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Cleanwatts is headquartered in Coimbra, Portugal.

Luisa Matos is the current CEO of Cleanwatts. They have also founded this company.

Cleanwatts is a funded company, having raised a total of $26.44M across 3 funding rounds to date.

Cleanwatts was founded in 2020 in Coimbra, Portugal, as a provider of energy management software for commercial and industrial applications. Solutions offered include Kiplo, a virtual power plant for utilities to manage market imbalances; Cloggy, which delivers real-time data on household consumption, generation, and storage; and Kisense, focused on energy optimization. Operations center on software development and deployment in the energy sector.

Cleanwatts's top competitors include Resideo, Aedifion and Operto.

Cleanwatts offers Cleanwatts OS, Renewable Infrastructure as a Service, and Energy Sharing.

Cleanwatts has 3 investors. Key investors include DWS, European Union, and Verdane.

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