About ES FOR IN
ES FOR IN is a Business Services company based in Essen (Germany) founded in 2014. Automated energy flexibility is optimized for industrial and renewable clients. ES FOR IN has raised $8.05 million across 2 funding rounds from investors including SEB Venture Capital, SET Ventures and Christoph Ostermann. ES FOR IN offers products and services including Flexibilitätsvermarktung, Bilanzkreis- & Portfoliomanagement, Direkter Marktzugang, and Direktvermarktung. Its focus areas include Marketing Services. Its legal entity is ESFORIN SE.
Company details
Founded in 2014 in Essen, Germany, the company operates in the energy sector, where automated services for flexibility management are provided to industrial clients and renewable energy producers. Intraday trading, portfolio management, and direct market access for electricity and gas are included in the offerings. Algorithms are utilized to handle energy assets, with operations aimed at cost reduction, grid stability improvement, and renewable integration.
- Headquarters Essen, Germany
- SectorsBusiness Services
- Website esforin.com
- Social LinkedIn
- Legal Name Esforin Se
- Total Equity Funding$8.05M (USD)
in 2 rounds
- Latest Funding Round$8.05M (USD), Series B
May 2023
- InvestorsSEB Venture Capital
& 2 more
Products & Services of ES FOR IN
ES FOR IN offers a comprehensive portfolio of products and services, including Flexibilitätsvermarktung, Bilanzkreis- & Portfoliomanagement, Direkter Marktzugang, and Direktvermarktung.
Automates trading of energy flexibility on intraday markets.
Manages energy portfolios and balance groups for stability.
Provides direct access to energy markets for producers.
Markets electricity from renewable energy sources.
Funding Insights of ES FOR IN
ES FOR IN has successfully raised a total of $8.05M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $8.05 million completed in May 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.
- Total Funding $8.05M
- Total Rounds 2
- Last Round Series B — $8.05M
- Investors Count 3
All 2 funding rounds of ES FOR IN with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2023 | $8.05M | Series B | – | – | |
| Apr 2021 | Seed | – | SET Ventures |
3 investors in total: 2 institutional and 1 angel.
Investors in ES FOR IN
ES FOR IN has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include SEB Venture Capital, SET Ventures and Christoph Ostermann.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm backed by SEB group | sebgroup.com/large-corporates-and-institutions/our-services/seb-venture-capital | Stockholm, Sweden | ||
Investments are directed toward early-stage energy system companies. | setventures.com | Amsterdam, Netherlands | ||
CO Christoph Ostermann | Co-founder of Grofers (Blinkit), active angel investor in Indian startups | unknown_8745c4c52eaa417d8 |
Investor details for ES FOR IN
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of ES FOR IN
3 people are tracked at ES FOR IN (3 in leadership).
| Name | Role | Group |
|---|---|---|
Christoph Gardlo | COO & Co-founder | Leadership |
Christian Hövelhaus | CEO And Founder | Leadership |
Christian Muth | Head Of Sales Utilities | Leadership |
Complete people profiles for ES FOR IN
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of ES FOR IN
3 dated milestones of ES FOR IN across 9 years, from founding to its latest funding, stage changes and deals.
- Founded ES FOR IN is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $8.0M.
Web traffic of ES FOR IN
The website of ES FOR IN (esforin.com) receives about 3.4K visits a month.
- Monthly visits3.4K
▲ 32.8% vs previous month
Websites whose visitors overlap most with ES FOR IN. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
stadt-und-werk.de | stadt-und-werk.de | 100% | #2,192,572 | – | |
thesmartere.com | thesmartere.com | 96% | #4,576,070 | – | |
| statkraft.de | 88% | #2,058,166 | View details |
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Frequently Asked Questions about ES FOR IN
ES FOR IN was founded in 2014 and raised its 1st funding round 7 years after it was founded.
ES FOR IN is headquartered in Essen, Germany. It is registered at Essen, North Rhine-westphalia, Germany.
ES FOR IN is a funded company, having raised a total of $8.05M across 2 funding rounds to date.
Founded in 2014 in Essen, Germany, the company operates in the energy sector, where automated services for flexibility management are provided to industrial clients and renewable energy producers. Intraday trading, portfolio management, and direct market access for electricity and gas are included in the offerings. Algorithms are utilized to handle energy assets, with operations aimed at cost reduction, grid stability improvement, and renewable integration.
ES FOR IN offers Flexibilitätsvermarktung, Bilanzkreis- & Portfoliomanagement, Direkter Marktzugang, and Direktvermarktung.
ES FOR IN has 3 investors. Key investors include SEB Venture Capital, SET Ventures, and Christoph Ostermann.
ES FOR IN operates through Esforin Se.