About Powel
Powel is a company based in Trondheim (Norway) founded in 1996 was acquired by GeoDigital in December 2011.. Powel has completed 2 acquisitions, including Cascade and Elsmart.com. Powel offers products and services including Energy Market Data & Forecasts, Energy Production Planning Software, Energy Trading Software, Power Grid Software, and Construction Software. Powel operates in a competitive market with competitors including Landis+Gyr, Itron, Tantalus, GreenCom Networks and Esyasoft, among others.
- Headquarter Trondheim, Norway
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Sectors
TechnologyEnergy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Volue Asa
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Annual Revenue
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Net Profit
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EBITDA
$-254.62 K (USD)92as on Dec 31, 2021
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Latest Funding Round
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Investors
GeoDigital
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Cascade
& 1 more
- Acquired by
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Products & Services of Powel
Powel offers a comprehensive portfolio of products and services, including Energy Market Data & Forecasts, Energy Production Planning Software, Energy Trading Software, Power Grid Software, and Construction Software. 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.
Provides fundamental and price forecasts for energy market participants.
Automates power production planning and optimization processes.
Offers solutions for automated short-term energy trading.
Enables real-time design, maintenance, and monitoring of power grids.
Manages construction projects for efficiency and low risk.
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Funding Insights of Powel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Powel
Powel has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include GeoDigital and Arendals Fossekompani. 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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Company that operates in the energy and real estate sectors, providing electric energy production and sale, as well as property management and development services
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Founded Year | Domain | Location | |
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Provider of 3D data of remote sensor, and spatial intelligence technologies
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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 Powel
Powel has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Cascade and Elsmart.com. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Municipal wastewater management services are provided in Norway.
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2017 | ||||
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Provider of software for handling messages and work orders
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1999 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Powel
| 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 |
Powel Comparisons
Competitors of Powel
Powel 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 Landis+Gyr, Itron, Tantalus, GreenCom Networks and Esyasoft, 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 |
End-to-end energy management solutions are provided for utilities worldwide.
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| domain | founded_year | HQ Location |
Cloud-based end-to-end solutions for smart grids are provided.
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| domain | founded_year | HQ Location |
Smart grid communication solutions are provided for utilities by Tantalus.
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| domain | founded_year | HQ Location |
Cloud & AI-based mesh networking management solutions provider
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| domain | founded_year | HQ Location |
AI-powered solutions for energy grid modernization are provided.
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| domain | founded_year | HQ Location |
Energy and water metering systems are manufactured and marketed globally.
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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 Powel
Frequently Asked Questions about Powel
When was Powel founded?
Powel was founded in 1996.
Where is Powel located?
Powel is headquartered in Trondheim, Norway. It is registered at Trondheim, Trøndelag, Norway.
What does Powel do?
Powel was founded in 1996 and is headquartered in Trondheim, Norway. Software solutions are provided to the energy, public, and contracting sectors, with focus areas including hydro production optimization, network information systems, smart metering, water and wastewater management, and 3D modeling for road and tunnel projects. Over 1000 clients in Europe are served across public and private domains.
Who are the top competitors of Powel?
Powel's top competitors include Landis+Gyr, Tantalus and Esyasoft.
What products or services does Powel offer?
Powel offers Energy Market Data & Forecasts, Energy Production Planning Software, Energy Trading Software, Power Grid Software, and Construction Software.
How many acquisitions has Powel made?
Powel has made 2 acquisitions, including Cascade, and Elsmart.com.
Who are Powel's investors?
Powel has 2 investors. Key investors include GeoDigital, and Arendals Fossekompani.
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