powercloud

Offenburg, Germany Founded: 2012 • Age: 14 yrs Acquired By Hansen Technologies
Cloud-based energy solutions for transition and customer engagement are provided.
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About powercloud

powercloud is a company based in Offenburg (Germany) founded in 2012 was acquired by Hansen Technologies in February 2024.. powercloud has completed 1 acquisition, including EN2GO. powercloud offers products and services including SaaS Billing Platform and powerApp Store. powercloud operates in a competitive market with competitors including PowerSecure, Gorilla, Uplight, Technosylva and SparkMeter, among others.

  • Headquarter Offenburg, Germany
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Powercloud Gmbh
Operational Areas
Energy & Utilities → Power Generation & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Hansen Technologies

    (Feb 01, 2024)

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Products & Services of powercloud

powercloud offers a comprehensive portfolio of products and services, including SaaS Billing Platform and powerApp Store. 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.

Primary

Platform for energy billing and management services

Marketplace for energy-related applications and integrations

People of powercloud
Headcount 200-500
Employee Profiles 17
Employee Profiles
People
Tassilo Gröper
Senior Software Developer
People
Michael Ziegler
Chief Information Security Officer @powercloud
People
Philipp Huber
Head Of Accounting
People
Benjamin Radtke
Technical Enterprise Architect / Team Lead

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Funding Insights of powercloud

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2019 Amount Series A - powercloud Valuation General Atlantic
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in powercloud

powercloud has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include General Atlantic and Hansen Technologies. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity fund focused on global markets
Founded Year Domain Location
Provider of software and services for energy and communications industries. It offers solutions for customer relationship management, meter data management, billing, and other critical revenue management processes. The company's software suite enables clients to create and deliver new products and services, engage with customers effectively, and manage essential business operations. Its services include cloud hosting, managed services, and data protection. The focus is on helping clients in these sectors become more digitally driven.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by powercloud

powercloud has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include EN2GO. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Billing management solutions for utilities are provided by EN2GO.
2018
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - powercloud

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Powercloud Comparisons

Employees
+
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Competitors of powercloud

powercloud 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 PowerSecure, Gorilla, Uplight, Technosylva and SparkMeter, 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
Energy efficiency and smart grid management solutions
domain founded_year HQ Location
Developer of electricity transmission based utility projects
domain founded_year HQ Location
AI and SaaS-driven solutions for energy monitoring in residential and commercial buildings
domain founded_year HQ Location
Provider of GIS-enabled software solutions for multiple sectors
domain founded_year HQ Location
Provider of cloud-based digital meters to store and communicate electricity consumption
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Powercloud

Frequently Asked Questions about powercloud

When was powercloud founded?

powercloud was founded in 2012 and raised its 1st funding round 7 years after it was founded.

Where is powercloud located?

powercloud is headquartered in Offenburg, Germany. It is registered at Offenburg, Baden-wurttemberg, Germany.

What does powercloud do?

Founded in 2012 in Offenburg, Germany, powercloud operates within the energy sector. Cloud-based platforms are developed for mid- and back-office processes, including CRM, billing, market communication, and accounting functionalities. Solutions for meter and network operators are also supported through a subscription-based model, facilitating energy transition and customer interactions across European markets.

Who are the top competitors of powercloud?

powercloud's top competitors include PowerSecure, Gorilla and SparkMeter.

What products or services does powercloud offer?

powercloud offers SaaS Billing Platform and powerApp Store.

How many acquisitions has powercloud made?

powercloud has made 1 acquisition, including EN2GO.

Who are powercloud's investors?

powercloud has 2 investors. Key investors include General Atlantic, and Hansen Technologies.

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