Solandeo

Berlin, Germany Founded: 2011 • Age: 15 yrs Acquired By Ancala
Power management software and energy trading platforms are provided online.
Annual revenue - Latest available
Total funding $7.7M 2 rounds
Employees 37 Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Solandeo

Solandeo is a company based in Berlin (Germany) founded in 2011 was acquired by Ancala in June 2024. Solandeo has raised $7.73 million across 2 funding rounds from investors including Brandenburg Capital, High-Tech Gründerfonds and Ancala. The company has 37 employees as of December 31, 2021. Solandeo offers products and services including Messstellenbetrieb, Fernsteuerung, and Prognosen. Solandeo operates in a competitive market with competitors including Equilibrium Energy, Odyssey Energy Solutions, RadianGEN, Clear Blue Technologies and Lancium, among others.

  • Headquarter Berlin, Germany
  • Employees 37 as on 31 Dec, 2021
  • Sectors
    Energy & Utilities
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $7.73 M (USD)

    in 2 rounds

  • Latest Funding Round
    $7.73 M (USD), Series A

    Mar 22, 2022

  • Investors
  • Employee Count
    37

    as on Dec 31, 2021

  • Acquired by
    Ancala

    (Jun 28, 2024)

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Products & Services of Solandeo

Solandeo offers a comprehensive portfolio of products and services, including Messstellenbetrieb, Fernsteuerung, and Prognosen.

Product name locked
Category locked
Primary

Manages smart meters for energy monitoring services

Product name locked
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Enables remote management of renewable energy systems

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Provides AI-based predictions for energy yield

People of Solandeo

Headcount 50-200
Employee Profiles 14
Employee Profiles
People
Tamina John
Key-account-managerin
People
Ole Kuhlmann
Account-manager
People
Axel Limbach
Data Scientist
People
Nora Rieger
Chief Operations Officer

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Funding Insights of Solandeo

Solandeo has successfully raised a total of $7.73M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $7.73 million completed in March 2022. 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 Solandeo

Solandeo has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Brandenburg Capital, High-Tech Gründerfonds and Ancala.

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Venture Fund
Investor Description Founded Year Domain Location
Investments are directed by Brandenburg Capital toward multiple sectors.
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Early-stage investments are made in high-tech startups by HTGF.
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Infrastructure investments are managed by Ancala for global institutional investors.
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Investor details for Solandeo

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Investments & Acquisitions by Solandeo

Investments
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Investment portfolio details for Solandeo

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Financial Statements - Solandeo

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Detailed financials for Solandeo

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Solandeo Comparisons

Solandeo Primary company
Description
Power management software and energy trading platforms are p...
Location
Berlin, Germany
Founded Year
2011
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
37
As of 2021
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Peer comparison for Solandeo

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Competitors of Solandeo

Solandeo 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 Equilibrium Energy, Odyssey Energy Solutions, RadianGEN, Clear Blue Technologies and Lancium, among others.

Company Name Domain Founded year HQ Location Description
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Software solutions for energy portfolio management are offered.
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End-to-end platform for distributed renewable energy finance is provided.
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Solar asset management services are provided for PV projects.
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Smart off-grid controllers are developed for renewable energy systems.
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Cloud-based portfolio management software is provided for renewable energy.
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Carbon footprint is tracked and managed through a cloud-based platform.
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Detailed competitors of Solandeo

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Latest news on Solandeo

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Complete news archive for Solandeo

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Frequently Asked Questions about Solandeo

Solandeo was founded in 2011 and raised its 1st funding round 4 years after it was founded.

Solandeo is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.

Solandeo is a funded company, having raised a total of $7.73M across 2 funding rounds to date.

As of Dec 31, 2021, the latest employee count at Solandeo is 37.

Online platform offering power management software. It offers an energy trading platform and power management software. This includes communication of real-time output, remote power management, and an interface to the energy traders IT platform. The company also offers energy metering operations, AI-based price forecasting, operation of smart metering, remote control of renewable facilities, and the technical upgrading of wind turbines, solar panels, and bio-methane cogeneration.

Solandeo's top competitors include Equilibrium Energy, Clear Blue Technologies and Lancium.

Solandeo offers Messstellenbetrieb, Fernsteuerung, and Prognosen.

Solandeo has 3 investors. Key investors include Brandenburg Capital, High-Tech Gründerfonds, and Ancala.

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