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We develop products that allow manufacturers to easily monitor energy consumption and gain insight into machine maintenance. Our focus is on making smart monitoring simple. We do this by offering a…

We develop products that allow manufacturers to easily monitor energy consumption and gain insight into machine maintenance. Our focus is on making smart monitoring simple. We do this by offering a…
Headquarters: Utrecht, Netherlands
Founded: 2016
Product: Hardware-enabled SaaS for machine-level energy & production monitoring (energy, gas, compressed air, water, temp/humidity), predictive maintenance, OEE
Customers / Scale: Thousands of customers across multiple countries; cited ~1,900 customers
Recent financing: €25M round led by Blume Equity; earlier Series A €3.7M (Mar 26, 2021)
Industrial energy/resource efficiency, machine-level monitoring, predictive maintenance, operational efficiency for manufacturers
2016
IT Services and IT Consulting
€3.7M
Investors on the round included Korys, FORWARD.one, and EIT InnoEnergy.
€25M
Round included participation from FORWARD.one, Korys, and SET Ventures.
“Led by Blume Equity in a €25M round; existing investors include FORWARD.one, Korys, and SET Ventures.”
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