Sifted: startup more than doubles customers in 3 months
Sifted covers Elvy, more than doubling customers in three months. It runs the home's energy system: solar panels, heat pumps, batteries and grid optimisation.
Elvy has more than doubled its customer base in three months, growth that is now catching the attention of the tech publication Sifted.
For a fixed monthly cost, Elvy takes care of solar panels, heat pumps, batteries and grid optimisation for the customer. Co-founder and CEO Johan Outinen says the subscription cuts customers' energy costs and smooths out the swings in the electricity bill.
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- In the media -
Elvy raises €500m for European expansion
The €500m raise, arranged with Swedish financier Scayl, funds Elvy's energy-subscription rollout across Sweden and a first step into eastern Europe.
- In the media -
Elvy raises SEK 5.5 billion for its solution
Sweden's Elvy, which offers households an energy subscription, confirms earlier reports to Di and is raising SEK 5.5 billion in debt financing.
- In the media -
Elvy rolls out energy subscription in hundreds of homes
Elvy has rolled out its energy subscription in hundreds of homes and expects around 300 million kronor in revenue this year. Now borrowing 5 billion to expand.
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Homeowners no longer manage their own power and heat. They decided they had better things to do.
Curious to do the same?