Powercloud

Powercloud

Powercloud is a German energy software company. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
CAD45m (Public information from Feb 2024)
Company register number HRB 714770 (Mannheim)
Achern Baden-Württemberg (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2018201920202021
EBITDA10.5m11.2m6.0m(3.4m)
Profit7.3m7.6m3.6m(5.2m)
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DateInvestorsAmountRound

N/A

Growth Equity VC
*

€30.0m

Valuation: €30.0m

Acquisition
Total Funding-

Recent News about Powercloud

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More about Powercloudinfo icon
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Powercloud is a technology company that specializes in providing cloud-based billing and customer relationship management (CRM) solutions tailored for the energy sector. The company serves utility providers, energy retailers, and other stakeholders within the energy market. Powercloud operates in the rapidly evolving energy market, focusing on the digital transformation of energy companies to improve their operational efficiency and customer engagement.

The business model of Powercloud revolves around a Software-as-a-Service (SaaS) platform, which means they offer their software solutions over the internet on a subscription basis. This model allows clients to scale their usage based on their needs and reduces the need for significant upfront investment in IT infrastructure.

Powercloud generates revenue primarily through subscription fees for its platform, which includes features such as automated billing, customer management, and data analytics. These features help energy companies streamline their operations, reduce costs, and improve service delivery to their customers.

The company's solutions are designed to support the energy transition (Energiewende) by enabling decentralized energy storage and management, which is crucial for integrating renewable energy sources into the grid.

Keywords: cloud-based billing, CRM solutions, energy sector, utility providers, SaaS platform, digital transformation, operational efficiency, customer engagement, energy transition, decentralized energy.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.