envelio

The AI engine Fit Assessment

Beta

The company provides software solutions for smart grid operation management. For further information on the fit, check this reference

Blurb

envelio is a cloud based smart grid platform.

HQ Location

Cologne (Germany)

Founded

2017

Employees

120

Total funding raised

$7.95M

Last Funding Event

Acquired by E.ON, December 2021

Smart insights

  • Catherine Msc (Chief People Officer) worked at Lilium as Head of People Business Partnering for 1.5 years (2021 - 2022)
  • Val Miftakhov (Founder & CEO) worked at Google in various roles, including Head of R&D, Google for Work Incubation, for a total of 4 years (2012 - 2016)
  • 6m headcount growth: 25%
  • 1Y headcount growth: 94%
  • Headcount-to-last-round ratio: 5.3 employees/$M

Developer of an intelligent grid platform designed to offer a digital assistance system for technical planning and operations processes. The company's platform links the application of mathematical optimization and analysis processes based on artificial intelligence, detects inconsistencies, and provides computational network models for all voltage models, enabling grid operators to plan and operate sustainable and flexible grids.