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Piclo logo — The leading independent marketplace for flexibility services

Piclo

The leading independent marketplace for flexibility services

Founded 2013 United Kingdom London, United Kingdom 28 employees Venture round Total: $15.88M Energy

General Information

Company Name Piclo
Founded Year 2013
Location United Kingdom London, United Kingdom
Employees 28
Industries Energy
Funding Stage Venture round
Social

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About Piclo

Piclo is a leading independent marketplace for flexibility services with a mission to decarbonize the grid. The company's software solutions aim to make energy networks smarter, flexible, and more sustainable. With products like Piclo Max, they enable flex sellers, such as EV and battery owners, to access all electricity markets from one place. Additionally, Piclo Flex, their flexibility services marketplace, allows flex buyers, i.e., system operators, to source flexible electricity during times of high demand or low supply. Currently operating in six global markets, Piclo has over 300,000 registered flexible assets representing 22 GW of registered flex capacity, with flexibility contracts awarded totaling £74m and 2.6 GW+ of flexible capacity procured. Founded in 2013 and based in the United Kingdom, Piclo has attracted a Venture - Series Unknown investment as of 20 August 2024. The company has a growing presence in Europe, USA, and the Asia-Pacific regions, with notable operations in the UK, Ireland, Italy, Portugal, Australia, and the United States. With its significant registered flexible assets and successful contracts, Piclo holds promise in the energy sector and demonstrates potential for further expansion.

Business keywords: Smart Grid, Flexibility Services, Electric Vehicles, Batteries, Energy Market Access, Decarbonisation, Grid Optimization, Flex Capacity Management, Technology Innovation, Smart Energy Solutions, Distribution Network Management, Sustainable Grid Solutions

Services & Products

DER marketplace
Energy flexibility solutions
Grid modernization

Target Customers

Flexibility service providers System operators CleanTech innovators

Funding Rounds & Investors (12)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Series Unknown Undisclosed -
20 Aug 2024
Series B £8.30M 6
Clean Growth Fund Future Energy Ventures Sustainable Future Ventures
Clean Growth Fund, Future Energy Ventures +4
22 Mar 2023
Series A £4.70M 3
Clean Growth Fund Green Angel Ventures
Clean Growth Fund, Green Angel Ventures +1
06 May 2021
Grant £539.10K 2
Social Tech Trust Innovate UK
Social Tech Trust, Innovate UK
01 Apr 2019
Seed Round £520.15K 2
Green Angel Ventures
Green Angel Ventures, Ian Marchant
01 Sep 2018
Grant £412.50K 1
Department for Business, Energy and Industrial Strategy
01 Sep 2017
Seed Round £400.42K 1
Ian Marchant
01 Dec 2016
Seed Round £303.13K 2
Bethnal Green Ventures
Bethnal Green Ventures, Ian Marchant
01 Nov 2015
Seed Round £185.00K 2
Bethnal Green Ventures
Bethnal Green Ventures, Ian Marchant
01 Apr 2015
Non Equity Assistance Undisclosed 1
Pitch@Palace
Pitch@Palace
05 Nov 2014

View All 12 Funding Rounds

Latest News

View All
The startups fixing Europe’s AI power problem — Eu-startups
The startups fixing Europe’s AI power problem
Eu-startups Sep 21, 2026
Future Energy Ventures closes €205 million Fund II, strengthening its role in European EnergyTech VC — Eu-startups
Future Energy Ventures closes €205 million Fund II, strengthening its role in European EnergyTech VC
Eu-startups Nov 27, 2025
Future Energy Ventures secures €205M to power the next wave of energy innovation — Tech
Future Energy Ventures secures €205M to power the next wave of energy innovation
Tech Nov 27, 2025
Piclo raises new funding from EDP for energy asset trading — Tech
Piclo raises new funding from EDP for energy asset trading
Tech Aug 20, 2024

Piclo Alternatives & Competitors

View All Alternatives
Piclo vs
Electron
Electron United Kingdom

Launch, operate and coordinate multiple markets for flexibility and distributed energy.

Venture round
68 employees
Blockchain, Data Analytics
Piclo vs
BRIGHTBLU
BRIGHTBLU India

We Charge Electric Vehicles

Seed
16 employees
Cloud Infrastructure, Energy
Compare Piclo vs BRIGHTBLU
Piclo vs
Time Shift a Dumarey Green Power company
Time Shift a Dumarey Green Power company The Netherlands

Energy Storage Solutions for the future. 2nd-life EV batteries.

4 employees
E-Commerce, Energy
Compare Piclo vs Time Shift a Dumarey Green Power company
Also compare with: Piclo vs Axle Energy Axle Energy View all alternatives

FAQ About Piclo

The leading independent marketplace for flexibility services
Piclo was founded in 2013.
Piclo is headquartered in London, United Kingdom.
Piclo operates in Energy. Its work centres on Smart Grid, Flexibility Services, Electric Vehicles and Batteries. Its customers include Flexibility service providers, System operators and CleanTech innovators.
Piclo has approximately 28 employees.
Piclo has completed 12 funding rounds, raising a total of $15.88M. The latest funding stage is Venture round.
Piclo offers: DER marketplace, Energy flexibility solutions, Grid modernization.
Top alternatives and competitors to Piclo include Electron, BRIGHTBLU, Time Shift a Dumarey Green Power company, SMPnet, Axle Energy. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Piclo and Electron are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Piclo, https://www.bouncewatch.com/company/piclo, updated 25 September 2026. When citing, please name BounceWatch and link this page.

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