Envelio

Envelio is a German startup founded in 2017 that offers the Intelligent Grid Platform, a software as a service solution focused on aiding grid operators in managing the energy transition. The platform utilizes advanced algorithms incorporating artificial intelligence and mathematical optimization to enable the integration of millions of distributed energy resources into distribution grids. Furthermore, it leverages data obtained from smart meters to facilitate planning and operations in the grid. Envelio's slogan "Envelio's software uses AI and optimization to enable integration of distributed energy resources and tackle power grid challenges" encapsulates its core value proposition. The company operates in the Data Analytics and Information Technology industries, catering to the growing demand for innovative solutions in the energy sector. Despite not having publicly disclosed the details of its last investment and the last investment investors, Envelio's focus on leveraging AI and optimization to address challenges in the power grid positions it as a promising player in the industry.