epilot, a Cologne, Germany-based provider of a cutting-edge platform for digital transformation in the energy transition sector, has secured €10 million in financing.
Investors
The investment was made by Expedition Growth Capital, a software specialist growth equity firm with offices in London and Boston. They invest €10 million to €30 million in minority investments in some of Europe's most exciting growth companies.
With the investment, Expedition partner Will Sheldon joins epilot's Advisory Board.
epilot Use of Funds
The company will use the funding to accelerate its ambitious roadmap and enhance the platform’s capabilities, including new AI features, and also expand its team.
About epilot
Founded in 2017 by Michel Nicolai, Szilard Toth, and Rolf Benken, epilot offers an all-in-one solution that standardizes processes and reduces complexity for enterprise customers. Their platform allows energy suppliers to automate sales processes for renewable energy products, streamline customer inquiries, and manage installation companies more efficiently. epilot is used by over 150 customers, including notable names like badenova, DEW21, enercity, and Mainzer Netze.
Funding Details
Company: epilot GmbH
Raised: €10.0M
Round: Unknown
Funding Month: July 2024
Lead Investors: Expedition Growth Capital
Additional Investors:
Company Website: https://epilot.cloud/
Software Category: Energy
Source: https://epilot.cloud/blog/epilot/epilot-erhaelt-10-millionen-euro-von-expedition-growth-capital-um-energiewende-zu-beschleunigen/