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Versiro logo — Software that provides tailor-made strategies for power prod...

Versiro

Software that provides tailor-made strategies for power producers operating in uncertain electricity markets.

Founded 2022 Norway Norway 8 employees Seed Total: $2.30M

General Information

Company Name Versiro
Founded Year 2022
Location Norway Norway +1
Employees 8
Funding Stage Seed
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About Versiro

Versiro, founded in 2022, is an innovative startup based in Norway. The company aims to address the pressing needs of power producers navigating unpredictable electricity markets. Their revolutionary software, derived from cutting-edge research at the Norwegian University of Science and Technology (NTNU), develops tailor-made strategies, as highlighted by their slogan: "Software that provides tailor-made strategies for power producers operating in uncertain electricity markets."

Founded by Simon Risanger and Markus Löschenbrand, the company boasts roots in electrical power engineering and industrial economics—a blend that positions it favorably in the energy technology sector. The recent €2.30M seed investment on 01 July 2024 from investors such as Sondo Capital, Alliance VC, Johannes Teyssen, Henrik Langeland, Fredrik Thomassen, and Nikolai Heum signals strong confidence in their business model. Versiro's strategic approach and academic backing uniquely position it to transform the energy landscape.

Taxonomy: tailor-made strategies, power producers, electricity markets, uncertain market environments, energy software, strategic planning, technical consultancy, algorithmic solutions, energy economics, market analysis, university spin-out, research-based development, energy engineering, industrial economics, technology management

Services & Products

Real-time market positioning
Energy asset and trading optimization
API integration for trading processes
Market volatility management

Target Customers

Hydropower Plant Operators Wind Power Plant Operators Solar Power Plant Operators Virtual Power Plant Aggregators Battery Energy Storage System (BESS) Operators Demand Aggregators Power Producers

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Seed •••••• 6
Investor
•••• •••• 		01 Jul 2024
Early VC •••••• 1
Investor
01 Dec 2022
Spinout •••••• 1 •••• •••• 01 Mar 2022

Versiro Alternatives & Competitors

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FAQ About Versiro

Software that provides tailor-made strategies for power producers operating in uncertain electricity markets.
Versiro was founded in 2022.
Versiro is headquartered in Norway.
Versiro has approximately 8 employees.
Versiro has completed 3 funding rounds, raising a total of $2.30M. The latest funding stage is Seed.
Versiro offers: Real-time market positioning, Energy asset and trading optimization, API integration for trading processes, Market volatility management.
Top alternatives and competitors to Versiro include London Economics International LLC, PEMC, David Energy, Empower Micro Systems Inc., Redx Technologies Australia. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Versiro and London Economics International LLC 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.

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