Two million euros for Solarize

Solarize wants to simplify the billing of tenant electricity. The start-up has now received capital for the market launch of its solution.
News by Sophie Deistler Sophie Deistler · Stuttgart, 24. January 2022

Solarize wants to simplify the billing of tenant electricity. The start-up has now received capital for the market launch of its solution.

Solarize has received two million euros from investors. Picus Capital and Millennium Venture Capital led the financing round. Ten business angels are also supporting the team with know-how.

The start-up intends to use the investment to launch its Microgrid Operating System on the market. The system facilitates the billing of electricity costs for multi-party properties. This allows several tenants to use the electricity from the photovoltaic system on the shared building themselves. Previously, this was hardly possible, meaning that the electricity generated had to be fed into the public grid and then bought back. Solarize has combined a measuring system with software for this purpose.

"Solarize's goal is clearly sustainability: we are driving forward the energy transition in high-consumption commercial properties and will establish ourselves as the first port of call for tenant electricity in the commercial sector," says Solarize founder and Managing Director Frederik Pfisterer. "We want to make an active contribution to the energy transition and decentralized power generation and distribution. Thanks to our SaaS solution, both commercial property owners and tenants benefit."

Pfisterer founded Solarize in 2020 together with Andi Weiß and Florian Feigenbutz in Stuttgart. The tenant electricity solutions are already being used by the property managers of Berliner Häuser Verwaltungs-GmbH and leisure investment.



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