metergrid wins Johannes Mewes as investor and managing director

The strategic decision is intended to drive the further development of the holistic digital solution offering and support metergrid in the scaling phase. A first investment round is planned.

Stuttgart - Johannes Mewes, former CPO of Freenow (formerly MyTaxi), will join the company as Investor and Managing Director. Together with Co-Founder Julian Schulz, he will lead the company and focus on further developing a holistic digital solution offering for tenant power.

Johannes Mewes brings valuable experience and expertise to the company. His knowledge in company formation, product development and building strategic partnerships will help drive innovative tenant power solutions and support metergrid in the upcoming scaling phase.

We are confident that we will be able to fully realize our growth potential with the planned tenfold increase in residential units served. In addition, we are open to investment to accelerate our expansion plans.

Julian Schulz, Co-Founder & CEO metergrid

Despite its comparatively short time on the market, metergrid expects annual sales in the seven-digit range in 2023. By the end of the year, the company is expected to provide green tenant power to approximately 25,000 tenants. This growth reflects strong demand and metergrid's holistic approach. The 'startup also has ambitious plans and aims to increase the number of residential units supplied in multi-apartment buildings tenfold by the end of 2025.

First investment round in the next few months

To achieve these ambitious goals, metergrid is planning a first round of investment in the coming months. The future investment will make the metergrid product accessible to the approximately 4 million landlords and 40 million tenants of multi-apartment buildings in Germany. The company aims to simplify the energy supply for apartment buildings and make tenant electricity affordable for everyone. The additional investment will also be used to further develop technological innovations and expand metergrid's reach.

Since its founding in 2020, metergrid has been developing a tenant power solution and establishing itself as a partner for the housing and real estate industry. The company offers a SaaS solution that enables private landlords and small and medium-sized real estate companies to profitably implement tenant electricity projects. In addition to the billing software, metergrid offers comprehensive solutions in the areas of technology and project implementation. Thanks to a strong partner network, metergrid has succeeded in making tenant electricity scalable throughout Germany.