Advizeo

About Advizeo

Advizeo operates as a specialized provider of energy management solutions, targeting companies and local authorities to curtail the energy consumption of their building portfolios. The firm was established in 2015 as an intrapreneurial venture within the setec engineering group by its founder, Cyril Sailly. Sailly, a graduate of Ecole Centrale Paris with a specialization in energy, conceived the idea after his experience in designing high-performance buildings at setec, recognizing a need to leverage energy data for improving the performance of existing structures.

The company's business model is centered on a one-stop-shop approach that combines a proprietary Software-as-a-Service (SaaS) platform with expert energy management consulting services. Revenue is generated through these integrated offerings, which provide clients with turnkey systems for collecting and analyzing energy data to identify savings opportunities. Advizeo serves a diverse client base across sectors like retail, healthcare, and commercial real estate, including major organizations such as Carrefour, Burger King, and Orange. The company's market position was significantly bolstered by regulatory drivers like the 2019 French tertiary decree and rising energy prices.

Advizeo's core product is an energy management platform that centralizes all energy-related data, including bills, smart meter flows, and data from IoT sensors. This system allows for real-time monitoring, data visualization, budget tracking, and alerts for consumption anomalies. A key differentiator is the blend of this technology with human intelligence; the company employs 'Energy Managers' who use the data to devise and execute tailored action plans, helping clients achieve energy reductions often exceeding 15% without major construction work. A significant milestone was its acquisition by Hager Group in October 2024, a strategic move designed to accelerate international growth and enhance its service offerings by integrating with a global energy management leader. Prior to the acquisition, Advizeo had secured a €5 million Series A funding round in October 2021 from investors including Bpifrance and Crédit Mutuel Equity.