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ELIQ

Energy · Göteborgs Stad, Sweden · Founded 2015

Analysis and visualisation of energy data MoreLess

Founded in 2010 by Håkan Ludvigson, Joakim Botha, and Olof Hartelius, ELIQ is a software company specializing in energy data analysis and customer engagement for utilities. The company originated from a vision to empower households to understand and manage their energy consumption, a concept that stemmed from the founders' collective expertise in technology and energy markets. Håkan Ludvigson, serving as CEO, brings a background from the telecom and IT sectors, which has been instrumental in shaping the company's data-driven approach.

ELIQ's core business revolves around providing a white-label software-as-a-service (SaaS) platform to utility companies. This platform ingests energy data from smart meters and other sources, then translates it into actionable insights for residential customers through user-friendly mobile and web applications. By offering features like real-time energy monitoring, consumption breakdown by appliance category, tariff analysis, and personalized saving recommendations, ELIQ enables utilities to enhance their customer relationships, reduce churn, and support energy efficiency goals. The business model is primarily B2B2C, where utilities subscribe to the platform and offer it as a branded service to their end-users. Revenue is generated through these recurring subscription fees from utility providers.

The service delivers detailed analytics, allowing consumers to track their electricity usage and identify opportunities for savings. For instance, the platform can forecast future energy bills and provide comparisons with similar households, encouraging behavioral changes that lead to lower consumption. For utility companies, ELIQ's platform serves as a powerful tool for digital transformation, helping them to move beyond being simple commodity providers to becoming comprehensive energy advisors. This shift is critical in a competitive market where customer retention and value-added services are paramount. The company has established a significant presence in the European energy sector, partnering with numerous utilities to deploy its customer engagement solutions.

Keywords: energy analytics, utility software, customer engagement, SaaS, smart meter data, energy efficiency, home energy management, B2B2C, cleantech, data visualization

Valuation $0–100M
Revenue $1–10M
Headcount <100
Total funding $10–50M
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Company overview

ELIQ company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2015
Headquarters
Göteborgs Stad, Sweden
Employees
71
Open positions
None listed
Dealroom signal
84.7
client focusb2bclient focusb2csub industryEnergy EfficiencytechnologyIoT InternetOfThingssub industryEnergy StoragesectorSmart Gridbusiness modelSaaSsectorAnalyticssectorVisualizationsectorSmart HomesectorSustainable Development GoalssectorClimate TechsectorNordic Rising Star 2022sectorHard Tech

Valuation & funding

ELIQ funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCEquity / VC Jan 2025 $0 Volvo Cars Tech Fund
EARLY VCEquity / VC Nov 2023 $11M $44M Valkea · Inven Capital · Axpo Group
SUPPORT PROGRAMOther financing Apr 2022 $0 HEC Paris
SERIES AEquity / VC Sep 2020 $5.5M $22M Contrarian Ventures · Inven Capital
EARLY VCEquity / VC Nov 2017 $3.6M $15M CBC Investment Group
EARLY VCEquity / VC Aug 2016 CBC Investment Group
SEEDEquity / VC Aug 2016 CBC Investment Group
SEEDEquity / VC May 2015 Undisclosed
Showing 8 recorded eventsUnlock the complete deal history →

Financials

Revenue, earnings and profit over time

Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.

YearRevenueGrowthEBITDAMarginProfitMargin
2026 $2M 0% −$1.4M -70.7% −$2M -100.8%
2025 $2M 0% −$1.4M -70.7% −$2M -100.8%
2024 $2M 0% −$1.4M -70.7% −$2M -100.8%
2023 $2M -0% −$1.4M -70.7%
2022 $2M +39.3% −$1.4M -70.7%
2021 $1.4M -1.9% −$1.5M -103%
2020 $1.5M −$104K -7.1%
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

ELIQ website traffic

Latest recorded traffic for ELIQ is 45K monthly website visits, down 6.3% over the last three months. ELIQ's team grew 10.9% over the past year.

Latest monthly visits45K 3-month web change-6.3% 1-year team growth+10.9%
Monthly website visits126 observations · Jan 2016–Jul 2026
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Comparisons

ELIQ compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

ELIQ's talent

Book a demo to see the people
Team profiled 17 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 6 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

13 investors on ELIQ's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Series A 5 investors entered at this stage
CBC Investment Group
Contrarian Ventures
Inven Capital
Valkea
Axpo Group
Series B+ 1 investor entered at this stage
Volvo Cars Tech Fund
Other known 7 additional known investors
HEC Paris
Almi Företagspartner
Almi Invest
HEC Paris Incubator
Plug and Play
Swedish Energy Agency
Techstars

Global footprint

Where ELIQ has talent and traffic

Workforce by country
9 countries with
team presence
🇸🇪 Sweden71.9%
🇱🇹 Lithuania14%
🇨🇿 Czech Republic3.5%
🇮🇹 Italy1.8%
🇳🇴 Norway1.8%
Top 5 of 9 shown

In the news

Latest news about ELIQ

Recent press, funding announcements, and product moves mentioning ELIQ — open to read from the original sources.

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Market sentiment

What the market is saying about ELIQ

An AI-synthesized read of the highest-engagement posts about ELIQ on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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