I
inavitas
Monitoring, managing and saving energy intelligently for making life more sustainable for the whole world
About inavitas
Established in 2012, inavitas is a technology company headquartered in Ankara, Turkey, that provides a digital energy intelligence platform. The company was founded by a team with deep R&D and academic experience in the energy sector, including Dr. Alper Terciyanli, who holds a Ph.D. in power electronics. Dr. Terciyanli and his partners first founded Endoks in 2011, focusing on power quality, and then established inavitas a year later to concentrate on energy management applications. This background in power electronics and digital transformation has been central to the company's direction.
inavitas operates on a B2B model, providing end-to-end solutions for three primary client categories: electricity distribution companies, renewable energy power plants, and commercial businesses. The company’s revenue model is primarily based on an Energy Management as a Service (EMaaS) subscription, offering both cloud-based SaaS and on-premise installations. Its market reach is global, with offices in Australia and Germany supplementing its Turkish headquarters to serve a growing international client base. Key milestones include becoming a market leader in the Turkish utility sector by 2013, expanding to Australia in 2017, and receiving a $12.5 million investment from Alfasolar Technology Ventures in late 2023.
The core of inavitas's offering is a comprehensive platform that digitizes the entire energy flow, from generation to consumption. For utility clients, it provides advanced distribution management systems including SCADA (Supervisory Control and Data Acquisition) for real-time grid control, an Outage Management System (OMS), and a Volt/VAr Management System (VVMS) to enhance grid stability and efficiency. For the renewables sector, which includes a portfolio of over 2 GW of power plants, the company offers a Power Plant Controller (PPC) and Asset Performance Management (APM) tools to optimize production and monitor assets. Commercial businesses are served with an Energy Management System (EnMS) that allows them to monitor consumption, optimize costs, and improve sustainability. These software solutions are supported by a range of proprietary IoT devices like power meters and gateways, which handle data collection and enable real-time control.
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Dec 2023 | $14M | $55M | Alfa Solar Enerji | ↗ |
Financials
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Growth signals
Latest recorded traffic for inavitas is 3.8K monthly website visits, down 2.6% over the last three months. inavitas's team grew 3.5% over the past year.
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Series B and later1 investor entered at this stage
Alfa Solar Enerji
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