Previse Systems

About Previse Systems

Previse Systems AG is a software company based in Zug, Switzerland, that provides a cloud-native Energy Trading and Risk Management (ETRM) platform for the European energy markets. Founded in 2019 by six industry veterans with extensive experience in the ETRM sector, the company was established to redesign how ETRM software is created, implemented, and operated. The founders, including CEO Asbjørn Hansen, aimed to develop a modern solution without the constraints of legacy systems. The company's core product is Previse Coral, a SaaS platform designed to handle the complexities of modern energy trading, including electricity, natural gas, and certificates. The system is built on a modern technology stack, including .NET Core, microservices, and serverless computing, and is hosted on Microsoft Azure. This architecture is designed for scalability and performance, enabling clients to manage high volumes of intraday trades, process large datasets in real-time, and adapt to market volatility while aiming to keep operational costs low. Key features include trade capture and management for various instruments, automated settlement and invoicing, price management with a flexible API, and a Master Data as a Service (MDaaS) offering for centralized reference data. Previse Systems operates on a business model that emphasizes community and collaboration through its Coral Ecosystem, an app-store-like platform. This allows Previse, its customers, and third-party developers to create, publish, and resell specialized applications that integrate with the core Coral system. The company serves a range of clients, from traders and utilities to producers and generators across Western Europe and the Middle East, with a customer base of over 20 companies, including top-tier energy firms like GETEC Group and C-energy. The business generates revenue through its SaaS solutions. Previse Systems has secured funding from investors including the Swiss Technology Fund and a growth capital investment from Lightrock, which took a minority stake in 2025 to support the company's product development and geographic expansion. The founders retain control of the business.