Kapacity Analysis: $125K Raised
What is Kapacity?
Kapacity.io builds software that connects heat pumps to electricity retailer programs and the smart grid. Its platform manages device data, dispatch, optimization, and dynamic tariffs for flexible residential load. The company is part of EnergyHub, which reports 1.6 million connected devices, 70 utilities, and 2,000 megawatts of flexible capacity.
Location
Siltasaarenkatu 10, 00530 Helsinki, Finland
Employees
1-10
Founded
2020
Industry
Kapacity Operates In The Energy Technology Industry, Specifically Focusing On Smart Energy Management Solutions. This Industry Encompasses The Development And Implementation Of Technologies That Optimize Energy Consumption, Enhance Grid Stability, And Facilitate The Integration Of Renewable Energy Sources. Kapacity's Platform Is Designed To Optimize Residential Heat Pumps, Enabling Energy Companies To Manage Demand Response Effectively And Provide Cost Savings For Households And Commercial Clients. Their Services Include Automated Dispatch Programs, Dynamic Tariff Control, And Real-time Performance Reporting, Catering To A Diverse Audience That Includes Energy Companies, Heat Pump Manufacturers, And End-users Seeking To Reduce Electricity Costs.
Revenue
$200k - $5M
Business Model
Pure Industrial Software
Full Address
Siltasaarenkatu 10, 00530 Helsinki, Finland
Funding Status
Pre-Seed
HQ Location
Helsinki, Finland
YC Batch
S21
Product Features & Capabilities
- Smart heat pump control, automated energy management, smart temperature control, dynamic price control, integration with existing setups, no extra hardware required, compatibility with various devices.
Use Cases
Help households schedule heating and EV charging for cost savings; Enable energy companies to forecast load profiles accurately; Automate demand response for commercial clients like DB Schenker; Assist pension providers in managing peak electricity consumption; Provide real-time insights for energy management
Pricing
- Lite Plan:
- 4€/month
- Control of one air-to-air heat pump
- Electricity price optimization
- Energy optimization based on weather
- Customer support
- 30-day Free trial
- Standard Plan:
- 8€/month
- Unlimited number of devices
- Electricity price optimization
- Energy optimization based on weather
- Hot Water Boost
- NEW! Solar monitoring
- Customer support
- 30-day Free trial
- Yearly Pricing:
- Lite Plan: 38€/year
- Standard Plan: 76€/year
- Up to 20% OFF on Yearly plans
How much Kapacity raised
Pre-Seed - $125,000
August 31, 2021Lead Investor: Y Combinator
Who are the founders of Kapacity
Competitors Overview
Kapacity operates in the smart energy management sector, focusing on optimizing heat pump control. Its main competitors include:
-
Span: Offers a Smart Panel that replaces existing electrical panels, providing advanced monitoring and control capabilities for whole-home backup. This allows for enhanced circuit management and energy efficiency.
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Schneider Electric: A well-established player with the Square D Energy Center, which integrates monitoring and control systems. It offers options for partial and whole-home backup but lacks remote switching capabilities for circuits.
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Lumin: Provides a Smart Panel that adds functionality to existing electrical panels, allowing for circuit-level monitoring and control. It can be stacked for additional capacity, making it a flexible option.
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Generac: Although its PWRmanager is not yet commercially available, it promises to integrate with existing panels for circuit-level monitoring and control, similar to Lumin.
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Emporia: Takes a decentralized approach using smart plugs and energy monitors for circuit-level monitoring without the need for a smart panel, offering a cost-effective solution for energy management.
Notable differences among these competitors include the type of installation (replacement vs. add-on), the level of monitoring accuracy, and the control capabilities. For instance, Span and Schneider Electric provide whole-home backup, while Lumin and Generac focus on circuit-level control.
Investors
- Atlantic Labs
- Blackstone LaunchPad
- Climate Capital
- M.I.L. Invest
- Nordic Makers
Market Focus
Kapacity primarily focuses on the smart energy management industry, specifically optimizing heat pump control to enhance energy efficiency and reduce electricity costs.
Full Description
Kapacity provides a cloud-based platform for optimizing residential heat pumps, enabling energy companies to manage demand response and enhance grid stability. Their technology integrates with various heat pump brands, allowing users to save on energy costs while supporting renewable energy usage.
Other Considerations
Part of EnergyHub managing over 1.6 million devices; Supports 20+ major heat pump brands; 94% user satisfaction in ease of connection; Up to 25% reduction in electricity costs for end-users
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