EnerMeet Launches Equity Crowdfunding to Expand Smart Energy Platform Across Italy

With a pre-money valuation of 2.5 million euros and a 108% increase in turnover in the last financial year, EnerMeet is entering the equity crowdfunding market with the aim of accelerating the adoption of its smart metering system in Italian condominiums, aiming for national expansion.

A technology to transform energy management in condominiums

EnerMeet was founded in Milan in 2023 with a clear mission: to make energy management more transparent, efficient, and sustainable. At the heart of the offering is Endi, a proprietary smart metering platform that allows real-time monitoring of heating, cooling, and hot/cold water consumption, transcending traditional annual readings.

The technology integrates meters from different manufacturers and aggregates the data into a single, simple and immediate dashboard. Thanks to analysis algorithms, Endi allows you to quickly identify anomalies, waste and consumption peaks.

Daily use of the platform allows for savings of up to 30% , in a context where energy costs – +240% for electricity and +65% for gas in recent years – are putting pressure on families and condominium administrations.

Today, EnerMeet already has over 100 active condominiums in Northern Italy and a network of more than 50 management firms that have integrated the platform into their services. These results, which come after two years of field validation, represent the foundation for further growth, according to the team.

EnerMeet’s campaign on Ener2Crowd

To support this expansion phase, EnerMeet has launched an equity crowdfunding campaign on Ener2Crowd, a leading platform for green and sustainable investments.

The fundraising target is a minimum of €100,000 and a maximum of €300,000, with a pre-money valuation of €2.5 million.

“With this operation, we aim to consolidate our positioning and bring Endi to hundreds of new condominiums throughout Italy ,” comments Lorenzo Maffioli , CEO and co-founder of EnerMeet.

“The market response over the last two years confirms the need for more advanced monitoring tools. Now we want to significantly expand the installed base and make informed energy use increasingly accessible.”

A new phase of growth for EnerMeet after the success of the 2023 lending

The equity campaign follows the excellent results achieved in 2023 with a previous lending crowdfunding operation, also on Ener2Crowd, which closed in just a few hours.

In 2024, the company EnerMeet continued to grow, posting a 108% increase in revenue and launching new partnerships with local administrators and real estate companies.

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(Featured image by Federico Beccari via Unsplash)

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