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Evoly

Evoly

Private
Lausanne, VaudEnergy & Sustainabilityhttps://www.evolyenergy.com

Last Round

Grant

Nov 2, 2022

Total Funding Raised

$690,000

Company Overview

Evoly is a technology company that provides smart metering and waste management solutions for utilities and municipalities. The company develops IoT sensor devices for electricity, water, gas, and waste bin fill-levels, along with a subscription-based software platform. This "smart metering as a service" model enables clients to remotely read meters, detect fraud and leaks, implement dynamic pricing, and optimize waste collection logistics. Evoly aims to make smart grid technology more accessible and affordable, helping to improve energy efficiency and reduce operational costs. The company is a Y Combinator (S22) alumnus and has secured funding from investors like Venture Kick.

Sector

Energy & Sustainability

Verticals

Energy Management, Smart Grid, IoT Hardware, Waste Management, Sensors

Business Model

B2B

Customer Profile

Hardware + Subscription, Subscription SaaS, Services & Consulting

AI Layer

Application

Keywords

smart meteringmeter retrofitutility softwareutility IoTmetering as a serviceLoRahardware-as-a-serviceHaaSsmart grid techautomated billingsmart city techanomaly detectionleak detectionsmart waste management

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Evoly Comparables

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Evoly comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Waltero
84%
Jooby
82%
ThingsLog
79%

Evoly Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
GrantNov 2, 2022
SeedJun 1, 2022
GrantMay 17, 2022

Evoly Investors

Notable investors and investment history

Evoly investors
InvestorRounds
Kima VenturesSeed
Pioneer FundSeed
Y CombinatorSeed
Rebel FundSeed
Venture KickGrant

Evoly Filings

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TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Firmographic Details

HeadquartersLausanne, Vaud
Employee Range5
Year Founded2021
Last FundingNov 2, 2022

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