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The two Engrate co-founders standing side by side in the office, daylight through the curtains behind them

About Engrate

Making energy simple

We build the platform that connects software to the European electricity market, so the companies powering the transition can spend their time on their product instead of on protocols.

Richard Eklund

Co-founder and CTO

Anna Engman

Co-founder and CEO

Why we exist

The industry powering everything runs on the oldest software

Electricity is the foundation under everything else we are trying to build. Clean, cheap and abundant energy is the condition for most of it.

And yet the companies delivering it are working with systems designed decades ago, held together by spreadsheets and by people manually retyping numbers into portals. Enormous amounts of capital are moving from fossil to renewable energy right now, and the teams best placed to use it are waiting on integration projects.

We started Engrate because we kept hitting that wall ourselves, building energy products at Tibber, at Volvo Cars, and before that at Spotify. The market rules were public. The protocols were documented. Connecting to them still took a year, every time, in every country.

So we built the layer we wanted: declare what should be true, and let software keep the markets in sync.

Beliefs

What we believe

  1. Energy companies deserve modern tools

    The same developer experience a startup takes for granted should be available to the people keeping the lights on.

  2. Complexity is ours to absorb

    Market rules are genuinely complicated. That is our job. What reaches you should be plain, and it should be true.

  3. Machines should be able to trust the answer

    When your code or your agent asks us something, it gets data that is structured, validated, documented and current. That is the bar we hold ourselves to.

  4. Speed decides who gets to build

    A market you can enter in days is a market you can experiment in. A market that takes two years is a market you never try.

Where we stop

What we will not do

Being the layer under other people's products only works if we are predictable about our limits. These are permanent.

  • We are neutral

    We work for you, not for a DSO, an exchange or a trading house. We do not sell your data and we do not give one customer a view of another's.

  • We own no assets

    No generation, no storage, no portfolio. We never compete with the customers building on us.

  • Decisions stay with you

    Every trading and commercial call is yours. We communicate your decisions to the market and show you exactly what was sent and what came back.

Team

Who is building this

A small team across Sweden, Norway and Switzerland, most of us from the inside of the industry we are rebuilding.

Four of the Engrate team standing and talking in the office, one of them holding an open laptop

Investors

Backed by

  • Maniv
  • Norrsken Evolve
  • Course Corrected
  • Eviny Ventures
  • NP Hard

Careers

We are hiring, carefully

We keep the team small and give people a lot of room. If you have built inside the energy industry and found it frustrating, we would like to talk, whether or not a role is posted.

Four of the team laughing around the meeting-room table, a laptop open and a screen on the wall behind them

Come and see it

The fastest way to understand what we do is thirty minutes with your own assets and markets on the screen.

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