Seed · IoT & Sensors · Lausanne, Switzerland · Founded 2020 · 2–10 employees
Evoly transforms old-generation energy meters into smart ones using plug-and-play solutions at a tenth of the cost of traditional smart meters. The Y Combinator-backed company helps utilities and cities manage energy consumption through real-time data, enabling fraud detection, remote reading, automatic billing, and dynamic pricing. They have already signed deployment test agreements with utilities in the US and waste managers in Switzerland. The company raised $650,000 and won CHF 150,000 from Venture Kick to expand their technology and customer base.
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