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Elvy
Elvy is a renewable energy services company headquartered in Stockholm, Sweden, providing specialized solutions and management for clean energy projects with a dedicated team.
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Elvy at a glance
Elvy is an energy company headquartered in Sweden. It has raised at least $523.5M across the 3 funding rounds on record. Its most recent funding round, Debt, raised $7M in May 2026. Xcout tracks 3 named people at Elvy, including David Wedar (medgrundare).
Elvy leadership
- David Wedarmedgrundare
- Fabian Linzbergerfounder
- Johan OutinenVD och grundare
Elvy funding rounds
At least $523.5M raised across the 3 rounds on record. Every round on record:
| Date | Round | Amount | Investors |
|---|---|---|---|
| Debt | $7M | 1 named | |
| Debt | $543M | 2 named | |
| Debt | $3.5M | 1 named |
Who invested in each round, lead investors, valuations and the co-investor graph — open the full funding history →
Investors
Elvy competitors
A few of Elvy's closest competitors — see the full list of competitors and alternatives →
Stockholm Exergi provides district heating, district cooling, and waste-to-energy services for residential properties, housing associations, and businesses in Stockholm. The company also offers related energy solutions such as solar power, electric vehicle charging, and energy storage.
Greenely provides smart electricity contracts and a management application for residential customers in Sweden. The platform integrates with home devices such as electric vehicle chargers, heat pumps, solar panels, and home batteries to automatically optimize energy consumption based on spot prices and support virtual power plants.
Eolus Vind AB (publ) primarily dedicates itself to the conceptualization, construction, and ongoing management of renewable energy and energy storage facilities. Its operations span several countries, including Sweden, Norway, Finland, the United States, Poland, and the Baltic states. The company organizes its activities into two core divisions: Project Development and Asset Management. Within these, it undertakes the operation of wind power generators and is active in the production and sale of electrical power. Additionally, Eolus Vind provides comprehensive asset management services to owners of wind power infrastructure. The company also furnishes specialized consultancy, covering areas such as procurement strategies, project supervision, wind resource appraisals, noise impact analyses, and environmental impact evaluations. Founded in 1990, Eolus Vind AB (publ) is headquartered in Hässleholm, Sweden.
Sourceful Energy, a part of Sourceful Labs AB, is headquartered in Kalmar, Sweden, and provides services for renewable energy.
Engrate is headquartered in Stockholm, Sweden, and provides a modern platform and IT services for energy market communication and balancing responsible party operations.
Established in 2011 and headquartered in Dublin, ElectroRoute is an international, renewables-focused energy trading and services company. It operates with a knowledgeable team delivering comprehensive energy solutions and services.
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More on Elvy in Xcout Intel
- 3 named people with titles, LinkedIn and board committees
- 3 funding rounds with the investors in each, and who they co-invest with
- The full competitor set, tracking, exports and API access