French SaaS platform Solteo, designed for renewable power installers, has secured €1.5 million in funding. The spherical included investments from Axeleo Capital, Kima Ventures, Campus Fund, and main enterprise angels from the photo voltaic and entrepreneurial ecosystems.
Solteo goals to handle challenges as a result of fragmented and time-consuming undertaking administration by offering a unified platform that streamlines operations—from technical research to website administration—permitting installers to deal with installations and advancing France’s photo voltaic power transition.
“We needed to do enterprise in a significant sector. Photo voltaic power was a pure selection: it makes an lively contribution to the power transition, and its potential for mass deployment makes it a vital driver of transformation,” clarify the founders. “As engineers, we’re satisfied that these diffuse micro-solar energy vegetation will type the idea of tomorrow’s power administration. It’s an thrilling and far-reaching problem that awaits us!”
Based in 2023 by engineers Manon, Alexandre, and Kévin, Solteo emerged from a shared imaginative and prescient to deal with power transition challenges. Their platform integrates administrative, technical, and monetary instruments, enabling installers to optimise workflows and scale back reliance on a number of software program techniques.
“Each minute we save them is treasured time they will deal with what’s most vital: putting in panels and accelerating the event of solar energy in France,” says Solteo co-founder Alexandre.
The startup launched its first administrative module in mid-2023 and has since supported over 10,000 tasks throughout a community of 100+ customers. With greater than a dozen staff and plans to develop, Solteo is constructing a full-suite resolution that may ultimately embrace upkeep and financing options.
The corporate can also be wanting past software program by co-founding Suntech, a Paris-based community fostering innovation and collaboration in renewable power. By its rising suite of companies and partnerships, Solteo goals to grow to be a central participant in France’s photo voltaic business, aligning its instruments with the sector’s evolving wants.
Manon, Solteo’s CEO, mentioned: “Solteo embodies the innovation wanted to help France’s power transition, enabling installers to deal with what’s important: providing sustainable, worthwhile options.”