Ostrom

Ostrom

Energy management platform that makes green electricity easy and affordable.

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DateInvestorsAmountRound
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Valuation: €0.0

round
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€20.0m

Series B
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD20222023
Revenues00000000
% growth-19 %
EBITDA00000000
Profit00000000
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Dealroom estimates

More about Ostrom
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Ostrom is a German-based startup operating in the energy sector, specifically focusing on the provision of green electricity. The company's primary target market is residential consumers across Germany, with a particular emphasis on those who are environmentally conscious and interested in renewable energy sources. Ostrom's business model is centered around leveraging technology to provide a seamless and efficient customer experience, while also promoting sustainable energy consumption.

The company offers its customers a potential saving of up to 35% or 500 € on their annual energy bills. This is achieved through a cost-based pricing model, where energy is sold at cost, encouraging customers to consume less. Ostrom's energy is sourced entirely from renewable sources, ensuring that customers' power comes from environmentally friendly places.

In addition to its green energy provision, Ostrom also offers a digital platform where customers can manage their accounts, including reading their meter, managing payments, and accessing customer support. This digital approach simplifies the customer experience and eliminates the need for traditional methods of communication such as letters or faxes.

Ostrom also offers a flexible variable tariff, which allows customers to avoid being locked into confusing contracts or high prices. This is particularly beneficial for those moving apartments or new arrivals to the country.

The company has recently become a Certified B Corporation, joining a global community of businesses committed to high standards of social and environmental performance.

In summary, Ostrom is a green energy provider that combines technology and sustainability to offer a cost-effective and environmentally friendly energy solution to customers across Germany.

Keywords: Green Energy, Renewable Sources, Cost-Based Pricing, Digital Platform, Customer Experience, Flexible Tariffs, Certified B Corporation, Sustainability, Technology, Germany.

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