Elvy Energy

formerly Elvy

Your home's power and heat as a subscription

Stockholm, Sweden · Founded 2023 · $10.5M raised

Headquarters
Stockholm
Founded
2023
Business Model
B2C
Total Funding
$10.5M
Last Round
$7.0M Venture RoundMay 2026
Rounds
2

About

Elvy is a Stockholm-based energy-tech startup that provides Swedish homeowners with a heat pump, solar panels and a battery bundled into a single fixed-price subscription, with no upfront hardware cost. Elvy owns, installs, services and optimizes the equipment for a flat monthly fee locked for 15 years and adjusted only by inflation, covering household electricity, hot water and year-round indoor heating.

Summary

Elvy Energy is an Energy company based in Stockholm, Sweden, founded in 2023. It has raised $10.5M in total across 2 rounds, most recently a $7.0M Venture Round round in May 2026.

Tech & App Stack

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Funding History

Venture RoundGrowth RoundMay 2026
$7.0M

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Pre-Seed through Venture Round — per-round amounts, valuations, and who invested in each round.

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