How much funding has powercloud raised?

powercloud has raised $119.0M in total funding, most recently a Growth Equity round.

Who are powercloud's investors?

powercloud's investors include General Atlantic.

When was powercloud founded?

powercloud was founded in 2012.

Where is powercloud headquartered?

powercloud is headquartered in Achern, Germany.

How many employees does powercloud have?

powercloud has 201-500 employees.

powercloud

The future-proof SaaS billing platform for energy suppliers

Achern, Germany · Founded 2012 · $119.0M raised

SaaS

Headquarters: Achern
Employees: 201–500
Founded: 2012
Business Model: B2B

Website: powercloud.de
Total Funding: $119.0M
Last Round: $119.0M Growth EquityJan 2019
Rounds: 2

About

powercloud is a cloud-native, end-to-end SaaS billing and customer information platform purpose-built for the energy and utilities sector. Founded in 2012 and headquartered in Achern, Germany, the platform manages the full customer lifecycle — from product and contract management through market communication, billing, payment processing, and accounts receivable — for over 65 utility customers including major German energy retailers. powercloud was acquired by Hansen Technologies in February 2024 and now operates as Hansen powercloud within the Hansen CIS portfolio.

Summary

powercloud is a SaaS company based in Achern, Germany, founded in 2012. It has raised $119.0M in total across 2 rounds, most recently a $119.0M Growth Equity round in Jan 2019. Investors include General Atlantic.