Founded in 2019 in Hamburg, encentive delivers flexOn, an AI-based software platform that automatically schedules and controls industrial assets—such as refrigeration, heating processes, batteries and production lines—to use electricity when it is cheapest and greenest. By coordinating on-site generation, storage and intraday spot-market pricing, the system can reduce energy costs for clients by up to 20 % while lowering emissions. The solution is already deployed at customers including Metro Logistics, Dachser and Klingele, and is being adopted by utilities as a flexibility platform. Target users are medium-sized and large industrial companies with annual consumption of at least 2 GWh. Management reports a seven-figure order volume from its core industries, supporting plans to make flexOn the standard for intelligent energy management. With fresh funding, the team will hire additional talent, expand into new sectors and markets, and build a dedicated onboarding suite for major customers and partners.

Total raised

$10M

Funding rounds

2

Latest round

Seed

Latest activity

Sep 2025