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Elyos Energy

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Smart BuildingsSmart City & Climate
2023
Year Founded
2024
Year Selected
London, UK
Location(s)
1-20
Team Size

THE MISSION

Elyos Energy, a Scale Up Cohort 7, Y Combinator-backed climate-tech startup that launched in 2023 to help businesses reduce their environmental impact by making commercial buildings more energy-efficient. They do this by optimizing how businesses use energy, ensuring they avoid peak electricity prices and save on their energy bills. Elyos integrates seamlessly with existing building systems—such as smart meters, heating and cooling systems (HVAC), solar panels, and batteries—allowing companies to manage their energy consumption in real-time.

Through smart technology, Elyos automates participation in energy flexibility markets, where businesses can get paid for reducing their energy use during high-demand periods (called “demand response” events). By doing this, they not only help companies cut costs but also reduce their carbon footprint, actively contributing to a more sustainable future. Elyos Energy’s approach ensures that businesses can both lower their expenses and make a positive environmental impact by optimizing energy use across large properties.

Elyos partners include clients such as Bowl School, a large secondary school in East London. Energy has successfully reduced energy consumption by 15% at Bow School by optimizing its Building Management System (BMS) remotely. In just six months, Elyos achieved a 5x ROI for the school.

Backed by a $3 million seed round led by Rebel Fund, Zeno Partners, Endgame Capital, and Y Combinator, Elyos is on a mission to build a resilient energy system. Through demand response and energy flexibility solutions, Elyos is pioneering sustainable energy management for mass markets.

Elyos Energy in Three:

What problem is Elyos Energy solving? Elyos Energy addresses climate change and high energy costs by optimizing the energy consumption of commercial buildings, reducing emissions, and avoiding peak electricity prices.

What’s innovative about Elyos Energy? Elyos Energy’s platform connects to a wide range of building systems and devices, using real-time data and automation to participate in energy flexibility markets, providing both cost savings and revenue opportunities.

Who can use Elyos Energy? Large commercial property owners and businesses seeking to optimize their energy consumption, reduce costs, and lower their carbon footprint.

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