REplace

Renewable Energy Intelligence Softwarerenewableenergy.place

REplace builds iQueue, an AI-powered SaaS platform that helps renewable energy M&A and developer teams search the U.S. interconnection queue, evaluate project viability, and build acquisition shortlists, serving enterprise customers including Iberdrola, EDF Renewables, and Hanwha.

Company typePrivate
Founded2023
HeadquartersTel Aviv, Israel
Headcount11–50
GTM typeB2B
OfferingSoftware

What REplace does

REplace (legal entity: Renewable Energy Place Ltd.) is an Israel-based AI software company building iQueue, a platform that helps renewable energy M&A and development teams evaluate project viability, search the U.S. interconnection queue, benchmark projects, and build acquisition shortlists. The platform applies natural language processing to parse hundreds of pages of interconnection studies, regulatory filings, and project documents, then combines these inputs with structured queue data (MW capacity, cost, geography, stage) and a 40-parameter land analysis algorithm to surface viable projects before competitors or brokers enter the deal. Its primary users are M&A teams at major energy companies and developers evaluating renewable energy acquisitions, with a secondary segment in data center developers seeking interconnection-ready power sites.

The company operates a B2B SaaS model with subscription-based pricing accessed via the iQueue product, supplemented by an enterprise sales motion using personalized demos scheduled through HubSpot. Its go-to-market combines product-led growth (self-serve queue search and benchmarking) with direct enterprise field sales targeting M&A teams at major utilities and developers. The customer base includes tier-1 names such as Iberdrola, EDF Renewables, Hanwha, and Shikun & Binui, alongside mid-market developers like Enlight, Nofar Energy, and Jupiter Power, with public logos spanning renewable energy and energy storage. REplace is actively expanding into the U.S. market — the largest interconnection queue globally — following a May 2025 seed funding round.

Founded in 2023 by Matias Sigal (an Argentine immigrant to Israel), REplace has raised approximately $2.65M across disclosed rounds, including a $2.1M seed round led by Gravity Climate Fund with participation from Techstars, Crescendo Partners, and Malbec Ventures. The company evolved from an initial solar/agri-voltaic site selection tool into a broader M&A intelligence platform, reflecting founder and investor recognition that the 87% failure rate of projects entering U.S. interconnection queues (per Berkeley Lab's Queued Up 2025 report) makes early viability assessment the highest-value pain point in renewable energy deal-making.

REplace firmographics

Firmographics

Name: REplace
Legal name: Renewable Energy Place Ltd.
Website: https://renewableenergy.place
Company type: Private
Founded year: 2023
Operating status: Operating
Headcount range: 11–50 employees
Short description: REplace builds iQueue, an AI-powered SaaS platform that helps renewable energy M&A and developer teams search the U.S. interconnection queue, evaluate project viability, and build acquisition shortlists, serving enterprise customers including Iberdrola, EDF Renewables, and Hanwha.
Ownership category
akta.pro rank

REplace industry classification

Industry

Product category: Renewable Energy Intelligence Software
NAICS: Software Publishers (5132), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)
SIC: Services-Prepackaged Software (7372), Services-Computer Processing & Data Preparation (7374)
akta.pro primary industry: Augmented Analytics & AI-Assisted BI (NLQ/NLG, Insights) (HDAEAMAD)
akta.pro secondary industries: Data Engineering, Integration & ETL/ELT Services (BPAEAHAB), AI/ML Engineering & Model Development Services (BPAEAHAF)

Keywords

Renewable energy intelligence
Site selection software
Interconnection queue search
M&A due diligence platform
AI energy analytics

Where REplace is headquartered

Location

Headquarters

HQ city: Tel Aviv
HQ country: Israel
HQ region: Middle East

Offices1 record

Markets served

REplace business model

Business model

GTM type: B2B
Offering type: Software
Cost components: Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

SaaS Platform Subscription: AI-powered platform subscription for renewable energy M&A intelligence and site selection. Accessed via iQueue product with enterprise and team pricing tiers implied.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

REplace product offering

Product offering

Core offering

REplace develops and sells iQueue, an AI-powered software platform that helps renewable energy M&A teams and developers search the U.S. interconnection queue, benchmark projects, and evaluate project viability. The platform uses a 40-parameter analysis algorithm and natural language processing to extract data from interconnection studies, PDFs, and filings, enabling acquisition teams to build shortlists and run diligence in minutes rather than months.

Product overview

REplace offers iQueue, an AI-powered M&A intelligence platform for renewable energy projects. The platform analyzes project documents to help acquisition teams evaluate viability, search the U.S. interconnection queue, benchmark projects, and build shortlists. The company has evolved from its original solar/agri-voltaic site selection focus to a comprehensive renewable M&A intelligence tool serving major energy companies with plans for U.S. market expansion.

Differentiator

Problem solved

Functional benefit

Brands

iQueue: AI-powered renewable energy M&A intelligence platform enabling users to search the U.S. interconnection queue, benchmark projects, and build shortlists based on acquisition criteria.

Products and services

iQueue AI-powered platform that enables renewable energy M&A teams and developers to search the U.S. interconnection queue, benchmark projects, and build shortlists based on their own acquisition criteria. Transforms fragmented queue data, interconnection studies, PDFs, portals, and filings into clear project viability assessments, reducing siting and diligence timelines from months to seconds.

Quantifiable outcome

Project siting timelines reduced from months to seconds
+2 more outcomes

Companies that use REplace

Customer profile

Named customers9 records

Segments3 records

Ideal customer profiles3 records

REplace technology and API

Technology

Technology focussed Yes

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature4 records

REplace partnerships and signals

Strategic signal

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

REplace competitors and assessment

Company assessment

Direct peers

REsurety: REsurety provides analytics and risk management for renewable energy assets, including project-level financial and performance analytics. Highly comparable to REplace's AI-driven project intelligence for renewable energy M&A teams.
LevelTen Energy: LevelTen Energy operates a marketplace and analytics platform for renewable energy PPAs and project transactions. Directly comparable as a transaction-intelligence platform serving developers and acquirers of renewable projects.
kWh Analytics: kWh Analytics provides solar asset performance and risk analytics used by developers, owners, and financiers. Comparable data-driven intelligence layer for solar/renewable project evaluation similar to REplace's offering.
Clean Energy Pipeline: Clean Energy Pipeline tracks renewable energy deals, projects, and M&A activity globally. Overlaps with REplace's project tracking and M&A intelligence focus for renewable energy market participants.

Broad incumbents

BNEF (Bloomberg NEF): Bloomberg NEF is a dominant incumbent provider of energy research, project databases, and M&A intelligence across renewables. Competes broadly with REplace but at much larger scale and price points; REplace is a focused vertical alternative.
Wood Mackenzie: Wood Mackenzie provides energy research, project databases, and consulting across renewables. Their renewables intelligence overlaps with REplace's project-level insights for M&A and development teams.
S&P Global Commodity Insights (Platts): S&P Global's Commodity Insights division provides energy project data, news, and analytics. A broad incumbent whose renewable project coverage competes for the same enterprise M&A and developer budget as REplace.

Emerging players

EnergySage: EnergySage is a solar marketplace and intelligence platform for distributed generation, with adjacent analytics for installers and developers. Partial overlap with REplace on solar project intelligence, though focused on smaller-scale/residential segment.
Pick My Solar: Pick My Solar provides solar marketplace and project matching tools. Adjacent in using data to connect solar developers with opportunities, though at smaller scale than REplace's utility-grade focus.
Cleanview: Cleanview is a climate/clean energy software platform serving project developers and investors with project tracking and ESG data. Adjacent peer in renewable project intelligence for financial decision-makers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

REplace financial estimates

Financial estimate

Revenue estimate

Valuation estimate

REplace leadership team

Management profile

Number of profiles

Profiles1 record

REplace funding detail

Funding detail

Funding overview

Funding rounds3 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

REplace M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about REplace

What does REplace do?

Is REplace a public or private company?

REplace is a private company. It is classified as venture growth investor backed and is currently operating.

When was REplace founded?

REplace was founded in 2023. It employs 11 to 50 people.

Where is REplace based?

REplace is headquartered in Tel Aviv, Israel, in the Middle East region.

How does REplace make money?

One revenue line is on record: saaS Platform Subscription.

Who are REplace's main competitors?

Direct peers on record are REsurety, LevelTen Energy, kWh Analytics and Clean Energy Pipeline. Broad incumbents are BNEF (Bloomberg NEF), Wood Mackenzie and S&P Global Commodity Insights (Platts). Emerging players are EnergySage, Pick My Solar and Cleanview.

Does REplace have an API?

No public API is recorded for REplace.

What industry is REplace in?

REplace's product category is Renewable Energy Intelligence Software. Its primary akta.pro industry code is HDAEAMAD, Augmented Analytics & AI-Assisted BI (NLQ/NLG, Insights), with a secondary code of BPAEAHAB, Data Engineering, Integration & ETL/ELT Services. Its NAICS code is 5132 and its SIC code is 7372.