What Aevy does

Aevy is a Norwegian technology company, founded in 2023 and headquartered in Oslo, that sells an AI-powered document intelligence platform for renewable energy asset management and due diligence. Its core products — the Aevy Asset Management and Aevy Due Diligence modules, plus the preview-stage Virtual Asset Manager — run on a proprietary, renewable-energy-specific data model that combines OCR, traditional NLP, knowledge graphs, graph reasoning, and Generative AI (LLMs) to ingest documents of any format (Word, PDF, scanned paper) from customer datarooms such as SharePoint, classify them, extract and contextualize domain-specific information, and flag risks such as missing appendices or upcoming contract milestones. Multi-level quality assurance and full traceability of every extracted insight back to its source document are positioned as core differentiators versus generalist AI tools. The platform is currently focused on onshore wind and utility solar assets, with BESS, offshore wind, and hydro on the near-term roadmap.

Aevy sells to renewable energy asset owners and operators (utilities, IPPs, corporate owners), independent asset managers and technical advisors (e.g., Greensolver), and financial institutions running due diligence on renewable deals. The business model is quote-based, subscription SaaS sold primarily through a direct enterprise sales motion (demo-driven, with co-founder-led outreach) and a strategic channel partnership with Greensolver (>60 GW advised). Pricing is custom and tied to portfolio size and complexity. Named customers and partners include TotalEnergies (also a pre-seed backer and accelerator host), Greensolver, NTR, a major US private equity infrastructure firm, a German independent energy service company, a UK diversified renewable operator, and a leading French technical advisory firm managing ~1 GW of wind and solar. The company has stated an Innovation Norway grant–backed target of 5-10 GW under contract by 2026. Aevy is a privately held, venture-backed startup that has disclosed NOK 6.2M in pre-seed funding (2024) plus additional early-stage capital from Antler, Aidiom, and Startuplab.

Name

Aevy

Legal name

Aevy

Website

https://aevy.io

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

1–10 employees

Short description

Aevy is a Norwegian AI software company that automates document intelligence for renewable energy asset management and due diligence, serving asset owners, operators, technical advisors, and PE infrastructure investors across Europe and the United States.

Ownership category

akta.pro rank

Product category

Renewable Energy Asset Management Software

NAICS

Custom Computer Programming Services (541511), Computer Systems Design Services (541512), Software Publishers (5132)

SIC

Services-Computer Processing & Data Preparation (7374), Services-Computer Programming Services (7371), Services-Prepackaged Software (7372)

akta.pro primary industry

Intelligent Document Processing (IDP) & OCR Automation (HDAEAHAC)

akta.pro secondary industries

OCR, ICR & Intelligent Document Processing (IDP) (BPAAAKAB), Augmented Analytics & AI-Assisted BI (NLQ/NLG, Insights) (HDAEAMAD)

Keywords

• Renewable energy software
• Asset management platform
• AI document intelligence
• Energy due diligence
• Contract compliance automation

Headquarters

HQ city

Oslo

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. SaaS platform subscription for renewable energy asset management and due diligence: Recurring subscription-based revenue from the Aevy platform (Asset Management and Due Diligence modules) sold to renewable energy asset owners, operators, independent asset managers, and technical advisors. Pricing is quote-based and tied to portfolio size/complexity (GW-scale customers are explicitly supported). Includes onboarding, continuous document ingestion from SharePoint, and proactive compliance monitoring.
2. Channel-delivered revenue via Greensolver partnership: Revenue generated through the strategic partnership with Greensolver, where Aevy is integrated as an option within Greensolver's service offering to its clients (>60 GW advised across wind, solar, and BESS).

Pricing tiers

Go-to-market motion4 records

Distribution channels3 records

Marketing channels7 records

Core offering

Aevy provides an AI-powered document intelligence SaaS platform that ingests, classifies, and contextualizes information from unstructured renewable energy documents (contracts, compliance records, datasheets, O&M reports). The platform combines a proprietary renewable-energy-specific data model with OCR, traditional NLP, knowledge graphs, and Generative AI/LLMs to deliver two modules: Aevy Asset Management (ongoing lifecycle compliance and contract monitoring) and Aevy Due Diligence (faster evaluation of renewable energy investments). Customers connect their datarooms (e.g., SharePoint) and the platform continuously extracts and contextualizes information to support wind, solar, and BESS portfolios.

Product overview

Aevy is a unified AI-powered document intelligence platform, delivered as a single product surface with two main modules: Aevy Asset Management and Aevy Due Diligence. Both modules run on the same proprietary, domain-informed data model and engine that combines OCR, traditional NLP, knowledge graphs, graph reasoning, and Generative AI / LLMs to automatically ingest, classify, extract, and contextualize information from unstructured renewable energy documents (contracts, compliance records, datasheets, O&M reports). Aevy Asset Management focuses on ongoing portfolio operations — delivering proactive notifications and reliable insights at scale (currently onshore wind and utility solar, with BESS, offshore wind and hydro planned) — while Aevy Due Diligence focuses on faster, risk-aware evaluation of renewable assets during transactions. On top of this foundation, Aevy has previewed the Virtual Asset Manager, an AI-driven product that aims to automate commercial and administrative asset management of wind assets. The platform connects live to customer datarooms (e.g., SharePoint) and applies multi-level quality assurance (document-level and data-room-level cross-checking) with traceability back to source documents.

Differentiator

Problem solved

Functional benefit

Brands

• Aevy Asset Management: Software product line for managing renewable energy production assets, providing automated insight extraction, reliable information at scale, and built-in domain expertise aligned with ISO 55000.
• Aevy Due Diligence

Products and services

• Aevy Asset Management Module that automates insight extraction from renewable energy asset documents (contracts, compliance records, technical reports) and provides proactive notifications on key deadlines (warranties, bond/insurance renewals). Delivers contextualized, reliable insights at portfolio scale with built-in renewable energy domain expertise aligned to ISO 55000, for utility-scale wind and solar asset owners and operators.
• Aevy Due Diligence Module that ingests and classifies documents from messy data rooms (Word, PDF, scanned paper), extracts and contextualizes critical information, identifies missing documentation and risks, and accelerates renewable asset evaluations (claimed up to 80% faster) for renewable energy owners, technical advisors, and infrastructure investors.

Quantifiable outcome

• Up to 80% faster due diligence evaluations
• +6 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability8 records

Feature8 records

Partnerships

Nine partnerships are on record, tiered flagship, core and minor.

• GreensolverflagshipStrategic or Co-development PartnerGreensolver, a leading European technical advisor and asset manager in renewable energy (>20 years of experience, >60 GW across wind, solar, BESS), integrates Aevy as an option within its service offering. The partnership combines Greensolver's technical and commercial asset management expertise with Aevy's AI-driven document analysis to deliver clients enhanced visibility over contractual obligations, asset performance, and compliance.
• SolarPower EuropecoreOthersAevy is a member of SolarPower Europe, the leading European solar energy association representing IPPs, utilities, manufacturers, O&M, and other key players. Aevy has joined two working groups focused on optimizing asset management, including the best practices working group (TechnicalAssetManagement).
• La French Tech (French Tech Berlin / La French Tech Nordics)minorGTM or Marketing PartnerLa French Tech organized a Viva Technology 'side event' where Aevy CEO Stig Sund presented to over 200 international guests. Christian Gaussen from La French Tech Nordics provided ongoing support in Oslo.
• Fornybar NorgeminorOthersLogo of Fornybar Norge (the Norwegian renewable energy industry association) is displayed on the Aevy website, indicating membership or affiliation.
• French-Norwegian Chamber of CommerceminorOthersLogo of the French-Norwegian Chamber of Commerce is displayed on the Aevy website, indicating ecosystem affiliation.
• Society of Petroleum Engineers (SPE)minorOthersLogo of the Society of Petroleum Engineers is displayed on the Aevy website, indicating individual or organizational affiliation.
• Nora.aiminorOthersLogo of Nora.ai is displayed on the Aevy website, indicating ecosystem or community affiliation.
• NTRcoreChannel Partner/ Reseller/ DistributorNTR, a renewable energy company with a large portfolio of renewable energy assets across onshore wind, offshore wind, solar, and battery storage (BESS), is a customer (logo on Aevy homepage) using Aevy for asset management and due diligence.
• WindEnergy Hamburg (incl. AI.HAMBURG AI CENTER)coreGTM or Marketing PartnerAevy presented a sneak preview of the Virtual Asset Manager at WindEnergy Hamburg, the world's biggest wind business platform. The 2024 edition featured an AI CENTER in cooperation with AI.HAMBURG focused on advanced AI technologies for the wind industry.

Scale indicators9 records

Recent moves8 records

Expansion highlights7 records

Direct peers

• Power Factors: Power Factors is a renewable energy asset management software platform serving wind, solar, and BESS owners/operators with portfolio monitoring, asset performance, and compliance workflows. It is the most direct SaaS competitor to Aevy's Asset Management module, targeting the same utility-scale customers with overlapping capabilities.
• Greenbyte (Schneider Electric): Greenbyte, now part of Schneider Electric, provides renewable energy asset management and monitoring software for wind and solar portfolios. It competes head-to-head with Aevy in centralizing portfolio-level information and reporting for IPPs and asset owners.
• AlsoEnergy (Stem, Inc.): AlsoEnergy, now part of Stem, delivers asset performance monitoring and management for utility-scale solar and storage portfolios. It overlaps with Aevy on portfolio-wide visibility and document/operational data workflows for solar and BESS.
• KISTERS: KISTERS provides energy and environmental data management software, including renewable energy monitoring, forecasting, and asset management modules. It is a long-standing direct peer for European wind and solar asset management use cases.
• Pexapark: Pexapark offers renewable energy market intelligence, risk management, and PPA pricing analytics for wind and solar assets. It is a direct peer in the renewable due diligence and risk assessment workflow that Aevy's Due Diligence module targets.
• Tracked: Tracked is a Scandinavian-based SaaS platform for renewable energy asset management, built for wind and solar operators. It competes with Aevy in the same Nordic and European market, with overlapping compliance and contract management use cases.

Emerging players

• 3megawatt: 3megawatt provides AI-driven renewable energy asset management and analytics for wind and solar portfolios. It is an emerging peer that overlaps with Aevy on AI-enabled asset intelligence and operations workflows.
• Rossum: Rossum is an AI document processing platform that automates extraction from business documents using LLMs. While not renewable-specific, it represents a generalist document AI competitor that Aevy is explicitly positioning against.

Broad incumbents

• ABB Ability: ABB Ability is ABB's broader industrial IoT and asset performance suite used across power generation, including renewables. It represents a broad incumbent alternative for large asset owners considering enterprise-scale asset management.
• Siemens (Senseye / Xcelerator): Siemens offers renewable energy asset management and predictive maintenance capabilities through its Xcelerator portfolio and Senseye technology, targeting wind and grid operators. It is a broad incumbent competing for the same enterprise IT budget.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/aevyas

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds2 records

Investors3 records

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

M&A

Investments

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

Frequently asked questions about Aevy