What SmartPulse Technology does

SmartPulse Technology (legal entity: Smartpulse Teknoloji A.Ş.) is a private B2B SaaS company founded in 2018 and headquartered in Istanbul, Turkey, that provides an end-to-end cloud-native platform for short-term power trading, process automation, and renewable asset monitoring across European electricity markets. The platform is built on Microsoft Azure using an event-driven architecture and combines a proprietary smartBOT algorithmic trading library with custom JavaScript bot development, a GraphQL API for integration, native iOS and Android mobile applications, and in-house IoT infrastructure for real-time plant monitoring. It connects to more than ten major European power exchanges via direct or ISV-certified integrations (including Nord Pool, EPEX SPOT, OMIE, EPIAŞ, HUPX, GME, CROPEX, BRM, IBEX, and SEEPEX), manages TSO scheduling across multiple jurisdictions, and supports day-ahead auction bidding, intraday algorithmic trading, battery energy storage system optimization, ancillary services management, and renewable forecasting.

The company's product suite is modular, with the core smartPulse Platform acting as the central system and add-on modules covering intraday automation, day-ahead and auction management, BESS optimization and control, renewable management and monitoring, ancillary services, contract management for aggregators, consumption planning, business automations, reporting and dashboards, data analytics services, and a data terminal. As of 2025, the platform processes more than 30 TWh of annual algorithmic transaction volume, monitors 600+ renewable power plants totaling 25+ GW, and optimizes 800+ MWh of battery storage, serving more than 100 enterprise customers across 11 countries with a team of 82-90 professionals operating from offices in Istanbul (HQ and operations), Ankara (R&D at ODTÜ Technopark), and London (European regional HQ via smartPulse Global Limited).

SmartPulse generates revenue primarily through annual subscription licensing of its SaaS platform to energy utilities, power producers, aggregators, proprietary traders, and BESS operators, with quote-based pricing tailored to operational scope and markets served. Go-to-market is enterprise-led, combining personalized demo meetings, dedicated customer success management, and active participation in European energy conferences (Energy Trading Week Europe, Montel Energy Days, E-world, ETCSEE). The company has raised approximately $18 million in a Series A round led by Toshiba Energy Systems & Solutions Corporation and was acquired by Norwegian energy software firm Volue in October 2025, continuing to operate under the smartPulse brand.

Name

SmartPulse Technology

Legal name

Smartpulse Teknoloji Anonim Şirketi

Website

https://smartpulse.io

Company type

Private

Founded year

2018

Operating status

Acquired

Headcount range

51–100 employees

Short description

SmartPulse is a Turkey-founded B2B SaaS platform providing end-to-end short-term power trading, algorithmic trading automation, and renewable asset monitoring for European energy utilities, producers, aggregators, and BESS operators, connecting to ten-plus power exchanges from a single integrated interface.

Ownership category

akta.pro rank

Product category

Energy Trading Software

NAICS

Custom Computer Programming Services (541511), Computer Systems Design and Related Services (54151), Computer Systems Design and Related Services (5415)

SIC

Services-Computer Integrated Systems Design (7373), Services-Prepackaged Software (7372), Services-Computer Programming Services (7371)

akta.pro primary industry

Customer Energy Engagement (In-Home Displays, Portals, Usage Insights) (EUADAFAH)

akta.pro secondary industry

Advanced Metering Infrastructure (AMI) & Smart Metering (EUADAPAB)

Keywords

• Power trading software
• Algorithmic energy trading
• Battery energy storage optimization
• Renewable energy management
• Electricity market automation

Headquarters

HQ city

Istanbul

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. SaaS Platform Subscription: SmartPulse operates as a cloud-native B2B SaaS provider offering an end-to-end integrated platform for short-term power trading, process automation, and monitoring. Revenue is generated through SaaS subscription licensing of its platform to energy market participants.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels8 records

Core offering

SmartPulse provides a cloud-native B2B SaaS end-to-end platform for short-term power trading, process automation, and monitoring. The platform integrates real-time market data, forecasts, and asset performance into a unified web and mobile interface, enabling automated day-ahead and intraday bidding, algorithmic trading, BESS optimization, renewable asset monitoring, TSO scheduling, and ancillary services management across European power exchanges.

Product overview

smartPulse is a cloud-native B2B SaaS platform providing an end-to-end integrated solution for short-term power trading, process automation, and monitoring. The core smartPulse Platform serves as the central system, with modular add-on products including: smartPulse Mobile Application (iOS & Android), smartPulse API & Integrations (GraphQL-based), Intraday Trading Automation & Algotrading (via smartBOT library), Day Ahead & Auction Management, TSO Scheduling, BESS Optimisation Trading and Control, Renewable Management & Monitoring, Ancillary Services Management, Contract Management for Aggregators, Data Terminal, Consumption Planning, Business Automations, Reporting & Dashboards, and Data Analytics Services. Built on Azure with event-driven architecture and proprietary IoT infrastructure, the platform integrates real-time market data, forecasts, and asset performance into a single web and mobile interface, directly or through ISV certification with major European power exchanges.

Differentiator

Problem solved

Functional benefit

Products and services

• smartPulse Platform A cloud-native B2B SaaS end-to-end platform for short-term power trading, process automation, and monitoring, built on Microsoft Azure with event-driven architecture. It integrates real-time market data, forecasts, and asset performance into a unified web and mobile interface accessible from any device, targeting energy traders, utilities, producers, and aggregators across European power exchanges.
• smartPulse Mobile Application A native mobile app for iOS and Android that provides complete control over electricity trading and plant management operations, enabling traders to manage portfolios and monitor renewable and storage assets from any location. Available on the Apple App Store and Google Play Store.
• smartPulse API & Integrations A GraphQL-based API enabling flexible data queries, field-level data access, and integration with external systems and business intelligence tools such as Power BI. Postman collections are provided for rapid testing and integration projects.
• Intraday Trading Automation & Algotrading smartBOT-based intraday trading automation that processes real-time market events and executes trades with speed and accuracy. Includes a ready-made bot library, custom bot development services, and an integrated development environment using JavaScript for proprietary algorithmic trading strategies.
• Day Ahead & Auction Management Automatically generates and submits bids to day-ahead markets and power exchange auctions based on forecasts and defined strategies, ensuring speed and accuracy across Nord Pool, EPEX Spot, OMIE, EPİAŞ, and other exchanges.
• TSO Scheduling Automated transmission system operator scheduling and notification management. Allows users to send schedule notifications to multiple TSOs from a single interface.
• BESS Optimisation, Trading and Control End-to-end battery energy storage system management for standalone or co-located BESS, covering automated revenue optimization, algorithmic trading, and device control. Manages over 800 MWh of battery capacity across Europe.
• Renewable Management & Monitoring Real-time monitoring, forecasting management, and analytics for renewable power plants. Manages over 600 power plants and more than 25 GW of renewable capacity, with the ability to feed real production data back to forecasting providers.
• Ancillary Services Management Comprehensive ancillary service operations management including FCR, aFRR, and mFRR products. Enables operators to manage all ancillary service operations in real time through a single interface.
• Contract Management for Aggregators Module for defining aggregation agreements with flexible formulas directly within the platform. Enables aggregator operators to manage portfolio contracts, settlements, and regulatory compliance.
• Data Terminal Live market data access providing real-time information on power exchange prices, volumes, and system conditions. Delivers instant and weighted average prices, transaction volumes, and TSO instruction volumes.
• Consumption Planning Demand forecasting and consumption planning module that processes data from multiple sources to predict consumption patterns and support portfolio balancing decisions.
• Business Automations Workflow automation module that manages complex operational processes with predefined rules. Automates routines, reduces manual workload, and minimizes imbalance costs across generation, storage, and consumption assets.
• Reporting & Dashboards Advanced reporting and dashboard solutions supporting data-driven decision-making. Users can access automatically generated Power BI reports or build custom reports within the platform.
• Data Analytics Services Professional data analytics services delivered by smartPulse's expert team to support advanced analysis, custom reporting, and performance insights for energy market participants.

Quantifiable outcome

• 30+ TWh annual algorithmic transaction volume processed across European markets
• +5 more outcomes

Named customers15 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature10 records

Partnerships

One partnership is on record.

• VolueflagshipStrategic or Co-development Partner · 6 October 2025SmartPulse became part of Volue in October 2025, marking a new chapter that accelerates smartPulse's momentum and strengthens its ability to deliver innovation. The acquisition combines smartPulse's technology expertise and energy market experience with Volue's global vision and international network. A joint launch event was held in Istanbul in November 2025 to mark the beginning of the partnership. smartPulse continues to operate as a brand under Volue, with a stated commitment to existing clients.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Energy Exemplar: Energy Exemplar provides PLEXOS, an energy market simulation and optimization platform used by utilities, traders, and regulators for production costing and market dispatch decisions. Highly comparable in serving quantitative power market participants across Europe.
• Trayport: Trayport operates electronic trading platforms connecting brokers, exchanges, and traders across energy and commodities. It is the most direct competitor in facilitating cross-exchange power trading workflows, particularly in European OTC and exchange-traded markets.
• Pexapark: Pexapark offers a renewable energy PPA pricing, benchmarking, and risk management platform for wind, solar, and storage assets in Europe. Directly comparable in serving renewable asset owners and traders who need market data and portfolio analytics for European power markets.
• EMD International: EMD International provides renewable energy forecasting, trading analytics, and market data tools across European power markets. Comparable target customer base (renewable producers and traders) and overlapping use cases in forecasting and market optimization.

Broad incumbents

• Siemens Smart Infrastructure / Gridscale X: Siemens offers Gridscale X and broader energy management and grid software for utilities, DER operators, and aggregators. Overlaps in renewable and DER portfolio management but is part of a much wider industrial software portfolio.
• Hitachi Energy: Hitachi Energy provides enterprise energy management, market operation, and trading software for utilities and grid operators globally. Comparable in serving power market participants, though as part of a broader portfolio including grid hardware and services.
• ABB Ability Energy & Asset Manager: ABB offers energy management and asset optimization software targeting utilities, renewables, and industrial customers. Overlaps with SmartPulse in renewable monitoring and trading workflows, but as part of a much larger automation and electrification portfolio.
• ION Energy (Openlink): ION's Openlink platform is a leading ETRM (Energy Trading and Risk Management) solution used by global energy traders, utilities, and producers. Competes in the same trading workflow space but serves a broader enterprise footprint with deeper risk management functionality.

Emerging players

• GridBeyond: GridBeyond provides demand response, battery optimization, and flexibility trading for commercial and industrial sites across European markets. Comparable in BESS and flexibility optimization but primarily focused on behind-the-meter and demand-side assets.
• Open Utility: Open Utility operates a renewable energy matching and peer-to-peer trading platform in the UK. Comparable in serving renewable generators and corporate energy buyers in liberalized European markets, though at a smaller scale and narrower use case.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/smartpulse-t%C3%BCrkiye
• Xx.com/smartpulsetech

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

Funding overview

Funding rounds3 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 SmartPulse Technology