What TokWise does

TokWise Ltd. is a Sofia, Bulgaria-based software company that builds an AI-native SaaS platform for the optimization and data management of renewable-energy portfolios. The platform is delivered as a cloud-hosted (AWS) service organized around four integrated modules — Energy Data Management (ingestion of heterogeneous sources across 60/30/15-minute settlement periods), Portfolio Forecasting (proprietary and combined-provider production and price forecasts), Real-Time Position Management (live P&L across commercial and physical flows, intraday deviation monitoring, automated nominations and bidding), and Commercial Optimization (per-portfolio market simulation and optimization to maximize margin per MWh). It serves four target segments — Renewable Producers, Green Energy Suppliers, Commercial & Industrial Prosumers, and Aggregators & Traders — and claims 1,500+ connected RES power plants and 1,200,000+ MWh of cumulative volume across five countries.

The company monetizes primarily through monthly SaaS subscriptions that can be sold module-by-module or as a bundle, supplemented by usage-based pricing tied to portfolio size (per MW/MWh of capacity under management). It also offers an optional value-sharing component that links vendor compensation to realized client savings, plus implementation and onboarding services bundled into the engagement. Customer acquisition is sales-led: pricing is quote-based, the website funnels prospects to 'Book a demo' and 'Contact us for a quote' calls to action, and there is no self-serve onboarding. Distribution is direct, cloud-based (no on-site hardware required), and increasingly extended through a strategic partnership with Trading Technologies (live since November 1, 2025) that provides high-speed order routing into EPEX SPOT and Nord Pool for TokWise's European customers.

TokWise is a privately held company that has raised approximately EUR 3.26 million across an early 2020 round led by Innovation Capital and a November 2023 EUR 3 million round led by Encavis (a Hamburg-based wind and solar operator), with additional support from Vitosha Venture Partners and InnoEnergy. The company operates with a small team (11-50 employees) led by three co-founders — Julien Marcenac (Business Development and AI), Vassil Vassilev (Technical Lead), and Krasimir Kolev (Business Enablement) — and discloses three named customers (AGC Glass Europe, ElNova JSC, Ilek). No public revenue, ARR, or profitability figures are disclosed.

Name

TokWise

Legal name

TokWise Ltd.

Website

https://tokwise.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

TokWise is a Sofia-based AI-native SaaS company that provides renewable energy portfolio optimization and data management across forecasting, real-time position management, and commercial optimization, serving renewable producers, green energy suppliers, C&I prosumers, and energy aggregators/traders.

Ownership category

akta.pro rank

Product category

Renewable Energy Portfolio Management Software

NAICS

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

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Forecasting, Bidding & Automated Trading (Weather/Production Forecasts, Algo-Bidding) (EUAMAMAI)

akta.pro secondary industries

Renewable Forecasting & Meteorological Data Services (Solar/Wind Forecasts, Nowcasting) (EUAMAIAH), Flexibility Market Platforms & Auctions (market operators, exchanges) (EUAFALAI)

Keywords

• Renewable energy software
• Energy portfolio management
• AI energy forecasting
• Power trading platform
• Energy data management

Headquarters

HQ city

Sofia

HQ country

Bulgaria

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. SaaS subscription (monthly license): Core recurring revenue from monthly SaaS license of platform modules, sold individually or as a bundle. Pricing is based on the functionalities subscribed and the actual usage.
2. Usage-based pricing (per MW / MWh): Charging is tied to portfolio size and capacity - customers pay per MW operated, so revenue scales with energy throughput under management.
3. Value sharing model: Optional outcome-linked component where TokWise shares accountability with the client based on realized savings from using the platform, aligning long-term ROI.
4. Implementation & onboarding services: Includes implementation and onboarding delivered by the TokWise Technical Integration team; bundled with the SaaS engagement (no separate on-site infrastructure hardware is required from the customer).

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

TokWise provides an AI-native SaaS platform for renewable energy portfolio management that centralizes data aggregation, forecasting, real-time position management, and commercial optimization into a single integrated workflow. The platform ingests heterogeneous energy data streams (SCADA, market prices, nominations) and combines them with proprietary AI models to optimize trading decisions, automate nominations and bidding, and maximize margin per MWh for renewable energy players across European short-term power markets. Modules can be subscribed individually or as an integrated bundle, with implementation and onboarding delivered by TokWise's technical integration team.

Product overview

TokWise is a single AI-native SaaS platform for renewable energy portfolio management, architected as a core platform plus four integrated modules. The TokWise Platform combines Energy Data Management (collects and aggregates heterogeneous energy data streams and market data), Portfolio Forecasting (proprietary and combined-provider forecasts for production and price), Real-Time Position Management (live P&L, intraday deviation monitoring, automated nominations and bidding), and Commercial Optimization (market simulation and tailored optimization algorithms). Together the modules form a unified value chain "from MWh to EUR," serving four solution segments — Renewable Producers, Green Energy Suppliers, C&I Prosumers, and Aggregators & Traders — and connecting to European power exchanges (e.g., EPEX, Nord Pool) via integrations such as the Trading Technologies high-speed order routing partnership.

Differentiator

Problem solved

Functional benefit

Products and services

• TokWise Platform AI-native SaaS trading engine for renewable energy portfolio management that bridges physical assets with complex electricity markets. Centralizes portfolio management, integrates data, forecasting, real-time position management, and commercial optimization modules, and connects to European power exchanges for intraday, balancing, and flexibility market participation. Targeted at renewable producers, green energy suppliers, C&I prosumers, and aggregators/traders.
• Energy Data Management Module that automatically collects and aggregates a wide variety of energy-related data streams regardless of sources or formats, supports 60/30/15-minute settlement periods, and stores data securely in the cloud for advanced visualizations and decision-making.
• Portfolio Forecasting Forecasting module that leverages proprietary algorithms combined with live SCADA data, considers operational and market constraints, and allows combining multiple forecasting providers to extract insights on the financial impact of various forecasting strategies.
• Real-Time Position Management Real-time position management system that generates a live P&L view combining commercial and physical flows, monitors portfolio intraday deviation and forecasting confidence, enables drill-down by asset, and automates nominations and bidding workflows. Compliant with 15-minute settlement period.
• Commercial Optimization Optimization module that simulates market variables and applies optimization algorithms tailored per player to support short-term decision-making and maximize margin per MWh.
• Implementation and Onboarding Services Implementation and onboarding delivered by the TokWise Technical Integration team; bundled with the SaaS engagement and provided without requiring separate on-site infrastructure hardware from the customer.

Quantifiable outcome

• 45% faster insights with leveraged automation
• +4 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability4 records

Feature6 records

Partnerships

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

• Trading Technologies (TT)flagshipTechnology or Integration · 12 November 2025Strategic partnership announced 2025-11-12, with integration going live on Nov. 1, 2025. TT provides high-speed order routing on its platform for TokWise's energy trading solution, enabling TokWise customers to access major European power exchanges like EPEX and Nord Pool. The collaboration supports TokWise's AI-powered trading optimization for energy firms and new entrants, facilitating faster trading decisions in European power markets.
• DGKVminorOthers · 9 November 2023DGKV acted as one of the legal advisors to TokWise on the EUR 3 million equity investment led by Encavis.
• Georgiev & KolevminorOthers · 9 November 2023Georgiev & Kolev acted as one of the legal advisors to TokWise on the EUR 3 million equity investment led by Encavis.
• CMSminorOthers · 9 November 2023CMS provided additional legal support to Encavis in connection with the EUR 3 million equity investment in TokWise.
• InnoEnergycoreStrategic or Co-development PartnerInnoEnergy is listed as a supporter of TokWise on the Team page. InnoEnergy is the EU-backed sustainable energy accelerator/investor; its backing provides both reputational and ecosystem support for TokWise's renewable energy focus.
• Amazon Web Services (AWS)coreTechnology or IntegrationTokWise's Energy Data Management product accesses real-time data stored securely in the cloud, backed by Amazon Web Services - AWS is the underlying cloud infrastructure provider for the SaaS platform.

Scale indicators10 records

Recent moves4 records

Expansion highlights6 records

Direct peers

• Stem, Inc. AI-driven energy storage and renewable asset optimization SaaS; directly comparable to TokWise in applying AI to storage and renewable portfolio trading, and addresses the same BESS-driven imbalance optimization pain point.
• GridPoint: Energy management and optimization platform for commercial buildings and distributed energy assets; comparable to TokWise in unifying energy data management, forecasting, and automated optimization in a SaaS model.
• Piclo: UK-based marketplace and SaaS platform for matching and trading renewable energy; directly comparable to TokWise in serving renewable producers and green suppliers with portfolio optimization software for European power markets.
• ElectroRoute: Energy trading and portfolio optimization services company (now part of Mitsubishi Corporation) operating across European power markets; directly comparable to TokWise's aggregators & traders and renewable producer segments.
• Pexapark: Swiss-based SaaS for renewable energy PPA pricing, portfolio valuation, and market intelligence for wind/solar operators — directly comparable to TokWise's forecasting and commercial optimization modules for European renewables portfolios.
• Next Kraftwerke: Germany-based virtual power plant operator and energy trading platform aggregating renewables and storage into European power markets; directly comparable to TokWise in AI-driven trading of distributed renewable assets into EPEX and other exchanges.
• KISTERS: German vendor of energy data management, forecasting, and trading software used by utilities and renewable operators across Europe; directly comparable to TokWise's Energy Data Management, forecasting, and position management modules.

Broad incumbents

• Uplight: Energy management SaaS for utilities covering customer energy management, DER programs, and rate optimization; a broader incumbent in the same energy-SaaS category as TokWise but serving utility-scale customers across multiple use cases.
• AutoGrid (Schneider Electric): Energy data analytics and DER optimization platform acquired by Schneider Electric; broadly comparable to TokWise in using AI for forecasting and distributed energy portfolio optimization, but serves a wider portfolio across larger utilities.
• Enel X Way / Enel X: Global utility-owned energy services and optimization business; broader incumbent that touches DER optimization, demand response, and renewable trading — overlapping with TokWise's C&I prosumer and aggregator segments.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds2 records

Investors4 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 TokWise