Utiligize

What Utiligize does

Utiligize ApS is a Danish B2B SaaS company founded in June 2018 by Kalle Hansen and Emil Larsen, headquartered in Copenhagen. The company sells a grid planning, asset management, and forecasting platform to distribution system operators (DSOs) and electric utilities in Denmark, Norway, and Italy. Its product is delivered as three integrated modules — Forecast & Investment, Maintenance & Planning, and Reinvestments — supplemented by sub-products and features including Capacity Map (N-1 contingency analysis), Carbon Accounting (Scope 1/2/3, CSRD/SBTi-aligned), Max Load Layer, DER Detection, and an offline-capable mobile application for field technicians.

The platform's underlying technology combines proprietary AI-based forecasting models with smart meter and GIS inputs, running hourly load flow simulations (via pandapower, Python, and Google BigQuery) down to the 0.4 kV low-voltage level and projecting grid conditions through 2050. Utiligize processes over 1 million meters and 300 TB of load flow simulation results each night and has supported planning for approximately 2 billion EUR in grid investments, with claimed outcomes of up to 35% CapEx reduction, 14% reliability improvement, and 11% network-loss reduction. The platform holds ISO 9001 and DS/EN 13306 certifications and integrates with ERP, GIS, and smart metering systems, while an open-source CNAIM R package on GitHub reinforces regulatory credibility.

The business model is enterprise SaaS: quote-based, multi-year subscriptions priced against grid size, customer count, and module selection, sold through direct enterprise engagement, industry events (Enlit Europe, DISTRIBUTECH International, CIRED, Elfack, Nettkonferansen), and biannual User Group Forums. The customer base is concentrated among Danish DSOs — Dinel, Nord Energi Net, Trefor Elnet, Envafors, RAH Net, Veksel, Elværk, Ravdex, Elinord, Elnet Midt, L-NET, Zeanet, Kvadrat Elinord, NordEnergi, ESO — alongside international utility Enel in Italy. The company has raised approximately 2 million EUR in May 2022 from Eviny Ventures and 2L Holding, an undisclosed round from AURA Ventures in March 2024, and additional funding in 2025, and has earned The Smarter E Award (Smart Integrated Energy, 2025), the Energy Cluster Denmark Innovation Prize (2023), and inclusion in the Danish Ministry of Foreign Affairs' Responsible Technology Development Catalogue (2024).

Name

Utiligize

Legal name

Utiligize ApS

Website

https://utiligize.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

Utiligize is a Danish B2B SaaS company founded in 2018 that provides AI-driven grid planning, forecasting, and asset management software to distribution system operators and electric utilities across Denmark, Norway, and Italy.

Ownership category

akta.pro rank

Product category

Utility Grid Management Software

NAICS

Computer Systems Design and Related Services (54151), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)

SIC

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

akta.pro primary industry

Grid Analytics, Forecasting & Decision Support (Load/DER/Outage) (EUADAEAI)

akta.pro secondary industries

DER Data Management, Forecasting & Analytics (Solar/Load Forecasts) (EUADALAM), Resource Adequacy, Capacity Expansion & Integrated Grid Planning (IRP linkages) (EUADAGAI), Forecasting & AI Optimization for Flexibility (Load/Price/Renewables/SoC) (EUAFAKAH), Non-Wires Alternatives (NWA) & DER as Grid Capacity (Capacity Deferral) (EUADALAJ)

Keywords

• Grid planning software
• Utility asset management
• Electricity distribution SaaS
• Energy forecasting platform
• Distribution system operators

Headquarters

HQ city

Copenhagen

HQ country

Denmark

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Software Subscription (SaaS): B2B SaaS solution consisting of multiple modules: Forecast & Investment, Maintenance & Planning, and Reinvestments. Revenue generated through subscription licensing of the platform to distribution system operators and utilities.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels5 records

Core offering

Utiligize provides a cloud-based B2B SaaS platform for electricity grid planning and asset management, targeted at distribution system operators (DSOs) and electric utilities. The platform combines AI-based forecasting models, hourly load flow simulations, and smart meter data integration to enable scenario planning, investment optimization, maintenance operations, and carbon accounting across electrical grids from high voltage down to the 0.4 kV low-voltage network. Three core modules—Forecast & Investment, Maintenance & Planning, and Reinvestments—work together as an integrated asset management solution supplemented by Capacity Map and Carbon Accounting capabilities.

Product overview

Utiligize provides a B2B SaaS platform consisting of three core modules: Forecast & Investment, Maintenance & Planning, and Reinvestments. These modules work together as an integrated asset management solution for distribution system operators (DSOs). Forecast & Investment handles scenario planning and long-term investment decisions; Maintenance & Planning manages field operations, inspections, and asset documentation; and Reinvestments handles asset lifecycle and end-of-life calculations. The platform is augmented by specific features including Capacity Map for N-1 analysis, Carbon Accounting for emissions tracking, and various analytical tools for load forecasting, DER detection, and grid optimization. The system integrates with ERP, GIS, and smart metering systems to provide comprehensive grid visibility from high voltage down to the 0.4kV low-voltage network level.

Differentiator

Problem solved

Functional benefit

Brands

• Asset Life: Utiligize's asset management platform that includes Forecast & Investment, Maintenance & Planning, and Reinvestments modules. Formerly referred to as the product name before being consolidated under the Utiligize brand.

Products and services

• Forecast & Investment

Quantifiable outcome

• Investment costs (CapEx) reduced by up to 35%
• +3 more outcomes

Named customers16 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability10 records

Feature7 records

Partnerships

Four partnerships are on record, tiered core.

• Bravida DanmarkcoreImplementation/ SI/ Consulting Partner · 1 December 2025Bravida Danmark, key field service partner of Dinel, will use Utiligize's M&P mobile app directly when working in the field. This enables third-party access for condition assessments and maintenance logging, closing the loop between planning, execution and documentation.
• Technical University of Denmark (DTU)coreStrategic or Co-development Partner · 1 May 2023Collaborated with DTU in Flexibility Heat Grid Bornholm project. DTU supervised research including Master's thesis on machine learning for grid forecasting. Continued collaboration on battery-grid integration studies.
• Bornholm's Energi og Forsyning (BEOF)coreStrategic or Co-development Partner · 1 May 2023Project partner in Flexibility Heat Grid Bornholm initiative, demonstrating flexibility grid utilization for customers on Bornholm island.
• NeogridcoreStrategic or Co-development Partner · 1 May 2023Collaborated with Neogrid in Flexibility Heat Grid Bornholm project as part of Energy Cluster Denmark innovation initiative.

Scale indicators8 records

Recent moves8 records

Expansion highlights6 records

Others

• Esri: GIS platform used by nearly every DSO and directly integrated with Utiligize for spatial grid data. Functions as enabling infrastructure and a potential ecosystem partner rather than a direct planning competitor.

Broad incumbents

• Schneider Electric (EcoStruxure Grid): Offers EcoStruxure for Grid including ADMS, DERMS, and grid analytics for distribution utilities. Comparable to Utiligize on grid planning and asset management but as part of a global, multi-vertical industrial software suite.
• Siemens Smart Infrastructure: Provides Gridscale X and other grid-software suites (ADMS, planning, simulation) for DSOs and TSOs. Overlaps with Utiligize's forecasting, N-1 and investment-planning capabilities but is bundled into Siemens' wider OT/IT ecosystem.
• Hitachi Energy (Lumada APM): Global incumbent offering enterprise asset performance management, ADMS and grid software to utilities via the Lumada APM suite. Competes with Utiligize's Maintenance & Planning and Reinvestments modules but as part of a much broader portfolio.
• Trimble (Cityworks): Utility asset management and work-order software widely deployed at North American and European DSOs. Overlaps with Utiligize's Maintenance & Planning and inspection-documentation functionality, with deeper GIS integration via Trimble's mapping stack.

Direct peers

• Smarter Grid Solutions: Provides DERMS, active network management and grid optimization software to DSOs globally. Directly comparable to Utiligize in targeting distribution utilities with constraint management, flexibility activation and N-1 analytics.
• AutoGrid (Hitachi Energy): Provides DERMS, flexibility management and AI-based forecasting for utilities and aggregators. Now part of Hitachi Energy; competes with Utiligize's flexibility-activation, DER detection and grid-forecasting features.
• Opus One Solutions: Grid optimization platform serving DSOs with DER integration, hosting capacity analysis and distribution market operations. Closely aligned with Utiligize's forecast, capacity map and flexibility-activation modules.

Emerging players

• Power Factors: Asset performance management and predictive maintenance platform for renewable and conventional generation assets. Comparable to Utiligize's asset-life and reinvestment prioritization capabilities, with a stronger renewables tilt.
• Uplight: Energy-management software for utilities covering customer engagement, DER programs and grid-edge analytics. Adjacent to Utiligize with overlap in DER forecasting, though focused on retail/customer-side rather than DSO planning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/utiligize

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds1 record

Investors

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 Utiligize