Frigg.eco
Frigg.eco is a Swiss B2B SaaS platform that connects renewable energy project developers (0.5-50 MW) with investors through a tokenized marketplace, automated financial analysis (Frigg Score), and ML-based production forecasting, enabling faster and standardized small-to-mid-sized sustainable infrastructure financing.
- Company typePrivate
- Founded2022
- HeadquartersZug, Switzerland
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Frigg.eco does
Frigg.eco AG is a Zug, Switzerland-based B2B SaaS platform that enables the financing of small-to-mid-sized renewable energy projects (0.5 to 50 MW) through digital asset securities and tokenization on the Ethereum blockchain. Founded in January 2022 by Philip Berntsen (CEO), Francesco Leonetti (CTO), and Tommy Back (CPO), the company operates a platform-plus-modules architecture with four core products—Marketplace (project discovery), Transactions (deal creation and security token transfer), Frigg Intelligence (automated financial analysis with the Frigg Score), and Portfolio Management—plus supporting modules including Seidr (ML-based production forecasting), Frigg Globe (interactive project visualization), and a free Frigg Intelligence Sandbox (profitability calculator).
The platform serves three primary customer segments: project developers seeking institutional capital, asset managers requiring centralized documentation and benchmarking, and investors looking for vetted renewable energy deal flow. Business mechanics rest on a three-tier pricing model—Midgard (free), Asgard Pro (CHF 599/month annually), and Valhalla Enterprise (custom)—augmented by transaction success fees, optional portfolio dashboards, and per-report fees (CHF 1,500) for individual Frigg Score reports. The go-to-market combines self-serve PLG onboarding with enterprise field sales. Beta-phase metrics include 174 onboarded projects representing EUR 760M in capital expenditure, EUR 12M facilitated across 20 deals, and 400+ network participants.
The underlying technology combines blockchain-based security tokens issued under Swiss DLT legislation with proprietary analytical tooling. Frigg Intelligence benchmarks project risk-adjusted returns against a 20,000+ project database, while Seidr uses machine learning with weather data to forecast hourly electricity generation up to 7 days ahead. Strategic integrations include Circle (USDC settlement), Patch (carbon footprint tracking), Goldfinch/Quadrata (on-chain identity and compliance), and Microsoft Azure IoT (real-time production data). Flagship partnerships include Julius Baer, PwC Belgium, Hydropower AS, and Malthe Winje. The platform officially launched for self-onboarding in January 2026.
Frigg.eco firmographics
Firmographics- Name
- Frigg.eco
- Legal name
- Frigg.eco AG
- Website
- https://frigg.eco
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Frigg.eco is a Swiss B2B SaaS platform that connects renewable energy project developers (0.5-50 MW) with investors through a tokenized marketplace, automated financial analysis (Frigg Score), and ML-based production forecasting, enabling faster and standardized small-to-mid-sized sustainable infrastructure financing.
- Ownership category
- akta.pro rank
Frigg.eco industry classification
Industry- Product category
- Renewable Energy Finance Software
- NAICS
- Computer Systems Design Services (541512), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)
- SIC
- Finance Services (6199), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Project Finance & Capital Structuring (Debt/Tax Equity/Project Bonds) (EUAMAAAD)
- akta.pro secondary industries
- SME Credit Risk, Underwriting & Financial Data (B2B Fintech Data/Decisioning) (FSAGAJAM), Climate Finance Strategy (CapEx planning, green finance, incentives & grants) (EUABAKAG), Sustainability & ESG Consulting (BPAHACAK)
Keywords
Where Frigg.eco is headquartered
LocationHeadquarters
- HQ city
- Zug
- HQ country
- Switzerland
- HQ region
- Europe
Offices1 record
Markets served
Frigg.eco business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Subscription Plans: Three-tier SaaS subscription model: Free Midgard tier (CHF 0/month), Pro Asgard tier (CHF 599/month billed annually), and Enterprise Valhalla tier (custom pricing). The free tier provides basic marketplace access while Pro adds advanced features, portfolio management, and project reviews.
- Project Reviews and Reports: One free review for one project included in Midgard tier. Pro tier includes 10 free project reviews to create deals. Additional Frigg Score project-level financial reports priced at CHF 1,500 per report. Enterprise tier includes unlimited project reviews and financial reports.
- Transaction Success Fees: One-off success fees set on a case-by-case basis for transactions facilitated through the platform. Applied when deals close on the marketplace.
- Portfolio Management Dashboards: Optional opt-in for interactive portfolio dashboards available as a monthly add-on for Pro tier users, providing advanced analytics and benchmarking capabilities.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free tier for lean project development teams and prospective investors |
| Subscription | Annual | Pro tier for teams managing several projects and investors ready to allocate capital |
| Subscription | Multi-year contract | Enterprise tier for professional teams requiring full customization |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Frigg.eco product offering
Product offeringCore offering
Frigg.eco operates a B2B SaaS platform — described as the operating system for renewable energy project finance — that connects sustainable infrastructure project developers with institutional investors. The platform standardizes project documentation, delivers automated financial analysis (including the proprietary Frigg Score benchmarked against 20,000+ projects), facilitates deal creation and security token transfers, and provides ongoing portfolio monitoring for small-to-mid-sized renewable energy projects (0.5 to 50 MW) across solar, hydro, wind, biomass, BESS, waste-to-energy, and geothermal technologies.
Product overview
Frigg.eco is a SaaS platform for renewable energy project finance operating as a platform-plus-modules architecture. The core Frigg Platform connects developers and investors, with four integrated products: Marketplace (for project discovery and deal flow), Transactions (for deal structuring and security token transfers), Frigg Intelligence (automated analysis overlay with the Frigg Score), and Portfolio Management (asset tracking and benchmarking). Supporting modules include Seidr (weather-based production forecasting), Frigg Globe (interactive project visualization), and the Frigg Intelligence Sandbox (free financial modeling tool). The platform targets small-to-mid-sized renewable energy projects (0.5 to 50 MW) and supports multiple technologies including Solar PV, Hydro, BESS, Wind, Waste to Energy, and Geothermal.
Differentiator
Problem solved
Functional benefit
Brands
- Frigg Intelligence: Automated analysis overlay that scores projects based on their estimated risk-adjusted excess returns, and models all key financial metrics including suggested debt structuring. Includes the Frigg Score (0-10 rating of risk-adjusted return).
- Seidr
- Frigg Globe
Products and services
- Frigg Platform The central operating system for renewable energy project finance that connects developers and investors through a seamless platform simplifying project sourcing, financial analysis, and fundraising. Covers the entire workflow from documentation and analysis through to post-investment monitoring for small-to-mid-sized renewable energy projects (0.5–50 MW).
- Marketplace A marketplace where renewable energy project developers and investors meet. Projects are anonymized by default and developers control access. Supports filtering by technology, stage, country, and size with financial insights and risk-adjusted return estimations for project discovery and deal flow.
- Transactions Streamlined deal workflow covering deal creation, underwriting, and security token transfer. Enables developers to create investment opportunities with tailored security packages, investors to conduct due diligence and submit offers, and facilitates fractional ownership with traceability, precise accounting, and secondary market support via blockchain-based security tokens.
- Frigg Intelligence Automated analysis overlay providing institutional-grade financial assessments of renewable energy projects. Includes the Frigg Score (0–10 rating of risk-adjusted return), production and financial charts, text-based assessments, and suggested debt structuring. Benchmarked against 20,000+ renewable energy projects to deliver analysis in minutes rather than months.
- Portfolio Management Dashboard for tracking, benchmarking, and reporting across renewable energy asset portfolios. Features bottom-up financial analysis from energy yield assessments to debt structuring, with interactive dashboards and advanced benchmarking across multi-project portfolios.
- Seidr Real-time monitoring and forecasting tool for renewable energy projects. Uses machine learning with weather data (solar irradiance, humidity, cloud coverage, temperature, precipitation) to forecast hourly electricity generation for 7 days ahead, tracking cumulative values for electricity generation, avoided CO2e emissions, and key financial metrics.
- Frigg Intelligence Sandbox Free profitability calculator and financial modeling tool allowing users to estimate project return potential by entering details such as installed capacity, production estimates, CapEx, OpEx, and operational life, providing a sandboxed entry point to Frigg Intelligence.
Quantifiable outcome
- 174 projects onboarded during beta phase representing EUR 760M in capital expenditure
- +3 more outcomes
Companies that use Frigg.eco
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
Frigg.eco technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability9 records
Feature6 records
Frigg.eco partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core, flagship and supporting.
- Hydropower AScoreNorwegian renewable energy developer. Frigg helped structure and secure CHF 4.5M senior debt financing collateralized across Vikersund portfolio (9.8 MW solar + 1.1 MW BESS), creating Norway's largest ground-mount solar installation. Partnership ongoing for expansion with additional BESS units.
- Julius BaerflagshipGlobal wealth management firm. Frigg joined the Julius Baer Global Web 3.0 Program, a four-month engagement connecting innovative Web 3.0 startups with industry leaders to explore new technologies in wealth management.
- PwC BelgiumflagshipSelected for PwC Scale Sustainable Finance program, a highly selective initiative supporting startups in sustainable finance. 8-week intensive program with senior executives and experts, culminating in Innovation Day presentation. Over 30 major European corporates involved.
- Malthe Winje (MW) est. 1922coreNorwegian infrastructure developer with support from Norwegian government agencies (NORAD, Norec, NORFUND). First digital green bond issuer on Frigg's platform. The AgaTobwe Token (ATT) represents a milestone in digital asset innovation for sustainable finance, issued in accordance with Swiss Distributed Ledger Technology bill to refinance a hydro plant in Rwanda.
- CirclesupportingUSDC stablecoin provider. Investors can purchase ATT with USDC, a fully reserved stablecoin created by Circle, redeemable 1:1 US dollars as it is 100% backed by cash and short-dated U.S. Treasuries.
- PatchsupportingCarbon footprint tracking API provider. Frigg uses Patch's API to track the carbon footprint of token contracts on Ethereum.
- Goldfinch ProtocolsupportingUnique Identity (UID) product provider developed by Warbler Labs. Frigg accepts UID to restrict US-based persons and entities from purchasing ATT in primary market issuance.
- QuadratasupportingPassport network bringing identity and compliance layer to public blockchains. Frigg uses Quadrata Passports to restrict US-based persons and entities, and high-risk individuals and wallet addresses from purchasing ATT.
- Microsoft Azure IoTsupportingInternet of Things integration provider. Frigg connects to project local IoT networks (e.g., Agatobwe hydro plant) and displays real-time data of electricity production and web cameras.
- University of Zurich (Academic Council)supportingResearch collaboration with Professor Markus Leippold (Academic Council) and PhD candidate Philip Berntsen. Received grant from Swiss Federal Office of Energy to study renewable financing via asset tokenization, conducting framed stakeholder interviews with project developers and financiers.
- Enterprise for Society Center (E4S)supportingJoint venture of University of Lausanne through HEC Lausanne, IMD, and EPFL. Collaboration to understand how retail investors view tokenized green bonds, developing tailored products and services.
- NorecsupportingNorwegian exchange for research cooperation. Part of grant partnership with Malthe Winje for digitizing renewable energy due diligence using remote sensing, ML, and AI, with expert Oliver Carmignani based in Nairobi.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
Frigg.eco competitors and assessment
Company assessmentMarket position
Strengths4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Frigg.eco social profiles
Digital presenceFrigg.eco compliance and trust
Trust signalCompliance1 record
Frigg.eco financial estimates
Financial estimateRevenue estimate
Valuation estimate
Frigg.eco leadership team
Management profileNumber of profiles
Profiles10 records
Frigg.eco funding detail
Funding detailFunding overview
Funding rounds4 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Frigg.eco M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Frigg.eco
What does Frigg.eco do?
Frigg.eco operates a B2B SaaS platform — described as the operating system for renewable energy project finance — that connects sustainable infrastructure project developers with institutional investors. The platform standardizes project documentation, delivers automated financial analysis (including the proprietary Frigg Score benchmarked against 20,000+ projects), facilitates deal creation and security token transfers, and provides ongoing portfolio monitoring for small-to-mid-sized renewable energy projects (0.5 to 50 MW) across solar, hydro, wind, biomass, BESS, waste-to-energy, and geothermal technologies.
Is Frigg.eco a public or private company?
Frigg.eco is a private company. It is classified as venture growth investor backed and is currently operating.
When was Frigg.eco founded?
Frigg.eco was founded in 2022. It employs 11 to 50 people.
Where is Frigg.eco based?
Frigg.eco is headquartered in Zug, Switzerland, in the Europe region.
How does Frigg.eco make money?
Four revenue lines are on record. Subscription Plans are the primary driver. The others are project Reviews and Reports, transaction Success Fees and portfolio Management Dashboards.
Does Frigg.eco have an API?
No public API is recorded for Frigg.eco.
What industry is Frigg.eco in?
Frigg.eco's product category is Renewable Energy Finance Software. Its primary akta.pro industry code is EUAMAAAD, Project Finance & Capital Structuring (Debt/Tax Equity/Project Bonds), with a secondary code of FSAGAJAM, SME Credit Risk, Underwriting & Financial Data (B2B Fintech Data/Decisioning). Its NAICS code is 541512 and its SIC code is 6199.