coneva

What coneva does

coneva GmbH is a Munich-based digital energy services company founded in 2018 together with SMA Solar Technology AG to commercialize energy management for commercial, industrial, and logistics customers in Germany. The company operates a cloud-based platform (coneva core) connected through a local SmartBox hardware controller to batteries, PV systems, and EV charging infrastructure. Its flagship product, coneva Flex, uses a forecast-driven EMS algorithm to schedule battery charging and discharging, perform peak shaving, and optimize self-consumption against EPEX Spot market prices. Two complementary products round out the offering: coneva Tarif, a dynamic electricity tariff that supplies customers at 1:1 spot prices with coneva acting as their licensed energy utility company (EVU since 2024), and Direktvermarktung, a PV direct marketing service (delivered as SMA Spot powered by coneva for SMA-equipped plants and, from 2026, as manufacturer-independent Solar Spot).

coneva generates revenue through three recurring or transaction-based streams: dynamic electricity supply margins on commodity pass-through, multi-year SaaS subscriptions for coneva Flex, and transaction fees on PV direct marketing at the exchange. Go-to-market combines direct enterprise sales (free initial consultation, savings analysis, implementation) with a partner program targeting installation companies, EPCs, energy consultants, and OEMs, who can white-label the Flex solution. Target customers are German businesses with annual electricity consumption above 100,000 kWh using RLM meters, spanning logistics (DHL, Döpke Logistik, Wessels Logistik), retail (aktiv & irma, Möbelhaus), energy (SMA AG, Elexon, AVIA Plus), charging infrastructure (Seed & Greet), and crypto mining (Dürr Solutions). The company is small (11-50 employees), private, and led by managing directors Frank Blessing and Richard Tyroller, with SMA Solar Technology AG acting as strategic parent.

Name

coneva

Legal name

coneva GmbH

Website

https://coneva.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

coneva is a Munich-based digital energy services firm that provides cloud-based energy management, dynamic EPEX Spot electricity supply, and PV direct marketing to commercial, industrial, and logistics customers in Germany via its Flex platform and SmartBox hardware.

Ownership category

akta.pro rank

Product category

Energy Management Software

NAICS

Electric Power Generation, Transmission and Distribution (2211), Electric Power Transmission, Control, and Distribution (22112), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Electric Services (4911), Electric, Gas & Sanitary Services (4900)

akta.pro primary industry

EV Charging Network Management & Software Services (CPMS, Monitoring, Billing) (TLAKAMAG)

akta.pro secondary industries

EV Charging & Fleet VPP Aggregation (Managed Charging, V2G, Depot/Highway) (EUAFAHAC), Retail Supply + DER/Virtual Power Plant Bundles (Solar, Storage, DR) (EUAGABAI), V2G Aggregators & Flexibility Service Providers (Market Participation) (EUAFAMAG), EMS / SCADA / DERMS Controls Integration for Storage (EUAEAEAG)

Keywords

• Energy management software
• Battery storage optimization
• Dynamic electricity tariffs
• PV direct marketing
• EV charging management

Headquarters

HQ city

Munich

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Supply Chain

Revenue model

1. Energy Supply (Stromliefervertrag): As an energy utility company (EVU), coneva supplies electricity to customers at dynamic EPEX Spot market prices. Customers switch their electricity provider to coneva. Revenue comes from electricity supply margins on top of market prices.
2. SaaS Energy Management (coneva Flex): Monthly subscription for intelligent battery optimization, charging management, and energy flow optimization. Includes 2-year contract with 3-month notice period. Revenue from software and management fees.
3. PV Direct Marketing (Direktvermarktung): Marketing PV electricity directly at the exchange for plant operators starting at 100 kWp capacity. Earns market premium and provides transparent settlement. Two revenue streams from spot market sales.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

Coneva sells an integrated energy management ecosystem for commercial and industrial customers, combining the proprietary coneva core cloud platform and SmartBox hardware controller with three commercial offerings: coneva Flex (SaaS energy management for battery, PV, and EV-charging optimization), coneva Tarif (dynamic electricity tariff at 1:1 EPEX Spot market prices), and Direktvermarktung (PV direct marketing at the exchange with market premium). The company operates as a licensed German energy utility (EVU), requiring customers to switch electricity provider to access its dynamic tariff and Flex services.

Product overview

coneva offers a three-product energy management portfolio for commercial and industrial (C&I) customers: coneva Flex (intelligent battery and energy management system), coneva Tarif (dynamic electricity tariff at EPEX Spot prices), and Direktvermarktung (PV direct marketing). These three products are designed to work together as a 'perfect triad' — Flex steers battery storage and charging infrastructure, Tarif provides the dynamic electricity procurement at spot prices, and Direktvermarktung optimizes PV plant revenues at the exchange — creating an integrated energy ecosystem for industry, trade, and logistics.

Differentiator

Problem solved

Functional benefit

Products and services

• coneva Flex Intelligent SaaS energy management system for commercial and industrial customers that automatically steers battery storage, PV systems, and EV charging infrastructure in real time. Combines load peak management, self-consumption optimization, dynamic electricity tariff procurement, and flexibility marketing on the coneva core platform with SmartBox hardware. Includes 24/7 monitoring under a 2-year contract with 3-month notice.
• coneva Tarif (Dynamic electricity tariff) Dynamic electricity tariff for German commercial and industrial customers requiring RLM meters, delivering electricity at 1:1 EPEX Spot market prices without flat surcharges. Customers must switch their electricity provider to coneva (licensed EVU). Includes monthly billing and four-week cancellation notice, with full transparency on 15-minute market pricing.
• Direktvermarktung (PV Direct Marketing) Direct marketing service for PV plants starting at 100 kWp, enabling operators to market solar power directly at the EPEX Spot exchange (including market premium) without their own operational effort. Available as SMA Spot powered by coneva for SMA-infrastructure plants and as manufacturer-independent Solar Spot, with transparent settlement on spot-market sales.

Quantifiable outcome

• Up to 35% savings on energy costs for commercial and industrial customers
• +5 more outcomes

Named customers11 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

AI capability1 record

Feature3 records

Partnerships

Three partnerships are on record, tiered minor and core.

• E.ON UKminorStrategic or Co-development Partner · 1 January 2021Joint project in Maidenhill, Glasgow to build an energy community with E.ON UK, part of coneva's UK expansion in 2021.
• SMA Solar Technology AGcoreStrategic or Co-development Partner · 1 January 2018Co-founded coneva with SMA in 2018. SMA is a major manufacturer of PV and battery inverters. The partnership began with joint development of energy management solutions and evolved into SMA Spot powered by coneva for PV direct marketing.
• novaSES GmbHminorImplementation/ SI/ Consulting PartnerPartner for planning and construction of PV installations. Worked with coneva on the Döpke Logistik project for PV system design and installation.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• E.ON: One of Europe's largest energy utilities and a named coneva partner (E.ON UK). Offers dynamic tariffs, EV charging, and flexibility services across Germany and UK — broad incumbent competing with coneva in multiple product lines.
• SMA Solar Technology AG: Global leader in PV and battery inverters and coneva's parent/co-founder. Provides the hardware layer and SMA Spot channel that coneva's platform integrates with; broader incumbent in C&I solar energy management.

Direct peers

• Lichtblick: German digital energy utility offering dynamic tariffs, smart home/EMS, and electricity supply to households and SMBs. Most direct coneva peer in the German market — same product architecture (retail electricity + EMS), though more residential-focused.
• The Mobility House: European EV charging and flexibility/VPP operator focused on depot charging, bidirectional charging, and battery integration. Closest peer to coneva's E-truck depot and PV+storage+charging integrated offering.
• Next Kraftwerke: German VPP operator aggregating renewables, batteries, and flexible loads for the EPEX Spot market. Directly competes in the Direktvermarktung/aggregation segment and overlaps with coneva's flexibility marketing roadmap.
• aWATTar (EnBW): German dynamic electricity tariff provider at EPEX Spot prices, now owned by EnBW. Directly competes with coneva Tarif and is the benchmark dynamic-tariff brand in Germany.
• Tibber: Nordic-origin dynamic electricity retailer and smart home energy app expanding into Germany and other EU markets. Comparable business model (spot-priced electricity + EMS software) competing for the same dynamic-tariff customer segment.
• Energy2market (e2m): German direct marketer (Direktvermarktung) for renewable plants, offering spot marketing and balancing services. Overlaps with coneva's PV Direktvermarktung product and broader market access services.

Emerging players

• EcoG: Munich-based EV charging management software provider focused on CPOs and OEMs. Comparable in the EV charging software segment (overlap with coneva Charging and depot management), emerging rather than incumbent scale.
• AMPECO: EV charging management platform serving charge point operators across Europe with CPMS, billing, and smart charging features. Direct overlap with the EV charging software layer of coneva's platform.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks2 records

Key highlights5 records

Customer concentration

• Xx.com/conevaenergy

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

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 coneva