What Vertigo does

Vertigo is a Paris-based CEE (Certificats d'Économies d'Énergie) intermediary founded in 2018 that manages the end-to-end cycle of energy efficiency programs in France, from project identification and technical advisory through financial prime distribution and PNCEE dossier submission. The firm operates between energy suppliers (six Obligés including TotalEnergies) and end beneficiaries, drawing on a network of 150 RGE-certified artisan installers to channel both B2C household requests (insulation, heating, ventilation, smart thermostats, EV premiums) and B2B engagements (tertiary buildings under Décret Tertiaire, industry, collective housing, local authorities, and professional fleets). Its core platform capability is programmatic CEE dossier management — assembling administrative files, calculating Kwh cumac energy savings, performing quality control of construction works, and submitting validated dossiers to the PNCEE registry on behalf of Obligés. The firm monetises through fees paid by energy suppliers for delegated program management, transaction/take-rate on distributed CEE primes (e.g., €3,150–€7,000 per EV transaction, €275–€660 per connected thermostat, multi-thousand-euro heating and renovation primes), and ancillary technical consulting.

Vertigo's flagship achievement is the MOEBUS program (2019-2021), selected by the Ministère de la Transition Écologique, which distributed €36.5M for 528 electric buses across 69 beneficiary communities and 300 communes, electrified 37 bus depots, deployed 255 charging stations, and is credited with 35,000 tonnes of annual avoided CO2. The company has since launched a successor TRA-EQ-128 electric bus CEE incentive (January 2025, extending through 2030), and expanded vertically through two wholly-owned subsidiaries — Borne Recharge Service (BRS) for home and business EV charging installation, and BR PARK, which holds a 20-year concession with CDC Habitat for charging infrastructure in social housing. Distribution combines direct digital/website funnels, an artisan referrer network, enterprise sales (notably Arval France, June 2025), and direct local-government engagement. Operations are concentrated in France (Île-de-France and national footprint), with ISO 9001 certification and CNIL GDPR registration (30929) supporting its compliance posture. Vertigo is privately held, bootstrapped (no funding rounds disclosed), and operates with 28 associates.

Name

Vertigo

Legal name

Vertigo

Website

https://vertigo-energy.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

Vertigo is a Paris-based CEE intermediary managing French energy efficiency programs end-to-end — technical advisory, dossier processing, and CEE prime distribution — for households, businesses, and local governments, channelled through a 150-certified-artisan installer network.

Ownership category

akta.pro rank

Product category

Energy Efficiency Consulting

SIC

Electric & Other Services Combined (4931)

akta.pro primary industry

Supply Chain & Product Environmental Compliance (RoHS, WEEE, Packaging EPR, Eco-Design/Labeling Regulations) (EUAHABAJ)

Keywords

• Energy efficiency consulting
• CEE program management
• Building energy management
• Electric mobility financing
• Energy renovation services

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. CEE Delegataire Services: Vertigo acts as a mandataire/délégataire for energy suppliers (Obligés), managing CEE programs, promoting energy efficiency, distributing financial primes, and processing administrative dossiers. Revenue comes from fees paid by Obligés for program management and prime distribution.
2. Technical Consulting and Project Management: Vertigo provides technical advice, feasibility studies, and project management for energy efficiency projects, assisting clients in decision-making for CEE-qualified investments.
3. CEE Prime Distribution: Vertigo distributes CEE financial primes to beneficiaries (households, professionals, collectives) either directly to clients or through partner installers, with amounts varying based on income levels and work types.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Vertigo acts as a CEE (Certificats d'Économies d'Énergie) intermediary between energy suppliers (Obligés) and beneficiaries, managing the complete lifecycle of energy efficiency projects from identification and technical advisory to financial prime distribution and PNCEE compliance verification. The firm also operates specialized programs such as MOEBUS for electric bus fleet conversion, Coup de Pouce incentive schemes for households, GTB building management services, and EV charging infrastructure through subsidiary Borne Recharge Service.

Product overview

Vertigo is a specialized energy efficiency and decarbonized mobility consulting company founded in 2018, acting as an intermediary between energy suppliers (Obligés) and beneficiaries of energy efficiency projects within the French CEE (Certificats d'Economies d'Energie) framework. The core offering centers on managing CEE program financing, with the flagship Moebus program (2019-2021) having distributed 36.5M€ for 528 electric buses. Vertigo's portfolio includes specialized modules for building technical management (GTB), various Coup de Pouce subsidy programs for heating, insulation, renovation, and electric vehicles, and home charging infrastructure through subsidiary Borne Recharge Service. The company connects to the broader ecosystem via partnerships with Symphonics for connected equipment management. Services are delivered through a network of approximately 150 installer partners, supporting both B2C homeowners and B2B enterprises/collectivities.

Differentiator

Problem solved

Functional benefit

Brands

• Moebus: CEE program for electric bus fleet conversion, managed by Vertigo from 2019 to 2021
• Borne Recharge Service

Quantifiable outcome

• 20% average energy savings for clients implementing GTB systems
• +4 more outcomes

Named customers8 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Arval FrancecoreStrategic or Co-development Partner · 2 June 2025Strategic partnership integrating CEE offers into Arval France's vehicle leasing services to accelerate fleet electrification. Arval manages all administrative processing and treatment of CEE primes for its clients, enabling simplified access to funding for electric vehicle acquisition.
• Smart Building Alliance (SBA)minorStrategic or Co-development Partner · 3 November 2023Industry association with 450 member companies working on smart building standards and frameworks. Vertigo participates in collaborative working groups and contributes to Smart Building deployment in residential, tertiary, and territorial sectors.
• Ministère de la Transition Écologique (French Ministry of Ecological Transition)coreStrategic or Co-development Partner · 1 January 2018Government body that selected Vertigo to operate the MOEBUS CEE program through their 2018 Appel à Programmes CEE, providing program oversight and regulatory framework.
• ADEME (Agence de la Transition Écologique)coreStrategic or Co-development Partner · 1 January 2018Government agency overseeing CEE program operations, operating the OPERAT platform for tertiary energy performance declarations, and supporting energy transition initiatives.
• Borne Recharge Service (BRS)coreStrategic or Co-development PartnerSubsidiary of Vertigo Group providing EV charging station installation and operation services for individual homes, condominiums, and businesses. Operates through BR PARK with 20-year concession with CDC Habitat.

Scale indicators12 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Hellio: Hellio is a leading French CEE (Certificats d'Économies d'Énergie) délégataire and energy efficiency services provider, operating as a direct intermediary between Obligés and beneficiaries. It offers nearly identical products to Vertigo: prime distribution, dossier management, and renovation advisory, making it the closest head-to-head competitor.
• IZI by EDF: IZI by EDF is EDF's home energy renovation subsidiary, offering CEE prime distribution, insulation, heating, and EV charging services. It competes with Vertigo across the B2C renovation and EV prime segments, and represents the utility-insourcing threat to independent délégataires.
• PrimesEnergie.fr: PrimesEnergie.fr is a French online CEE prime comparison and distribution platform serving both households and businesses. It is comparable to Vertigo's prime distribution and B2C lead-generation motion, though with a more digital-first delivery model.
• Effy: Effy is a French home energy renovation platform and CEE prime distributor that connects households with RGE-certified artisans. It is highly comparable to Vertigo's B2C and artisan-network business model, with overlapping revenue from prime intermediation and renovation services.
• Certinergy: Certinergy is a French CEE intermediary (délégataire) that designs, finances, and manages energy efficiency programs for Obligés. It competes directly with Vertigo for CEE program management contracts and serves the same B2B and public-sector clients.

Broad incumbents

• ENGIE Solutions: ENGIE Solutions is the B2B services arm of ENGIE, offering building energy management, GTB, and Décret Tertiaire compliance support. It overlaps with Vertigo's enterprise and tertiary segments but as part of a much broader utility services portfolio.
• EDF: EDF is one of France's largest Obligés and operates its own CEE programs and energy services businesses (including IZI by EDF). As a major counterpartie in the CEE market, EDF shapes the competitive landscape in which Vertigo operates.

Emerging players

• Eco CO2: Eco CO2 is a French energy efficiency specialist that designs and operates CEE programs for Obligés and public actors. It is comparable to Vertigo's program design and management capability but with a narrower sector focus (behavioural and equipment efficiency).

Others

• Arval France: Arval France is a strategic partner of Vertigo (since June 2025) and one of Europe's largest vehicle leasing companies. It is a channel partner and embedded-distribution counterpart rather than a competitor, but its fleet electrification ambitions make it a key ecosystem player in Vertigo's EV mobility growth thesis.
• TotalEnergies: TotalEnergies is a Vertigo partner and co-financier of the MOEBUS program, but also an Obligé that could in-source CEE program management. Its dual role as partner and potential competitor makes it a key ecosystem participant rather than a pure peer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/vertigoenergy

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vertigo