Evogy
Evogy is an Italian energy service provider offering the Simon BEMS platform — an AI- and IoT-enabled system for monitoring, predictive optimization, and decarbonization of HVAC and energy use in commercial, healthcare, industrial, and retail buildings across Italy.
- Company typePrivate
- Founded2018
- HeadquartersSeriate, Italy
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Evogy does
Evogy Srl is an Italian Energy Service Provider founded in 2018 and headquartered in Seriate (Bergamo), specializing in AI-powered building energy management. The company's core product is Simon, a cloud-based Building Energy Management System (BEMS) that integrates IoT sensors, cloud computing, and machine learning to monitor, analyze, and predictively optimize HVAC and energy consumption in commercial, industrial, healthcare, and retail buildings. The proprietary ECOMagic ML module handles predictive optimization across energy, weather, and market data streams, with an additional Ei-TWIN digital-twin R&D track targeting energy communities and industrial plants.
Evogy monetizes through a mix of recurring SaaS subscriptions (Simon platform access), performance-linked optimization services with guaranteed savings under a bonus/malus mechanism, Transizione 5.0 / Iperammortamento / Conto Termico 3.0 incentive consulting, and turnkey managed-service packages. Pricing is custom and quote-based, bundling consulting, platform, and ongoing optimization. Go-to-market is sales-led enterprise field sales in Italy, supplemented by channel partnerships with Leyton (incentive advisory), Harpaceas (construction), JLL (commercial real estate), and Camplus (student housing). Customer logos span Humanitas Group (5 hospitals), Venchi, Acqua & Sapone, Forum Palermo, VIDAS, Ergon, and Movie Planet.
Evogy holds B Corp certification (July 2022), ISO 14064-2 (CO2 baseline methodology), Happy At Work, and Società Benefit status (December 2021). In May 2026, Evolvere Venture acquired 100% of the company in a governance change described as a new industrial phase. Operations remain Italy-only. Headcount is 11-50 employees and the company is privately held.
Evogy firmographics
Firmographics- Name
- Evogy
- Legal name
- Evogy Srl
- Website
- https://evogy.it
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Evogy is an Italian energy service provider offering the Simon BEMS platform — an AI- and IoT-enabled system for monitoring, predictive optimization, and decarbonization of HVAC and energy use in commercial, healthcare, industrial, and retail buildings across Italy.
- Ownership category
- akta.pro rank
Evogy industry classification
Industry- Product category
- Building Energy Management Software
- NAICS
- Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512), Environmental Consulting Services (541620)
- SIC
- Auto Controls For Regulating Residential & Comml Environments (3822), Services-Computer Integrated Systems Design (7373), Industrial Instruments For Measurement, Display, And Control (3823)
- akta.pro primary industry
- Energy Management & Monitoring (Submetering, Dashboards, Analytics) (BPABAGAD)
- akta.pro secondary industries
- Smart Climate & Air Quality (Thermostats, HVAC, Purifiers, IAQ Sensors) (HSAPAQAD), Utility Asset Performance Management & Predictive Maintenance (Grid/Plant IoT) (EUADAPAI), Microgrid, DER & Building Electrification Energy Controls (Solar/Storage/EV Load Orchestration) (BPABAGAJ)
Keywords
Where Evogy is headquartered
LocationHeadquarters
- HQ city
- Seriate
- HQ country
- Italy
- HQ region
- Europe
Offices1 record
Markets served
Evogy business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- BEMS/SaaS Platform Subscription: Recurring subscription-based access to the Simon platform for energy monitoring and optimization services. Includes cloud infrastructure, software updates, and continuous platform improvements.
- Predictive Optimization Services: Ongoing AI-driven optimization services for HVAC systems, delivering guaranteed energy savings. Evogy offers a bonus/malus mechanism on energy savings, guaranteeing results.
- Transizione 5.0 Consulting Services: Specialized consulting for Italian government incentive programs including preliminary analysis, investment selection support, and documentation preparation for tax credit access.
- Turnkey Energy Management Solutions: Comprehensive service packages combining consulting, monitoring platform access, and optimization services in a single offering for industrial and commercial clients.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise Energy Management Package |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels8 records
Evogy product offering
Product offeringCore offering
Evogy sells an AI-powered Building Energy Management System called Simon, delivered as a cloud platform that ingests IoT sensor data and applies machine learning (the ECOMagic module) to monitor, predictively control, and optimize HVAC and overall energy consumption in commercial, industrial, and healthcare buildings. The offering bundles the Simon Analytics monitoring module, the Simon Optimizer predictive optimization module, a Photovoltaic Monitoring service, plus turnkey consulting for Italian incentive programs (Transizione 5.0, Iperammortamento, Conto Termico 3.0) to help clients cut energy use and CO2 emissions.
Product overview
Evogy offers a unified platform architecture centered on Simon, a cloud-based BEMS (Building Energy Management System) that integrates IoT technologies, AI, and machine learning. The platform consists of interconnected modules: Simon Analytics for comprehensive energy consumption monitoring, Simon Optimizer for AI-driven predictive optimization of HVAC systems, Photovoltaic Monitoring for solar installation oversight, and ECOMagic serving as the core ML engine powering optimization algorithms. The Simon platform enables advanced energy management and demand response for commercial, tertiary, and industrial sectors, including multi-site operations such as supermarkets, shopping centers, retailers, hospitals, and industries.
Differentiator
Problem solved
Functional benefit
Brands
- Simon: BEMS (Building Energy Management System) platform for monitoring and optimizing energy consumption in buildings. Includes Simon Analytics for energy monitoring and Simon Optimizer for predictive optimization of HVAC systems.
- ECOMagic
- Ei-TWIN
Products and services
- Simon (BEMS Platform) Cloud-based Building Energy Management System (BEMS) platform that integrates IoT sensor data and machine learning (ECOMagic) to provide advanced energy management — monitoring, control, and optimization of building plant systems and demand response — for commercial, tertiary, and industrial customers.
- Simon Analytics Energy monitoring service that tracks all energy flows and environmental comfort parameters, enabling detailed analysis of consumption patterns and identification of inefficiencies for commercial and industrial customers.
- Simon Optimizer Real-time predictive optimization service that uses AI algorithms to automatically and predictively control HVAC systems, reducing energy consumption (10–15% annual savings, up to 30% reduction) while maintaining comfort, for commercial, industrial, and healthcare customers.
- Photovoltaic Monitoring Monitoring service for photovoltaic installations that integrates solar generation data with the Simon platform, enabling customers to oversee on-site solar production alongside broader energy management.
- Transizione 5.0 / Italian Incentive Consulting Specialized turnkey consulting service supporting Italian enterprises in accessing government incentive programs (Transizione 5.0, Iperammortamento, Conto Termico 3.0), including preliminary analysis, investment selection, and documentation for tax credit access, delivered in partnership with Leyton.
- Turnkey Energy Management Solutions Comprehensive 'chiavi in mano' (turnkey) managed energy management service that bundles consulting, the Simon monitoring platform, and ongoing optimization for industrial and commercial clients, with a bonus/malus mechanism that guarantees energy savings.
Quantifiable outcome
- 10-15% annual HVAC energy savings (up to 30% reduction)
- +4 more outcomes
Companies that use Evogy
Customer profileNamed customers9 records
Segments6 records
Ideal customer profiles4 records
Evogy technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability6 records
Feature6 records
Evogy partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- LeytoncoreAdvisory and consulting partnership supporting Evogy clients in accessing Italian government incentive programs including Transizione 5.0, Iperammortamento, and Conto Termico 3.0. Leyton co-sponsored Evogy's Grand Prix Startup award recognition.
- HarpaceascoreStrategic agreement for decarbonization and digitalization of the construction sector. Collaboration combines Harpaceas's engineering expertise with Evogy's energy management technology.
- JLLcorePartnership with global real estate services firm JLL for delivering energy efficiency solutions to commercial real estate clients. JLL refers Evogy's solutions to their property management clients.
- CamplusminorStudent housing provider partnership for energy management in residential facilities. Projects implemented at Camplus locations in Florence and Turin.
- Energy IntelligenceminorCollaborative partnership for building decarbonization initiatives, featured in ESG 360 industry coverage.
- R2M SolutionminorJoint initiative for decarbonization of buildings in collaboration with Energy Intelligence.
- Alens SrlcoreIndustrial research collaboration on Ei-TWIN (Energy Intelligent Twin) digital twin technology project for buildings, plants, and energy communities.
- S.A.L.F. S.p.A. Laboratorio FarmacologicominorIndustrial research collaboration partner in Ei-TWIN digital twin project for energy optimization.
- Master CommunicationminorPR and press office partnership for media relations and communications support.
Scale indicators7 records
Recent moves7 records
Expansion highlights5 records
Evogy competitors and assessment
Company assessmentDirect peers
- 75F: Cloud-based building automation and AI HVAC optimization company targeting commercial portfolios. Highly analogous technology stack and multi-site commercial building GTM model to Evogy's Simon platform.
- BrainBox AI: Canadian AI-native HVAC predictive optimization startup serving commercial buildings. Directly comparable to Evogy's Simon Optimizer + ECOMagic stack in target customer (commercial real estate) and AI-driven HVAC/energy savings proposition.
Broad incumbents
- Honeywell Building Technologies: Honeywell Forge BMS and HVAC controls compete in the same commercial/industrial BEMS category as Evogy's Simon platform, with deeper enterprise penetration and broader hardware-software-services footprint.
- Siemens Smart Infrastructure: Major building automation and HVAC controls vendor with Desigo / Navigator platforms serving commercial and industrial facilities. Overlaps Evogy's BEMS / HVAC optimization space at much larger scale and global reach.
- ABB (Building Automation): ABB Ability building automation and energy management solutions compete with Evogy's BEMS / energy monitoring offering as part of ABB's broader electrification and automation portfolio.
- ENGIE: Global energy services and building energy management provider offering decarbonization, BEMS-adjacent services and ESCO models that overlap Evogy's turnkey optimization + consulting offering.
- Schneider Electric (EcoStruxure): Global leader in building automation, energy management, and BMS with EcoStruxure platform. Overlaps with Evogy's BEMS / energy monitoring capabilities as part of a much broader electrification portfolio.
- Johnson Controls (OpenBlue): OpenBlue connected buildings suite competes directly in commercial BEMS and HVAC optimization, serving healthcare and industrial segments that overlap with Evogy's core verticals at a global scale.
Emerging players
- Carbon Lighthouse: Building decarbonization analytics startup applying predictive analytics and engineering services to commercial real estate energy reduction — adjacent technology category with shared customer base.
Regional players
- Enel X: Italian energy services and demand-response arm of Enel operating in the same Italian market as Evogy, offering energy efficiency and demand response solutions to commercial/industrial customers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Evogy social profiles
Digital presenceEvogy compliance and trust
Trust signalCompliance3 records
Evogy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Evogy leadership team
Management profileNumber of profiles
Profiles2 records
Evogy funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Evogy 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 Evogy
What does Evogy do?
Evogy sells an AI-powered Building Energy Management System called Simon, delivered as a cloud platform that ingests IoT sensor data and applies machine learning (the ECOMagic module) to monitor, predictively control, and optimize HVAC and overall energy consumption in commercial, industrial, and healthcare buildings. The offering bundles the Simon Analytics monitoring module, the Simon Optimizer predictive optimization module, a Photovoltaic Monitoring service, plus turnkey consulting for Italian incentive programs (Transizione 5.0, Iperammortamento, Conto Termico 3.0) to help clients cut energy use and CO2 emissions.
Is Evogy a public or private company?
Evogy is a private company. It is classified as private equity controlled and is currently operating.
When was Evogy founded?
Evogy was founded in 2018. It employs 11 to 50 people.
Where is Evogy based?
Evogy is headquartered in Seriate, Italy, in the Europe region.
How does Evogy make money?
Four revenue lines are on record. BEMS/SaaS Platform Subscription is the primary driver. The others are predictive Optimization Services, transizione 5.0 Consulting Services and turnkey Energy Management Solutions.
Who are Evogy's main competitors?
Direct peers on record are 75F and BrainBox AI. Broad incumbents are Honeywell Building Technologies, Siemens Smart Infrastructure, ABB (Building Automation), ENGIE, Schneider Electric (EcoStruxure) and Johnson Controls (OpenBlue). Carbon Lighthouse is listed as an emerging player. Enel X is listed as a regional player.
Does Evogy have an API?
No public API is recorded for Evogy.
What industry is Evogy in?
Evogy's product category is Building Energy Management Software. Its primary akta.pro industry code is BPABAGAD, Energy Management & Monitoring (Submetering, Dashboards, Analytics), with a secondary code of HSAPAQAD, Smart Climate & Air Quality (Thermostats, HVAC, Purifiers, IAQ Sensors). Its NAICS code is 334512 and its SIC code is 3822.