MAS Consulting

What MAS Consulting does

MAS Consulting S.r.l. is an Italian vertical SaaS company founded in 2007 and headquartered in Lecco, Italy, that builds mission-critical software for operators across the Italian and European energy value chain. The company sells four integrated product suites — QUE MAS (commercial energy engine covering CPQ, consumption forecasting, credit scoring, portfolio management, and contract lifecycle for electricity and gas), IDRO (hydroelectric optimization with AI/ML production planning, maintenance management, capacity market operations, and hydraulic simulation), ERGO (modular ETRM and TIDE 2025-compliant bidding for electricity trading across MGP, MI, PCE, and XBID), and LAGO (gas logistics, settlement, and nominations) — comprising roughly 20 modules that can be adopted individually or as a stack. Underlying technology centers on native API connectors to the full Italian market infrastructure (GME, Terna/AGILE, SII, SNAM, IPEX, PCE, XBID, CRIF, SACE, TSO via Edig@s), proprietary forecasting and optimization algorithms, and real-time dashboards, with cloud SaaS delivery across modules.

The company serves six primary enterprise customer segments: energy retailers, multi-utilities, trading and energy management companies, electricity producers (with a hydroelectric specialization), portfolio managers, and aggregators. Reported operational scale includes 300k+ offers generated, 200+ TWh of energy sold through the platform, 1.35 billion Smc of gas volumes managed, 2,500+ MW of hydroelectric capacity optimized, 1,500+ commercial clients on QUE MAS, 35k+ managed clients on QUBO, and 100k+ credit requests processed through QUE RISK.

The business model is B2B enterprise SaaS sold via a direct, consultative field-sales motion — demo requests through the website, direct email engagement, and Calendly-based booking — with customized quote-based pricing per client, multi-year contracts, and module-by-module adoption. MAS Consulting is privately held with no disclosed external investors, funding rounds, or parent company, indicating a founder/owner-operated growth model. The company operates without disclosed international offices and primarily serves the Italian market with selective European reach via XBID.

Name

MAS Consulting

Legal name

MAS Consulting S.r.l.

Website

https://mas-co.it

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Short description

MAS Consulting S.r.l. is a privately held Italian vertical SaaS company that builds TIDE 2025-compliant software suites for electricity and gas operators, serving retailers, multi-utilities, trading desks, producers, portfolio managers, and aggregators across Italy and selected European markets.

Ownership category

akta.pro rank

Product category

Energy Trading and Risk Management (ETRM) Software

NAICS

Software Publishers (5132)

SIC

Services-Prepackaged Software (7372)

akta.pro industry

PRIMARYEUAGADAL

PPA Origination, Advisory & Contract Management (Negotiation, Credit, Settlements)

Energy, Utilities & Environment/Energy Trading, Marketing & Retail Supply/Power Purchase Agreements (PPAs) & Structured Energy Products

Keywords

• Energy trading software
• ETRM solutions
• Hydroelectric optimization
• Gas logistics software
• Energy market platforms

Headquarters

HQ city

Lecco

HQ country

Italy

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Software Licenses and Subscriptions: B2B SaaS model providing access to integrated software suites (QUE MAS, IDRO, ERGO, LAGO) and individual modules. Each module is autonomous and integratable, allowing customers to adopt full suites or specific products based on their needs. Pricing appears to be customized per client based on modules selected and usage scale.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

MAS Consulting develops and licenses vertical SaaS software for the Italian and European energy market. The product portfolio comprises four integrated suites: QUE MAS Suite (commercial energy engine for CPQ, portfolio management, credit scoring, and contract management), IDRO Suite (AI/ML-powered hydroelectric optimization, maintenance management, and capacity market tools), ERGO Suite (modular ETRM with TIDE 2025 compliant bidding and consumption forecasting), and LAGO Suite (gas contract logistics, settlement, and nominations). Each module is sold standalone or as part of an integrated suite, with native API connectors to GME, Terna, SII, SNAM, TSO, IPEX, PCE, and XBID.

Product overview

MAS Consulting offers an integrated suite of four specialized software platforms for the European energy market: QUE MAS Suite (commercial energy engine covering CPQ, portfolio management, credit scoring, and contract management for EE and Gas), IDRO Suite (hydroelectric optimization with AI-powered production optimization, maintenance management, capacity market, and hydraulic simulation), ERGO Suite (modular ETRM for trading with bidding TIDE 2025 and consumption forecasting), and LAGO Suite (gas logistics for settlement, nominations, and contract management). Each suite operates independently or integrates with others through native API connectors, and all modules are fully customizable to client processes. The platforms connect natively with Italian market operators including GME, Terna, SII, SNAM, TSO, and major trading platforms.

Differentiator

Problem solved

Functional benefit

Brands

• QUE MAS: Commercial Energy Engine suite covering the entire EE & Gas commercial cycle: pricing configuration, CPQ, market monitoring, credit scoring, and end-to-end contract management.
• IDRO
• ERGO
• LAGO

Products and services

• QUE MAS Suite
• IDRO Suite
• ERGO Suite
• LAGO Suite

Quantifiable outcome

• 13% average yield increase in hydroelectric production (IDRO Suite)
• +5 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration17 records

AI capability4 records

Feature4 records

Partnerships

Ten partnerships are on record, tiered core.

• GME (Gestore Mercati Energetici)coreTechnology or IntegrationNative API integration with GME platforms for MGP (Day-Ahead Market) and MI (Intraday Market) participation. ERGObid sends bidding offers directly to GME markets.
• TernacoreTechnology or IntegrationIntegration with Terna for Capacity Market operations (via CAMPO module), AGILE portal for maintenance communication (MAIA), and production data exchange.
• SII (Sistema Informativo Integrato)coreTechnology or IntegrationReal-time data integration with SII for metering data, settlement information, consumption forecasts, and portfolio management across all gas and electricity operations.
• SNAMcoreTechnology or IntegrationIntegration with SNAM for gas logistics, settlement, and pipeline capacity management in LAGO Suite.
• TSO (Transmission System Operators)coreTechnology or IntegrationIntegration with Transmission System Operators for gas nominations via Edig@s protocol, capacity management, and system balancing.
• IPEX (Italian Power Exchange)coreTechnology or IntegrationDirect integration with IPEX for market price acquisition in ERMES and ERGObid modules, enabling real-time pricing for portfolio management and bidding.
• PCE (Platform for the Italian Energy Exchange)coreTechnology or IntegrationPCE integration for bilateral trading transactions, allowing ERGObid to manage commercial transactions for dispatching.
• XBIDcoreTechnology or IntegrationIntegration with European intraday cross-border trading platform for continuous intraday market participation.
• CRIFcoreTechnology or IntegrationIntegration with CRIF (Centrale Rischi) for credit scoring and financial reliability assessment of energy customers in QUE RISK module.
• SACEcoreTechnology or IntegrationIntegration with SACE for credit insurance services within QUE RISK module, enabling automated credit check and credit insurance management.

Scale indicators18 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• ION Group (Openlink, Allegro, Brady Technologies): Global ETRM/CTRM leader owning Openlink (Findur), Allegro Development, and Brady Technologies — the dominant platform for energy trading and risk management. Directly competes with MAS Consulting's ERGO Suite (ErGO ETRM) and ERGObid for trading desks and energy management companies globally.
• Eka Software Solutions: Provider of ETRM/CTRM platform covering trading, risk, and post-trade processing for commodities including energy. Direct competitor to MAS Consulting's ERGO Suite for energy trading companies and portfolio managers seeking multi-commodity ETRM capabilities.
• Trayport: European electronic trading platform for energy and environmental markets connecting brokers, exchanges, and traders. Overlaps with MAS Consulting's trading-focused ERGO Suite and ERGObid modules serving European energy trading and broker clients.
• Brady Technologies (ION): Energy trading software specialist focused on European power and gas markets, now part of ION Group. Directly comparable to MAS Consulting's ERGO ETRM and ERGObid modules for European energy trading and dispatch operations.

Emerging players

• Molecule Software: Cloud-native ETRM platform built for modern energy and commodity trading. Competes with MAS Consulting's ERGO Suite among mid-market trading firms seeking modern, cloud-delivered ETRM alternatives to legacy on-premise platforms.

Broad incumbents

• SAP for Utilities (IS-U): SAP's industry solution for utilities covering billing, customer service, and energy data management. Broader than MAS Consulting's QUE MAS Suite but overlaps on commercial energy operations for large multi-utilities.
• Oracle Utilities: Oracle's suite of utility solutions including Customer Care and Billing, Meter Data Management, and Energy Scheduling. Competes with MAS Consulting at larger multi-utilities needing integrated CRM, MDM, and energy operations platforms.
• Siemens Smart Infrastructure: Siemens' portfolio of grid management and energy market software including EnergyIP and Gridscale X. Overlaps with MAS Consulting's IDRO Suite for hydroelectric plant monitoring and grid-facing production optimization.
• Salesforce Energy & Utilities Cloud: Salesforce's industry cloud for energy and utilities covering customer engagement, field service, and asset management. Competes with MAS Consulting on customer-facing commercial operations for energy retailers and multi-utilities.
• GE Vernova Grid Software: GE Vernova's grid management and energy market software suite including PowerOn and GridOS. Adjacent competitor to MAS Consulting's IDRO and ERGO Suites for grid operators, transmission utilities, and large-scale generation asset management.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/mas-consulting

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 MAS Consulting