Neogrid Technologies
Neogrid Technologies develops PreHEAT, an AI-driven, forecast-based energy management platform that optimizes heating consumption in buildings, primarily serving Danish housing associations, district heating utilities, municipal buildings, and heat pump owners with documented 10-20% energy savings.
- Company typePrivate
- Founded2010
- HeadquartersAalborg, Denmark
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Neogrid Technologies does
Neogrid Technologies ApS is a Danish cleantech company founded in March 2010 in Aalborg by Henrik Lund Stærmose and Per Dahlgaard Pedersen, both former Motorola wireless engineers. The company develops PreHEAT, a self-learning, cloud-based AI energy management platform that optimizes heating consumption in buildings by replacing traditional rule-based heat curves with weather-forecast-driven thermal models. PreHEAT is delivered as a modular platform including PreHEAT for District Heating, PreHEAT for Heat Pumps, PreHEAT Data (standalone high-resolution data collection), and an Aggregator Engine for managing and trading flexibility from heat pump pools on day-ahead and intraday energy markets. The system deploys IoT gateways and sensor hardware at customer sites, communicates through protocols including Modbus, Bacnet, LoRa, and Wireless M-bus, and integrates with incumbent controls (Danfoss ECL 110/210/310) and building management systems.
Neogrid primarily serves Danish social housing associations (boligselskaber), district heating utilities, municipal buildings, commercial office buildings, and heat pump owners, with documented deployments across 300+ heating plants and 15,000+ rental units and reported energy savings of 10-20%. Named customers include DOMEA, Skagen Boligforening, Frederikshavn Boligforening, FOB Slagelse, PFA Ejendomme, AAB, Lejerbo, Himmerland, Alabu, AKB Taastrup, and the Danish Parliament (Folketinget). The company generates revenue through annual subscriptions for the software platform, one-time fees for hardware and installation, and professional services for commissioning, with the Aggregator Engine introducing energy-market-linked revenue potential.
The business remains entirely Denmark-domestic for direct commercial sales, although the company participates in multiple EU-funded research and pilot projects (DomOS, SMARTCE2H, HEAT 4.0, FED, Flexibility Heat Grid Bornholm) and has won industry recognition including Energy Cluster Denmark's Innovation Project of the Year 2023 and the WWF Climate Solver Prize at Nordic Cleantech Open. The company is founder-owned, privately held, and bootstrapped with no disclosed institutional investment.
Neogrid Technologies firmographics
Firmographics- Name
- Neogrid Technologies
- Legal name
- Neogrid Technologies ApS
- Website
- https://neogrid.dk
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Neogrid Technologies develops PreHEAT, an AI-driven, forecast-based energy management platform that optimizes heating consumption in buildings, primarily serving Danish housing associations, district heating utilities, municipal buildings, and heat pump owners with documented 10-20% energy savings.
- Ownership category
- akta.pro rank
Neogrid Technologies industry classification
Industry- Product category
- Building Energy Management Software
- NAICS
- Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512)
- SIC
- Auto Controls For Regulating Residential & Comml Environments (3822)
- akta.pro primary industry
- Smart HVAC Monitoring, Diagnostics & Predictive Maintenance (HSAOANAC)
- akta.pro secondary industries
- Microgrid, DER & Building Electrification Energy Controls (Solar/Storage/EV Load Orchestration) (BPABAGAJ), Residential Demand Response (Smart Thermostats, HVAC, Water Heating, Home Batteries) (EUAFAGAA), Energy Efficiency & Weatherization Retrofit (HSAPAEAF)
Keywords
Where Neogrid Technologies is headquartered
LocationHeadquarters
- HQ city
- Aalborg
- HQ country
- Denmark
- HQ region
- Europe
Offices1 record
Markets served
Neogrid Technologies business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales
Revenue model
- PreHEAT Energy Management System (Subscription/Software): Cloud-based energy management software subscription for building heating optimization. Includes IoT gateway hardware, installation, monitoring dashboard, and ongoing software support. Sold primarily to housing associations, district heating plants, and commercial buildings. Revenue is recurring from subscriptions as well as one-time hardware/installation fees.
- Installation and Professional Services: Installation of PreHEAT hardware (IoT gateway, sensors, motor-controlled valves) in existing heating systems. Professional services for configuration, commissioning, and integration with existing ECL/CTE systems. Travel time billed at standard rates plus kilometers.
- PreHEAT Data (Standalone Data Collection): Standalone data collection solutions sold independently of full energy management. Data as a service with real-time monitoring, high-resolution data, and API access.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | PreHEAT for Housing Associations (multi-unit residential) |
| Subscription | Annual | PreHEAT for Heat Pumps (individual residential) |
| Subscription | Annual | PreHEAT Data (Standalone Data Collection) |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels6 records
Neogrid Technologies product offering
Product offeringCore offering
Neogrid Technologies develops PreHEAT, an intelligent, AI-driven, self-learning, forecast-based energy management system that optimizes building heating consumption. It combines hyper-local weather forecasts with a building-specific thermal model to replace traditional rule-based heat curves, serving housing associations, district heating plants, municipalities, commercial offices, and heat pump owners. Solutions are tailored for district heating, heat pumps, and aggregated pool/load control across building portfolios.
Product overview
Neogrid Technologies offers PreHEAT, a modular intelligent energy management platform for controlling building heating consumption. The core PreHEAT system is an AI-driven, self-learning, forecast-based energy management solution that replaces traditional heating curves with data-driven AI. It combines weather forecasts with building thermal models to optimize heating delivery. The platform includes specialized modules: PreHEAT for District Heating (PreHEAT til fjernvarme) and PreHEAT for Heat Pumps (PreHEAT til varmepumper), both sharing the same AI-powered forecasting engine. The Aggregeret puljestyring (Aggregator Engine) extends the platform to manage large pools of heat pumps for energy market participation. PreHEAT Data adds systematic, high-resolution data collection and monitoring for buildings. Supporting sub-features include the PreHEAT Dashboard for real-time monitoring, PreHEAT Anti Legionella for hot water safety, and PreHEAT Smart Autotuning for automatic supply temperature optimization. All modules share a common cloud platform accessed via IoT gateway and mobile app.
Differentiator
Problem solved
Functional benefit
Brands
- PreHEAT: Intelligent, self-learning forecast-based energy management system for buildings' heat consumption, providing energy savings through weather-prognosis-based heating control automation.
Products and services
- PreHEAT (core energy management system) AI-driven, self-learning, forecast-based energy management system that combines hyper-local weather forecasts with building-specific thermal models to optimize heating consumption. Replaces traditional rule-based heat curves with data-driven AI for housing associations, district heating plants, municipalities, offices, and heat pump owners.
- PreHEAT til fjernvarme (District Heating) PreHEAT variant tailored for district heating utilities and connected buildings; provides AI-based control to reduce heat consumption and support grid balancing in district heating networks.
- PreHEAT til varmepumper (Heat Pumps) PreHEAT variant optimized for heat pump installations; applies the same self-learning forecast model to maximize heat pump efficiency and reduce electricity consumption for individual property owners.
- Aggregeret puljestyring (Aggregator Engine) Aggregator-level pool control module that coordinates PreHEAT across many buildings for district heating utilities, enabling portfolio-level load shifting and demand response.
- PreHEAT Data Data product layered on PreHEAT that exposes building and consumption data for reporting, analytics, and integration.
- PreHEAT Mobile App Mobile application that allows end users to monitor and interact with their PreHEAT-optimized heating installation, providing visibility into consumption and indoor climate.
Quantifiable outcome
- 10-20% energy savings on total district heating consumption for heat and hot water
- +8 more outcomes
Companies that use Neogrid Technologies
Customer profileNamed customers11 records
Segments5 records
Ideal customer profiles4 records
Neogrid Technologies technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration9 records
AI capability5 records
Feature7 records
Neogrid Technologies partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered minor and core.
- DigitalLeadminorDigitalLead is a Danish partnership between DI, DigitalLead, KL, and KOMBIT A/S focused on strengthening knowledge of high-tech solutions for climate action. Neogrid participates in meet-ups for municipalities, companies, and public organizations, presenting intelligent energy management solutions.
- Flexibility Heat Grid Bornholm ConsortiumcoreProject to reduce energy production and consumption in district heating networks and reduce heat loss through intelligent district heating control. Neogrid acts as technology provider contributing knowledge of intelligent and flexible heating control. Project in Listed, Bornholm with Beof, DTU, Utiligize, and Energy Cluster Denmark. Won Energy Cluster Denmark's Innovation Project of the Year 2023.
- DomOS (H2020) ConsortiumcoreDomOS (Operating System for Smart Services in Buildings) is an EU Horizon 2020 project developing an open secure multi-service IoT ecosystem for smart buildings. Neogrid delivers its PreHEAT-based control and data collection platform for building heating optimization. Neogrid is also responsible for driving the Aalborg demonstration site. Funded by EU Horizon 2020, Grant Agreement No. 894240. Partners include University of Applied Sciences (HESSO), AAU, CSEM, FENIX TNT, EDF, Aliunid, Suntherm, Oiken, Inea, Aalborg Forsyning.
- Flexible Energy Denmark (FED) ConsortiumcoreFED is a digitalization project to make Danish electricity consumption flexible and enable utilization of surplus wind and solar power. Neogrid contributes PreHEAT for operational optimization of apartment complexes and single-family homes, and works on how this solution can contribute flexibility to the supply grid. Partners include AAB, Center Danmark, Centrica Energy Trading, AAU CISS, AAU Daisy, Danfoss, DTU, EMD International, and 20+ other organizations. Funded by Innovation Fund Denmark.
- SMARTCE2H ConsortiumcoreSMARTCE2H project demonstrating intelligent heat pump installation with compact salt hydrate storage in district heating. Neogrid contributes intelligent heating control knowledge and its PreHEAT solution. Project with Energibyen Skive, AAU, and Suntherm, funded by EUDP. The new heat pump technology developed in this project won the WWF Climate Solver award.
- HEAT 4.0 ConsortiumcoreHEAT 4.0 project developing the HEATman digital platform for district heating optimization across different hardware and software vendors. Neogrid contributes software for demand optimization and building-level control. Partners include NIRAS, Danish District Heating Association, Brønderslev Forsyning, Trefor Varme, Hillerød Varme, Danfoss, Logstor, Kamstrup, EMD International, Enfor, NorthQ, Leanheat, Tomorrow, DTU, and Aarhus University. Funded by Innovation Fund Denmark Grand Solution.
- COWI A/ScoreCOWI acted as advisor to DOMEA (Gadehavegård) and conducted a Nordic market screening for intelligent energy management solutions. After evaluating available options, COWI selected Neogrid Technologies with PreHEAT as the preferred vendor based on reference projects and the PreHEAT Cloud Platform functionality.
- Aalborg Universitet (AAU)coreLong-standing research partnership with Aalborg University across multiple projects including DomOS, SMARTCE2H, CITIES, FED, and others. Neogrid participates in joint research projects and employs AAU students and interns.
- DanfosscoreDanfoss is a key technology partner and integration target. PreHEAT is designed to work with Danfoss ECL (110, 210, 310) weather compensation controls. Danfoss also participates as a consortium partner in FED and HEAT 4.0 projects.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
Neogrid Technologies competitors and assessment
Company assessmentRegional players
- Kamstrup: Danish-based supplier of smart metering and energy management solutions for district heating, electricity, and water utilities. A HEAT 4.0 consortium partner with Neogrid; comparable in Danish district heating and energy data focus, but focused on metering infrastructure rather than AI optimization.
Emerging players
- Switch Automation: Building analytics and energy management platform using real-time data to optimize building performance. Comparable in data-driven building analytics and HVAC optimization, though serving commercial real estate globally.
- EnergyHub: Demand response and distributed energy resource management platform that aggregates residential and small commercial flexible loads, including thermostats and heat pumps. Comparable to Neogrid's Aggregator Engine product in pooling distributed heating assets for grid flexibility.
Broad incumbents
- Danfoss: Largest incumbent in district heating controls (ECL 110/210/310) and a Neogrid technology partner. Danfoss (now owning Leanheat) is the dominant hardware/controller supplier that Neogrid integrates with and competes against for AI-driven optimization.
- ABB Ability Energy Manager: Large incumbent offering cloud-based energy and asset management software for commercial and industrial buildings. Comparable in cloud-based energy monitoring and optimization, though part of a much broader industrial automation portfolio.
Direct peers
- BrainBox AI: AI-driven building energy optimization platform that uses deep learning and weather forecasting to optimize HVAC in commercial buildings. Comparable in AI-first heating/HVAC control proposition, though focused more on commercial CRE than social housing.
- GridPoint: Building energy management and demand response platform using submetering, IoT, and analytics to optimize HVAC and lighting. Comparable in IoT-driven building energy optimization, though larger and more U.S.-focused.
- BuildingIQ: AI-powered energy management software for HVAC in mid-market and enterprise commercial buildings. Comparable in continuous commissioning and predictive optimization, though U.S./APAC focused and serving larger commercial portfolios.
- Leanheat (Danfoss Leanheat): Direct peer offering AI-based heating optimization for residential buildings and district heating, originally a Finnish startup acquired by Danfoss. Directly comparable to Neogrid's PreHEAT for District Heating module in product, target market, and AI-led optimization approach.
- 75F: Cloud-based building management and HVAC optimization using IoT sensors, AI, and weather data for commercial buildings. Closely comparable in cloud-IoT architecture and predictive HVAC control, though predominantly focused on North American commercial real estate.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Neogrid Technologies social profiles
Digital presenceNeogrid Technologies financial estimates
Financial estimateRevenue estimate
Valuation estimate
Neogrid Technologies leadership team
Management profileNumber of profiles
Profiles8 records
Neogrid Technologies funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Neogrid Technologies 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 Neogrid Technologies
What does Neogrid Technologies do?
Neogrid Technologies develops PreHEAT, an intelligent, AI-driven, self-learning, forecast-based energy management system that optimizes building heating consumption. It combines hyper-local weather forecasts with a building-specific thermal model to replace traditional rule-based heat curves, serving housing associations, district heating plants, municipalities, commercial offices, and heat pump owners. Solutions are tailored for district heating, heat pumps, and aggregated pool/load control across building portfolios.
Is Neogrid Technologies a public or private company?
Neogrid Technologies is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Neogrid Technologies founded?
Neogrid Technologies was founded in 2010. It employs 1 to 10 people.
Where is Neogrid Technologies based?
Neogrid Technologies is headquartered in Aalborg, Denmark, in the Europe region.
How does Neogrid Technologies make money?
Three revenue lines are on record. PreHEAT Energy Management System (Subscription/Software) is the primary driver. The others are installation and Professional Services and preHEAT Data (Standalone Data Collection).
Who are Neogrid Technologies's main competitors?
Kamstrup is listed as a regional player. Emerging players are Switch Automation and EnergyHub. Broad incumbents are Danfoss and ABB Ability Energy Manager. Direct peers are BrainBox AI, GridPoint, BuildingIQ, Leanheat (Danfoss Leanheat) and 75F.
Does Neogrid Technologies have an API?
Yes. Neogrid offers a public API that enables developers to access building data for advanced modeling and control. The cloud system is interacted with via a secure MQTT connection with mutual authentication over TCP/IP. The API also supports wrappers in Python and Matlab for easier integration without requiring deep knowledge of the web API. The PreHEAT system supports Modbus (TCP/IP and RS485), Bacnet (TCP/IP), wireless IoT sensors with Wireless Mbus, LoRa, and FTP data import, and provides API-based data access for advanced analytics and online control of heating and ventilation systems. Developer documentation is at neogrid-technologies.gitlab.io/neogrid-api.
What industry is Neogrid Technologies in?
Neogrid Technologies's product category is Building Energy Management Software. Its primary akta.pro industry code is HSAOANAC, Smart HVAC Monitoring, Diagnostics & Predictive Maintenance, with a secondary code of BPABAGAJ, Microgrid, DER & Building Electrification Energy Controls (Solar/Storage/EV Load Orchestration). Its NAICS code is 334512 and its SIC code is 3822.