RIZM

What RIZM does

RIZM Energy (legal entity Kerith GmbH) is a Münster-based industrial software company founded in 2019 that builds an AI-powered energy optimization platform, branded as "Energy OS," for large industrial enterprises. The platform is anchored by a Digital Twin of a facility's energy infrastructure and includes four cooperating modules: Decision Hub (multi-year strategic investment planning across 10-20 year horizons), Operation Hub (real-time operational optimization at 15-minute intervals across Day-Ahead, Intraday, and balancing power markets), Portfolio Manager (energy procurement with Mark-to-Market and Value at Risk analytics), and Production Scheduling (an energy-cost-optimized production planning add-on integrating with SAP/ERP). The proprietary algoRIZM optimization engine, developed through research at RWTH Aachen, Stanford University, and ETH Zurich, solves the "chicken-and-egg" interdependence problem across multiple energy carriers (electricity, gas, heat, cooling, compressed air, steam) — a technical capability that traditional scenario-comparison tools in the market cannot replicate.

RIZM's customer base is concentrated in large European industrial enterprises: it is deployed at more than 10% of DAX-40 companies across 11 countries with 147 plants implemented as digital twins. Named customers include BMW Group (with a publicly cited savings projection in the high three-digit million EUR range by 2030), Mercedes-Benz, Volkswagen, ZF, Daimler Truck, Continental, Schaeffler, B/S/H, Bosch, Currenta, Boehringer Ingelheim, Covestro, Smurfit Kappa, Infineum, and Swiss Steel Group, spanning automotive, chemicals, steel, and paper verticals.

The company operates a sales-led enterprise go-to-market with demo booking, industry event presence, and a 4-6 week implementation cycle. Revenue is generated through a SaaS subscription model for the Energy OS platform plus implementation services for data integration, model building, and go-live. The company rebranded from Kerith to RIZM in May 2024, raised a seed round in March 2023 from Point Nine Capital and Earlybird Venture Capital, holds TISAX and ISO 27001 certifications, and has begun a North America go-to-market motion through a dedicated sales hire.

Name

RIZM

Legal name

Kerith GmbH

Website

https://rizm.de

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

RIZM Energy builds an AI-powered Energy OS platform that optimizes multi-carrier energy decisions for large industrial enterprises, anchored by a digital twin and four optimization modules (Decision Hub, Operation Hub, Portfolio Manager, Production Scheduling). The platform is deployed at more than 10% of DAX-40 companies across 11 countries, serving automotive, chemical, steel, and paper majors.

Ownership category

akta.pro rank

Product category

Industrial Energy Optimization Software

NAICS

Computer Systems Design Services (541512), Computer Systems Design and Related Services (54151), Custom Computer Programming Services (541511)

SIC

Services-Computer Integrated Systems Design (7373), Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

Microgrid Controllers, Energy Management & DER Orchestration (MGC, SCADA, Optimization) (EUAFAJAH)

akta.pro secondary industry

EMS / SCADA / DERMS Controls Integration for Storage (EUAEAEAG)

Keywords

• Energy optimization software
• Industrial energy management
• Energy portfolio management
• Digital twin energy
• AI energy optimization

Headquarters

HQ city

Münster

HQ country

Germany

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Software Platform Subscription: RIZM provides an AI-powered energy optimization software platform as a subscription service. The Energy OS platform includes modules for Digital Twin, Decision Hub, Operation Hub, Portfolio Manager, and Production Scheduling.
2. Implementation Services: Implementation services including data integration, model building, validation, and go-live support. Typical implementation takes 4-6 weeks.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

RIZM provides an AI-driven Energy OS software platform that integrates data from production, energy procurement, and infrastructure to holistically optimize energy system designs, procurement decisions, control of energy assets, and production planning for industrial enterprises. The platform combines a Digital Twin foundation with intelligence modules (Decision Hub, Operation Hub, Portfolio Manager, Production Scheduling) and is sold as a subscription with implementation services.

Product overview

RIZM offers an Energy OS platform architecture consisting of a Digital Twin foundation layer and four harmonically cooperating intelligence modules: Decision Hub (strategic investment planning), Operation Hub (real-time operational optimization), Portfolio Manager (energy procurement and risk management), and Production Scheduling (energy cost-optimized production planning). Customers can start with the Digital Twin and expand to additional modules. The platform integrates data across production, infrastructure, and procurement to enable AI-driven optimization of energy system designs, procurement, control, and production decisions.

Differentiator

Problem solved

Functional benefit

Products and services

• Digital Twin Digital replica of a facility's energy infrastructure with live data connections providing information on procurement, infrastructure, and consumption. Supports all energy carriers (electricity, gas, heat, cooling, compressed air, steam) and serves as the foundation layer for all other RIZM modules. Targeted at industrial enterprises managing complex multi-carrier energy systems.
• Decision Hub Strategic investment planning module for industrial energy systems that quantifies hidden potentials, optimizes timing and sizing of investments across all energy carriers over 10-20 year horizons, and identifies the most cost-effective path to climate neutrality considering asset lifecycles and market developments.
• Operation Hub Real-time energy optimization module that operates energy infrastructure to buy energy when it is green and affordable, integrating Day-Ahead, Intraday, and balancing energy markets. Operates in 15-minute intervals and supports both human-in-the-loop and fully automated modes via Edge Controller for industrial enterprises.
• Portfolio Manager Data-driven energy portfolio management module that optimizes hedging strategy, provides deal recommendations, budget forecasting, invoice verification, and plant-level cost allocation. Includes professional risk management with Mark-to-Market (MtM) and Value at Risk (VaR) calculations and a machine-readable API for BI integration.
• Production Scheduling Energy cost-optimized production planning module that shifts production orders to favorable electricity price windows using hourly price forecasts, avoids load peaks, and integrates directly with SAP and other ERP systems via standardized interfaces. Targeted at manufacturers with batch production processes.

Quantifiable outcome

• BMW Group achieves CAPEX and OPEX budget reduction in the high three-digit million EUR range by 2030
• +3 more outcomes

Named customers15 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

AI capability5 records

Feature7 records

Partnerships

Four partnerships are on record, tiered foundational and minor.

• RWTH Aachen UniversityfoundationalStrategic or Co-development PartnerResearch partner from which RIZM was spun out. The algorithms were developed in collaboration with research teams from RWTH Aachen, ETH Zurich, and Stanford University.
• Stanford UniversityfoundationalStrategic or Co-development PartnerResearch partner from which RIZM was spun out. CEO Elias Küpper researched at Stanford University on why the transition to a volatile energy world can only succeed with data-driven approaches.
• ETH ZurichfoundationalStrategic or Co-development PartnerResearch partner involved in the development of RIZM's modular toolset for industry planning decisions and operations.
• Rocket & WinkminorOthersBranding agency that accompanied RIZM's brand transformation from Kerith to RIZM.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Market position

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/rizm-energy

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 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 RIZM