Perific Technologies

Perific Technologies

Balancing power usage by measuring and collecting real time data of the consumed and produced electricity in all types of properties .

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DateInvestorsAmountRound
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N/A

Late VC
Total Funding000k

Financials

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Revenues, earnings & profits over time
SEK20202021202220232024
Revenues00000000000000000000
% growth-415 %258 %26 %8 %
EBITDA00000000000000000000
Profit00000000000000000000
% profit margin(15 %)24 %23 %22 %16 %
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Company filings or news article

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More about Perific Technologies
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Perific Technologies AB operates as a key player in the Internet of Things (IoT) sector, with a specific focus on addressing Sweden's electricity shortage through intelligent power management. The company was established in 2010, bringing together experts to develop solutions for the challenges in the electricity market. Tomas Öquist is credited as the founder and serves as the company's CTO. Since its inception, Perific has concentrated on developing both the hardware and software necessary for high-resolution energy monitoring and power control.

The business centers on providing independent power management solutions designed to help households and larger properties optimize energy consumption and reduce costs. This is particularly relevant for managing high-consumption devices like electric vehicle (EV) chargers. The company's core products, the Perific Monitor and Monitor One, are devices that track a property's power usage in real-time. These monitors connect to a building's electrical system and communicate data to a user-facing application. The Perific Monitor is a versatile solution compatible with all types of electricity meters, while the Monitor One is designed for easy installation with P1/RJ12 ports. Through the Perific app, clients can monitor their power consumption, schedule EV charging to take advantage of lower electricity prices, and manage their overall energy use to avoid high peak-power fees.

Perific Technologies generates revenue through the sale of its hardware products and associated software licenses. The company serves a broad market, including individual homeowners, tenant-owner associations, and larger real estate portfolios. A significant aspect of their business model involves integrations, ensuring their systems are compatible with a wide range of popular EV chargers, solar panel systems, and heat pumps. The company recently consolidated its branding, phasing out the product name "Enegic" to unify under the parent company name, Perific Technologies, to eliminate confusion.

Keywords: power management, energy monitoring, IoT, smart grid, load balancing, EV charging optimization, electricity shortage solution, real-time energy data, power consumption, smart home technology, Perific Monitor, dynamic power control, renewable energy integration, energy cost reduction, solar power management, tenant-owner associations, smart charging, hardware, software, Sweden

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