Elyos Energy

Elyos Energy, previously known as Prasinus Energy and Open Energy, operates out of London, England, and serves clients across the United Kingdom and Europe. With a compact team of five members, the company emerged from the Y-Combinator S23 batch. Elyos Energy is positioned within the industrials sector, focusing specifically on climate-related solutions. The company offers a SaaS platform tailored for large commercial buildings, enabling them to manage and reduce their energy consumption during peak demand hours effectively. This platform integrates with smart thermostats, HVAC systems, batteries, and EV chargers to automate consumption reduction, which can lead to a 15% savings on electricity bills and a 7% reduction in CO2 emissions by shifting 10% of peak time consumption. Elyos Energy provides various products including energy visualization, optimization, flexibility, and demand response tools. These products facilitate the connection of distributed energy resources, allowing for comprehensive visibility and management of energy usage across multiple sites. Additionally, the company automates schedules to support the decarbonization of commercial building portfolios and participates in demand response programs to enhance grid flexibility and secure financial benefits. The founding team comprises experts from notable organizations such as OVO Energy, Bulb Energy, Rolls-Royce, and Boston Consulting Group, bringing a wealth of industry knowledge to the enterprise.