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Itineris
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Short description

Provider of energy efficiency solutions to utility companies

Founded in 2003
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector energy services

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Belgium Deurle, Belgium
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Updated by Cleantech Group on 07/30/2021

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Date Company

Delta Netwerkgroep Delta Netwerkgroep

Delta Netwerkgroep has implemented Itineris' UMAX platform.

Confirmed by Delta Netwerkgroep

Partnerships
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Date Partner Type
05/06/2014
US Gas & Electric US Gas & Electric
Itineris and U.S. Gas & Electric are announcing a strategic relationship to help prepare the energy retailer’s information systems for its aggressive growth objectives in the years ahead.
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Confirmed by US Gas & Electric
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Investment Rounds
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IPO INFORMATION

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Description

Date Investors Type Amount
01/25/2017 Gimv Gimv , ParticipatieMaatschappij Vlaanderen (PMV) ParticipatieMaatschappij Vlaanderen (PMV) , Edgard Vermeersch Edgard Vermeersch (3)
Post-money valuation of
Gimv and Gimv managed Gimv Arkiv Tech Fund II jointly invest EUR 7.8 million in Itineris, next to other existing investors PMV and CEO-founder Edgard Vermeersch. The funds will be used to further support and accelerate Itineris’ international growth.
Growth Equity $11,015,265
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Products
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Product image Name Product status Revenue model Cost metrics

Microsoft Dynamics CRM

A CRM tool to gather customer data that sits alongside Microsoft Office and Microsoft Office Outlook.

Wide Commercial Availability Products - Retail
$/kW (current)
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$/kWh (current)
$/kWh (projected)
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