About 1KOMMA5°
Company Overview
1KOMMA5° GmbH
HeadquartersHamburg, Germany
Founded2021
SizeApproximately 2,500 employees worldwide (source: growjo.com). Revenue of 520 million euros in 2024 (source: startupcity.hamburg).
What They Do
1KOMMA5° is a Hamburg-based cleantech startup focused on accelerating the transition to carbon-neutral energy for households. This is achieved through the acquisition of electrical installation companies and the development of proprietary software. The company's core technology is the Heartbeat AI platform, which integrates photovoltaic systems, energy storage, heat pumps, and electric vehicle charging stations into Europe's largest virtual power plant. This platform optimizes operations through IoT connectivity and AI-driven planning, resulting in significant cost reductions in energy supply (source: tech.eu).
Projects & Track Record
By the end of 2023, 1KOMMA5° had installed over 170,000 energy systems, including the acquisition and integration of the Danish market leader Viasol. These projects enable the provision of photovoltaic systems, storage solutions, heat pumps, and charging infrastructure in residential areas. The company plans to increase the number of Heartbeat connections from 10,000 in 2023 to 40,000 in 2024, significantly enhancing the reach and efficiency of its services (source: tech.eu).
Recent Developments
In the past two years, 1KOMMA5° secured an oversubscribed Series B funding round of 215 million euros, making the company a unicorn with a valuation of 1 billion dollars. In 2024, a revenue of 520 million euros was announced, representing a doubling of revenue compared to the previous year. Recent initiatives also include the establishment of Heartbeat GmbH, which focuses on further developing the Heartbeat AI platform (source: startupcity.hamburg).
Working There
1KOMMA5° offers a variety of roles in sales and installation through acquired craft companies, as well as software development for the Heartbeat AI platform. The company has a culture based on transparency and trust, fostering an environment that supports rapid growth and innovation. Employees are encouraged to actively participate in shaping and improving services (source: 1komma5.com).
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