About Modo Energy
Company Overview
Modo Energy, a privately held company
HeadquartersLondon, United Kingdom
Founded2019
SizeApproximately 40 employees globally (source: pitchbook.com). Estimated revenue of $14.7 million (source: zoominfo.com).
What They Do
Modo Energy is a software and market-intelligence company specializing in data, forecasting, and benchmarking tools tailored for energy-market participants, with a strong focus on battery storage, solar, wind, and flexible power assets (source: modoenergy.com). Their AI-powered platform, featuring the AI analyst Ko, integrates market data, forecasts, research, and regulated benchmarks into a unified environment designed to support bankable decision-making for energy and infrastructure teams (source: modoenergy.com). Core use cases include project finance, investment diligence, operational strategy, and asset valuation across the electrification sector, serving a broad customer base of investors, developers, lenders, owners, operators, and traders globally (source: linkedin.com). The company differentiates itself through its combination of FCA-regulated benchmarking, bankable revenue forecasts, analyst research, and AI-driven insights within a single product suite (source: modoenergy.com).
Projects & Track Record
Modo Energy has established a strong track record in delivering analytics platforms for grid-scale battery energy storage systems, notably launching its platform in Australia and selecting Sydney as its Asia Pacific headquarters following expansion into the U.S. market (source: nsw.gov.au). Its platform covers market intelligence for battery storage, solar, and wind assets, providing regulated benchmarks, revenue forecasts, analyst insights, downloadable data, and educational resources specifically tailored to the battery energy storage system (BESS) sector (source: modoenergy.com). The company’s AI Analyst, launched in January 2026, enhances its ability to deliver actionable insights and valuation support for renewable energy assets (source: modoenergy.com).
Recent Developments
In 2025, Modo Energy announced a $30 million Series B funding round led by Molten Ventures with participation from ETF Partners, MMC Ventures, and Fred. Olsen Limited, marking a significant milestone in its growth trajectory (source: modoenergy.com). The same year, it secured an additional $17 million growth funding package from CIBC Innovation Banking, bringing total funding raised to $52 million (source: innovationbanking.cibc.com). The company expanded its international footprint by establishing a presence in Australia with Sydney as its Asia Pacific hub and continued growth in the U.S. market (source: nsw.gov.au). The launch of its AI Analyst in January 2026 and a documentary about Britain turning off wind farms in April 2026 highlight its ongoing innovation and thought leadership in the renewable energy sector (source: modoenergy.com).
Working There
Modo Energy hires across diverse functions including product development, research, analytics, commercial, and operational roles, reflecting its data science, market research, software development, sales, and client-facing analysis needs (source: modoenergy.com). The company fosters a high-performance, selective culture emphasizing strong judgment, directness, coachability, and disciplined hiring practices (source: modoenergy.com). With offices in London, New York, Madrid, and Sydney, Modo Energy operates as a remote-capable, internationally distributed organization, supporting collaboration across multiple continents and regional entities (source: modoenergy.com).
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