Reonic, a German-based climate tech SaaS company, has successfully secured €13 million in Series A funding. This round was led by Northzone, with participation from existing investors Point Nine and Puzzle Ventures. The funding marks a significant milestone for Reonic, a startup that is empowering renewable energy installers with digital solutions designed to streamline their operations and drive the energy transition forward. Founded in 2021 by Tristan Menzinger, Lars-Manuel Schneider, and Udo Sill, Reonic’s innovative software suite is helping installers across Europe manage the complexities of renewable energy deployment.

Reonic’s Mission and Market Impact

As Europe accelerates its transition to renewable energy sources, the demand for efficient and scalable solutions to facilitate the adoption of sustainable technologies has grown exponentially. Reonic’s mission is to support small and medium-sized enterprises (SMEs) specializing in renewable energy installations by providing an end-to-end software system tailored to their unique needs. This operating system helps installers digitalize their workflows, manage leads, design projects, handle procurement, and oversee billing, all within a single platform.

With over 200,000 installers across Europe, most of whom operate as SMEs, the market for Reonic’s solution is vast. These businesses are essential to the successful implementation of solar, wind, and other renewable energy systems but often lack the digital infrastructure needed to operate efficiently. Reonic’s software fills this gap by offering a streamlined solution that reduces administrative burdens, enhances productivity, and allows installers to focus on growth and innovation.

The Journey and Achievements

Founded in Augsburg, Germany, Reonic was created by its three co-founders while they were still studying industrial engineering. What began as a side project soon evolved into a full-fledged business as the demand for digital tools among renewable energy installers became increasingly apparent. Since its founding, Reonic has attracted over 300 customers, including prominent utility companies in Germany, and has seen substantial growth in its recurring revenue.

The company's recent success is further evidenced by the opening of a second office in Berlin earlier this year, as well as its ambitious plans for European expansion, beginning with France. Reonic’s customer base continues to grow, with clients praising the platform for its ease of use and comprehensive features, positioning it as the solution of choice for installers looking to optimize their processes and expand their operations.

Backing from Northzone and Other Investors

The Series A funding round was led by Northzone, a well-established venture capital firm known for backing high-growth companies in emerging sectors. Commenting on the investment, Northzone Principal Markus Gleim highlighted the critical role Reonic is playing in the energy transition. According to Gleim, Reonic's software not only simplifies the deployment of renewable technologies but also enables significant progress toward a more sustainable future.

Jessica Schultz, Partner at Northzone, further emphasized the importance of Reonic’s innovative platform, stating that the company’s end-to-end software is precisely what installers have been searching for to navigate the complexities of renewable energy projects. The continued backing of investors Point Nine and Puzzle Ventures signals strong confidence in Reonic’s future potential and its ability to lead the market for renewable energy installation software.

Expansion Plans and Vision for the Future

With this fresh injection of capital, Reonic aims to expand its reach across Europe, starting with its launch in France, where installers face similar challenges to those in Germany. Additionally, Reonic plans to enter the commercial solar photovoltaic (PV) market and integrate support for heat pumps and energy storage systems into its software suite. The company is also focused on growing its team, which currently consists of 21 members, as it continues to scale its operations.

Reonic’s long-term vision is to empower renewable energy installers to not only survive but thrive in a rapidly evolving industry. By offering adjacent services in procurement, payment, and financing, the company seeks to provide a comprehensive platform that can meet the diverse needs of its customers, enabling them to grow and compete in an increasingly competitive market.

Reonic’s €13 million Series A funding round is a major step forward in its mission to become the leading software provider for renewable energy installers across Europe. With strong backing from Northzone, Point Nine, and Puzzle Ventures, Reonic is well-positioned to continue its growth, expand into new markets, and drive the energy transition by empowering SMEs with digital tools that streamline operations and accelerate sustainable energy adoption. As the renewable energy sector continues to expand, Reonic’s innovative software solutions will play a crucial role in enabling installers to meet the demands of the future.