# SnerpaPower

**Source:** https://www.startuphub.ai/startups/snerpapower
**Profile type:** Startup

> AI-powered energy management software for power-intensive industries, optimizing electricity consumption and market participation.

## About

SnerpaPower provides intelligent energy solutions for power-intensive industries like data centers, aluminum smelters, and hydrogen producers. Their deep-tech SaaS platform offers automated load forecasts, real-time risk management, and bid generation for balancing services, enabling customers to optimize electricity consumption, reduce costs, and maximize profit while contributing to a net-zero energy system. SnerpaPower acts as an independent provider, focusing on security and leveraging unique datasets to drive efficiency and sustainability for its clients.

## Key facts

- **Slug:** snerpapower
- **Website:** https://snerpapower.com
- **Location:** Reykjavik, Iceland
- **Founded:** 2022-01-01
- **Operating status:** Active
- **Total funding:** $3M
- **Sectors / tags:** Energy Management, Artificial Intelligence, Deep Tech, Industrial Software, Clean Energy, Smart Grid, AI-Driven Grid Balancing, Industrial Automation, Predictive Maintenance, Machine Learning

## Frequently asked

### What does SnerpaPower do?

SnerpaPower provides intelligent energy solutions for power-intensive industries like data centers, aluminum smelters, and hydrogen producers. Their deep-tech SaaS platform offers automated load forecasts, real-time risk management, and bid generation for balancing services, enabling customers to optimize electricity consumption, reduce costs, and maximize profit while contributing to a net-zero energy system. SnerpaPower acts as an independent provider, focusing on security and leveraging uniqu…

### Is SnerpaPower trustworthy and reputable?

StartupHub's Data Trust & Reputation score for SnerpaPower is 60 out of 100, based on site security posture and privacy practices.

### What is SnerpaPower's valuation?

StartupHub estimates SnerpaPower's effective valuation at $12.1M (range $8.1M to $19.4M, 22% confidence), based on comparable companies in the sector.

### How much funding has SnerpaPower raised?

SnerpaPower has raised a total of $3M in funding. The most recent round on record is Seed.

### Where is SnerpaPower headquartered?

SnerpaPower is headquartered in Reykjavik, Iceland.

### When was SnerpaPower founded?

SnerpaPower was founded in 2022.

### What industry does SnerpaPower operate in?

SnerpaPower operates in Energy Management, Artificial Intelligence, Deep Tech, Industrial Software, Clean Energy, Smart Grid.

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