# VREY

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

> Enables property owners to deploy solar systems in multi-family buildings and supply electricity directly to tenants.

## About

VREY is a Berlin-based climatetech startup that provides a platform for property owners to install and manage solar systems in multi-family buildings. Their solution allows for the direct supply of generated electricity to tenants without the property owner needing to become a regulated energy supplier. VREY acts as a certified smart metering operator and billing partner, handling the measurement of tenant's share of solar output and managing billing. The platform is designed to operationalize Germany's 'Gemeinschaftliche Gebäudeversorgung' framework, simplifying solar adoption in multi-family housing. In addition to solar, VREY's platform supports the integration of batteries, heat pumps, and EV charging infrastructure, positioning itself as an 'EnergyOS' for multi-family buildings.

## Key facts

- **Slug:** vrey
- **Location:** Berlin, Germany
- **Employees:** 20
- **Operating status:** Active
- **Total funding:** $3M
- **Sectors / tags:** Climate Tech, Energy, Real Estate Technology, Software

## Frequently asked

### What does VREY do?

VREY is a Berlin-based climatetech startup that provides a platform for property owners to install and manage solar systems in multi-family buildings. Their solution allows for the direct supply of generated electricity to tenants without the property owner needing to become a regulated energy supplier. VREY acts as a certified smart metering operator and billing partner, handling the measurement of tenant's share of solar output and managing billing. The platform is designed to operationalize G…

### What is VREY's revenue?

StartupHub estimates VREY's annual revenue at $1.4M (range $751K to $4.7M, 62% confidence), based on comparable companies in the sector.

### What is VREY's valuation?

StartupHub estimates VREY's effective valuation at $13.0M (range $8.3M to $19.8M, 21% confidence), based on comparable companies in the sector.

### How much funding has VREY raised?

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

### Where is VREY headquartered?

VREY is headquartered in Berlin, Germany.

### What industry does VREY operate in?

VREY operates in Climate Tech, Energy, Real Estate Technology, Software.

### How many employees does VREY have?

VREY has approximately 20 people on record.

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