Insights

Global expansion Piclo is actively scaling across the US, Europe, and Australia with recent launches in California and New York, plus Massachusetts expansion, presenting opportunities to partner with regional utilities and grid operators in newly served markets.

Large buyers network The platform already connects major buyers such as NESO, National Grid, SP Energy Networks, Northern Powergrid, E-Distribuzione, E-Redes, and Powercor, indicating strong upsell potential to additional utilities, retailers, and TSO/DSO entities seeking flexible asset procurement.

Asset crowding With over 250 flex sellers and 40+ GW of flexible capacity and 3+ GW contracted, there is clear room to expand seller onboarding, including EV operators, battery fleets, DER aggregators, and regional aggregators seeking market access.

Strategic partnerships Recent integrations and partnerships with Plexigrid, Smarter Grid Solutions, and E-REDES indicate a trend toward DERMS and AI analytics-enabled market access, suggesting sales opportunities around platform integrations and co-delivered solutions.

Platform consolidation The launch of Piclo-wide and unified marketplace aims to consolidate energy markets, presenting cross-market selling opportunities for providers seeking streamlined access, as well as multi-market telemetry, settlements, and compliance services.

Similar companies to Piclo

Piclo Tech Stack

Piclo uses 8 technology products and services including Linkedin Insight Tag, Amazon Web Services, GitHub, and more. Explore Piclo's tech stack below.

Media & News

Piclo's Email Address Formats

Piclo uses at least 2 email formats:
Piclo Email FormatsExamplePercentage
First.Last@openutility.comJohn.Doe@openutility.com
73%
First@openutility.comJohn@openutility.com
27%

Frequently Asked Questions

What is Piclo's official website and social media links?

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Piclo's official website is piclo.com and has social profiles on LinkedIn and Crunchbase.

How much revenue does Piclo generate?

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As of August 2026, Piclo's annual revenue is estimated to be $1M - $10M.

What is Piclo's NAICS code?

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Piclo's NAICS code is 5416 - Management, Scientific, and Technical Consulting Services.

How many employees does Piclo have currently?

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As of August 2026, Piclo has approximately 25 employees across 3 continents, including Europe, North America and Asia. Key team members include Ceo And Co-Founder: J. J., Chief Financial Officer: M. C. and Head Of Cyber Security: R. Ó. Explore Piclo's employee directory with LeadIQ.

What industry does Piclo belong to?

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Piclo operates in the Services for Renewable Energy industry.

What technology does Piclo use?

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Piclo's tech stack includes Linkedin Insight Tag, Amazon Web Services, GitHub, PostgreSQL, Zapier, HubSpot, Webflow and Greenhouse.

What is Piclo's email format?

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Piclo's email format typically follows the pattern of First.Last@openutility.com. Find more Piclo email formats with LeadIQ.

How much funding has Piclo raised to date?

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As of August 2026, Piclo has raised $21M in funding. The last funding round occurred on Aug 20, 2024.

When was Piclo founded?

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Piclo was founded in 2013.
Piclo logo

Piclo

Services for Renewable EnergyEngland, United Kingdom11-50 Employees

Piclo operates an independent marketplace for energy flexibility, linking providers of flexible assets with buyers across multiple markets. The platform helps sellers—from EV and battery operators to distributed energy resource aggregators—maximize value by accessing a broad range of opportunities, while buyers such as utilities, system operators, and energy retailers gain access to a vetted pool of flex suppliers and a streamlined process to procure, operate, and settle flexibility services.
Based in London, England, Piclo serves customers across the United States, Europe, and Australia. The platform has attracted more than 250 flex sellers, including Octopus Energy, Enel X, and Sunrun, with over 350,000 assets representing more than 40 GW of flexible capacity, and it has enabled over 3 GW in flexibility contracts and more than $100 million in value. A notable recent development is Piclo's expanded partnership with E-Redes in Portugal as part of the FIRMe project.

Section iconCompany Overview

Website
piclo.com
NAICS Code
5416 - Management, Scientific, and Technical Consulting Services
Founded
2013
Employees
11-50

Section iconFunding & Financials

  • $21M

    Piclo has raised a total of $21M of funding over 12 rounds. Their latest funding round was raised on Aug 20, 2024 as a Venture Round.

  • $1M - $10M

    Piclo's revenue is estimated to be in the range of $1M - $10M

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