Elvy
Stockholm area, Sweden · est. 2023 · website ↗
Registered as Elvy AB
Elvy is building the energy company that should have existed already. We design, finance, install, and operate distributed energy systems that cut costs, slash emissions, and actually work in the real world. No hype. No science projects. Just infrastructure that turns buildings into energy assets and makes clean power a clear economic win. We move fast, take ownership end to end, and obsess over execution.
SurvivalStrongRunway ~20 mo
CapitalSeed
SectorFintech
Age3 years est. 2023
FitChaos
BuildingFrontend
LanguageEnglish + Swedish
Filed financials
Filed with a public registryFiled with Bolagsverket. The legal entity, not the group.
| Fiscal year | Revenue | Result | Employees | Cash | Equity | Total assets | Flags |
|---|---|---|---|---|---|---|---|
| FY2024 | 11 MSEK | -8.8 MSEK | - | 15 MSEK | 20 MSEK | 28 MSEK | None |
| FY2023 | 0.1 MSEK | -1.7 MSEK | - | 2.0 MSEK | 1.9 MSEK | 2.4 MSEK | None |
Open roles right now (10)
Open when I last checked.
- Frontend Engineerposted · via Arbetsformedlingen
- Operations Engineer / Coordinatorposted · via their Teamtailor careers site
- AI Engineerposted · via their Teamtailor careers site
- Backend Engineerposted · via their Teamtailor careers site
- Data Scientistposted · via their Teamtailor careers site
- Energy Markets Engineerposted · via their Teamtailor careers site
- Frontend Engineerposted · via their Teamtailor careers site
- GTM Engineerposted · via their Teamtailor careers site
- Senior Engineerposted · via their Teamtailor careers site
- Versatile Frontend, Backend engineersposted · via their Teamtailor careers site
Other roles right now (6)
Titles that do not read as software.
- Customer Success Leadposted · via their Teamtailor careers site
- Energirådgivareposted · via their Teamtailor careers site
- Finance Associateposted · via their Teamtailor careers site
- Ops Koordinatorposted · via their Teamtailor careers site
- Ops Leadposted · via their Teamtailor careers site
- Senior Ops Koordinatorposted · via their Teamtailor careers site
Stack, from their job ads
From Elvy’s own job ads, so only the part it is hiring for.
Languages
Infrastructure
Registered business activity (SNI)
Filed with a public registryStandard industry classification codes as filed with Bolagsverket.
Värme- och sanitetsarbetenElinstallationerDataprogrammering
Everything I could know about Elvy
A blank is a gap in my coverage.
Company health
Filed with a public registry- SurvivalRunway ~20 moLoss-making in its latest filed accounts (FY2024). cash 15 MSEK, loss 8.8 MSEK over the year (0.7 MSEK/month), revenue 11 MSEK, revenue growth 13140%. Cash divided by that burn is ~20 months of runway. Filed facts, but the burn is the accounting result rather than true cash flow, and a funding round raised since the filing date does not show here yet.
- Age3 years oldFounded 2023, 3 years ago.
- CapitalSeedSelf-reported to the startup directory.
- Distress flagsNo data for this company yet
- Growth2 filed years, see aboveFiled revenue FY2023 85 KSEK to FY2024 11,258 KSEK, across 2 filed years.
What you'd build and work with
Read from their job ads- Building (problem type)FrontendFrontend (3), Data/ML (2), Backend (1), Fullstack (1): 7 postings classified from title/description keywords, not ML.
- StackPython9FastAPI7GCP7React7CSS6Docker6TypeScript4Next.js3SQL2Tailwind2AWS1Claude1HubSpot1Jira1Pandas1PostgreSQL1PyTorch1Salesforce1scikit-learn1TensorFlow1Terraform1Python (9), FastAPI (7), GCP (7), React (7), CSS (6), Docker (6), TypeScript (4), Next.js (3), SQL (2), Tailwind (2), AWS (1), Claude (1), HubSpot (1), Jira (1), Pandas (1), PostgreSQL (1), PyTorch (1), Salesforce (1), scikit-learn (1), TensorFlow (1), Terraform (1), counted over the postings whose text I hold.
- Role shapeNo data for this company yet
- SectorFintechMapped from the industry tags this company reported to the startup directory (greentech, fintech, science). Self-reported, so it is the company's own claim about its market.
- Engineering reputationRead from what they publishNo data for this company yetCompany websites plus the public GitHub API. Broader discovery via GitHub search would need an API token.
Hiring practicalities
Read from their job ads- Open roles16 open16 roles, sourced from the company's own Teamtailor board.
- Working languageEnglish + SwedishRead from the words in this company's own live job ads, which is the company stating how it hires rather than me inferring it. Detected across this company's live postings.
Fit and mission
Worked out from facts I hold- Fit (chaos or structure)Chaosfounded 2023 (3 years ago), ~45 employees, Seed stage. Age, size and stage combine into the read.
Companies like this one
Worked out from facts I holdEach shows why. Not a recommendation.
- Also Fintech · Also building frontend · Shares Claude, React, SQL and 1 more
- Also Fintech · Also building frontend · Shares React, TypeScript · Similar size (10 to 50)
- Also Fintech · Shares AWS, Claude, HubSpot and 5 more · Similar size (10 to 50) · Same age (3 to 5 years)
- Also Fintech · Shares React, SQL, AWS and 7 more · Similar size (10 to 50) · Same age (3 to 5 years)
- Also building frontend · Shares Docker, GCP, PostgreSQL and 2 more · Similar size (10 to 50) · Same age (3 to 5 years)
- Also building frontend · Shares Claude, CSS, Next.js and 3 more · Similar size (10 to 50) · Same age (3 to 5 years)
Work here?
Nobody has answered yet. Same questions for every company.
Answer for this companyOn the map
Regeringsgatan 109, 111 39 Stockholm
Address from the company's own site.
Drawn by OpenStreetMap, so it only loads when you ask for it.
Wrong about Elvy?
The address, the headcount, the logo, a role that closed. Tell me which and I will fix it.