Metris has secured $5 million in seed funding to expand its energy-data automation platform, with backing from PT1 Ventures, Octopus Ventures, AENU and Blackfinch Ventures. The London-based startup also introduced Metria AI, an interface built to replace manual processes that still dominate many energy-operations teams.
The capital is aimed at a sector that continues to rely on spreadsheets and disconnected software. The firm consolidates information from inverters, meters, SCADA systems, customer-management tools and financial applications into a single operational record. By creating a unified view, owners and operators can monitor decentralized energy assets, including flexibility services, curtailment management and corporate power-purchase agreements, without juggling multiple data sources.
Global energy transactions total roughly $5 trillion each year, yet many producers lack a way to merge operational, commercial and market data across their portfolios. Metris’s platform functions as an “intelligent system of record,” pairing real-time asset profiles with workflows, query tools and AI capabilities that can act on the combined information.
The startup’s growth mirrors strong investor interest in software that supports the energy transition. As renewable portfolios expand, operators encounter rising administrative costs tied to performance tracking, billing and market participation. Automating those tasks reduces manual effort and gives AI tools a reliable data foundation, which in turn improves forecasting and decision-making.
The newly raised funds will speed expansion into wind and combined-heat-and-power installations, deepen AI development and strengthen the firm’s foothold in Europe, especially in Germany where digital asset management is increasingly encouraged by regulators. The company already oversees more than 10 000 solar plants and manages about 500 MW of capacity, and its revenue has risen eightfold year over year. Initially focused on solar portfolios, the platform now supports a broader range of energy assets.
She described the absence of a unified data layer as an important gap that the company intends to close.
Investors praised the platform’s role in cutting operational expenses and enabling flexible energy contracts. Fabian Koening of PT1 Ventures called the team’s work essential for achieving real-time asset visibility and for driving AI-powered transformation across the sector.
