Modo Energy

Modo Energy is a software-as-a-service (SaaS) company founded in 2019, based in Camden, London. It specializes in data analytics and decision-support tools for owners, operators, and investors in renewable energy, particularly focusing on grid-scale battery energy storage systems (BESS). The company operates in both the United Kingdom and the United States. Modo Energy's platform offers a suite of integrated tools that assist users in navigating the energy market. Key services include performance benchmarking of battery storage assets, revenue and price forecasting, real-time data tailored for battery storage, and in-depth market research. The software is utilized by a diverse range of customers, including asset owners, investors, operators, and industry consultants, helping them optimize performance and make informed decisions. Recognized as a trusted authority in the UK battery storage market, Modo Energy manages approximately 90% of Britain's grid-scale battery capacity. The company is certified as a B Corporation, reflecting its commitment to environmental and social impact, particularly in supporting the transition to net zero emissions.

Renewables & Environment London, United Kingdom Founded 2019 ~19 employees Private · Series A

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Employees
19
+5.6% in the 3 months to Jun 2025
Total funding
$18.8M
Last round Series A, Nov 2023
12-month attrition
25.1%
Tech: 39.2%
H1B filings, FY2026
1
Sponsors visas
Open jobs
5
Last 30 days

Headcount trend

Modo Energy went from 13 employees in Jul 2023 to 19 in Jun 2025. Jan to Jun 2025: 5 people joined, 2 left.

Headcount data through Jun 2025

Org structure

Headcount by department

Other12
Engineering5
Operations1
Product1

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H-1B sponsorship

H-1B Sponsorship Limited
H-1B Filings by Department
Engineering3

The department split adds up all the years listed above. FY2026 alone: 1 filings.

Funding

  • Nov 2023 · Series A · $14.9M · MMC Ventures, Triple Point Ventures, Fred Olsen Limited
  • Jun 2022 · $3.9M · Fred Olsen Ltd, Triple Point Ventures

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Modo Energy FAQ

How many employees does Modo Energy have?

Modo Energy has about 19 employees, up 5.6% over the 3 months to Jun 2025.

Does Modo Energy sponsor H1B visas?

Yes. Modo Energy filed 1 H1B (LCA) application in FY2026, according to the latest U.S. Department of Labor disclosures. It was for a Engineering role.

How much funding has Modo Energy raised?

Modo Energy has raised $18.82M in total funding; its latest round was Series A in Nov 2023.

Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.