Offers solar, heat pumps, and home batteries as a monthly subscription service.
Founders
Johan Outinen(Sweden · ♂)— After building and exiting a co-living startup, he was nudged into energy by an investor and founded Elvy to sell home solar, heat pumps and batteries as a fixed monthly subscription.
David Wedar(Sweden · ♂)— An experienced startup operator, he co-founded Elvy to turn residential clean-energy hardware into an affordable subscription service for Swedish households.
Fabian Linzberger(♂)— A startup operator who co-founded Elvy to help homeowners adopt solar and heat pumps without large upfront costs.
Funding history
Date
Round
Amount
May 2026
Funding round
Elvy (Stockholm) raised 5.9M euros co-led by Daft Capital and Essential Capital for its home energy subscription, as Klarna alum Knut Frangsmyr becomes chairman.
$6.8M
Dec 2025
Debt
Swedish Elvy secured €500 million in financing from Scayl and a banking partner to scale its subscription home energy model.
$580M
Investors
Tap an investor to see what else they have backed.