ifesca revenue hit $2.3M in 2024

ifesca generates revenue from customers

ifesca

Ilmenau, Germany

About Company RevenueFundingTeamFounder/CEOCEO Net Worth

How ifesca hit $2.3M revenue with a 42 person team in 2023.

Developer of a cloud-based software designed to solve complex optimization and forecasting tasks using artificial intelligence. The company's software supports energy companies is decision making process, by calculating forecasts for the future demand for electricity, gas or heat in real time.

Founded

2016

Founded

Revenue

$2.3M

2023 Revenue

YOY

31%

YOY

Funding

$7.3M

Funding

ifesca Revenue

In 2023, ifesca revenue run rate hit $2.3M in revenue.

  • 2023

    ifesca hit $2.3M in revenue in 2023

  • 2021

    ifesca hit $1.4M in revenue in 2021

  • 2016

    ifesca launched in 2016 with $0 revenue

ifesca Funding History

  • 2019

    ifesca raised a of in August, 2019

  • 2018

    ifesca raised a of in June, 2018

  • 2018

    ifesca raised a of in January, 2018

  • 2017

    ifesca raised a of in January, 2017

FUNDING DATE ROUND AMOUNT VALUATION
August, 16 2019
June, 06 2018
January, 02 2018
January, 02 2017

Team

ifesca has 42 total employees and 3 sales reps that carry a quota. an engineering team of 2 and a marketing team of 2.

DISTRIBUTION QTY
Total team size 42
Engineer 2 (5%)
Sales 3 (7%)
Marketing 2 (5%)

Founder / CEO

Sebastian Ritter

CEO & Founder ifesca - AI-based decision support Energy Data Forecasting & Optimization. Experienced Managing Shareholder with a demonstrated history of working in the computer software industry. Skilled in Energy Management, Energy, Sustainability, Strategic Planning, and Business Strategy. Strong business development professional graduated from Technische Universität Ilmenau.

Q&A

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Customers

Churn

ifesca Executives

Name Position Working Email Personal Email
Sebastian Ritter CEO [email protected] -

ifesca Employees

Name Position Working Email Personal Email
Sebastian Ritter CEO [email protected] -

Frequently Asked Questions about ifesca

  • When was ifesca founded?

    ifesca was founded in 2016.

  • How much revenue does ifesca generate?

    ifesca generates $2.3M in revenue.

  • Who is the CEO of ifesca

    The CEO of ifesca is Sebastian Ritter.

  • How much funding does ifesca have?

    ifesca raised $7.3M.

  • How many employees does ifesca have?

    ifesca has 42 employees.

  • Where is ifesca headquarters?

    ifesca is headquartered at Ilmenau, Germany

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