2024 Revenue
$3.2M
Funding
$7.3M
YOY
38.6%
Team
42
Founded
2016
How ifesca CEO Sebastian Ritter grew ifesca to $3.2M revenue with a 42 person team in 2024.
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.
Last updated
ifesca Revenue
In 2024, ifesca's revenue reached $3.2M. The company previously reported $2.3M in 2023. Since its launch in 2016, ifesca has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | ifesca Hit $3.2m revenue in October 2024 |
| 2023 | ifesca Hit $2.3m revenue in October 2023 |
| 2021 | ifesca Hit $1.4m revenue in April 2021 |
| 2016 | Launched with $0 revenue |
ifesca Valuation, Funding Rounds
ifesca has not publicly disclosed its valuation. The company has raised $7.3M in total funding to date.
ifesca has raised $7.3M in total funding across 4 rounds, with its most recent round in 2019.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2019 | Funding round | $3.3M | - | - |
| 2018 | Funding round | $1.8M | - | - |
| 2018 | Funding round | $1.2M | - | - |
| 2017 | Funding round | $970.7K | - | - |
ifesca Employees & Team Size
ifesca employs approximately 42 people as of 2026.
ifesca has 42 total employees in different roles and functions and 3 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 42 employees (October 2024) |
| 2023 | Reached 42 employees (October 2023) |
| 2022 | Reached 37 employees (October 2022) |
| 2021 | Reached 31 employees (December 2021) |
| 2021 | Reached 24 employees (April 2021) |
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
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for ifesca yet.
Frequently Asked Questions about ifesca
What is ifesca's revenue?
ifesca generates $3.2M in revenue.
Who founded ifesca?
ifesca was founded by Sebastian Ritter.
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 in Ilmenau, Germany.
People Also Viewed
NextME
NextME makes it simple for businesses to manage waitlists and serve more customers. Track visits and wait times, engage your customers in real-time with a custom virtual waiting room, and grow your business like never before. NextME leverages proprietary historical data to help businesses quote more accurate wait times during peak hours. We believe in superior customer service and that waiting in line can be done virtually, not physically. NextME's digital waitlist for businesses is available to download in the App Store today: http://apple.co/1IUTQWw We're hiring! See our current opening positions here: https://bit.ly/3llzOho Need an extra hand with a product demo? Give us a call at (877) 639-8631
BluAgent
BluAgent Technologies is a fully integrated SaaS platform that streamlines and simplify the entire safety and compliance process
Filtered.ai
Filtered uses performance data to maximize the quality of your current and future workforce.
Headway Essex
Headway Essex is a charity that supports people living with acquired brain injury, ensuring they can live a fulfilling life.
Digital Horizon
Digital Horizon is a VC firm focused on backing exceptional entrepreneurs building B2B software-based solutions and marketplaces. With a presence in London, Tel Aviv and Moscow, Digital Horizon aims to seek out early-stage technology companies with the ultimate goal to assist them in building and scaling their business.
Trefis
Provider of a business analysis technology. The company provides a data analytics technology for investors and decision-makers in business that allows users to share, use, and collaborate on analysis.
Compare ifesca to the industry
ifesca operates across multiple industries. Browse revenue, funding, and growth data for ifesca in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .