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Building upgrades · Pre-Seed

Reshape

End-to-End Energy Upgrades for Commercial Buildings.

Location
Germany
Stage
Pre-Seed
Business model
Buy & build, SaaS
Co-investors
Founders

Overview.

Owners of commercial and multi family buildings face rising energy costs and stricter rules. Projects stall because the market is fragmented. Planners, installers and financiers work in silos. Scopes are narrow so measures are suboptimal. Timelines are long. Financing is hard to secure and manage. Many portfolios lack a single accountable partner for assessment execution and long term asset management. Energy inefficiency persists which lowers property values and raises costs.

Reshape is executing a buy-and-build strategy to create an end-to-end platform for building energy upgrades. The goal is to combine fragmented capabilities into one accountable process, from initial assessment to delivery and ongoing operations, enabling portfolios to roll out upgrades at scale. The first acquisitions add energy consulting and commercial solar installation, with an active acquisition pipeline targeting adjacent capabilities, potentially including HVAC as a next step.

Why we invested.

We backed the team and the model. The founders have scaled relevant companies before, including Octopus Energy Germany and Verivox. That experience matters for complex, multi-site execution. A buy-and-build strategy creates operating leverage in a fragmented market. Adding a software layer can standardize scoping, scheduling, and reporting across many sites. Early proof points include two acquisitions and a growing project pipeline with larger owners, which provide a credible path to scale if integration is executed well.