Seaya Ventures led a €3 million funding round in eSave, a pioneer in sales process automation for the energy sector, with support from Suma Capital to accelerate international expansion and product integration.
Target Information
eSave is a leading company specializing in the automation of sales processes and optimization of offers for businesses in the energy sector. Recently, the company raised €3 million in a funding round led by Seaya Ventures, a European venture capital fund focused on early-stage investments. The funding round also saw participation from Suma Capital through its SC Venture strategy, which aims to support companies in their growth phases with pioneering technologies that accelerate decarbonization in key sectors such as energy.
In an industry that has historically been rigid and under-digitized, eSave employs artificial intelligence, computer vision, and advanced Optical Character Recognition (OCR) to automate complex processes such as invoice reading, data validation, and service contracting. This innovative approach enhances operational efficiency, accelerates sales cycles, and allows marketers to compete in an increasingly liberalized environment with new market entrants.
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Industry Overview
The energy sector in Europe faces significant transformation pressures driven by the need for digitalization and sustainability. Regulatory changes are fostering a competitive landscape where traditional models are challe
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Seaya Ventures
invested in
eSave
in 2023
in a Series A deal
Disclosed details
Transaction Size: $3M