Greenbird

European smart meter software

Greenbird is a profitable and rapidly growing software vendor and IT integration specialist based in Norway. The company is the clear leader in its home market, having served utilities representing more than 80% of the Norwegian market, and it is continuing to build its international customer base. Its Software as a Service (SaaS) offerings Metercloud.io and Ghostwriter enable utilities to quickly implement flexible IT architectures for modern smart meter operations.

Thorsten Heller Greenbird

”We were looking for a partner with both deep experience and a huge network within Smart Grid, Smart City and Smart Industry. ETF quickly made a number of senior introductions to potential partners and clients. Having ETF as an investor will help us to become the leading Enterprise SaaS company for utilities with our Smart Grid Intelligence Platform Metercloud.”

Thorsten Heller, CEO, Greenbird

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Milestones

  • ETF Partners helped significant restructuring ahead of signing the deal, to develop the structure and governance necessary for a venture-backed growth company
  • Introduced company to several strategic partners and customers ahead of deal.

Below the line

"An excellent plumber is infinitely more admirable than an incompetent philosopher. The society which scorns excellence in plumbing because plumbing is a humble activity, and tolerates shoddiness in philosophy because it is an exalted activity, will have neither good plumbing nor good philosophy. Neither its pipes nor its theories will hold water."

~John W. Gardner