triPica Secures €12.4Mn Investment from TiLT Capital Partners to Expand Its Energy and Telecom Software Platform

TiLT Capital Partners is an investment platform focused on supporting businesses working in the energy transition. It is part of the Siparex Group.

"Every new energy offer, a dynamic tariff, a self-consumption contract, an EV charging plan, eventually becomes a billing problem. Suppliers have no shortage of ideas. What slows them down is a customer and billing system built for a market that no longer exists. We built triPica so that an operator can launch that offer in weeks. With TiLT, we will take it to more operators across Europe and use AI where they lose the most time today, "said Mathieu Horn, co-founder and CEO of triPica.

Founded in 2016 by Mathieu Horn, Walid Bounar and Christophe Ruzé, triPica develops cloud-based software for energy companies and telecom operators.

Its platform helps businesses manage customer relationships, subscriptions, billing, payments and customer service in one place.

As the energy sector moves towards cleaner energy, suppliers are offering more services. These include flexible energy prices, solar power for home use, electric vehicle charging and programmes that help customers adjust their energy use.

However, many energy suppliers still use old systems that were built for simpler services and pricing plans. These systems make it difficult and time-consuming to launch new products. Telecom companies face similar problems when introducing digital brands, service bundles and plans where customers pay based on how much they use.

Read Also- Danish Startup Memora Raises €1.7Mn to Digitise Cemetery Management