SHYFT Power Solutions

SHYFT Power Solutions

Delivers hardware and software solutions to monitor, manage and control distributed energy systems.

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Early VC
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD20222023
Revenues00000000
% growth-48 %
EBITDA00000000
Profit00000000
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Dealroom estimates

More about SHYFT Power Solutions
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Shyft Power Solutions operates in the smart energy management sector, providing integrated hardware and software solutions for monitoring, optimizing, and controlling energy assets. The company serves a diverse range of clients including residential homeowners, real estate developers, and backup energy providers, primarily in Nigeria. Shyft Power Solutions leverages IoT technology to offer a unified dashboard that allows users to manage solar, batteries, generators, and grid electricity efficiently. The business model revolves around selling both hardware and software solutions, generating revenue through direct sales and possibly subscription-based services for ongoing software support and updates. By enhancing energy efficiency and providing real-time control, Shyft Power Solutions aims to deliver a better energy experience and help clients save money.

Keywords: smart energy management, IoT, energy optimization, Nigeria, solar, batteries, generators, grid electricity, real-time control, energy efficiency.

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Investments by SHYFT Power Solutions

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SteamaCo
ACQUISITION by SHYFT Power Solutions Nov 2024