# Modo Energy

> Modo Energy is a London-based data and analytics platform that helps investors, developers, lenders and traders value and finance battery storage and other electrification assets. It provides regulated benchmarks, transparent revenue forecasts, expert market research and an AI analyst, turning complex power-market data into investment-grade decisions across markets in Great Britain, Europe, the United States and Australia.

- **Founded:** 2019
- **Headquarters:** London, United Kingdom
- **Founders:** Quentin Scrimshire (Co-Founder & CEO), Tim Overton (Co-Founder)
- **Team size:** ~82 employees (over 70 power-market analysts, data scientists and engineers)
- **Products:** Regulated Benchmarks, Bankable Forecasts, Ko (AI Analyst), Analyst Insights, Data Integration / API
- **Notable:** Built the only FCA-regulated, IOSCO-certified battery energy storage revenue benchmarks in the world., Raised a £25M ($33M) Series B led by Molten Ventures in December 2025, bringing total funding to roughly $54M., Grew to ~82 staff across GB, Europe, the US and Australia.

## Products & services

- **Regulated Benchmarks** — The only FCA-regulated, IOSCO-certified performance benchmarks for battery energy storage revenue, giving operators and financiers an independent standard to measure against.
- **Bankable Forecasts** — Transparent, defensible revenue forecasts for battery and solar assets, built to withstand lender and structured-finance scrutiny.
- **Ko (AI Analyst)** — An AI analyst that answers natural-language questions about energy markets and assets, letting users interrogate models and scenarios directly.
- **Analyst Insights** — Independent market research, reports, podcasts and videos written by power-market experts on the ground in every covered market.
- **Data Integration / API** — SOC 2 certified battery and solar market data - forecasts, benchmarks and performance metrics - delivered via a developer-ready API for integration into customer workflows.

## Achievements

- Built the only FCA-regulated, IOSCO-certified battery energy storage revenue benchmarks in the world.
- Raised a £25M ($33M) Series B led by Molten Ventures in December 2025, bringing total funding to roughly $54M.
- Grew to ~82 staff across GB, Europe, the US and Australia.
- Underpinned the valuation and underwriting of billions of dollars in energy assets.
- SOC 2 certified data platform with developer-ready API.

## Latest updates

- **2025-12** — Raised a £25M ($33M) Series B led by Molten Ventures (with ETF Partners, MMC Ventures and Fred. Olsen Limited) to expand from five to 20 markets and deploy AI-powered valuation systems.
- **2025** — Launched Ko, an AI analyst that answers natural-language questions about energy markets and assets.
- **2024** — Partnered with TWAICE to integrate BESS analytics and revenue data for the ERCOT market in Texas.
- **2023-11** — Raised a $15M (~£11.8M) Series A to expand into the US and Europe.

## Links

- Website: https://modoenergy.com
- LinkedIn: http://www.linkedin.com/company/modo-energy
- Twitter/X: https://twitter.com/ModoEnergy
- YouTube: https://www.youtube.com/@modoenergy

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Profile page: https://yespress.io/modo-energy
Published by YesPress — https://yespress.io
Last updated: 2026-07-18