
Our Investment in epilot
Riverside Acceleration Capital (RAC) is proud to announce our recent investment in epilot, a growth-stage company based in Cologne, Germany. Their all-in-one platform is designed to help renewable energy service providers, utility companies, and grid operators manage their online sales, customer journey, and order fulfillment processes.
As demand for green energy continues to increase around the globe, companies entering the renewable energy space have been challenged with creating a scalable digital foundation capable of handling the many workflows surrounding converting leads and fulfilling orders. These can include online product catalogs for complex product bundles, lead generation and qualification, custom quotes, contracts, customer inquiries, and communication with suppliers and implementation partners. Traditionally, renewable energy companies have often resorted to stitching together disparate systems, spreadsheets, and documents to manage these processes, resulting in wasted time and fragmented customer data.
epilot was launched in 2017 to help solve this problem, with an ambitious mission to make selling complex products as easy as selling a pair of shoes online. Built on a serverless microservice architecture, the company’s platform is designed to empower utility companies, grid operators, energy solution providers, and intermediaries to build the renewable energy world together. It provides a wide range of features to help companies capture and convert leads (digital forms, product catalogs, pricing engine, lead generation and qualification), manage customer inquiries (workflow management, order management, configurable portals, status tracking, messaging), and collaborate with partners to fulfill orders (partner portals, lead routing, hierarchical group structures). The result is improved efficiency across the entire buying journey.
Today, epilot works with over 100 organizations and has built out a library of integrations to plug into complementary systems including SAP and other Enterprise Resource Planning (ERP) solutions, PayPal, and third-party services for credit checks.
In our view, epilot adds significant value to an underserved and rapidly growing industry, and we believe they’re well-positioned to create the scalable digital foundation that can help facilitate the renewable energy transition.
To learn more about epilot and their all-in-one platform, visit www.epilot.cloud/en/.
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