Bia Energy SAS Asset Profile

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Year established

2022

Location

Bogota Colombia

Primary Industry

Software

About

Based in Bogota, Colombia, and founded in 2022, Bia Energy SAS operates as a software development company offering an energy trading platform that provides a point of contact between users and the electricity sector. In August 2024, Bia Energy SAS raised USD 10 million in venture debt funding from BBVA Spark. The company offers a web and mobile application for organizations to help them understand, control, and optimize their energy consumption. The features offered by the firm that benefit its customers are monitoring energy consumption in real-time, analysis of data to identify patterns and inefficiencies, and alerts and recommendations for energy savings. Bia Energy also provides insights into the proportion of different energy types consumed and their relationship to charges and penalties. Additionally, the company offers payment services, allowing customers to pay all their energy points in a single transaction as well as providing 24/7 customer service through an AI-integrated model. With a focus on customer satisfaction, Bia Energy rewards customer loyalty by refunding a percentage of the energy bill in Bia Credits. Furthermore, the company offers free installation of smart meters, providing customers with accurate and detailed consumption data. The August 2024 funding will enable Bia Energy SAS to strengthen its technology infrastructure and accelerate its expansion.

Current Investors

Nazca Capital, Global Founders Capital, 8VC

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Primary Industry

Software

Sub Industries

e-Financial, Analytics & Performance Software

Website

www.bia.app

Verticals

FinTech, FinTech, Mobile Apps

Total Amount Raised

Subscriber access only

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