Alexander Tolstrup is the Chief Strategy Officer and Co-Founder of comundo, a Danish startup revolutionizing energy data collection in the property sector, which recently partnered with Danske Bank. He tells Qorus’ Boris Plantier more about comundo and its solution.
What led to the creation of comundo?
We discovered a unique way for property owners to get access to energy data. So when comundo was founded in 2022, we had two clear goals in mind: to create the world's best workplace and to be the world’s biggest contributor to a net-zero planet. Today, everything we do is measured against these goals. To do this, we ask ourselves: “Will this bring value to our customers and their net-zero strategy?” and “Will this impact our team’s well-being?”
We’re immensely proud of our approach to business – and we know it works. Within two years we’ve gathered a seasoned team who have the autonomy and surroundings they need to thrive, and a product that gives companies access to real-time energy prices and accurate emissions data from their buildings based on actual energy consumption.
Could you present comundo's offer?
In a nutshell, we’re an energy data collection platform for building owners and managers that keeps things simple, accurate and affordable.
Our mission is clear. We want to provide building owners with the accurate energy data they need to help them achieve their sustainability goals.
Today, energy data collection is incredibly complex. There’s far too much time spent chasing paper invoices, finding isolated data points, making spreadsheets and doing manual calculations for hundreds of properties, for necessary ESG reporting and certification requirements. comundo automates everything. Our solution connects companies and their properties to all their energy points. comundo captures data from any energy source – and energy supplier – so all their energy and emission data flows directly into their own comundo dashboard and can be monitored in real time. And unlike many others, we don’t rely on data from publicly available databases. We build unique data integrations to energy suppliers across heating, water and electricity. No invoices. No spreadsheets. No manual calculations. Just reliable data.
Our USPs are that we’re offering fully automated energy data collection and emission calculations. There are no hardware or meter requirements. We provide customers with the latest local emission factors on all property energy sources, and we have a dedicated dashboard for all your data.
What's coming next for comundo?
Despite being founded in 2022, we already have a dominant presence in the Nordics, with some very large international customers onboarded within the region. We’ve recently launched a partnership with Danske Bank across all the Nordic countries and landed category leaders like Specsavers, Dagrofa and Heimstaden as our customers.
We’ve reached a scaling phase and are currently taking tentative steps into more European countries, with those of our international customers taking priority, e.g. the UK and the Netherlands.
2024 has been a true testament to our market growth potential in the Nordics and the plan for Europe is clear. We want to be the energy data provider for the real estate market, and we’re well on our way.
