Sara Rasmussen, CRO at utility Cloud

UtilityCloud continues strong momentum: signs two new energy retail customers Midt Energi and Sodvin

We’re excited to welcome two new names to the UtilityCloud community: Midt Energi and Sodvin. As more energy retailers seek to simplify operations and scale through automation, UtilityCloud remains the trusted choice for driving efficiency, innovation, and growth across the energy sector.

Midt Energi selected UtilityCloud for its modern, cloud-native platform that automates core energy retail processes — from billing to customer engagement — helping utilities achieve greater efficiency, scalability, and customer satisfaction.

“For us, the multi-play capabilities of invoicing both electricity and broadband on the same bill have been very important,” said Ragnhild Åsrønning, Daglig leder at Midt Energi.

Sodvin cited UtilityCloud’s IT architecture, open APIs, flexibility, and cloud-born nature as the main determining factors in their choice. “The flexible and open nature of the platform aligns perfectly with our future vision,” said Fartein Kjørsvik, Konsernleder at Sodvin.

“Our steady stream of new customer wins confirms that UtilityCloud’s approach to digital energy retail resonates deeply with the market,” said Sara Rasmussen, Chief Revenue Officer at UtilityCloud. “Midt Energi and Sodvin’s decisions demonstrate how utilities are increasingly prioritising automation and modern cloud infrastructure to stay competitive.”

Since its inception, UtilityCloud has established itself as a key innovator in Nordic energy technology, powering seamless billing and customer engagement flows across its expansion markets. This new momentum fuels the company’s ambition to take its proven platform into global markets, helping utilities worldwide deliver smarter, more flexible, and customer-centric energy retail services.

“Tapping into utility modernisation is a critical part of staying ahead in today’s fast-evolving energy landscape,” said Torbjørn Hompland, CEO and Co-founder of UtilityCloud. “Our mission is to empower retailers of all sizes through automation, transparency, and agility — and these new customer engagements reaffirm our position as a trusted leader driving the digital energy transition.

About UtilityCloud

Founded in 2019 by energy industry executives, UtilityCloud was built to help energy retailers streamline and automate their operations in response to increasing competition and regulatory demands. Since 2021, the company has grown from zero to 4 million EUR in annual recurring revenue (ARR), entirely bootstrapped with zero churn. Currently, over one million households and businesses rely on UtilityCloud, managing more than € 1 billion in transactions annually through its platform.