Previse Systems secures Lightrock investment to drive innovation and scale in global energy markets
Previse Systems, a leading provider of next-generation Energy Trading & Risk Management (ETRM) software, has secured growth capital from Lightrock to accelerate its expansion and support the rising demand from energy companies facing increasingly complex market exposures.
Lightrock, a global growth equity platform, has provided equity financing in return for a minority stake in Previse Systems. This strategic investment will strengthen the company’s ability to deliver innovative solutions, mature its operations, and expand its market presence. Lightrock will utilise its networks and value creation capabilities to support Previse Systems' growth in close collaboration with the company’s founders, who retain control of the business.
Previse Systems delivers a modern, cloud-native ETRM solution built for today’s energy markets. Rapid load growth, renewable intermittency, and the now bi-directional nature of generation have introduced greater price volatility and sharply higher intraday trading volumes. As a result, energy companies must now process and act on vastly larger data sets in real time to both seize opportunities and manage risks.
Previse Coral meets this challenge with a highly scalable and high-performance architecture that adapts to diverse portfolios and operating models. It empowers market participants to handle extreme intraday trading volumes, bring new products to market rapidly, and manage the data intensity of volatile markets — all while keeping infrastructure costs and operational complexity low.
Founded in 2019 by ETRM industry veterans, today Previse Systems already serves more than 20 customers, among them top-tier energy companies. With the funding from Lightrock, Previse aims to double down on its product development and partnership with existing clients, expand its reach across new product lines, and strengthen its operational and geographic footprint.
Asbjørn Hansen, Chief Executive Officer of Previse Systems, commented:
The partnership with Lightrock marks a significant milestone for Previse Systems. Their investment underscores the confidence in our innovative technology and our ability to address the complexities of modern energy markets. With this support, we are well-positioned to enhance our capabilities, scale our solutions, and provide unparalleled value to our clients as they navigate the challenges of the energy transition.
Nigel McCleave, Partner at Lightrock, commented:
We were drawn to Previse because of the market opportunity, differentiated technology platform, and success working with a diverse set of impressive customers. However, what excites us most is the quality of the team, their collaborative and transparent approach, and their core commitment to put customers first. We look forward to supporting them as they continue building Previse’s next chapter.
About Lightrock
Lightrock is a global investment platform committed to building a sustainable future. Operating across private and public markets, Lightrock advises over $5.5 billion in assets and Lightrock funds invest in Europe, North America, Latin America, Asia, and Africa. Lightrock is a certified B Corp with a dedicated team of over 130 professionals working across a network of six offices. Lightrock advised funds have invested growth equity in more than 90 companies that pursue scalable and tech-driven business models around the key impact themes of people, planet, and productivity.
For more information, visit www.lightrock.com