triPica raises €12.4M to modernise energy and telecom billing
What's the deal? Paris-based software company triPicaDealroom has a profile for this one. Try Dealroom → has raised €12.4 million from TiLT Capital PartnersDealroom has a profile for this one. Try Dealroom →, the energy transition investment platform of the Siparex GroupDealroom has a profile for this one. Try Dealroom →. Founded in 2016, triPica builds a cloud-native CRM and billing platform for energy suppliers and telecom operators.
What's the endgame? The platform brings customer management and billing into a single system, letting operators launch new products and pricing models in weeks rather than months. It also migrates customer records, contracts, and billing histories from legacy systems without disrupting operations.
Why now? As the energy transition advances, suppliers are rolling out dynamic tariffs, solar self-consumption, EV charging, and demand flexibility programmes. Many still run legacy billing systems built for simpler pricing, making new offers slow to launch.
"Every new energy offer, a dynamic tariff, a self-consumption contract, an EV charging plan, eventually becomes a billing problem," said co-founder and chief executive officer Mathieu Horn. "What slows them down is a customer and billing system built for a market that no longer exists."
Where the money goes: The investment will fund expansion in the European energy market, particularly Germany and Italy, alongside existing operations in France, with plans for more countries. triPica will also grow its telecom business across Europe, the Americas, and Asia, and integrate AI into billing and customer service.
The signal: The round is a sizeable bet on the software layer utilities need as they add services. Adjacent European energy software has drawn capital — Spain's LinkenerDealroom has a profile for this one. Try Dealroom → raised €7.5 million and Portugal's Shortcut secured a strategic investment — but neither is a direct billing-platform comparable. triPica's significance will hinge on turning the capital into deployments with energy retailers across new markets.
Read more: Tech.eu
Image credit: Generated with Gemini