EcoVerse
EcoVerse provides a neutral, third-party record system for battery deals, establishing a single source of truth for operating history, remaining capacity, and contract compliance. The platform pre-defines measurement methods and capacity floors so owners, lenders, insurers, and offtakers all read the same verified results. Deal setup is free, and the first ten deals pay half the setup and first year fees.
- Data & Analytics
- Energy
- Battery Technology
- Software Only
Funding
Founders
Founder details are not available yet.
Product
Problem
Every battery contract rebuilds the same measurement from scratch. Tolling agreements, capacity contracts, warranties, and loans all depend on two questions: whether agreed operating limits were respected and how much capacity remains. Currently, each deal relies on manufacturer data, operator reports, and engineering reviews at closing, none of which constitute a measurement all parties agreed to in advance, leading to disputes that persist for the debt's fifteen-year term.
Solution
EcoVerse provides a neutral, third-party record system for battery deals, establishing a single source of truth for operating history, remaining capacity, and contract compliance. The platform pre-defines measurement methods and capacity floors so that owners, lenders, insurers, and offtakers all read the same verified results. Deal setup is free, and counterparties can review the floor, confirm methods, and join at no cost. Every measurement date, capacity is compared against the locked floor and operation against agreed limits, with all parties accessing the same result and any auditor able to re-run the analysis.
Target Audience
Primary customers are battery asset owners, lenders, insurers, and offtakers engaged in tolling agreements, capacity contracts, warranties, and project finance for battery storage assets.
Features
- Pre-defined measurement methods and capacity floors established at deal setup
- Role-based views for owners, lenders, insurers, offtakers, and service companies
- Contract schedule integration for tolling, capacity, warranty, and loan structures
- Confidentiality agreement accepted once, then all parties see the deal from their own side
- Auditable results that any party's auditor can independently re-run
- Setup and first year fees reduced by half for the first ten deals, with all fees fixed for the life of the deal