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ELDO

Operating

Eldo delivers affordable, sustainable energy solutions for businesses, property owners, and households.

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Last round
Seed
Mar 2026
Rounds
2
since 2013
Employees
11-50

About ELDO

Eldo Energy is a South African digital utility company dedicated to delivering affordable, sustainable, and efficient energy solutions. Operating across both business-to-business and business-to-consumer markets, the company serves property portfolio owners, enterprises, and households with innovative energy management services. Eldo Energy emphasizes transparency, fair pricing, and customer trust, positioning itself as a reliable partner in the transition to greener energy. By combining technology with customer-focused service, Eldo Energy helps clients reduce costs, improve efficiency, and contribute to a cleaner future. Its mission is to make energy smarter, more accessible, and more sustainable for all.

ELDO funding2 rounds

All 2 rounds →

The latest is a Seed announced 27 Mar 2026.

RoundAmount
ELDO Seed27 Mar 2026Not disclosed
ELDO Convertible Note05 Dec 2019Not disclosed

ELDO founders & team

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  • SAUB

    Automated water and electricity utility billing for estates and landlords in South Africa · South Africa

  • SolarWorX

    Solarworx is a Berlin-based Energy startup that develops smart solar solutions for rural off-grid households in Africa. · South Africa

  • Switch Energy

    Smart metering, wheeling and energy trading software for South Africa's electricity market · South Africa

  • Sivula

    Intelligent energy management and remote monitoring for distributed energy systems in Southern Africa · South Africa

  • maxwell+spark

    maxwell+spark is a greentech company and battery manufacturer with a focus on transforming outdated energy technology. · South Africa

  • MeterX

    Reconcile multi-source utility usage down to the last kWh · South Africa

All 16 Energy startups in South Africa

Frequently asked about ELDO

Where is ELDO based and when was it founded?
ELDO is headquartered in Johannesburg, South Africa and was founded in 2013.
Who founded ELDO?
Founders listed for ELDO include Marc Malan (Co-Founder & CCO).
How much funding has ELDO raised?
ELDO has raised 2 funding rounds; the amounts were not disclosed. Its latest, a Seed, was announced on 27 Mar 2026.
What sector is ELDO in?
ELDO operates in Energy, Software and Renewable Energy.