triPica takes €12.4m from TiLT to move energy billing off old systems

triPica takes €12.4m from TiLT to move energy billing off old systems

10 November 2026: triPica, a Paris provider of customer and billing software for energy suppliers and telecom operators, says it has received a €12.4 million investment from TiLT Capital Partners, the energy transition platform of the Siparex group. The money will push its energy business deeper into Germany and Italy and double the size of its team.

Not yet independently verified. The release does not say whether the €12.4 million is equity, debt or a mix, and gives no valuation. The customer names and the claim that offers launch in weeks come from triPica alone. We will update this when it can be confirmed, and remove this note.

Dynamic tariffs that the old billing engines cannot price

The company's case rests on a mismatch. Energy suppliers now sell dynamic tariffs, solar self-consumption contracts, EV charging plans and demand flexibility schemes, while many still run customer and billing systems designed for a single regulated tariff. triPica says each new offer on such a system can mean months of IT work.

"Every new energy offer, a dynamic tariff, a self-consumption contract, an EV charging plan, eventually becomes a billing problem," said Mathieu Horn, co-founder and chief executive. "We built triPica so that an operator can launch that offer in weeks."

Its single cloud platform covers the product catalogue, subscriptions, billing, payment and customer service. Telecom operators have long billed on usage and bundled services, and triPica argues that energy is moving towards the same model, which gives a supplier of both sectors an advantage.

Where the money goes after France

The release sets out three uses. In energy, triPica will accelerate in Germany and Italy alongside France, with other European countries later. Telecom remains central, with continued investment for operators in Europe, the Americas and Asia. The third is AI, aimed at the routine tasks of operators' billing and customer service teams.

Migration is the part an incumbent's customer will care about most. triPica says it has an established method for moving customer bases, contracts and billing history without disrupting operations, which it describes as the main obstacle keeping operators on old platforms. Named customers are Primeo Energie and Gaz Européen in energy, and Bouygues Telecom, Digicel and CelcomDigi in telecom.

An investor that ties its pay to ESG results

TiLT was founded by Nathanaël Krivine, Nicolas Lepareur and Nicolas Piau, manages a €340 million fund and backs 11 European small and mid-sized companies, focusing only on the energy transition. It links its own remuneration to the ESG performance of its portfolio. Since 2021 it has been part of Siparex, a French private equity group with €4.5 billion under management.

"The energy transition will not be won on generation assets alone," said Lepareur, who sees in triPica's ten years of production work the makings of "the European reference in this field".

triPica was founded in Paris in 2016 by Horn, Walid Bounar and Christophe Ruzé, and employs 80 people. It is exhibiting at Enlit Europe in Vienna from 10 to 12 November.

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Company profile on TrustList: triPica

Sources

• triPica, investment release, 10 November 2026
• Tech.eu, triPica bags €12.4M, 10 November 2026