Big News: Molecule Closes Series B Funding

We are both proud and ecstatic to share we completed our Series B funding round — an important step as we continue to innovate in the ETRM space and expand our market reach.

It’s a meaningful milestone for us in the company’s 13-year history and reinforces a core belief of ours: we want customers to achieve the maximum with minimal effort.

Solving real problems that energy and commodities trading professionals experience every day means building an ETRM platform that works the way they need it to work.

Sundance Growth, a software-focused growth equity firm, led Molecule’s Series B capital raise. Managing Partner Christian Stewart noted that Molecule has delivered where many solutions fall short, providing the modern technology foundation that today’s trading organizations need.

“Molecule is doing something very few companies in energy tech have done: combining mission-critical depth with cloud-native, scalable technology. Sameer and his team have built a platform that’s not only powerful, but user-friendly—a rare combination in enterprise software. We’re thrilled to partner with Molecule as they continue to grow and transform the energy trading and risk management market.”
-Christian Stewart, Founder and Managing Partner, Sundance Growth

WHAT THIS ROUND OF FUNDING MEANS

This capital will enable us to deliver even more value to our customers and advance our mission to build the best ETRM in the world. Here’s what that means in practice:

• Double down on product innovation — providing our customers with a future-ready ETRM platform that helps them move faster, manage risk, and scale with precision
• Invest in the team behind the platform — so we can offer even more responsive support and solutions that keep up with your needs
• Reach more markets — to support growing global demand and help more trading organizations navigate complex portfolios

Modernization of trading operations is on the rise, and the demand for modern technology purpose-built for today’s energy markets — especially power and renewables — is greater than ever.

With support for 50+ commodities — including gas, power, renewables, chemicals, and crypto — Molecule is built to handle the full scope of today’s trading portfolios.

We designed Elektra to meet the complexities of modern power trading, and we built Hive for easier renewable certificate lifecycle management – both of which were recognized with 2025 Power Technology Excellence Awards from GlobalData. This is a clear sign that what we’re building is resonating with the industry and meeting real market needs.

Other platform enhancements include PPA modeling, Bigbang, our data lake-as-a-service built for advanced trade reporting, AI-powered data querying, and strategic integrations for powering everything from trade capture to back office operations.

We’ve also expanded our operations across the UK and EU, serving major European customers including Nuveen and operating a dedicated production environment to meet region-specific compliance requirements.

This progress builds on earlier chapters of our growth — including closing our Series A in 2021 — and reinforces our commitment to helping customers adapt, scale, and thrive in an increasingly complex market.

"Four years ago, we committed to becoming the leading platform for energy trading. Today, our customers are managing complex power and renewable portfolios across multiple jurisdictions, all within Molecule.” - Sameer Soleja, Founder and CEO, Molecule

WHAT WON’T CHANGE: OUR FOCUS

At our core, we’re still Molecule: a cloud-native ETRM built on the belief that the people running today’s energy and commodities trading operations deserve a system of record they can trust: one that’s modern, scalable, and actually easy to use.

This funding allows us to keep delivering everything our customers love about Molecule – at a higher level. This means we can support more customers, solve harder problems, and keep building a rockstar ETRM platform that significantly improves the work life of our users.

Thanks for being part of our journey so far. We can’t wait to show you what’s next.

ABOUT MOLECULE

Molecule is the ETRM built for the future of energy. Cloud-native with an intuitive, easy-to-use experience at its core, Molecule is the alternative to the convoluted systems of the past. With near real-time reporting, 30+ integrations, and headache-free implementations, Molecule gets your ETRM out of your way — because you have more valuable things to do with your time. Schedule a demo to see how Molecule will power your trade risk management operations.