Bitwatt

About Bitwatt

We are BitWatt

We empower retail energy suppliers with advanced software solutions for pricing, procurement, and contract optimization.

Our Story

Born From the
Energy Industry

BitWatt was founded in Düsseldorf by former E.ON and Uniper professionals who saw firsthand how energy retailers struggled with complex, manual portfolio management processes. Spreadsheet-driven pricing, gut-feel hedging, and one-size-fits-all contract adjustments were the norm — even at some of Europe's largest suppliers.

We set out to change that. By combining deep energy market expertise with modern data science and cloud engineering, we built a platform that automates the calculations, surfaces the insights, and lets portfolio managers focus on strategy rather than spreadsheets.

Today, our software is used daily by European energy suppliers to acquire more profitable customers, hedge market risk intelligently, and adjust contracts with machine-learning precision.

Our Mission

Retail energy is a complex data-driven business. We strive to leverage computational power to help all retail energy companies react instantly and profitably to updated data — with automatically optimized sales prices, risk hedges, and contract management.

Our goal is to unlock profitable real-time portfolio management for large portfolios of energy customers.

Headquartered in Düsseldorf

Based in Düsseldorf, Germany — at the heart of Europe's energy industry. Our location gives us direct access to innovative talent, industrial customers, and the regulatory ecosystem that shapes energy retail across the continent.

Key Facts

2019

Founded

7+

Energy Suppliers

3

Core Solutions

DE & ES

Engagements

The Team

Meet Our Team Leads

Chad Hladik

Chad Hladik

Director & Founder

LinkedIn
Abdulwahid Barguzar

Abdulwahid Barguzar

Engineering Lead

LinkedIn
Sajid Ali

Sajid Ali

Data & Analytics Lead

LinkedIn
Max Kischkel

Max Kischkel

Sales Lead

LinkedIn

Let's Talk

Book a free video call to discuss your goals and pain points with our team.