Energy veterans and successful entrepreneurs Colin Manson and James McCallum created Xergy Group and set out on a mission to improve and transform operating models in the energy industry, with a vision is to accelerate the energy transition and digital transformation for the $1.85 trillion global energy sector.
After an intensive period of market research, R&D, prototyping and early stage development, Xergy Group sought initial investment to accelerate platform development.
Xergy Group partners with Dot Zero software development company to drive the development of Proteus and Marketplace, and Gneiss Energy were engaged to advise on strategy and finance.
Xergy raise £1.8M of investment to further the development of Proteus and Marketplace. A second office is opened in the United Arab Emirates, and the company hires specialists to drive the technology, sales, and marketing for Xergy Group.
Proteus is launched to market and receives positive reviews.
Marketplace is launched to market and over 1,000 freelancers, consultants, and gig workers sign up in the first month.
Scottish Enterprise awards Xergy Group an initial 'Early Stage Growth Challenge Fund Investment'.
Xergy Group brings technology development in house, creating 10 new jobs in Scotland.
Xergy Group products attract interest from other verticals, and the products are white labeled for Financial Services.
Xergy Group release key integration capabilities supporting Microsoft 365 and Google Workspace with the goal of providing product users with a seamless experience.
Xergy Group sees a significant increase in new customers to its products from across the energy sector, which are being seen as a critical component for companies going through energy transitions and digital transformations.
Proteus and Marketplace technological development continues, and finance capabilities are launched in Proteus.
Over 3,000 freelancer, consultants, and gig workers are actively using Marketplace.
Xergy Group close £4.25 million Seed A+ fundraise to significantly scale-up the business and products.
Following a continued period of research and development, Xergy Group issues its latest release of Proteus, which includes a new-look navigation, as well as new features and components.