Telescope
18 employees on LinkedIn · 5 known investors
Telescope provides climate, nature, and energy transition risk data at the property, building, and portfolio level, covering physical hazards like flooding, decarbonization/stranding risk, and biodiversity impact. It serves banks' credit and risk teams and real estate portfolio owners for pricing risk, stress testing, and meeting EBA guidelines.
Also known as Ei Solutions AS · telescope.eco
Investors · 5
Also in the syndicate · 3
Company profile
researched Aug 2026Telescope is an Oslo-based property technology company that supplies climate, energy transition and nature risk intelligence for real estate finance. Its platform assesses individual addresses and buildings as well as whole portfolios, covering acute and chronic physical hazards such as flooding, surface water and sea level rise; energy transition risk including energy performance, the cost of decarbonizing an asset and resulting stranding and capital expenditure exposure; and nature and biodiversity risk, which the company positions as decisive for new-build and green-loan origination.
The product set spans property screening, assessment, portfolio analytics and a climate risk score. It is designed for use across both lines of defence in a bank: customer advisors and credit teams screen properties and document climate risk exposure directly in credit notes without needing climate expertise, while risk and compliance functions integrate the data into credit models, run scenario analysis and stress testing, and produce regulatory reporting. The company positions the platform as supporting compliance with European Banking Authority requirements at address and building level and reducing the risk of capital add-ons. Telescope also publishes articles and a video interview series, The Hubble, on climate risk in credit and underwriting.
Founding story
Telescope was founded in 2022 by Gustav Haaland, Marit Bjerkreim and Mathias Wahl, a team described as combining expertise in sustainability, data science and PropTech. The stated mission is to change how real estate companies manage sustainability risks and to help businesses meet EU requirements.
Business model
Software-as-a-service style platform sold to real estate and financial institutions, with a pricing page, log-in for customers, guided demos and "book a meeting" sales motion on the website. Telescope also expanded its platform to serve financiers and investors in the real estate sector alongside property owners.
Sale of access to the climate risk data platform to real estate owners and managers, banks and insurers; the website publishes a pricing page and customer log-in.
Traction
In 2024 the company signed multiple Norwegian real estate firms, described by an investor as multiple Tier 1 customers closed quickly, with a team of eight and minimal marketing spend. Public customer references include Nidaros Sparebank, Reitan Eiendom, Bane NOR Eiendom and Selvaag Eiendom. The company website lists a team of 13 people and open roles in Oslo.
Latest developments
Following the March 2025 seed round, Telescope has been scaling beyond Norway into Denmark, Sweden and the Netherlands and extending its platform to financiers and investors. Its published resources address the 2027 EBA stress test climate module, the retirement of the RCP8.5 scenario, and Nidaros Sparebank's adoption of climate risk in lending.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
Positions itself as a real-estate-focused alternative to generic sustainability tools, emphasising decision-grade quantification of climate risk rather than additional ESG reporting. An investor in the seed round described the market as full of generic sustainability tools and cited Telescope's focus on real estate as a differentiator.
Focus on address- and building-level granularity usable directly in loan origination and credit notes by staff without climate expertise, combined coverage of physical, energy transition and nature/biodiversity risk, quantification of both downside risk and upside such as the return on energy upgrades, and explicit alignment with EBA regulatory requirements.
Technology
The platform converts climate datasets into address- and building-level risk assessments, including acute and chronic physical hazards (flooding, surface water, sea level rise), energy performance and decarbonization cost modelling, and biodiversity and environmental impact layers. Outputs include a climate risk score, screening reports, portfolio comparison and analytics, and data granular enough to feed bank credit models for scenario analysis and stress testing.
Go-to-market
Direct enterprise sales through booked meetings and a self-service live demo, supported by content marketing (articles, customer stories, a newsletter and The Hubble video series). Initial traction came from Norwegian real estate firms, followed by expansion into other European markets and into the banking and investor segment.
Banks (customer advisors, credit teams, risk and compliance functions), insurers, real estate investors and real estate managers. Named customers and references include Nidaros Sparebank, Reitan Eiendom, Bane NOR Eiendom and Selvaag Eiendom.
Geography
Headquartered in Oslo, Norway, with all listed job openings in Oslo. Initial customer base in Norway, with launches announced in Denmark, Sweden and the Netherlands and a stated focus on the European real estate market.
History
Founded in 2022 in Oslo. The telescope.eco domain profile, registered to Ei Solutions AS, was activated in August 2024. During 2024 the company signed multiple Norwegian real estate firms with a team of eight people and minimal marketing spend. In March 2025 it announced a €3.7 million Seed round and plans to launch in Denmark, Sweden and the Netherlands.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 3
launches, deals, and filingsTelescope published a customer story describing Nidaros Sparebank's use of its climate risk data in lending and risk management.
Telescope announced a €3.7 million Seed round led by Scale Capital and Dreamcraft Ventures, with participation from Curiosity VC and OBOS Oppstart, to expand its climate risk platform for European real estate.
After building a Norwegian customer base, Telescope announced launches in Denmark, Sweden and the Netherlands and expansion of its platform to serve financiers and investors in real estate.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 8
primary sources listed
- Telescopetelescope.eco · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Telescope do?
- Oslo-based provider of address-level climate, transition and nature risk data for banks, insurers and real estate owners.
- Who are Telescope's investors?
- Telescope's investors include Spike Venture, Dreamcraft.