Last deal

$1.3M

Amount

Seed

Stage

05.12.2011

Date

3

all rounds

$1.6M

Total amount

General

About Company
Power2Switch is an online service that helps users lower their electric bills by comparing energy suppliers and accessing renewable energy.

Industry

Sector :

Subsector :

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Also Known As

Power2Switch Acquisition

founded date

03.05.2009

Number of employees

Company Type

For Profit

Last funding type

Seed

IPO status

Private

Description

The company provides a free online resource for residents and businesses to search, switch, and save on electricity supply prices from multiple energy suppliers. Power2Switch is currently operational in Illinois and Texas, and is launching in other deregulated states in the coming months. The technology makes the switching process seamless for the consumer, automated for the supplier, and provides analytics to increase supplier efficiency in pricing. The company was acquired by Choose Energy Inc in September 2013.
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