Key notes: Power2Switch is an online service enabling users to lower their electric bills by comparing energy suppliers and accessing renewable energy.
Office address: 820 W Jackson Blvd, Suite 700, Chicago, Illinois, United States
Description: Power2Switch is a free online resource that helps residents and businesses lower their electric bills by enabling customers to search, switch, and save on electricity supply prices from multiple energy suppliers and also gain access to renewable energy. The site is currently operational in Illinois and Texas, and is launching in other deregulated states in the coming months. Power2Switch technology makes the switching process seamless for the consumer (cutting process time from weeks to hours), automated for the supplier (contract completion is easier online), and provides analytics to increase supplier efficiency in pricing.
http://www.crunchbase.com/organization/power2switch
$ 1,575,000 over 3 funding rounds.
| Date | Name | $ Invested | Crunchbase link |
|---|---|---|---|
| 2011-06-01 | seed | $ 75,000 | Detailed data |
| 2010-06-29 | debt_financing | $ 200,000 | Detailed data |
| 2011-12-05 | seed | $ 1,300,000 | Detailed data |
| Round Date | Round Name | Investor | Crunchbase Link |
|---|---|---|---|
| 2011-12-05 | seed | Chicago Ventures | Investor Profile |
| 2011-06-01 | seed | Techstars Chicago (Formerly Excelerate Labs) | Investor Profile |
| 2011-12-05 | seed | OCA Ventures | Investor Profile |
| 2011-12-05 | seed | Hyde Park Angels | Investor Profile |
| 2011-12-05 | seed | Pritzker Group Venture Capital | Investor Profile |
| 2011-06-01 | seed | Pritzker Group Venture Capital | Investor Profile |
To update the information on funding or number of employees, please do that directly on Crunchbase.
Created: 11-Jul-2012, 21:48
Last Crunchbase update: 14-May-2018, 05:06
Last modified: 08-Mar-2021, 05:08
Country: USA