Power2Switch is an online service enabling users to lower their electric bills by comparing energy suppliers and accessing renewable energy.
Business Model: B2B
Revenue: $12.7M
Employees: 51-200
Address: 5807 S Woodlawn Ave
City: Chicago
State: IL
Zip: 60637
Country: US
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.
Contact Phone:
+17738342128
Contact Email:
Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 12/2011 | Seed Round | 4 | $1.3M |
Hyde Park Angels Chicago Ventures OCA Ventures Pritzker Group Venture Capital Hyde Park Angels OCA Ventures Pritzker Group Venture Capital Hyde Park Angels Chicago Ventures OCA Ventures Pritzker Group Venture Capital Hyde Park Angels OCA Ventures Pritzker Group Venture Capital |
6/2010 | Debt Financing | $200k | 4/2011 | Seed Round | 2 | $75k |
Techstars Pritzker Group Venture Capital Techstars Chicago Techstars Pritzker Group Venture Capital Techstars Chicago |
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