Equiwatt
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Revenues | <1m | <1m | <1m | 1.1m |
% growth | - | 20 % | 175 % | 27 % |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Grant | ||
€10.9k | Grant | ||
N/A | Support Program | ||
N/A | Early VC | ||
£300k | Seed | ||
* | £630k | Grant | |
* | £300k | Seed | |
Total Funding | CAD2.2m |
Recent News about Equiwatt
EditEquiwatt is a company dedicated to providing smart energy management solutions that help users optimize their energy consumption and reduce their carbon footprint. The company primarily serves residential clients, offering tools and technologies that enable households to manage their energy use more efficiently. Operating in the clean energy and smart home markets, Equiwatt leverages data and smart technology to create a more sustainable and affordable energy future. The business model revolves around a combination of hardware and software solutions, including smart plugs and an app that tracks and rewards users for reducing their energy consumption during peak times. Revenue is generated through the sale of these smart devices, subscription services for premium features, and partnerships with energy providers. Equiwatt's mission is to make clean energy accessible and affordable for everyone, while also contributing to the global effort to achieve net-zero emissions.
Keywords: smart energy management, residential clients, clean energy, smart home, energy optimization, carbon footprint, smart plugs, energy rewards, peak time reduction, net-zero emissions.