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Acquired byChoose Energy
Date9/2013

General Information

Websitepower2switch.com
Bloghttps://power2swi...
Twitter@Power2Switch
CategoryCleanTech
Phone847 868 0247
Emailseyi@Power2Switch...
Employees7
Founded5/2009
DescriptionElectricity supply rate comparison site

Offices

Chicago, USA
820 W Jackson Blvd
Suite 700
Chicago, IL, 60607
USA

People

Funding

TOTAL $1.38M
FUNDING TOTAL $1.38M
Seed, 6/2011
Excelerate Labs
Pritzker Group Venture Capital
$75k
Venture Round, 12/2011
Hyde Park Angels
Pritzker Group Venture Capital
OCA Ventures
Chicago Ventures
$1.3M
DEBT TOTAL $200k
Debt, 6/2010
$200k

Competitors

Tags

Power2Switch

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.

Recent Milestones

Videos

Screenshots

Power2Switch screenshot
Above: Power2Switch Homepage
Uploaded: 9/3/10
Power2Switch screenshot
Above: Power2Switch HomePage
Uploaded: 2/19/11

Sources

  1. Choose Energy Acquires Power2Switch (finsmes.com) [edit]
  2. SEC (sec.gov) [edit]
  3. Excelerate Labs Portfolio (exceleratelabs.com) [edit]
  4. Power2Switch Raises $1.3M in Funding (finsmes.com) [edit]
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Last Edited 4/14/14

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