Remind Me
Latest round
- Series A
Last raised
- Jul 2019
Total raised
- $3.5M
Investors
- 4
About Remind Me
Remind Me GmbH, based in Berlin, Germany, specializes in providing a platform for automatic comparison and switching of electricity and gas providers.Remind Me GmbH specializes in an automated online service for comparing and switching energy providers, specifically electricity and gas. The core offering allows customers to seamlessly transition between providers, ensuring they receive the most advantageous tariffs available in the market. The company employs a team of tariff experts who analyze over 12,000 energy tariffs to identify the best options for clients, emphasizing both cost savings and customer convenience. Once a customer opts into the service, Remind Me manages the entire switching process, which includes annual tariff adjustments to maximize savings without requiring active engagement from the user.The revenue model for Remind Me GmbH is based on a commission structure derived from successful energy provider switches. When clients utilize the platform to switch to a better tariff, Remind Me earns a fee from the energy suppliers involved in the transaction. This business operates on a direct-to-consumer basis, with customers engaging with the service typically on a subscription or one-time transaction basis. While specific pricing plans for the services are not disclosed, the company positions itself as a cost-saving solution, implying that users benefit from lower energy bills which counterbalance any associated service fees. The capital will support future product development and expansion into new geographic markets. The company is planning to bolster its presence in additional German-speaking regions and may explore further international markets by the end of 2024.
Who invested in Remind Me
4 investors across 2 rounds
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Questions about Remind Me
Who invested in Remind Me?
Remind Me has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Remind Me raised?
Remind Me has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Remind Me last raise money?
Remind Me's most recent round on record is a Series A, in Jul 2019.
What does Remind Me do?
Remind Me GmbH, based in Berlin, Germany, specializes in providing a platform for automatic comparison and switching of electricity and gas providers.
Where is Remind Me headquartered?
Remind Me is headquartered in Berlin, Germany.
Which VCs invest in companies like Remind Me?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back internet companies at Remind Me's stage. Their profiles are linked below.
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