SwitchMe
Latest round
- Angel
Last raised
- Aug 2016
Total raised
- $0.4M
Investors
- 4
About SwitchMe
SwitchMe operates as an energy management platform that helps users choose between various electricity providers. The company is headquartered in Mumbai, India. Founded by a team of entrepreneurs with prior experience in technology and energy sectors, SwitchMe has pivoted towards a user-friendly online service model.in specializes in innovative digital solutions aimed at streamlining energy management for residential and commercial clients. The company's core product offerings include a comprehensive energy switching platform that enables users to compare various electricity providers, helping them to select the most cost-effective and environmentally friendly options tailored to their needs. Launched in recent years, this platform serves a diverse clientele, including homeowners, businesses, and entities focused on sustainable energy solutions, primarily within urban markets across India. The service addresses critical pain points such as high energy costs and the complications of switching providers, aiming to create a more informed and efficient energy consumption environment.6. The company's revenue model is primarily commission-based, where it earns fees from energy providers for successful customer referrals. The company plans to launch new upgrades to its energy switching platform, focusing on improving user experience and adding more features that assist consumers in making informed energy choices. Additionally, SwitchMe aims to expand its services into new geographical regions, targeting urban centers across India by 2023.
Who invested in SwitchMe
4 investors across 1 round
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Funding rounds
Angel
Aug 11, 2016
Amount
$0.4M
Investors
Questions about SwitchMe
Who invested in SwitchMe?
SwitchMe has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has SwitchMe raised?
SwitchMe has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did SwitchMe last raise money?
SwitchMe's most recent round on record is a Angel, in Aug 2016.
What does SwitchMe do?
SwitchMe operates as an energy management platform that helps users choose between various electricity providers.
Where is SwitchMe headquartered?
SwitchMe is headquartered in Mumbai, India.
Which VCs invest in companies like SwitchMe?
Among active investors with capital left to deploy, 360 ONE, Gopher Asset Management, DSC Investment and Stellaris Venture Partners back financial services companies at SwitchMe's stage. Their profiles are linked below.
VCs backing financial services startups at Angel
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