EnergySavvy Raises $315K For One Stop Shop For Home Energy Smarts

Next Story

Remember the college iPad ban? Yeah, not so much

EnergySavvy, a one stop shop web application that helps homeowners become more energy efficient, has raised $315K in new financing from a number of angel investors, including Mike Galgon, founder of aQuantive led this round; and Karl Siebrecht, CEO of AdReady. The startup previously raised $580k in seed financing last year.

Seattle-based EnergySavvy allows users to quickly get an energy score for their homes plus an estimate of their potential for energy savings. The application actually builds a simulation of your home and then compares it to an ideally energy efficient version of your home. The site will then find all applicable tax credits and rebates and make a slew of recommendations to help your home become more energy efficient.

The company also licenses its software out to energy companies that want to provide their customers with a way become more energy-efficient. EnergySavvy’s first SaaS customer, Next Step Living, launches a customized embedded online energy audit tool today. The new funding will be used to scale EnergySavvy’s offerings to other large SaaS customers.

EnergySavvy faces competition from Google Powermeter, Microsoft Hohm, and Apogee.

blog comments powered by Disqus