Pricelock is all about making the buying and selling of energy more efficient. It was true when the company launched the Marketplace, a customized online energy auction platform for utilities companies, power plants and other government and/or commercial entities to buy and sell natural gas, motor fuels and coal. But today, Pricelock is taking things one step further with the launch of a mobile app.
The Pricelock Mobile app extends the auction into the pocket of the buyer or seller, which is meant to improve the speed and efficiency of how energy is purchased. The app notifies suppliers of upcoming auctions and lets them watch how their bids are doing in real-time.
Unfortunately, it seems as though the app only offers view-only access, rather than the ability to place a new bid. But theoretically, the app would make it easier for a supervisor or monitor to keep up with what’s happening at the auction (where there’s supposedly a proxy) without getting behind in day-to-day work.
Pricelock is an innovative online energy solutions company. Pricelock Marketplace offers an online auction platform allowing businesses to buy and sell energy. It also offers risk management services and an employee incentive product. Investors include Artiman Ventures, Goldman Sachs, Barclays, Travelers Insurance, & RenaissanceRe Ventures Ltd. Learn more at http://www.pricelock.com.