About Powerpal
Powerpal is a company based in Melbourne (Australia) founded in 2017 by Pete Neal and Rick Grundy.. Powerpal offers products and services including Powerpal Energy Monitor, Home Upgrades, and Wholesale Energy Plans. Powerpal operates in a competitive market with competitors including Particle, ecobee, Signify, Landis+Gyr and Span.IO, among others.
- Headquarter Melbourne, Australia
- Founders Pete Neal, Rick Grundy
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Sectors
Business ServicesEnergy & Utilities Real Estate & Construction Technology
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Website
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- Legal Name Powerpal Pty Ltd
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Annual Revenue
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Products & Services of Powerpal
Powerpal offers a comprehensive portfolio of products and services, including Powerpal Energy Monitor, Home Upgrades, and Wholesale Energy Plans. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tracks real-time household energy usage via app for cost reduction.
Offers installations of heat pumps and solar systems for lower bills.
Provides access to wholesale prices with a monthly fee for savings.
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Funding Insights of Powerpal
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Powerpal
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Powerpal
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Powerpal Comparisons
Competitors of Powerpal
Powerpal operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Particle, ecobee, Signify, Landis+Gyr and Span.IO, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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IoT connectivity platform from prototype to production is developed.
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Provider of smart thermostats for commercial and residential applications
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Signify is recognized as a global leader in lighting solutions.
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| domain | founded_year | HQ Location |
End-to-end energy management solutions are provided for utilities worldwide.
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Smart panels for home energy management are provided by Span.IO.
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| domain | founded_year | HQ Location |
Energy-efficient smart lightbulbs are developed by Nanoleaf.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Powerpal
When was Powerpal founded?
Powerpal was founded in 2017.
Where is Powerpal located?
Powerpal is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
Who is the current CEO of Powerpal?
Pete Neal is the current CEO of Powerpal. They have also founded this company.
What does Powerpal do?
Powerpal was founded in 2017 in Melbourne, Australia, focusing on the energy efficiency sector. Real-time energy usage data is delivered via a device connected to smart meters and a mobile app, enabling consumption pattern analysis. Home upgrades, including heat pump and air-conditioning installations, are facilitated with government rebates to support electrification. Wholesale energy plans are also made available for cost reduction.
Who are the top competitors of Powerpal?
Powerpal's top competitors include ecobee, Particle and Landis+Gyr.
What products or services does Powerpal offer?
Powerpal offers Powerpal Energy Monitor, Home Upgrades, and Wholesale Energy Plans.