About Switchd
Switchd is a company based in London (United Kingdom) founded in 2017 by Thomas Rogers and Llewellyn Kinch. Switchd has raised $2.24 million across 3 funding rounds from investors including Crowdcube, Nationwide and Inspired Energy. The company has 11 employees as of October 31, 2021. Switchd offers products and services including Auto Switching Service and Subscription Plans. Switchd operates in a competitive market with competitors including Particle, ecobee, Signify, Landis+Gyr and Span.IO, among others.
- Headquarter London, United Kingdom
- Employees 11 as on 31 Oct, 2021
- Founders Thomas Rogers, Llewellyn Kinch
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Sectors
Business ServicesEnergy & Utilities
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Email
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Phone
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Website
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Social
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- Legal Name Switchd Ltd
- Date of Incorporation 03 Oct, 2016
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$2.24 M (USD)
in 3 rounds
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Latest Funding Round
$1.6 M (USD), Seed
Nov 29, 2021
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Investors
Crowdcube
& 8 more
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Employee Count
11
as on Oct 31, 2021
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Products & Services of Switchd
Switchd offers a comprehensive portfolio of products and services, including Auto Switching Service and Subscription Plans.
Automatically finds and switches users to better energy deals.
Offers various plans for access to deals and support options.
People of Switchd
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Funding Insights of Switchd
Switchd has successfully raised a total of $2.24M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.6 million completed in November 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Switchd
Switchd has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Crowdcube, Nationwide and Inspired Energy.
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Turquoise is engaged in financial advisory and investment for climate technologies.
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Nationwide Building Society is engaged in providing banking and financial services.
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Consultancy services in renewable energy and efficiency are provided.
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Investor details for Switchd
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Investments & Acquisitions by Switchd
Investment portfolio details for Switchd
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Financial Statements - Switchd
Detailed financials for Switchd
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Switchd Comparisons
Peer comparison for Switchd
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Competitors of Switchd
Switchd 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.
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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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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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Energy-efficient smart lightbulbs are developed by Nanoleaf.
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Detailed competitors of Switchd
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Latest news on Switchd
Complete news archive for Switchd
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Frequently Asked Questions about Switchd
Switchd was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Switchd is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Llewellyn Kinch is the current CEO of Switchd. They have also founded this company.
Switchd is a funded company, having raised a total of $2.24M across 3 funding rounds to date.
As of Oct 31, 2021, the latest employee count at Switchd is 11.
Switchd was founded in 2017 in London, United Kingdom, as a provider of SaaS solutions in the energy sector. Automatic switching to lower electricity tariffs is facilitated through an algorithm that evaluates meter type, regional factors, and usage patterns. Operations focus on simplifying utility management for consumers across the UK market.
Switchd's top competitors include ecobee, Particle and Landis+Gyr.
Switchd offers Auto Switching Service and Subscription Plans.
Switchd has 9 investors. Key investors include Crowdcube, Nationwide, Inspired Energy, Turquoise, and Greg Marsh.