About Switchee
Switchee is a company based in London (United Kingdom) founded in 2015 by Ed Warrick and Adam Fudakowski. Switchee has raised $20.13 million across 6 funding rounds from investors including AXA Investment Managers, Wayra and ClearlySo. The company has 67 employees as of April 30, 2024. Switchee offers products and services including Switchee Device, Switchee Portal, Energy Voucher Service, and Mould iQ. Switchee operates in a competitive market with competitors including Particle, ecobee, MRI Software, Signify and Landis+Gyr, among others.
- Headquarter London, United Kingdom
- Employees 67 as on 30 Apr, 2024
- Founders Ed Warrick, Adam Fudakowski
- Stage Unicorn
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Sectors
Business ServicesEnergy & Utilities Real Estate & Construction
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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 Switchee Limited
- Date of Incorporation 09 Jul, 2014
- 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
$20.13 M (USD)
in 6 rounds
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Latest Funding Round
$6.4 M (USD), Series A
Jul 03, 2024
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Investors
AXA Investment Managers
& 11 more
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Employee Count
67
as on Apr 30, 2024
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Products & Services of Switchee
Switchee offers a comprehensive portfolio of products and services, including Switchee Device, Switchee Portal, Energy Voucher Service, and Mould iQ.
Internet-connected device for heating control and real-time data collection
Platform for actionable insights on property management and resident support
Service to help residents with energy cost reductions and vouchers
Tool for identifying and managing mould risks in properties
People of Switchee
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Funding Insights of Switchee
Switchee has successfully raised a total of $20.13M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $6.4 million completed in July 2024. 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 Switchee
Switchee has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include AXA Investment Managers, Wayra and ClearlySo.
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Venture capital investment and support for founders in technology and health sectors.
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Diversified alternative assets are managed through investment strategies.
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Early-stage investments are made in climate tech startups by Contrarian Ventures.
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Investor details for Switchee
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Investments & Acquisitions by Switchee
Investment portfolio details for Switchee
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Financial Statements - Switchee
Detailed financials for Switchee
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Switchee Comparisons
Peer comparison for Switchee
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Competitors of Switchee
Switchee 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, MRI Software, Signify and Landis+Gyr, 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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Property management software is provided for residential and commercial properties.
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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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Detailed competitors of Switchee
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Latest news on Switchee
Complete news archive for Switchee
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Frequently Asked Questions about Switchee
Switchee was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Switchee is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Tom Robins is the current CEO of Switchee.
Switchee is a funded company, having raised a total of $20.13M across 6 funding rounds to date.
As of Apr 30, 2024, the latest employee count at Switchee is 67.
Switchee was founded in 2015 in London, United Kingdom, as a provider of SaaS-enabled solutions for building energy management. Operations focus on optimizing energy usage for property owners and managers through services such as carbon management, boiler maintenance, DIS repairment, communications, gas and fuel safety, and retrofit validation. The company serves the real estate and sustainability sectors across the UK.
Switchee's top competitors include ecobee, Particle and Landis+Gyr.
Switchee offers Switchee Device, Switchee Portal, Energy Voucher Service, and Mould iQ.
Switchee has 12 investors. Key investors include AXA Investment Managers, Wayra, ClearlySo, Evergreen Group, and Octopus Ventures.
The valuation of Switchee is $1.63B as of Jul 2024.