Switchd

Summary

Home energy used to be just British Gas. Now there are 60+ suppliers, solar, heat pumps & batteries to consider. The Switchd mission is to demystify this complexity for households. Their MakeMyHouseGreen platform helps make homes truly green and Switchd auto-switching has already saved users £4m+!

• MakeMyHouseGreen live for 3 months and revenues last month doubled to £6,223 (EBITDA -£19,486)
• We calculate £6bn UK & £300bn global green homes solutions market and growing fast
• £19 CAC and £114 calculated lifetime revenues with Switchd auto-switching
• Rated “Excellent” on Trustpilot (July 2021)

Idea

Going green is top of the agenda globally and our homes are 20-25% of emissions. So, to hit net zero targets, we have to make homes greener. There’s massive momentum from government, business and households.

This means energy for households is becoming even more complex. Imagine not just switching suppliers, but trying to decide whether to get solar, a heat pump or a battery. What’s the cost, energy saving or carbon impact?

We want a world where, with the push of a button, homeowners can find the right energy for them. We’re empowering users to get a green home, with MakeMyHouseGreen, and get the best deal on their remaining grid energy with Switchd auto-switching.

Our proprietary tech platform models the benefits of various green home solutions, such as insulation, and enables a smooth install experience. Our data shows we’ve really hit the button with solving the user need, backed up by incredible feedback and conversion rates.

Change is happening fast. Our energy expertise, access to data and tech capability mean we aim to be the driving force in the green home movement!

We’re backed by prominent Angels, Inspired Energy and Nationwide Building Society, who are promoting us to their 15.5m members.

This investment will allow us to accelerate platform development, including other products and ongoing performance monitoring. Plus, rapidly grow our users and lead the market.

Team

Tom - Founder & CTO - Studied Economics at Durham University. He worked as a developer at IBM and for various start-ups. He then worked on large projects as a data-driven management consultant at Newton Europe, where he met Llewellyn.

Llewellyn - Founder & CEO – Studied Natural Sciences at Cambridge. He won multiple national university cycling championships while there and raced professionally for 2 years afterwards. He joined Newton and, like Tom, was promoted rapidly.

Sameeha - Developer - 1st in software engineering and studying for a Computer Science masters.

Will - Developer – Natural Sciences at Cambridge and graduate of Makers developer course.

Greg– Head of Product – Greg has a masters in Engineering and Renewable energy from Durham and worked with the department for Business, Energy and Industrial Strategy on UK carbon trading.

Gabiele - Customer Experience – Amazing with our members. Plus, has a law degree and is studying for her master’s.

Zabrina– Customer Experience – A source of constant positive feedback from members!

Richard– Head of Growth – Extensive growth and marketing experience. Including 4 years at Funding Options, where he took them from MVP to leading the UK market.

Sara - Partnerships Manager – Joins with 6+ years of track record success in partnerships.

Julia – Growth Associate – Uses “human psychology” from her Anthropology degree and to amazing effect.