Fiva is an energy savings platform that utilizes AI-powered OCR technology to analyze electricity bills and compare over 90 tariff options from more than 50 providers, ensuring users receive the best pricing tailored to their consumption needs. By simplifying the contract process with a fully online system, Fiva enables both individuals and businesses to achieve savings of 15% to 40% on their energy costs without the hassle of paperwork or data sharing.
Funding
Funding not disclosed
Founders
Product
Problem
Many individuals and businesses struggle to navigate the complexities of electricity tariffs, leading to suboptimal choices and inflated energy bills. Comparing offers from numerous providers is time-consuming and requires specialized knowledge, often resulting in missed savings opportunities.
Solution
Fiva is an energy savings platform that simplifies the process of finding the best electricity tariffs. By uploading an electricity bill, users can leverage Fiva's AI-powered OCR technology to extract relevant data and compare over 90 tariff options from more than 50 providers. The platform's algorithm analyzes consumption patterns and power needs to present personalized offers, enabling users to make informed decisions and achieve significant savings. Fiva also streamlines the contract process with a fully online system, eliminating paperwork and facilitating a seamless transition to a more cost-effective energy plan.
Target Audience
Fiva targets individual households, small and medium-sized businesses (SMBs), and property management companies seeking to reduce their electricity expenses.
Features
- AI-powered OCR technology for automated electricity bill analysis
- Comparison of over 90 electricity tariff options from more than 50 providers
- Personalized tariff recommendations based on individual consumption patterns
- 100% online contract process for seamless switching
- Savings estimation between 15% and 40% on energy costs
- No data sharing with multiple energy providers
- Option for phone support from Fiva agents