Stepwise

About Stepwise

Provides a home electrification platform that integrates energy management systems to enable efficient installation of EV chargers, heat pumps, and electric water heaters, regardless of existing electrical panel capacity. By monitoring and controlling home energy consumption, it ensures safe, cost-effective upgrades for homeowners and electricians, supporting the transition to electric living.

```xml <problem> Many homes lack sufficient electrical panel capacity to support the installation of new electrification technologies like EV chargers, heat pumps, and electric water heaters. Upgrading electrical panels can be expensive and time-consuming, creating a barrier to widespread adoption of these technologies. This limitation hinders homeowners from transitioning to more sustainable and efficient energy solutions. </problem> <solution> Stepwise offers a home electrification platform that integrates energy management systems, enabling the efficient installation of EV chargers and other high-demand appliances, even in homes with limited electrical panel capacity. The Stepwise EV Tap monitors a home's overall energy consumption and intelligently controls the EV charger to prevent overloading the electrical panel. This approach allows homeowners and electricians to add electrification technologies without the need for costly and disruptive panel upgrades. By orchestrating energy use, Stepwise ensures safe and cost-effective electrification, facilitating the transition to modern, all-electric living. </solution> <features> - Real-time monitoring of total home energy consumption - Intelligent control of EV charger to prevent electrical panel overload - Compatibility with various EV charger models - Streamlined installation process for electricians - Remote monitoring and control capabilities - Integration with future Stepwise products, including heat pump and electric water heater controls - Load management capabilities for demand response programs </features> <target_audience> Stepwise targets homeowners seeking to electrify their homes without expensive panel upgrades, as well as electricians looking for solutions to expand their service offerings and win more business. </target_audience> ```

What does Stepwise do?

Provides a home electrification platform that integrates energy management systems to enable efficient installation of EV chargers, heat pumps, and electric water heaters, regardless of existing electrical panel capacity. By monitoring and controlling home energy consumption, it ensures safe, cost-effective upgrades for homeowners and electricians, supporting the transition to electric living.

Where is Stepwise located?

Stepwise is based in Cambridge, United Kingdom.

When was Stepwise founded?

Stepwise was founded in 2022.

How much funding has Stepwise raised?

Stepwise has raised 1400000.

Location
Cambridge, United Kingdom
Founded
2022
Funding
1400000
Employees
31 employees
Major Investors
US Department of Energy
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Stepwise

Score: 100/100
AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

Provides a home electrification platform that integrates energy management systems to enable efficient installation of EV chargers, heat pumps, and electric water heaters, regardless of existing electrical panel capacity. By monitoring and controlling home energy consumption, it ensures safe, cost-effective upgrades for homeowners and electricians, supporting the transition to electric living.

getstepwise.com700+
cb
Crunchbase
Founded 2022Cambridge, United Kingdom

Funding

$

Estimated Funding

$1.4M+

Major Investors

US Department of Energy

Team (30+)

No team information available. Click "Fetch founders" to run a focused founder search.

Company Description

Problem

Many homes lack sufficient electrical panel capacity to support the installation of new electrification technologies like EV chargers, heat pumps, and electric water heaters. Upgrading electrical panels can be expensive and time-consuming, creating a barrier to widespread adoption of these technologies. This limitation hinders homeowners from transitioning to more sustainable and efficient energy solutions.

Solution

Stepwise offers a home electrification platform that integrates energy management systems, enabling the efficient installation of EV chargers and other high-demand appliances, even in homes with limited electrical panel capacity. The Stepwise EV Tap monitors a home's overall energy consumption and intelligently controls the EV charger to prevent overloading the electrical panel. This approach allows homeowners and electricians to add electrification technologies without the need for costly and disruptive panel upgrades. By orchestrating energy use, Stepwise ensures safe and cost-effective electrification, facilitating the transition to modern, all-electric living.

Features

Real-time monitoring of total home energy consumption

Intelligent control of EV charger to prevent electrical panel overload

Compatibility with various EV charger models

Streamlined installation process for electricians

Remote monitoring and control capabilities

Integration with future Stepwise products, including heat pump and electric water heater controls

Load management capabilities for demand response programs

Target Audience

Stepwise targets homeowners seeking to electrify their homes without expensive panel upgrades, as well as electricians looking for solutions to expand their service offerings and win more business.