The startup offers an electricity bill optimization platform that uses artificial intelligence to analyze energy consumption patterns for private households and SMEs. By providing monthly budgets and automating supplier negotiations, the platform enables users to reduce their energy bills efficiently and without effort.
Funding
$6.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
THFounders
Product
Problem
Many households and SMEs lack the time and expertise to actively manage their energy contracts, resulting in overpayment for electricity and gas. Monitoring energy consumption, comparing supplier rates, and switching providers manually is a complex and time-consuming process.
Solution
June Energy offers an automated energy management platform that simplifies energy bill optimization for residential and small business customers. The platform continuously analyzes energy consumption patterns and automatically compares available tariffs from different energy suppliers. June Energy then facilitates seamless switching to the most cost-effective provider, ensuring users always benefit from the lowest possible rates without any manual effort. By providing insights into energy usage and automating the switching process, June Energy empowers users to reduce their energy expenses and make informed decisions about their energy consumption.
Target Audience
The primary target audience includes private households and small to medium-sized enterprises (SMEs) seeking to reduce their energy bills and simplify energy management.
Features
- Automated energy supplier switching based on continuous market monitoring
- Personalized energy consumption analysis and insights
- Compatibility with both analog and digital meters
- Support for green energy preferences
- Digital energy audits providing personalized advice on energy investments
- June Dongle provides near-real-time insights into energy consumption via a digital meter
- Mobile app to track energy usage and savings