Nous automatically tracks household utility providers and service contracts to ensure users never miss a renewal deadline. The platform actively finds better deals or renegotiates existing contracts to secure fair pricing from trusted providers. This service manages the switching process entirely, saving households time and reducing household expenditure.
Funding
$8.5M 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.
Founders
Product
Problem
Managing household bills and contracts is time-consuming, and households often overpay due to forgotten renewals or a lack of awareness regarding better deals. Keeping track of various providers and services requires significant effort, and households often miss opportunities to switch to more cost-effective options.
Solution
Nous is an AI-powered service designed to automate the management of household bills, helping users save both time and money. The platform tracks household providers and services, alerting users to upcoming deadlines for renewals and potential savings opportunities. Nous identifies better contracts with leading brands or renegotiates existing ones, ensuring users are always on fair deals. By handling the complexities of switching providers, including paperwork and small print, Nous aims to simplify household finances and provide users with confidence in their billing arrangements.
Target Audience
The primary target audience is UK households seeking to reduce the time and effort spent managing bills and contracts, and who want to ensure they are getting the best possible deals on their household services.
Features
- Automated tracking of household providers and services, including utilities, insurance, and subscriptions.
- Proactive alerts for contract renewals and opportunities to switch to better deals.
- Identification of cost-saving opportunities through partnerships with vetted providers.
- Management of the switching process, including handling paperwork and communication with providers.
- Personalized recommendations based on household preferences and usage patterns.
- Option to choose between manual, balanced, or fully automated savings modes.