PayGo Energy develops smart meters and a digital distribution platform for liquefied petroleum gas (LPG), enabling pay-as-you-go access to clean cooking solutions. This technology addresses the lack of affordable and safe cooking fuel for 2.6 billion people globally, improving health outcomes and reducing reliance on harmful fuels like charcoal and kerosene.
Funding
$3.5M 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
Globally, billions lack access to clean cooking fuels, relying instead on harmful options like charcoal and kerosene. Liquefied Petroleum Gas (LPG) is a clean and efficient alternative, but its adoption is hindered by high upfront costs and a lack of accessible distribution networks in emerging markets.
Solution
PayGo Energy offers a smart metering and digital distribution platform that enables pay-as-you-go access to LPG. Their Cylinder Smart Meter allows consumers to purchase LPG in small, affordable increments, removing the barrier of large upfront payments. The Tag & Trace system provides end-to-end visibility and control over the LPG cylinder fleet, optimizing distribution and retail operations. By leveraging digital innovation, PayGo Energy aims to unlock new markets for LPG and improve the health and well-being of consumers in emerging economies.
Target Audience
The primary target audience includes low-income households in emerging markets who currently lack access to clean cooking solutions, as well as LPG distributors seeking to expand their reach and improve operational efficiency.
Features
- Cylinder Smart Meter: Provides pay-as-you-go functionality for LPG access.
- Tag & Trace: Offers end-to-end digital distribution and retail management.
- Real-time monitoring of cylinder levels and consumption patterns.
- Mobile payment integration for convenient refills.
- Data analytics dashboard for distributors to optimize inventory and logistics.
- Secure cylinder tracking to prevent theft and fraud.