About Posh

Posh Energy provides a battery energy storage solution that eliminates upfront costs and guarantees savings on electricity bills through a performance-based service model. The platform manages all operations, maintenance, and end-of-life decommissioning, ensuring customers benefit from reliable energy savings without financial risk.

```xml <problem> Businesses face high upfront costs when deploying battery energy storage solutions, creating a barrier to entry for those seeking to reduce electricity expenses and enhance energy resilience. Traditional ownership models also burden customers with ongoing operational, maintenance, and decommissioning responsibilities. </problem> <solution> Posh Energy offers a Battery-as-a-Service (BaaS) model that eliminates upfront capital expenditure and guarantees electricity cost savings through a performance-based service agreement. The company manages all aspects of the battery energy storage system, including installation, operations, maintenance, and end-of-life decommissioning. Customers pay a fixed monthly or quarterly service fee based on achieved savings, ensuring predictable energy costs and eliminating the risks associated with battery ownership. This approach enables businesses to access the benefits of energy storage without the financial and operational burdens of traditional ownership. </solution> <features> - Battery energy storage systems certified to UL 9540, UL 9540A, UL 1973, and UL 1741 (CRD compliant) standards. - Turn-key, modular systems ready for immediate deployment. - Performance guarantee: customers pay nothing if projected electricity cost savings are not achieved. - Comprehensive operations and maintenance included at no additional cost. - End-of-life decommissioning and recycling services. - Option to purchase the batteries at the 10-year mark. - 10-year warranty, extendable to suit customer needs. </features> <target_audience> The primary target audience includes businesses seeking to reduce electricity costs, improve energy resilience, and adopt sustainable energy practices without significant capital investment or operational overhead. </target_audience> <revenue_model> Posh Energy generates revenue through monthly or quarterly service fees based on the actual electricity cost savings achieved by the customer. </revenue_model> ```

What does Posh do?

Where is Posh located?

Posh is based in Hayward, United States.

When was Posh founded?

Posh was founded in 2021.

How much funding has Posh raised?

Posh has raised $4.3M.

Posh

Relative Traction Score based on online presence metrics compared to companies in the same age group.

Posh

Relative Traction Score based on online presence metrics compared to companies in the same age group.

Executive Summary

poshenergy.com 2K+

Founded 2021 – Hayward, United States

Funding

No specific funding rounds found.

Total Funding

$4.3M

Backed by

A5.Com.BrAavishkaar CapitalGlobal Founders CapitalHat Trickcapital…

Team (10+)

No team information available.

Company Description

Problem

Businesses face high upfront costs when deploying battery energy storage solutions, creating a barrier to entry for those seeking to reduce electricity expenses and enhance energy resilience. Traditional ownership models also burden customers with ongoing operational, maintenance, and decommissioning responsibilities.

Solution

Posh Energy offers a Battery-as-a-Service (BaaS) model that eliminates upfront capital expenditure and guarantees electricity cost savings through a performance-based service agreement. The company manages all aspects of the battery energy storage system, including installation, operations, maintenance, and end-of-life decommissioning. Customers pay a fixed monthly or quarterly service fee based on achieved savings, ensuring predictable energy costs and eliminating the risks associated with battery ownership. This approach enables businesses to access the benefits of energy storage without the financial and operational burdens of traditional ownership.

Features

Battery energy storage systems certified to UL 9540, UL 9540A, UL 1973, and UL 1741 (CRD compliant) standards.

Turn-key, modular systems ready for immediate deployment.

Performance guarantee: customers pay nothing if projected electricity cost savings are not achieved.

Comprehensive operations and maintenance included at no additional cost.

End-of-life decommissioning and recycling services.

Option to purchase the batteries at the 10-year mark.

10-year warranty, extendable to suit customer needs.

Target Audience

The primary target audience includes businesses seeking to reduce electricity costs, improve energy resilience, and adopt sustainable energy practices without significant capital investment or operational overhead.

Revenue Model

Posh Energy generates revenue through monthly or quarterly service fees based on the actual electricity cost savings achieved by the customer.

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