Powervault designs and manufactures intelligent energy storage systems that capture solar energy and low-cost electricity from the grid, enabling users to reduce their electricity bills by up to 90%. Their SMARTSTOR™ energy management software utilizes AI to optimize energy usage, allowing households and businesses to store and utilize energy efficiently during peak demand times.
Funding
$4.6M 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
Households and businesses face rising electricity costs and seek ways to maximize the use of renewable energy sources like solar power. Traditional energy management systems often lack the intelligence to optimize energy storage and usage based on real-time conditions and predictive analytics. This results in inefficient energy consumption and higher electricity bills.
Solution
Powervault designs and manufactures intelligent energy storage systems that enable users to capture solar energy and low-cost electricity from the grid. The SMARTSTOR™ energy management software utilizes AI-powered prescriptive analytics to optimize energy usage, allowing households and businesses to store and utilize energy efficiently during peak demand times. The Powervault Portal provides users with real-time energy production and consumption monitoring, battery status updates, historical data, and customizable settings. This allows users to reduce their reliance on the grid, use greener electricity, and save money on their electricity bills.
Target Audience
The primary target audience includes homeowners and businesses looking to reduce electricity bills, maximize the use of solar energy, and reduce their carbon footprint.
Features
- SMARTSTOR™ energy management software uses AI to optimize energy storage and usage
- Web portal to monitor real-time energy production and consumption, check battery status, and view historical data
- Compatible with all major electricity suppliers
- Batteries fitted with industry-leading safety features
- MCS-accredited installer network for full solar system installation
- Available in multiple models (P4 and P5) to suit different energy demands