Sense provides a home energy monitoring solution that analyzes electrical currents to identify energy consumption patterns of individual appliances in real time. This technology enables users to track their energy usage, reduce their electric bills by an average of 8%, and minimize their carbon footprint.
Funding
$127.6M 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.
BEVCFounders
Product
Problem
Many homeowners lack detailed, real-time insights into their energy consumption patterns, making it difficult to identify energy waste and optimize usage. Traditional energy monitoring solutions often provide only aggregated data, obscuring the energy signatures of individual appliances and limiting opportunities for targeted savings.
Solution
Sense offers a home energy monitoring solution that disaggregates whole-house energy data to provide appliance-level insights. By analyzing electrical currents in real time, Sense identifies the unique energy signatures of individual devices and appliances. This enables users to track energy consumption, understand usage patterns, and receive personalized recommendations for reducing their electric bills and minimizing their carbon footprint. The system comprises a home energy monitor that installs in the electrical panel and a mobile app that provides real-time data and insights.
Target Audience
Sense primarily targets homeowners who want to gain greater control over their energy consumption, reduce their electricity bills, and minimize their environmental impact.
Features
- Real-time monitoring of whole-house and appliance-level energy consumption
- Identification of individual appliances based on their unique electrical signatures
- iOS and Android mobile app for remote monitoring and control
- Personalized insights and recommendations for energy savings
- Historical data analysis to identify trends and patterns
- Integration with smart meters for seamless data collection (in select regions)
- Secure data encryption and storage using Amazon Web Services (AWS)