Termina helps businesses reduce energy costs and emissions by aggregating energy buying power across multiple locations. Their platform manages energy accounts, streamlines administration, and ensures access to the lowest available prices each month.
Funding
$3M 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
Many businesses, especially those with multiple locations, struggle to efficiently manage their energy accounts, track usage, and secure the best possible energy rates, leading to higher costs and increased administrative burden. Traditional energy procurement methods often involve time-consuming negotiations and lack transparency, making it difficult for businesses to optimize their energy spending.
Solution
Termina offers a platform that aggregates energy buying power across multiple locations, enabling businesses to automatically access the lowest available electricity and gas rates every month. The platform streamlines energy account management and administration by consolidating invoices and data in one place, providing insights into energy usage and costs at the click of a button. Termina leverages group buying power from thousands of venues and works with a wide range of energy retailers to secure better-than-market rates, ensuring businesses continuously benefit from optimal energy pricing. Additionally, the platform offers tools to track energy usage in near real-time, manage equipment assets, and simulate energy upgrades to further reduce costs and emissions.
Target Audience
Termina primarily targets businesses with multiple locations, including hospitality groups, franchise owners, retailers, manufacturers, and property management companies, seeking to reduce energy costs and streamline energy management.
Features
- Automated energy rate comparison and switching to the best available deal each month
- Consolidated dashboard for tracking savings, energy contracts, and prices across multiple locations
- Group buying power leveraging a network of numerous energy retailers
- Real-time energy usage tracking and analysis to identify cost-saving opportunities
- Equipment asset registry for tracking equipment specifications, end-of-life timing, and running costs
- Energy upgrade simulations to calculate ROI on equipment replacements and electrification projects
- Automated energy data collection across bills, meters, and equipment without manual uploading
- Customizable reporting for carbon accounting and financial analysis