Termina

About Termina

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.

```xml <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. </problem> <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. </solution> <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 </features> <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. </target_audience> <revenue_model> Termina generates revenue from a portion of the savings it generates for its customers, aligning its incentives with the goal of maximizing energy cost reductions. </revenue_model> ```

What does Termina do?

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.

When was Termina founded?

Termina was founded in 2020.

How much funding has Termina raised?

Termina has raised $3.0M.

Founded
2020
Funding
$3.0M
Employees
35 employees
Investors
EvpArchangel Ventures

Termina

10
Relative Traction Score based on online presence metrics compared to companies in the same age group.

Executive Summary

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.

termina.io2K+
Founded 2020

Funding

No specific funding rounds found.

Total Funding

$3.0M

Backed by

Archangel VenturesEvp

Team (30+)

Jacob Zimmermann

Head of Partnerships & Franchise

Company Description

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.

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

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.

Revenue Model

Termina generates revenue from a portion of the savings it generates for its customers, aligning its incentives with the goal of maximizing energy cost reductions.

Sources:

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