The startup develops a home operating system that utilizes data analytics and real-time control mechanisms to optimize residential energy consumption. This system enables households to lower energy costs, enhance safety, and improve efficiency while contributing to climate change mitigation through smarter energy management.
Funding
$38M 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
Traditional home switchboards offer limited insight into energy consumption, lack advanced safety features, and are not easily integrated with modern energy solutions like solar panels and electric vehicles. This leaves homeowners vulnerable to electrical hazards, higher energy bills, and difficulty adopting sustainable energy practices.
Solution
Basis provides a smart panel and accompanying home app that replaces traditional switchboards, offering homeowners real-time energy monitoring, enhanced safety features, and seamless integration with renewable energy sources. The smart panel provides circuit-level control, allowing users to manage energy usage, automate routines, and identify potential electrical faults. By providing detailed insights into energy consumption and electrical health, Basis empowers homeowners to reduce energy waste, lower electricity bills, and protect their homes from electrical hazards.
Target Audience
Basis targets homeowners who are looking to reduce energy costs, improve home safety, and adopt sustainable energy solutions, as well as electricians seeking to offer advanced smart home technology to their clients.
Features
- Real-time electricity usage insights and historical data
- Remote circuit control via the Basis Home App
- Customizable alerts for electrical faults and anomalies
- Advanced fire protection with arc fault detection (Pro and Max packages)
- Electric shock protection with Type A and Type B RCDs (Max package)
- Integration with solar and battery systems for net generation insights (Max package)
- Electricity retail cost optimizer to identify optimal power plans
- Over-the-air updates for continuous improvement and new feature additions
- API integrations for connectivity with other smart home devices (Pro and Max packages)
- Pre-fabricated design for faster and more consistent installation