Switchd Overview
- Year Founded
-
2017

- Status
-
Private
- Employees
-
31

- Latest Deal Type
-
Later Stage VC
- Latest Deal Amount
-
$1.54M
- Investors
-
13
Switchd General Information
Description
Provider of an auto-switching energy service intended to help customers find suitable energy deals and automatically switch their service. The company collects existing tariff information and preferences from customers and searches for deals across the energy market, from big suppliers to small players, enabling users to save on their energy bills.
Contact Information
Website
www.switchd.co.ukCorporate Office
- FBC
- 40 Bowling Green Lane
- London EC1R 0NE
- England, United Kingdom
Corporate Office
- FBC
- 40 Bowling Green Lane
- London EC1R 0NE
- England, United Kingdom
Switchd Timeline
Switchd Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
5. Later Stage VC | 28-Mar-2023 | $1.54M | Completed | Generating Revenue | ||
4. Equity Crowdfunding | 05-Nov-2021 | Completed | Generating Revenue | |||
3. Early Stage VC | 29-Oct-2019 | Completed | Generating Revenue | |||
2. Angel (individual) | 11-Feb-2019 | $624K | $813K | Completed | Generating Revenue | |
1. Angel (individual) | 27-Apr-2017 | $189K | $189K | Completed | Generating Revenue |
Switchd Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
A Ordinary | ||||||||
Ordinary | ||||||||
A Ordinary | ||||||||
Ordinary | ||||||||
A Ordinary | ||||||||
Ordinary | ||||||||
A Ordinary | 214,140 | $0.000001 | $2.71 | $2.71 | 1x | $2.71 | 10.47% | |
A Ordinary | 218,400 | $0.000001 | $0.83 | $0.83 | 1x | $0.83 | 10.67% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Switchd Comparisons
Industry
Financing
Details
Switchd Competitors (5)
One of Switchd’s 5 competitors is Look After My Bills, a Formerly VC-backed company based in Cardiff, United Kingdom.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Look After My Bills | Formerly VC-backed | Cardiff, United Kingdom | ||||
Sealed | Venture Capital-Backed | New York, NY | ||||
zolar | Venture Capital-Backed | Berlin, Germany | ||||
Span | Venture Capital-Backed | San Francisco, CA | ||||
Sunrun | Formerly VC-backed | San Francisco, CA |
Switchd Signals
Switchd Investors (13)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Conduit Connect | Impact Investing | Minority | ||
Inspired (UK) | Corporation | Minority | ||
Low Carbon Innovation Fund | Venture Capital | Minority | ||
Turquoise International | Venture Capital | Minority | ||
Vala Capital | Venture Capital | Minority |
Switchd FAQs
-
When was Switchd founded?
Switchd was founded in 2017.
-
Where is Switchd headquartered?
Switchd is headquartered in London, United Kingdom.
-
What is the size of Switchd?
Switchd has 31 total employees.
-
What industry is Switchd in?
Switchd’s primary industry is Other Energy Services.
-
Is Switchd a private or public company?
Switchd is a Private company.
-
What is the current valuation of Switchd?
The current valuation of Switchd is
. -
What is Switchd’s current revenue?
The current revenue for Switchd is
. -
How much funding has Switchd raised over time?
Switchd has raised $5.05M.
-
Who are Switchd’s investors?
Conduit Connect, Inspired (UK), Low Carbon Innovation Fund, Turquoise International, and Vala Capital are 5 of 13 investors who have invested in Switchd.
-
Who are Switchd’s competitors?
Look After My Bills, Sealed, zolar, Span, and Sunrun are competitors of Switchd.
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