PowerX
PowerX offers an app that provides a unified view of all energy, devices, and water outlets running in any home. PowerX’s patent-pending AI technology saves money by learning the routine, automatically optimizing the water heating and providing solutions to help save money and be more efficient. PowerX helps to identify the individual appliances and water outlets like a garden faucet that are driving up the utility bill each month. The company was founded in 2020 and based in Brooklyn, New York.
PowerX
PowerX offers an app that provides a unified view of all energy, devices, and water outlets running in any home. PowerX’s patent-pending AI technology saves money by learning the routine, automatically optimizing the water heating and providing solutions to help save money and be more efficient. PowerX helps to identify the individual appliances and water outlets like a garden faucet that are driving up the utility bill each month. The company was founded in 2020 and based in Brooklyn, New York.
TL;DR
Founded: 2020
Headquarters: Brooklyn, New York, United States
Product: Precision sensors + mobile app for electricity, gas, and water monitoring
Tech: Patent-pending AI that identifies appliances/outlets and optimizes water heating
Team size: 17 employees (reported)
Funding: Total reported: 8,000,000.00 USD; stage: Seed
Company Overview
Problem Domain
Home utility monitoring and energy/water efficiency
Founded
2020
Industry
Smart home / Energy management
Tech Stack
Funding Track Record
400000.00 USD
Raised prior to April 2021.
4000000.00 USD
Round included participation from Antler and Y Combinator.
Seed round listed on company financial records; amount not publicly disclosed.
Investor Signal
“Seed-stage backing from institutional investors including Spring Tide Capital and Antler; investor base includes venture firms and accelerator/angel participants.”