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Home energy used to be just British Gas. Now there are 60+ suppliers, solar, heat pumps & batteries to consider. The Switchd mission is to demystify this complexity for households. Their MakeMyHouseGreen platform helps make homes truly green and Switchd auto-switching has already saved users £4m+!

  • MakeMyHouseGreen live for 3 months and revenues last month doubled to £6,223 (EBITDA  -£19,486)
  • We calculate £6bn UK & £300bn global green homes solutions market and growing fast
  • £19 CAC and £114 calculated lifetime revenues with Switchd auto-switching
  • Rated “Excellent” on Trustpilot (July 2021)

Idea

Going green is top of the agenda globally and our homes are 20-25% of emissions. So, to hit net zero targets, we have to make homes greener. There’s massive momentum from government, business and households.

This means energy for households is becoming even more complex. Imagine not just switching suppliers, but trying to decide whether to get solar, a heat pump or a battery. What’s the cost, energy saving or carbon impact?

We want a world where, with the push of a button, homeowners can find the right energy for them. We’re empowering users to get a green home, with MakeMyHouseGreen, and get the best deal on their remaining grid energy with Switchd auto-switching.

Our proprietary tech platform models the benefits of various green home solutions, such as insulation, and enables a smooth install experience. Our data shows we’ve really hit the button with solving the user need, backed up by incredible feedback and conversion rates.

Change is happening fast. Our energy expertise, access to data and tech capability mean we aim to be the driving force in the green home movement!

We’re backed by prominent Angels, Inspired Energy and Nationwide Building Society, who are promoting us to their 15.5m members.

This investment will allow us to accelerate platform development, including other products and ongoing performance monitoring. Plus, rapidly grow our users and lead the market.

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This pitch is approved by Crowdcube

This pitch is approved as a financial promotion by Crowdcube Capital Limited. Every pitch on Crowdcube is reviewed to ensure it is fair, clear and not misleading.

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Risk warning

Investments of this nature carry risks to your capital, including illiquidity, lack of dividends and dilution. Balance risk with a diversified portfolio. Read more. Approved as a financial promotion by Crowdcube Capital Limited, which is authorised and regulated by the Financial Conduct Authority.

Investment opportunities are not offers to the public and investors must be eligible Crowdcube members. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions. Please seek independent advice as required as Crowdcube does not give investment or tax advice.

Switchd Ltd has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Enterprise Investment Scheme (EIS) tax relief.

Tax relief is available to individuals only, with income tax relief currently set at 30 per cent of the cost of the shares for the tax year in which the investment was made. The tax reliefs can also reduce your Capital Gains Tax bill. Read More.

Availability of tax relief depends on your individual and the company’s ongoing circumstances and applicable law.