Span

Smart electrical panel for energy management

San Francisco, California, United States

About Span

Span provides solutions for homeowners to manage and reduce their energy costs through its main product, the SPAN Panel. This smart electrical panel allows users to monitor and control their energy usage on a circuit-by-circuit basis via the SPAN Home App. The panel integrates with existing home energy systems, including storage systems and electric vehicle (EV) chargers, enabling homeowners to schedule EV charging during off-peak hours and prioritize essential circuits during power outages. Span's approach focuses on helping homeowners save on energy bills, claiming potential reductions of 15%, while also extending battery life by 40%. Unlike competitors, Span offers a program for electricians to become SPAN Authorized Installers, providing them with training and support, which creates additional revenue opportunities. The goal of Span is to empower homeowners, especially those in older homes, to upgrade their energy systems efficiently and cost-effectively.

San Francisco, CaliforniaHeadquarters
2018Year Founded
$223.5MTotal Funding
SERIES_BCompany Stage
EnergyIndustries
201-500Employees

Benefits

Competitive salary
Comprehensive benefits
6-month parental leave
Unlimited PTO
Teambuilding & career growth

Risks

Increased competition from established smart home companies threatens Span's market share.
Volatile housing market may impact demand for Span's products.
Reliance on Jabil for manufacturing poses supply chain risks.

Differentiation

Span's SPAN Panel offers real-time energy management, unique in the smart home market.
Integration with existing home systems sets Span apart from traditional energy solutions.
Span's partnerships with major builders enhance its market presence and credibility.

Upsides

Partnership with PulteGroup boosts Span's reach in new home construction.
Collaboration with Jabil ensures scalable manufacturing to meet growing demand.
Expanded product line caters to diverse customer needs, increasing potential sales.