Arbor

Automates energy rate switching for savings

Austin, Texas, United States

About Arbor

Arbor helps residential consumers save money on their electricity and gas bills by automatically finding and securing the best available rates. The service works by monitoring energy rates and switching users to better plans without requiring them to actively manage their energy choices. Users sign up for free, and Arbor earns a commission from energy suppliers when they successfully switch a customer. This means users can enjoy lower energy costs without any extra fees. Arbor's process is designed to be effortless; once registered, users benefit from automatic rate monitoring and seamless transitions to new plans, ensuring they always pay the lowest rates. Additionally, Arbor offers a feature called "Protection," which provides lifetime monitoring and automatic upgrades to new low rates, helping users avoid future rate increases. The goal of Arbor is to provide a simple, hassle-free solution for consumers to reduce their energy expenses.

Austin, TexasHeadquarters
2020Year Founded
$8.8MTotal Funding
SEEDCompany Stage
EnergyIndustries
11-50Employees

Benefits

Remote Work Options
Flexible Work Hours

Risks

Increased competition from new entrants could erode Arbor's market share.
Regulatory scrutiny on commission-based models may impact Arbor's revenue.
Data privacy concerns could affect consumer trust in Arbor's services.

Differentiation

Arbor offers a free service with automatic energy rate switching for consumers.
The company provides lifetime rate monitoring and automatic upgrades to new low rates.
Arbor's seamless process requires minimal effort from users, enhancing user experience.

Upsides

Arbor raised $9 million in a seed round, boosting its growth potential.
Deregulation in U.S. energy markets expands Arbor's potential customer base.
Rising energy price volatility increases demand for Arbor's price stability services.

Funding

Total raised$8.75 M
Latest valuation$45.00 M
StageSEED