Company description
At kWhOURS, we build software applications for commercial and industrial energy professionals that enables faster, higher quality and more profitable building assessments
Team
Colin Davis – CEO, Founder, x-energy auditor
Shobin Uralil – CFO, Founder, x-Sempra Energy
Greg Davis – BD, Founder, x-Gerson Lehrman Group
Product Team - 7
(5 Software Developers, 2 Building Scientists)
Sales Team – 3
(1 x-EnerNOC/Autodesk, 6x Startup VP Sales)
Board
(x-Gen Partner VC @NGEN)
Advisors - 4
(CEO @Reputation.com, x-Exec VP @SCIENERGY,
VP @Schneider Electric)
Business model
We sell direct to our largest customers (large engineering service).
Our largest customers are also our channel to the rest of the fragmented market through their vast sub contractor networks. Another channel/customer is a leading continuos monitoring and fault detection company.
Our focus is the 50 largest engineering service firms in the US. We currently have 2 enterprise relationships and 5 pilots in progress with 7 of these companies.
All of these groups have to survey buildings we save them 30-40% of the time it takes to perform the survey and analysis.
The annual recurring revenue and a value of an individual user is $5.5k+.
Competitive advantage
We have spent 3 years looking long and hard at this market and industry. We have generated revenue with our current product. We have discovered through an extensive customer discovery and validation effort the two innovation that will enable kWhOURS to increase our customer life time value, reduce friction to adoption and deliver the product the industry wants.
Investors