# Power2Switch: Information technology & services, Chicago, United States

> Power2Switch: Power2Switch is the easiest way to switch your electricity supplier and save money on your electric bill. Based in Chicago, United States.

Source: https://millionrounds.com/startup/power2switch (Millionrounds; every figure on the page links to its filing or article)

United States · [Information technology & services startup](https://millionrounds.com/companies)

# Power2Switch

Power2Switch is the easiest way to switch your electricity supplier and save money on your electric bill.

Email

Funding reported Last round: Seed

Information technology & services Chicago, United States

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Company summary

- **Founded:** 2009 17 years old
- **Team:** 1 1 to 10 people
- **Funding reported:** $1.6M in dollars
- **Last round:** Seed Dec 2011

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Power2Switch has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Power2Switch

Power2Switch is the easiest way to switch your electricity supplier and save money on your electric bill.

In five short minutes you can compare the widest variety of rates and save 20% or more, all with one simple click. Excelerate Labs Class 2011, Chicagoland Entrepreneurial Center Cluster Acceleration Program (CAP 20) Company, Illinois Smart Grid Cluster Company. Acquired by Choose Energy Inc (Sept 2013)

## What company datasets say Power2Switch raised

Funding, as reported

Reported in all **$1.6M** in dollars

Rounds **3**

Last round **Seed**

Last round size **$75K**

Last round date **Dec 2011**

Investors listed **5**

SEC Form D **$225K sold, 3 filings, last Nov 2011**

## Founders and team

From the SEC filings it signed: 1 on the team.

- **OluSeyi Fabode** Executive Officer, Director i

On the board, as filed i *Phillip Nevels*

## The company, in detail

What they build

Known for

clean energy & technology information technology & services energy management environmental services oil & energy b2c energy efficiency local services energy use monitoring management technology startups energy energy cost savings marketing & advertising renewables & environment sales

Built with from their website

Google Tag Manager Amazon CloudFront WordPress.org Viewport Meta New Relic Insights webpack New Relic Twilio SendGrid Email Marketing Campaigns Priority Hints React

+8 more

Microsoft Exchange MySQL Microsoft 365 Apps & Services Mobile Friendly Bootstrap Open Graph Amazon Route 53 Attentive

- **Sector:** Information technology & services
- **Region:** Illinois
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/power2switch)

## How it ended, so far

Exit

Exit Buyer Price When

Acquired Choose Energy undisclosed Sept 2013

## Information technology & services in United States

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- [**Cursor** San Francisco · founded 2017 *Raised*](https://millionrounds.com/company/cursor)
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- [**Cognition** San Francisco *Raised*](https://millionrounds.com/company/cognition)
- [**Polymarket** New York · founded 2020 *Raised*](https://millionrounds.com/company/polymarket)
- [**Harvey** San Francisco · founded 2022 *Raised*](https://millionrounds.com/company/harvey)

## Is this your company?

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