Arbor

Arbor

Automates energy rate switching for savings

About

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 signed up, 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.

Company Stage

Series A

Employees

11-50

Industries

Energy

Total Funding

$8.8M

Headquarters

N/A

Founded

2020


Simplify Jobs

Simplify's Take

What believers are saying

  • The recent $9 million seed round led by prominent investors like First Round Capital and Obvious Ventures indicates strong financial backing and growth potential.
  • Users can save an average of $250 per year on their energy bills, making Arbor's service highly attractive for cost-conscious consumers.
  • The 'set it and forget it' model offers a hassle-free experience, likely leading to high user satisfaction and retention.

What critics are saying

  • The business model relies on commissions from supply partners, which could be affected by changes in partnership agreements or market conditions.
  • The energy market is highly competitive, and larger players could introduce similar automated switching services, eroding Arbor's market share.

What makes Arbor unique

  • Arbor's service is entirely free for users, unlike many competitors who charge fees or require subscriptions.
  • The company offers a seamless, automated process that requires minimal effort from consumers, setting it apart from services that require manual monitoring and switching.
  • Arbor's 'Protection' feature ensures lifetime rate monitoring and automatic upgrades, providing continuous savings without user intervention.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%

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