Arbor

Arbor

Automates best energy-rate switching for homes

Overview

Arbor helps residential customers lower their energy bills by automatically securing the best electricity and gas rates. The service is free for users and earns a commission from its energy supply partners when it successfully switches a customer to a new plan. Arbor continuously monitors hundreds of energy rates and automatically switches users to better plans without any service interruption; users continue paying their normal utility bills but at a lower rate. It also offers Lifetime Protection, which provides ongoing rate monitoring and automatic upgrades to new low rates when current rates expire, ensuring savings over the long term. Compared with other options, Arbor costs nothing to join, runs in the background, and collects commissions from partners, making it a hands-off way to save on utilities. The goal is to help households reduce energy costs with minimal effort while ensuring ongoing access to the best available rates.

About Arbor

Simplify's Rating
Why Arbor is rated
C
Rated C on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Data & Analytics

Energy

Consumer Software

Company Size

11-50

Company Stage

Seed

Total Funding

$9M

Headquarters

Austin, Texas

Founded

2020

Your Connections

People at Arbor who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Raised $9 million seed round on September 7, 2023, led by First Round Capital.
  • Secured billion-dollar GridMarket order for 200 Halcyon turbines delivering 5 GW.
  • Targets AI data center power needs with 100 MW generation by 2030.

What critics are saying

  • GridMarket breaches from manufacturing delays forfeit penalties in 12-24 months.
  • Deregulation ends in Texas, Illinois, Pennsylvania, killing commissions in 24-36 months.
  • Vistra, Constellation insolvencies collapse retail supplier revenue in 18-36 months.

What makes Arbor unique

  • Arbor automatically switches residential users to optimal electricity and gas rates.
  • Free service earns commissions from supply partners without user costs.
  • Lifetime Protection feature monitors rates and prevents hikes indefinitely.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$9M

Above

Industry Average

Funded Over

1 Rounds

Notable Investors:
Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Above Average

Industry standards

$3.3M
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood
$9M
Arbor

Benefits

Remote Work Options

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

-5%

1 year growth

-5%

2 year growth

2%
Wilson Sonsini Goodrich & Rosati
Jun 6th, 2024
Wilson Sonsini Advises Arbor Energy on $9 Million Seed Round

On September 7, 2023, digital energy company Arbor Energy announced it has raised a $9 million seed round led by First Round Capital, with participation from Obvious Ventures, Spring Tide, and…

Recently Posted Jobs

Sign up to get curated job recommendations

Arbor is Hiring for 2 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs →