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Arbor

Arbor

Automates energy rate switching for savings

About

Arbor helps residential consumers save money on their electricity and gas bills by automatically finding the best available rates. Users sign up for free, and Arbor monitors energy rates, switching them to better plans without any extra effort. The service includes a feature called "Protection," which provides lifetime monitoring and automatic upgrades to new low rates, ensuring users avoid future rate increases. Arbor stands out by offering a hassle-free, no-cost solution for energy savings.

Company Stage

Seed

Employees

11-50

Industries

Data & Analytics, Hardware, Energy, Social Impact

Total Funding

$9M

Headquarters

N/A

Founded

2020


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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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