Span

Span

Smart electrical panel for energy management

About

Span offers homeowners a way to manage and reduce their energy costs with the SPAN Panel, a smart electrical panel that allows for real-time monitoring and control of energy usage through the SPAN Home App. This panel integrates with existing home energy systems, enabling features like scheduling EV charging during off-peak hours and prioritizing essential circuits during power outages. Span differentiates itself by providing a program for electricians to become SPAN Authorized Installers, which includes training and support. The company's goal is to help homeowners save on energy bills and extend the life of their energy systems.

Company Stage

Series B

Employees

201-500

Industries

Energy

Total Funding

$223.5M

Headquarters

San Francisco, California

Founded

2018


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Simplify's Take

What believers are saying

  • Partnership with PulteGroup boosts Span's presence in new home constructions.
  • Collaboration with Jabil enhances Span's production capacity and product availability.
  • Expanded product line caters to both retrofit and new home construction markets.

What critics are saying

  • Increased competition from established smart home companies like Google and Amazon.
  • Reliance on Jabil may expose Span to supply chain vulnerabilities.
  • Ambitious goal to electrify 10 million homes by 2030 may face regulatory challenges.

What makes Span unique

  • Span offers real-time energy management with its SPAN Panel and Home App.
  • The SPAN Panel integrates with existing home systems, including EV chargers and storage.
  • Span's Authorized Installer Program provides advanced training and support for electricians.

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Growth & Insights
Headcount

6 month growth

-12%

1 year growth

-14%

2 year growth

8%

Benefits

Competitive salary

Comprehensive benefits

6-month parental leave

Unlimited PTO

Teambuilding & career growth

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