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EnPowered

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EnPowered
Enpowered Logo Color.svg
ISIN🆔
IndustryEnergy
Founded 📆2015; 6 years ago (2015)
Toronto, Ontario, Canada
Founder 👔
Headquarters 🏙️Waterloo, Ontario, CA
Area served 🗺️
Key people
  • Tomas van Stee (President)
  • Bogdan Zadorozhny (Director of Marketing)
  • Paolo Mojica (Lead Software Developer)[1]
Members
Number of employees
🌐 Websitewww.en-powered.com
📇 Address
📞 telephone

EnPowered is a Canadian energy management organization, established in 2015. The company groups together consumers and businesses to get a lower group-buying rate for energy and control their energy usage as well as costs.

It was founded by Tomas Van Stee in 2015 in Toronto,[2] before moving to the Velocity Incubator at the University of Waterloo.[3][4]

In the summer of 2016, EnPowered began working with consumers in Ontario in an open-beta.[5][6]

The company introduced the group-buying system, where customers that use at least 50 percent of their electricity during the day are placed in one group. The group then turns into a larger volume with more customers added, allowing them to pay less.[7] According to the company, users are mandated to sign up with their local hydro account number.[8][9]

According to The Record's Terry Pender, in an effort to reduce electricity bills for customers in Ontario, the company in 2019 "launched a software platform that uses artificial intelligence (AI) to navigate a complicated energy conservation program".[10]

References[edit]

  1. https://crunchbase.com/organization/enpowered
  2. "EnPowered Launches into Energy Saving - StartUp HERE Toronto". StartUp HERE Toronto. 9 May 2016. Retrieved 18 July 2017.
  3. "Why I made my StartUp Pledge | StartUp Pledge". StartUp Pledge. 4 November 2016. Retrieved 18 July 2017.
  4. "Eye on electricity rates | Tomas van Stee, HBA '13". Ivey Business School. Retrieved 18 July 2017.
  5. "New business says group-buying will save some homeowners money on hydro, gas bills". Ottawa Sun. Ottawa Sun. Retrieved 2016-12-20.
  6. "EnPowered launches into energy saving – Velocity". velocity.uwaterloo.ca. University of Waterloo. May 10, 2016. Retrieved 2016-12-20.
  7. Stevenson, Verity (July 15, 2016). "Group-buying hydro startup hopes to cut bills". thestar.com. Toronto Star. Retrieved 2016-12-20.
  8. Stevenson, Verity (15 July 2016). "Group-buying hydro startup hopes to cut bills | OurWindsor.ca". OurWindsor.ca. Retrieved 18 July 2017.
  9. Butler, Don (2016-05-02). "New business says group-buying will save some homeowners money on hydro, gas bills". Ottawa Citizen. Retrieved 2016-12-20.
  10. Pender, Terry (2019-02-07). "AI Platform Powers Savings For Kitchener Startup's Customers". The Record. Retrieved 2019-02-19.


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