Details

Last Funding Type

Grant

Last Funding Money Raised

$1M

Industries

Artificial Intelligence,Big Data,Consumer Software,E-Commerce,Energy,Home Improvement,Internet of Things,Machine Learning,Marketplace,Smart Building

Founded date

Apr 1, 2015

Number Of Employee

11 - 50

Operating Status

Active

PowerScout is an AI-driven marketplace for smart home improvement. Technology-enabled smart home improvement, which includes efficiency-focused upgrades such as solar power, electric storage, electric vehicle charging, energy efficient heating, cooling and windows and water efficient appliances, represent the fastest growing segment within the $328Bn U.S. home improvement market. This segment is expected to reach $110Bn in annual revenues in 2021.

PowerScout leverages artificial intelligence and 100Bn data points to model savings to help consumers understand their smart home improvement options and let them purchase with confidence by providing value-added content and competitive bids from a curated list of best-in-class installation service providers. PowerScout aims to make consumer decisions around smart home improvement as easy as Credit Karma made finding the perfect credit card.

PowerScout is founded by a veteran team with deep experience in digital marketing, data science and software engineering. PowerScout is the recipient of two large grants from the U.S. Department of Energy.