Verv

To see more information, please login

A Google-mentored service that utilises award-winning AI to track electricity usage and cost for individual home appliances and deliver the data via a smartphone app. Verv uses patented technology to gather a home’s electricity data 5 million times faster than current smart meters. The information gathered can be used to identify which appliances could be switched off to reduce unnecessary energy consumption. Verv is funded by Centrica and has sold 12k units globally to businesses such as British Gas and Dubai Electricity & Water Authority. Verv is currently trailing their technology with 6 other international energy firms, as well as a global insurance company. In addition, Verv has also received funding via 6 government grants.

Categories: , , ,
Share on:

Product Description

Verv is an intelligent home energy assistant by Green Running Ltd, a London-based team of Machine Learning experts specialising in Artificial Intelligence and high-frequency disaggregation for the energy sector. Verv has 6 patents filed and has sold units to British Gas, EDF and Allianz.

Learn more

Investment goal:
350 000 €

Funded:
463 210 €

Funded percent:
132%

Valuation:
20 900 000 €

Country:
United Kingdom

HighCastle is entirely FREE to use. If you are an investor, HighCastle can be used to discover a variety of alternative finance platforms from across Europe.
You do not need to verify your identity in order to use HighCastle as a discovery tool, however, you will need to verify your identity (KYC, AML) at your account page should you wish to invest in any of the investment opportunities on display.

Got something to discuss?