Symbiot Technology logo — Optimizing home energy use through advanced IoT technology,...

Symbiot Technology

Optimizing home energy use through advanced IoT technology, aiming to save 30% on residential consumption while enhancing utility demand response programs.

Founded 2016 Seed Total: $700.00K Energy, Internet +1

General Information

Company Name Symbiot Technology
Founded Year 2016
Industries Energy, Internet, Renewable Energy
Funding Stage Seed
Social

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About Symbiot Technology

Symbiot Technology is a forward-thinking enterprise poised to redefine residential energy consumption. With its inception in 2016, the company has carved a niche in the Energy, Internet, and Renewable Energy sectors.

Their innovative platform leverages their proprietary IoT devices, along with renowned third-party products like Nest, to optimize home energy use, aiming for a compelling 30% reduction in consumption. This service not only benefits homeowners but enhances the demand response programs of utility companies.

Headquartered locations and staffing details remain undisclosed. The company's recent infusion was a $700.00K Seed Round investment, finalized on 03 March 2018, courtesy of investors Artesian and EnergyLab. Symbiot's approach to blending advanced IoT solutions with user-friendly energy management strategies positions it as a promising contender in the effort to address modern energy challenges.

Taxonomy: Home Energy Optimization, IoT Technology, Energy Efficiency, Demand Response Programs, Smart Home Devices, Residential Energy Consumption, Automated Energy Management, Utility Partnerships, Energy Saving Solutions, IoT Device Integration, Energy Use Monitoring, Smart Thermostat Integration, Utility Demand Management

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 2
Investor Investor
03 Mar 2018

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FAQ About Symbiot Technology

Optimizing home energy use through advanced IoT technology, aiming to save 30% on residential consumption while enhancing utility demand response programs.
Symbiot Technology was founded in 2016.
Symbiot Technology operates in the following industries: Energy, Internet, Renewable Energy.
Symbiot Technology has completed 1 funding round, raising a total of $700.00K. The latest funding stage is Seed.
Top alternatives and competitors to Symbiot Technology include gridX, Abhiyantrik Solutions, gridX, Kuppa, SCHWARM Technologies Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Symbiot Technology and gridX are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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