Meet measurable.energy tackles a significant business challenge—reducing energy waste and carbon emissions—with its innovative smart socket technology. This UK-based company is committed to empowering businesses to cut energy costs and operate sustainably. measurable.energy is primed for global expansion, with a focus on Southeast Asia, the USA, and Europe.
Innovation at its Core – The Smart Socket:
The AI-powered smart sockets from measurable.energy detect idle appliances and automatically cut power, preventing unnecessary energy waste. The results? Up to 50% reduction in energy costs and carbon emissions—a game-changer for sectors like hospitality, healthcare (NHS), and commercial real estate. Did you know that in office spaces, plug power alone accounts for 40% of total energy use, with nearly half of it being wasted? Measurable Energy provides an intelligent, scalable solution to address this inefficiency.
Growth and Vision:
The company has already gained traction, securing contracts with major players such as Balfour Beatty Vinci, Morgan Sindall, and PKF Francis Clark. With increasing global demand for clean energy tech, the startup aims to lead the cleantech market by delivering financial benefits alongside environmental impact. Supported by prominent investors, including Roger Ferguson, former Vice-Chair of the US Federal Reserve, MeasurableEnergy’s 10x revenue growth since its first funding round in 2023 reflects its momentum.
Leadership at Measurable Energy:
At the helm of the company are Dan Williams (CEO & Co-founder) and Josh Eadie (Co-founder & CTO), backed by a robust team including Dave Wardell (CCO),Adam Wright (Product Director ),Robert Smart (Head of Engineering), ,Karen Bach (Non-exec Chair ), Tammy Ringland (Account Manager),Richard Terkovič(Embedded Software Engineer),Tracy Sambrook (CFO), Their mission? To empower businesses worldwide with smart energy solutions that align with sustainability goals.
Tackling Energy Waste with Smart Technology
At the heart of Measurable Energy’s solution lies its innovative smart socket technology. Equipped with AI-powered detection capabilities, these sockets intelligently identify and automatically cut power to idle devices, significantly reducing energy consumption and carbon emissions. By targeting the often overlooked yet substantial energy drain from plug power, the company’s technology offers a simple yet impactful solution for businesses across various industries.
Industry Recognition and Future Prospects
Measurable Energy has already garnered significant industry recognition and has secured contracts with major companies like Balfour Beatty Vinci, Morgan Sindall, and PKF Francis Clark. With the support of renowned investors, including Roger Ferguson, a former Vice-Chair of the US Federal Reserve, the company is well-positioned to capitalize on the growing global demand for sustainable energy solutions.
A Global Impact
The newly acquired funds will enable Measurable Energy to accelerate its international expansion, with a particular focus on South East Asia, the USA, and Europe. The company’s technology is particularly well-suited for sectors such as commercial real estate, hospitality, and public services, where energy efficiency and sustainability are top priorities.
Funding Details:
Measurable Energy has raised £4 million in a funding round led by Vertex Exploratory Fund and Clean Growth Fund. This investment will fuel the company’s global expansion and accelerate the development of its AI-powered smart socket technology and solidify its position as a leader in the energy efficiency sector.
A Brighter Future for Energy Efficiency
As the world increasingly focuses on reducing carbon emissions and achieving net-zero targets, innovative solutions like Measurable Energy’s smart sockets will play a crucial role in driving energy efficiency and sustainability. By empowering businesses to optimize their energy consumption, the company is not only contributing to a greener planet but also helping organizations reduce operational costs.
