Ecoisme is an AI home energy assistant that offers suggestions on how to reduce customers’ electricity consumption and bill costs. Detecting major home appliances, solar energy production and grid energy use, its AI provides precise and valuable tips, helping people save up to 15% on their energy bills. When integrated with other IoT devices, Ecoisme can manage them according to local tariffs and to the user's habits. The Company's solution consists of a hardware device (sensor), which captures power data in the electricity panel, and a mobile application offering processed data in an easy to understand form.

Type
Private
HQ
London, GB
Founded
2013
Size (employees)
10 (est)-9%
EcoisMe was founded in 2013 and is headquartered in London, GB
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EcoisMe Office Locations

EcoisMe has an office in London
London, GB (HQ)
Kemp House, 160, City Road
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EcoisMe Financials and Metrics

Summary Metrics

Founding Date

2013

Total Funding

$651.2 k

Latest funding size

$59.57 k

Time since last funding

7 months ago

Investors

EcoisMe's latest funding round in December 2017 was reported to be $59.6 k. In total, EcoisMe has raised $651.2 k
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EcoisMe Financials

EcoisMe's revenue was reported to be £660.46 k in FY, 2016 which is a 94.5% increase from the previous period.
GBP

Revenue (FY, 2016)

660.5 k

Revenue growth (FY, 2015 - FY, 2016), %

94.5%

Gross profit (FY, 2016)

377 k

Gross profit margin (FY, 2016), %

57.1%

Cash (30-Apr-2017)

14.2 k
GBPFY, 2014FY, 2015FY, 2016

Revenue

508.5 k339.6 k660.5 k

Revenue growth, %

(33%)94%

Cost of goods sold

318 k99.4 k283.4 k

Gross profit

190.5 k240.2 k377 k
GBPFY, 2017

Cash

14.2 k

Accounts Receivable

8.8 k

Current Assets

23.1 k

PP&E

3.1 k
GBPY, 2017

Financial Leverage

-0.3 x
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EcoisMe Online and Social Media Presence

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