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Perswitch talks about Global Expansion


Today, Andrew is joined by Jane Lucy (CEO & Co-Founder - Perse Technology Ltd.) to learn all about the challenges she has faced as a co-founder and what previous experience she has and how that assisted her journey when co-founding Perse Technology Ltd. Learn about how Perse Technology Ltd. enables people to automatically buy, store or sell energy at the best commercial rates and with the lowest carbon impact.

***Be advised - Since the recording of this podcast the Company name has changed from Perswitch Ltd. to Perse Technology Ltd.

About Perse Technology Ltd.:
Perse Technology Ltd. is a B2B data service that enables individuals and businesses to automatically buy, store or sell energy at the best commercial rates with the lowest carbon impact.

The Company has built a solution, under the brand name Labrador, that allows energy consumers (both business and domestic) to automatically and quickly change energy tariffs to the most suitable, cheapest and greenest alternative. The solution is apparently easier to use than current switching options and has already been validated by a Price Comparison Website the Company is in contract talks with.

Fundamentally, this is a big data play. The Company will automatically get consent from the end energy consumer to collect their energy usage data, which can then be monetised. The Company aims to collect more and better quality data, achieved by their go-to market plan.

The market potential is significant, with Perse Technology Ltd. estimating that consumers could save C.£400p.a., SMEs saving circa £3,000p.a.and larger industrial companies potentially able to save ten of thousands of pounds. With Perse Technology Ltd. charging on a transaction basis, based on consumption, revenue multiples are significant in the UK alone.

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Supporting growth-focused companies and entrepreneurs has never been more important, but it is important to understand the people and ideas behind such investment opportunities.

Join the Deepbridge Capital team each week as they discuss all things Deepbridge, speak with various investment experts within the company and discover more about the founders and CEOs’ running the portfolio companies Deepbridge invests in. Each episode contains an informal conversation to understand how these leaders and teams perform in order to achieve their goals. Investments in early-stage companies are illiquid and high risk – investors could lose all of their capital.