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Rabot Charge

Dynamic electricity tariffs

Rabot Charge logo
21-100 employees
  • B2C
  • Artificial Intelligence
  • Energy
  • Sustainability
Altstadt, Hamburg, Germany

Company mission

To make smart and sustainable electricity consumption accessible to everyone and drive forward the expansion of renewable energy to combat climate change.

Our take

To support the transition to renewable energy, Rabot Charge supplies AI-powered dynamic tariffs that enable consumers to use electricity when it is its cheapest. This is more environmentally friendly because it also corresponds to when more solar and wind power is available.

The company enables this because it buys electricity at short notice via the day-ahead and intraday energy markets, allowing it to make use of hourly price fluctuations. Rabot's customer can power large appliances or charge their electric vehicles when prices are at their lowest, thus saving them money on their energy bill. This also means that more households can access renewable power without major changes to their energy usage habits.

Although it is not the only company delivering dynamic pricing for electricity, Rabot Charge has seen consistent investment over the years which suggests it is doing something right. The latest influx will support the further development of its algorithm to enhance its ability to find the best prices.

Steph headshot

Steph

Company Specialist at Welcome to the Jungle

Benefits

  • Be part of a motivated team with a flat organizational structure and openness to new ideas and solutions
  • Modern and very well-equipped offices
  • Hybrid work
  • Comprehensive training, regular team meetings and transparent communication
  • Deutschlandticket
  • Free hot and cold drinks, snacks and fruit in the office
  • Great startup atmosphere with table tennis and team events
  • Urban Sports Club membership
  • “Employees recruit employees” bonuses
  • Grow with us and shape the energy supply of the future

Company values

  • Flexible
  • Innovative
  • Ecological

Funding (last 2 of 4 rounds)

Jan 2024

$18.1m

SEED

Apr 2023

$1.6m

SEED

Total funding: $22.8m

Leadership

Also Co-Founder of Wechselpilot, and Co-Founder and Managing Director of Rabot Energy. Former Senior Portfolio Manager for Kom-Solution, and Energy Trading Analyst at BKW FMB Energie.

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