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Switchee

Smart thermostat for affordable housing

Switchee logo
21-100 employees
  • B2B
  • Enterprise
  • Energy
  • Sustainability
  • Social Impact
London, UK

Company mission

To empower residents to reduce their energy consumption and give landlords the tools to provide exceptional homes.

Top investors

40% female employees

21% employee growth in 12 months

Our take

Unlike most of its competition, Switchee is targeting large landlords, initially within the social housing sector. The company sells its hardware directly to landlords, who then give it to their residents for free. With this, Switchee also sells access to its landlord SaaS dashboard which aggregates sensory data from Switchee thermostats and presents housing management and welfare alerts. These data insights allow landlords to better understand and manage their large housing portfolios, and the communities they house, more efficiently.

Switchee's technology allows social landlords both tackle fuel poverty amongst their residents and as part of their social remit, and to provide a scalable technology solution for managing their properties. This includes something akin to an early warning system for common housing stock maintenance issues, such as mould, poor insulation, or a failing boiler.

Having formed in 2016, the company currently works with over 90 housing associations across the UK. Recently, Switchee won the “Vulnerable Customer Support” Award at the London Energy Efficiency Awards for its front line support service. The company takes in excess of 1100 calls a day, ranging from troubleshooting heating issues to helping residents understand eligibility for fuel vouchers or the Warm Homes Discount.

Kirsty headshot

Kirsty

Company Specialist at Welcome to the Jungle

Benefits

  • Quarterly Company Retreats - Regular overnight stays with team building and entertainment. One of our retreats a year lasts for an entire week and we typically go abroad!
  • Work From Home Equipment - We will cover the costs of an ergonomic set-up for your home office workspace
  • Learning & Development - We are always pushing for L&D, you will be assigned your own budget, monthly books & career development coaching
  • Share Options - Share Options form a part of your compensation package. All of us have a piece of our success
  • Matching Charity Donations - Movember Challenge, Annual Auction of Promises for donations to the Mind charity and other initiatives will be organised throughout the year
  • Access to ThanksBen - Our benefits platform provides you with plenty of discounts as well as access to coaching, yoga, nutrition, exercise and other sessions for free
  • Hybrid Working - At Switchee we work in the New Hybrid way. You will be remote-first with an ability to get a desk space in our central office at Somerset House, London
  • Enhanced Family Leaves - Switchee is offering enhanced Maternity and Paternity Leaves. That coupled with our flexible working and a hybrid model will allow you to spend as much time with your family as you need
  • Unlimited Holidays - Unlimited Holidays are awesome for you to take as much time to rest and take care of yourself as you need. We check that all of our team members are taking a minimum of 25 days of holidays per year
  • Spill - Mental Health - Switchee cares about your mental health and on top of the various adjustments we have already introduced such as Flexible Working hours, Wellbeing Wednesdays, Wellbeing channel on Slack, various initiatives and polls, we are also offering you access to Spill where you can reach a therapist and speak about anything that's on your mind!

Company values

  • Trusted - We are self-motivated and dependable, and can manage our own schedule and priorities. We can chose to work from home but are sensitive to team dynamics and being present for others. Our team mates trust us to give them direct and honest feedback. Our customers and users trust us to use their data for good
  • Nimble - We build and test things with customers early, we learn quickly and we iterate fast. We accept that it’s normal for things to go wrong but we work hard to correct issues we encounter. We are natural optimists and believe it is always possible to succeed
  • Self-Aware - We have a strong desire to learn and continuously improve –we seek out feedback from others and use it to develop ourselves positively. We are open and show and share personal weakness in order to overcome it. We don’t take ourselves too seriously!
  • Compassionate - We are focused on achieving our social mission. We have a genuine care for our users and we are quick to spot when team mates need help. In moments of difficulty we remain calm and collected, allowing us to find the best solution: we don’t let our judgement be clouded by personal anger, stress or worry
  • Truth Seeking - We always look through blockers and challenges to get to the fundamental issues and truths of a situation. We are not afraid to challenge authority. We may have strong opinions, but we hold them lightly and listen to others. We pride ourselves in our ability to sensitively and directly speak the truth to each other and our customers. Wherever we are or whomever we are talking to we are clear: the best idea always wins

Funding (last 2 of 7 rounds)

Jul 2024

$6.4m

EARLY VC

Oct 2022

$8.3m

EARLY VC

Total funding: $20.9m

This company has top investors

Leadership

Adam Fudakowski

(Executive Chairman)

Manufacturing Engineering degree from the University of Cambridge and an MBA from INSEAD business school. Prior to Switchee, Adam co-founded a medical device company (where he is still a Director) and worked at the Boston Consulting Group.

Tom Robins

(CEO, not founder)

Extensive experience as a CSO and a CDO with experience in business development. They're currently the Governor - Member of the Audit Committee at WM College. Initially recruited as the Chief Strategy Officer prior to being promoted to CEO at Switchee.

Diversity, Equity & Inclusion at Switchee

  • We regularly conduct Inclusion & Diversity Seminars with expert speakers
  • We host an Inclusion & Diversity onboarding session for all new starters
  • We recommend our team to read the best books in the industry on I&D when they first start
  • We have committed to forming an I&D Committee to implement our I&D Strategy in FY2023
  • We are a Disability Confident Employer
  • We are a Living Wage Employer
  • We are awaiting our B-corp certification

Endorsements

All

Flexible working (3)

Meaningful work (2)

Focus on employee wellbeing (2)

Career progression (1)

Nice people (1)

Hard working team (1)

My opinions are valued (1)

Open and honest communication (1)

Supportive management (1)

People of all backgrounds are welcomed (1)