6 years ago
Troo Secures £300k Funding to Expand Business Energy Comparison Platform
Troo, a Newcastle, UK-based business energy comparison company, secured £300k in funding from North East Venture Fund (NEVF), Mercia, and private investors
The funding will be used to develop the Troo platform, launch its new Troo Assure service, and expand its team
Troo Assure offers 'energy as a service' by providing customers with advice on various energy-related issues
The company charges a single introduction fee rather than a commission on contract rates.
ProblemEnergy
"Businesses struggle to find the best energy renewal prices, get stuck on bad tariffs, and lack guidance on energy saving measures and compliance."
Solution
"Troo provides a platform for businesses to compare energy renewal prices and offers Troo Assure, an ‘energy as a service’ solution that provides advice, ensures businesses are on the best tariff, and automates price negotiation at renewal. "