Labrador, a London, UK-based company that leverages smart technology to automate and personalize energy switching, received a growth capital investment from Livingbridge.
The amount of the investment, made via the Baronsmead Venture Trusts, was not disclosed.
The company intends to use the funds to continue to expand operations.
Founded by CEO Jane Lucy in 2016, Labrador provides a fast and efficient switching service completely free to the consumer using more accurate energy consumption data, making switches accurate. Once a customer is registered, the household tariffs are automatically monitored against available market tariffs, ensuring consumers are on a cheap energy tariff.
FinSMEs
14/09/2018