Switchee: Funding, Investors & Team (Sep 2026)
Established in 2015 at INSEAD business school, Switchee is based in London and has become the leading provider of social housing IoT solutions in the UK. The company assists major housing associations in effectively managing their property portfolios by utilizing technology to identify maintenance issues, lower energy costs, and enhance communication with tenants. With every pound spent on Switchee's services, landlords save two pounds and pass on two pounds in savings to residents. Switchee has revolutionized the way landlords engage with tenants and maintain their properties, offering solutions to address fuel poverty, dampness, mold, and HVAC malfunctions. Although primarily a software and data analysis company, Switchee has redesigned the traditional thermostat as a digital, internet-connected device that not only cuts energy expenses but also serves as a communication platform between landlords and tenants, while collecting crucial environmental data for further analysis.
Switchee has raised $6.4M across 1 funding round on record, the most recent an undisclosed round of $6.4M announced in Jul 2024.
That round is below the $7.5M median round size for Consumer Electronics companies tracked on FundedIQ over the last two years.
Switchee Company Profile and Key Stats
Latest funding round on record: Jul 2024.
Switchee Funding Rounds
Switchee Founders and Leadership Team
No contact details are on record for this team yet.
Switchee Funding Compared to Other Consumer Electronics Startups
Switchee's latest round of $6.4M is below the median round in Consumer Electronics. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like Switchee in Consumer Electronics and London
Companies Similar to Switchee
Axle's software dynamically gives flexibility to the electricity grid and adjusts energy usage to when it is…
Warwick Acoustics is a UK-based technology company specialising in the development of HighRes Audio solutions…
Fether Labs is a UK-based startup developing wrist-worn XR hand-tracking and haptic hardware. Their…
Nexeon is a battery materials and licensing company with a unique silicon anode technology. Their technology…
Iceotope has created innovation with a clear planning phase and a receptive outlook. So when we take a gander…
In addition to a single qubit, Quantum Motion is creating a scalable array of qubits on silicon using a…
WaiV Robotics develops autonomous maritime infrastructure for reliable VTOL drone operations at sea, focusing…
Castore has been created to bring a new level of performance to men’s sportswear. They are the world’s first…
DRONAMICS is a company that specializes in developing drone technology specifically for transporting cargo…
API Capacitors is a designing and manufacturing company that offers power capacitors for automotive, marine,…
RAM Innovations specialises in packaging and manufacturing services for the electronics and semiconductor…
CamGraPhIC is a integrated photonics platform supports the ever-increasing data traffic demand with low-cost,…
Switchee Funding FAQs
What does Switchee do?
Established in 2015 at INSEAD business school, Switchee is based in London and has become the leading provider of social housing IoT solutions in the UK. The company assists major housing associations in effectively managing their property portfolios by utilizing technology to identify maintenance issues, lower energy costs, and enhance communication with tenants. With every pound spent on Switchee's services, landlords save two pounds and pass on two pounds in savings to residents. Switchee has revolutionized the way landlords engage with tenants and maintain their properties, offering solutions to address fuel poverty, dampness, mold, and HVAC malfunctions. Although primarily a software and data analysis company, Switchee has redesigned the traditional thermostat as a digital, internet-connected device that not only cuts energy expenses but also serves as a communication platform between landlords and tenants, while collecting crucial environmental data for further analysis.
How much funding has Switchee raised?
Switchee has raised $6.4M across 1 round on record. The most recent is an undisclosed round of $6.4M announced in Jul 2024.
When did Switchee last raise funding?
Switchee's most recent funding round on record is an undisclosed round of $6.4M, announced in Jul 2024.
Who founded Switchee?
FundedIQ lists Adam Fudakowski (Founder) at Switchee.
Where is Switchee headquartered?
Switchee is based in London, England, United Kingdom.
How many employees does Switchee have?
Switchee is in the 51-100 employee band.
How does Switchee's funding compare to other Consumer Electronics startups?
Switchee's latest round of $6.4M is below the $7.5M median round size for Consumer Electronics companies on FundedIQ across 1,547 tracked companies over the last two years.
About FundedIQ's Switchee Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Switchee is left off this page rather than filled in.
Know who just raised. Then know who to reach.
Every newly funded startup with its round, its investors and its founders: delivered weekly by email, or searchable in the app.
Alerts from $19/mo · Pro from $99/mo. Card required, nothing charged until day 15, and we email you 3 days before that.