An IoT energy management system

Gregor Hoefter - Founder / CEO

gregor@gridduck.com

Backed by

Companies are wasting a huge amount of energy…

…wasting money and causing unnecessary CO2 emissions.

They can save up to 30% of their energy bill by only using electrical appliances when needed

GridDuck’s software platform can monitor and control thousand of appliances

GridDuck uses 3rd party ZigBee wireless hardware for measurement & control

16A relayDashboard and API Hub Fridge

Example: University of Surrey student unionSwitching off drinks fridges from 6pm to 3am saves 35%. Payback just over 1 year

• Saving on all 20 fridges would be £1,500 per year, with a carbon saving of 5.7 tonnes of CO2(e)

• Cost for all 20 fridges £1,600 one-off, plus £120/year. Payback just over 1 year

Example: Hilton Doubletree Marble ArchMeasurements to identify savings opportunities

• System installed for 2 months in café, while energy consultant identifies savings

• Opportunities include coffee machine, hot water boiler and drinks fridges

Example: Air Conditioning units in BangkokDemand Response project with Thai university & Korean demand response software company

• 26 participants - offices and apartments

• Trial to interrupt air con at peak times for 5 to 15 mins

• Survey to understand if any impact on residents/office workers

Commercial Traction

Installed Base: 60 sites Sales Pipeline Channel Partners

£15,000 revenue since April. Another £15,000 confirmed, £85,000 at proposal stage (via partners)

Market Size

£30bn

£9bn

2015 2024

13% annual growth

GM Insight 2017 and Intel 2016

£30bn global energy management systems market growing at 13% per year, from a very low base

Only 10% of US commercial buildings in the USA have a Building Management System (BMS).

Reason: costs are too high and expected return on investment too low

GridDuck has shown to provide an ROI even for small units, such as coffee shops

GridDuck market size: the remaining 90% of commercial buildings worldwide

Competitive PositionWe are the only solution capable of centrally monitoring and controlling individual appliances across a large number of sites.

Gregor Hoefter - CEO + FounderSmart Home Product StrategySenior Manager, Product & Innovation, T-MobileEx-Financial Analyst

Nick Butlin, Non-Executive AdvisorEnergy Systems ExpertCo-founder EVEnergi Ex-CTO Tempus EnergyEx-COO Kiwi Power

Richard Tolley - CTO + Co-FounderFull-stack software architectHead of Platform, WIREWAXWarehouse Systems Engineer, Ocado

Hugh Dunphy - Software EngineerBuilding Engineer, AecomMEng Mechanical Engineering

Alex Jefferies - CPOCreative & Product ManagementCTO, UTC HubHead of Customer Success, WIREWAX

Team

John Greenall PhD, Non-Executive AdvisorArtificial Intelligence ExpertDirector AI Investments, AIGHead of Machine Learning, WIREWAX

Funding Requirement

£1 millionDriving Revenue

Finance controller (p/t)

Full-stack software engineerDevelop product further to cut costs and enable scale

Interested/Committed Angels

For an 18 month runway to grow our revenues and evolve our product

Channel developerOn-board energy consultants and facility managers

Ian Marchant

ex-CEO of SSE plc

Chris Goodall

ex-Chair of ChargePoint

Neil Williams

Tilix.uk

Evolving the product

Front end & App developerCreate installer application

Direct sales personOn-board corporate energy managers

Gregor Hoefter - Founder / CEO

gregor@gridduck.com

Backed by

Thank you