Why do we love them?
Momit is our first international portfolio company, hailing from Spain. They are coming to Energy Excelerator with a significant amount of traction in Europe, seeking to bring their smart home technologies to end users, OEMs, and utilities in the U.S. and Asia Pacific markets. Momit Cool focuses on elegant design and occupant comfort as a first priority – and happens to save the average customer 30% on their electric bill.
Tell me about the technology.
momit’s smart hardware and cloud-based platform control a home’s temperature, air conditioning, and heating boilers. Their hardware and software incorporates geolocation, presence sensors, and budget management functions to increase comfort and reduce energy consumption.
Where are they based?