Powur

Powur is aiming to solve the solar industry’s sales problem.

The Problem:
Solar companies have tried and failed to acquire customers profitably. A solar power system for your home is a huge investment. Yet, big solar companies burn money on TV spots, internet ads, and partnerships at big box retailers like Costco. Nobody is going to spend $20,000 while pushing their cart at Costco.

The Solution:
Direct sales is the best way to educate people about new products and industries because it's a one to one relationship that fosters trust and real learning. Powur is a platform that provides solar companies with well educated passionate sales people on the ground in communities all over the country allowing them to network at scale.

Powur connects Solar Advisors (independent 1099 contractors), residential homeowners, and an established network of Solar providers / installers, and it keeps 30% of all the revenue that transacts across its platform.

This direct sales model gives it an ability to scale solar customer acquisition without the massive infrastructure cost associated with vertically integrated models.

Basically, anyone with a passion for solar can earn income as a Powur Solar Advisor referring warm leads. In this way:

Solar companies get warm leads at an affordable price...

Homeowners learn about solar from an educated neighbor rather than the aggressive salesman at Costco...

And Powur earns a cut of every sale.

The solar industry is on the cusp of exploding — only 2% of modern homes use solar and it's finally affordable enough for mass adoption.

Powur's mission is to accelerate the adoption of sustainable energy world wide and help 2,000,000 homeowners save money and gain energy independence.

As Dean Rosenberg, CEO of Venture San Diego and Vice President of prominent angel group Tech Coast Angels said, "I was inspired by Jonathan Budd and his vision for Powur the first time I met him. Since then I have seen him transform his vision into reality and have watched the Powur movement grow. I am thrilled to be along for the ride as an investor, and to see Powur accelerate the international adoption of clean and sustainable energy."

KEY FACTS
* 526% revenue growth from 2015 to 2016
* 17,000 homeowners submitted for solar proposals
* $1.4M revenue in 2016
* Over 3,200 paid Advisors
* 39 solar providers using its platform servicing 28 states
* The first international residential solar company entering Canada, Australia and Mexico in 2017.

Team Background

Jonathan Budd - Founder & CEO

After earning his bachelor’s degree in psychology, Jonathan turned to the home-based business industry. By age 26, he was one of the fastest and youngest success stories in the history of direct sales, earning his first $10,000,000 by that time.

He founded Empowered Entrepreneurs to teach others the principles of entrepreneurship and modern day marketing that fueled his success and has served nearly 100,000 customers since then.

He founded The Global Transformation Council to support non-profit organizations that are making great transformational impact through innovative solutions to many of our world’s most challenging problems.

Jonathan has donated hundreds of thousands of dollars to support organizations such as The Pachamama Alliance, Freedom from Hunger, charity: water, among others.

He earned his Bachelors Degree in Pyschology from Hofstra University.

Paul Walker - CTO

18 years experience architecting web, mobile and desktop applications for Paramount, CBS and MySpace.

Co-Investors

Tech Coast Angels

Largest angel investor group in the U.S.