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USD20212023
Revenues00000000
EBITDA00000000
Profit00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000
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$8.1m

Early VC
Total Funding000k

Recent News about PowerX

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PowerX is a technology startup that provides an advanced energy management system specifically designed for the restaurant industry. The company's primary focus is to optimize energy use in restaurants, thereby reducing operational costs and enhancing efficiency. PowerX's system acts as an energy watchdog, identifying wastage and adjusting the usage of high-energy-consuming appliances such as HVAC systems to off-peak hours. This results in significant cost savings for restaurant owners.

The system also automates manual tasks, such as temperature checks, freeing up staff to focus on providing exceptional customer service. By monitoring equipment and tracking power usage, the system can identify inefficiencies early, leading to further cost savings and extending the lifespan of the equipment. It can also detect potential malfunctions before they occur, preventing disruptions and financial losses.

PowerX's system allows restaurant owners to take control of their energy consumption by measuring usage down to individual appliances. This helps identify energy-intensive appliances, optimize usage, predict equipment malfunction, and reduce energy waste. The system also eliminates manual temperature checks with integrated sensors, ensuring compliance with food safety standards and preventing spoilage.

The company's system also provides reporting and insights, using data analysis to provide a deep understanding of energy usage patterns, temperature trends, and HVAC performance. This enables restaurant owners to make data-driven decisions to reduce costs and maximize efficiency. The system also allows for controlled user access, enabling easy management and customization of user permissions.

In summary, PowerX operates in the energy management market, serving the restaurant industry. Its business model revolves around providing a subscription-based energy management system that helps restaurants reduce operational costs and enhance efficiency.

Keywords: Energy Management, Restaurant Industry, Operational Efficiency, Cost Savings, HVAC Optimization, Equipment Monitoring, Predictive Maintenance, Data Analysis, User Access Control, Automated Temperature Checks.

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