Choice Holdings is a startup that aims to address utility losses and improve conservation efforts through innovative solutions. The company's slogan focuses on pioneering solutions for effective revenue protection and waste reduction, reflecting its commitment to tackling the challenges faced by electric utilities. With an estimated annual loss of $85 billion due to theft, there is a pressing need for solutions in this industry. CHOICE, founded in 2013, offers a range of innovative solutions for electric, gas, and water utilities, with a particular emphasis on safeguarding revenue and minimizing waste without substantial capital expenditures. Its latest investment of $1.19M was secured through a Series D investment led by FCP Emprendimiento e Innovación SP in July 01, 2017. This injection of capital could be crucial in propelling CHOICE towards further growth and market impact, solidifying its position as a significant player in the utility solutions space.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series D | $1.19M | 1 | FCP Emprendimiento e Innovación SP | 01 Jul 2017 |
Debt Financing | $3.00M | 1 | Davidson Technology Growth Debt Fund | 23 Feb 2017 |
Series D | $2.57M | 1 | FCP Emprendimiento e Innovación SP | 01 May 2016 |
Series C | $2.35M | 1 | FCP Emprendimiento e Innovación SP | 14 Nov 2014 |
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