TerraPerks is a startup focused on recognizing and rewarding eco-friendly actions through energy-saving incentives and social engagement. The company's flagship product, Energy Flair, aims to educate users on energy-saving practices and incentivize them to reduce their monthly electricity and natural gas consumption. By doing so, users earn virtual pieces of Energy Flair, which are essentially digital badges. These badges can be showcased on social media platforms such as Facebook and Twitter to increase visibility and inspire others to follow suit. Furthermore, users can engage in friendly competition by comparing their Energy Flair collections with friends on Facebook. TerraPerks primarily functions as a promotional tool for utility companies seeking to motivate residential customers to decrease their household energy usage. Founded in 2010, the startup operates within the Social Media and Energy Efficiency sectors. The company previously secured a Seed Round investment on 01 May 2010 from Momentum.
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