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Status: Funded

Symmetrical Power has developed an innovative solution that addresses the issue of energy wastage. After identifying the inefficiency of the 3 Phase Electrical Distribution Boards, Symmetrical Power is creating the ‘Intelligent Distribution Board’ (ID Board). It aims to prevent the challenge of peak demand whilst saving on energy bills. The working model of the product also received positive feedback from electrical specialists. Additionally, Symmetrical Power was also a Shell Springboard regional finalist (2018) for its new low-carbon ideas. With the proceeds, the company will complete design & begin distribution in Europe and to position itself as the go-to Distribution Board provider.

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Symmetrical Power Rating Report

Management

71%

Product

94%

Investment

77%

Pitch rating powered by CROWDRATING

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Management 71%

Skills 73%
Symmetrical Power has a highly skilled team with functional expertise. The Company currently lacks a full-time Marketing head and CFO.

    Funding progress


  • £370,740
    pledged
  • 618%
    of goal
  • Funded
    12 Feb 2020

    £60,000
    target

    3.85%
    equity available

    856
    investors

    £433
    pledge per investor

    08370235
    company number

    £1,500,000
    pre-money valuation

    22/01/2013
    incorporated 7 years ago

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    Investment
    £
    Equity
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  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

As seen in:

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  • The Times
  • The Daily Telegraph