CURB Energy capitalizes on Indiegogo success, closes $1.25M seed round and appoints Capital Factory angel investor, Eric Gould Bear, as Chief Experience Officer.

October 6, 2015 - 3 minutes read

AUSTIN, Texas–(BUSINESS WIRE)– CURB, Inc. announced today that it closed a $1.25 million seed round from angel groups, strategic partners and Capital Factory. This announcement comes on the heels of CURB’s Indiegogo sales campaign, which sold hundreds of units to consumers worldwide exceeding 400% of its revenue goal. CURB manufactures specialized hardware and software for monitoring and managing energy consumption and solar production in homes and businesses, while interfacing with other industry-leading Smart Home platforms (including Samsung’s SmartThings) for intelligent device control.

Additionally, CURB announced that Eric Gould Bear has joined the company as its Chief Experience Officer and a member of its Board of Directors. Bear has been crafting and establishing user experience strategies for major corporations since the 1980s and is first-named inventor on over 100 software and hardware patents and patent applications. CURB initially engaged Bear through Capital Factory as an advisor. Then, after rolling up his sleeves and discovering synergistic chemistry with Norwood and his team, was invited to join the company’s executive leadership and board. Bear has also personally invested in CURB in its recent seed-funding round.

“Users and investors both recognize that CURB provides a better way to manage energy. Our over-subscribed funding round underscores this fact,” said Founder and CEO, Erik Norwood. “We’re channeling that excitement into new partnerships and distribution pathways to make CURB a standard component in every home and business.” Norwood added, “Eric Bear brings proven leadership to our team. And with his focus on customer experience, I’m excited about him driving our unified product, service and brand strategy to make it even easier for customers to embrace CURB and save energy.”

ABOUT CURB: An Austin-based energy tech startup founded in 2012, CURB provides insight into home electricity usage, giving users control to make their homes safer, more energy efficient, and more affordable. The award-winning CURB energy management solution provides circuit-level electricity monitoring, real-time reporting, smart alerts and remote energy controls. CURB is available OnDemand on Indiegogo with units shipping soon.

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Contacts
CURB, Inc.
Erik Norwood, +1 512-656-5074
media@energycurb.com

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Source: CURB, Inc.
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Eric Gould Bear – Investor, Director, CXO & Corporate Secretary at CURB