Electrum
Team size: 51 - 200
Sector: Built environment
About Electrum
Investors: Element 8, Los Angeles Cleantech Incubator
Company stage: Series A
Electrum empowers communities to adopt sustainable technologies through transparency and choice to improve the quality of life for all people. The site walks a user through online education and a simple registration process that creates a project for certified, vetted installers to place bids on. After a set period, the bidding process ends and bid analysis is carried out through a proprietary algorithm. The final three bids selected presented in a user friendly format to allow a homeowner to understand the advantages of each bid. The homeowner then has the opportunity to select a bid on the site and e-sign a contract directly with the installer.