Switchee
Switchee provides IoT smart thermostats and environmental sensors with proprietary mould prediction analytics to UK social housing providers, enabling real-time property health monitoring, decarbonisation compliance, and resident engagement across 130+ landlords.
- Company typePrivate
- Founded2014
- HeadquartersLondon, United Kingdom
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Switchee does
Switchee is a UK-based IoT and data analytics company, founded in 2014 and headquartered in London, that provides smart thermostats and environmental sensors to social housing providers across the United Kingdom. The company serves over 130 housing providers — including local authorities, housing associations, and large registered social landlords such as Peabody, Platform Housing Group, Orbit, Notting Hill Genesis, Guinness Partnership, Riverside, Yorkshire Housing, and MTVH — by deploying connected devices that continuously monitor temperature, humidity, air pressure, ambient light, and movement inside social housing properties.
The platform combines proprietary hardware (Switchee Smart Thermostat, Switchee Connect gateway, and NB-IoT-based Swift HC5/HC7 sensors) with a cloud-based Switchee Portal and an Open API that integrates with housing management systems including Salesforce, Civica, and NEC Housing, plus modelling and maintenance partners Cotality and Plentific. Its core differentiator is a mould detection and thermal performance prediction algorithm that analyses environmental data to flag properties at risk of damp and mould before escalation, with supporting modules for decarbonisation advisory, resident engagement (claimed 92% engagement rate via the thermostat device), fuel poverty monitoring, and an Energy Voucher Service. The product stack is also aligned with UK regulatory and funding frameworks including Awaab's Law, the Fitness for Human Habitation Act, and the WH:SHF, SHNZHF, ORP, and ECO retrofit schemes.
Switchee operates a B2B enterprise sales motion targeting UK social landlords directly, with deployment supported by its Trusted Installer Network (STIN) and partnerships with Vent-Axia (integrated ventilation) and City Plumbing (distribution). Revenue is generated through hardware sales (£99 per home starting price, scaling with portfolio size), recurring SaaS subscriptions, and professional services for installation and retrofit programme design. The company has raised approximately £11.5 million in equity across multiple rounds led by Octopus Ventures and AXA IM Alts, supplemented by £468,000 of BEIS grant funding for heat pump work in social housing, and has publicly targeted deployment across 1 million UK social housing homes over the next decade.
Switchee firmographics
Firmographics- Name
- Switchee
- Legal name
- Switchee Limited
- Website
- https://switchee.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Switchee provides IoT smart thermostats and environmental sensors with proprietary mould prediction analytics to UK social housing providers, enabling real-time property health monitoring, decarbonisation compliance, and resident engagement across 130+ landlords.
- Ownership category
- akta.pro rank
Switchee industry classification
Industry- Product category
- Social Housing Technology
- NAICS
- Switchgear and Switchboard Apparatus Manufacturing (335313), Consumer Electronics and Appliances Rental (532210)
- SIC
- Auto Controls For Regulating Residential & Comml Environments (3822)
- akta.pro primary industry
- Smart Lighting & Shading Systems (HSAPAPAC)
Keywords
Where Switchee is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
Switchee business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Supply Chain, Infrastructure
Revenue model
- Device Sales: Sale of IoT devices (Switchee thermostats, Swift sensors) to housing providers as part of deployment contracts
- SaaS Subscription: Connected service subscription supporting ongoing data storage, analytics, and platform access. Delivered as a connected service to maximise value for housing providers
- Professional Services: Installation support, documentation, and project design services for retrofit funding schemes
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Annual | Base pricing starting from £99 per home |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels7 records
Switchee product offering
Product offeringCore offering
Switchee sells a connected property intelligence platform for UK social housing providers, combining IoT smart thermostats and environmental sensors with a cloud-based analytics Portal and Open API. The platform continuously monitors temperature, humidity, air pressure, ambient light, and movement to predict damp and mould risk, support decarbonisation retrofit funding, drive resident engagement, and evidence compliance with Awaab's Law.
Product overview
Switchee offers a data-driven property insights platform for housing providers consisting of IoT devices (Switchee Smart Thermostat, Switchee Connect, and Swift sensors) combined with a cloud-based Portal and Open API. The platform collects environmental data from social housing properties to help landlords reduce mould risk, achieve decarbonisation targets, engage residents, and improve property performance. Key product modules include mould prevention algorithms, decarbonisation advisory services, resident engagement tools, and the Energy Voucher Service. Pricing starts from £99 per home with SaaS subscription model.
Differentiator
Problem solved
Functional benefit
Products and services
- Switchee Smart Thermostat Connected thermostat device with embedded environmental sensors (temperature, humidity, air pressure, ambient light, movement) used in social housing properties to feed the Switchee Portal with real-time property health data. Sold to UK social housing providers.
- Switchee Connect Connectivity hub that links the Switchee Smart Thermostat to the cloud-based Portal and Open API, enabling data flow from the device to housing provider systems.
- Swift Sensor (HC5 / HC7) NB-IoT environmental sensor (HC5 and HC7 variants) for additional room-level monitoring of temperature, humidity, and air quality; pairs with the Switchee Thermostat to extend coverage across a property.
- Switchee Portal Cloud-based analytics platform providing real-time views of heating usage, fuel poverty risk, thermal performance, and property health across a housing provider's portfolio; integrates with housing management systems via Switchee's Open API.
- Mould Prevention Solution Predictive mould causality offering combining continuous environmental monitoring, algorithmic risk detection, connected Vent-Axia Revive 7 fans, and Swift sensors to enable early intervention against damp and mould in social housing.
- Decarbonisation Advisory Advisory solution helping social housing providers unlock retrofit funding via SAP points and verify retrofit impact under Warm Homes (WH:SHF), Optimised Retrofit Programme (Wales), and Social Housing Net Zero Heat Fund (Scotland) schemes.
- Resident Engagement Platform Two-way resident messaging and appointment management delivered through the Switchee thermostat device, achieving a 92% average engagement rate and supporting housing providers in managing appointments, surveys, and resident communications.
- Energy Voucher Service Operational service assisting housing providers in distributing energy cost support to residents experiencing fuel poverty, including tracking and management of energy voucher redemption.
- Fuel Poverty Solutions
Quantifiable outcome
- 92% average resident engagement rate through the Switchee device
- +3 more outcomes
Companies that use Switchee
Customer profileNamed customers21 records
Segments2 records
Ideal customer profiles1 record
Switchee technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability3 records
Feature5 records
Switchee partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- Vent-AxiacoreNew partnership driving improved air quality and healthier homes. Switchee-enabled Vent-Axia Revive 7 fan integrates with Switchee platform for ventilation management
- City PlumbingminorPartnership with City Plumbing to revolutionise social housing through smart technology distribution
- Langstane Housing AssociationminorPartnership including Union Technical for smart technology deployment
- London Homes CoalitionminorBuilding skills for the future initiative in London social housing
Scale indicators9 records
Recent moves2 records
Expansion highlights6 records
Switchee competitors and assessment
Company assessmentBroad incumbents
- ecobee: North American smart thermostat company (now owned by Generac) selling Wi-Fi thermostats with room sensors for residential and light commercial customers. Direct device-level competitor in connected thermostat category, with comparable occupancy/temperature sensor approach but different geographic focus.
- ENGIE: Global energy services and facilities management group with a substantial UK social housing services arm covering retrofit, heat networks, and energy management. Competes with Switchee indirectly at the social housing decarbonisation and energy services layer rather than at the IoT device layer.
- Schneider Electric (EcoStruxure): Global building automation and energy management giant whose EcoStruxure platform serves commercial real estate, healthcare, education and increasingly residential portfolios. Competes with Switchee at the building analytics layer with deeper resources and a much wider portfolio, but less specialised in UK social housing mould compliance use cases.
- Google Nest: Google's consumer smart home brand offering the Nest Learning Thermostat and Nest Connect products. Represents a benchmark competitor for connected thermostat UX and energy management features, primarily addressing retail consumers rather than B2B social housing.
- CopperTree Analytics: Building analytics and energy management software provider for commercial and institutional buildings, focused on fault detection and operational efficiency. Comparable to Switchee on the analytics/portal layer, but addressing different (typically commercial) end customers and using BMS data rather than in-home IoT thermostats.
- Honeywell Home: Global incumbent in residential HVAC controls and connected thermostats (T-series, Round) serving consumers and light commercial customers worldwide. Competes with Switchee at the device layer for connected thermostat installs, with substantially larger scale and broader product portfolio.
- Hive (British Gas / Centrica): UK mass-market smart home brand (owned by British Gas/Centrica) offering smart thermostats, sensors and connected home products to residential customers and energy supplier accounts. Closest UK retail smart thermostat peer, with bundled energy proposition that competes indirectly for in-home connectivity.
- Tado°: European smart thermostat company selling connected heating controls to residential consumers and small commercial customers across the UK and EU. Overlaps with Switchee on smart thermostat hardware and app-based heating control, but addresses a much broader customer base rather than the social housing vertical.
Direct peers
- PassivSystems: UK-based provider of smart heating controls and energy monitoring hardware specifically designed for social housing providers and local authorities. Closest direct competitor to Switchee in the UK social housing IoT segment, with overlapping customer base, similar value proposition around fuel poverty and a comparable device-plus-portal model.
Emerging players
- Verdigris Technologies: IoT energy and environmental monitoring company deploying AI-powered sensors in commercial and multi-tenant buildings for real-time electricity and environmental tracking. Comparable to Switchee on continuous environmental sensing and predictive analytics, with overlap on facility management customers but a heavier commercial focus.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Switchee social profiles
Digital presenceSwitchee compliance and trust
Trust signalCompliance4 records
Switchee financial estimates
Financial estimateRevenue estimate
Valuation estimate
Switchee leadership team
Management profileNumber of profiles
Profiles9 records
Switchee funding detail
Funding detailFunding overview
Funding rounds8 records
Investors14 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Switchee M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Switchee
What does Switchee do?
Switchee sells a connected property intelligence platform for UK social housing providers, combining IoT smart thermostats and environmental sensors with a cloud-based analytics Portal and Open API. The platform continuously monitors temperature, humidity, air pressure, ambient light, and movement to predict damp and mould risk, support decarbonisation retrofit funding, drive resident engagement, and evidence compliance with Awaab's Law.
Is Switchee a public or private company?
Switchee is a private company. It is classified as venture growth investor backed and is currently operating.
When was Switchee founded?
Switchee was founded in 2014. It employs 101 to 250 people.
Where is Switchee based?
Switchee is headquartered in London, United Kingdom, in the Europe region.
How does Switchee make money?
Three revenue lines are on record. Device Sales are the primary driver. The others are saaS Subscription and professional Services.
Who are Switchee's main competitors?
Broad incumbents on record are ecobee, ENGIE, Schneider Electric (EcoStruxure), Google Nest, CopperTree Analytics, Honeywell Home, Hive (British Gas / Centrica) and Tado°. PassivSystems is listed as a direct peer. Verdigris Technologies is listed as an emerging player.
Does Switchee have an API?
Yes. Switchee offers an Open API that enables vital housing intelligence to flow into the systems housing providers use every day. The API integrates with housing management systems, property maintenance platforms, and modelling tools.
What industry is Switchee in?
Switchee's product category is Social Housing Technology. Its primary akta.pro industry code is HSAPAPAC, Smart Lighting & Shading Systems. Its NAICS code is 335313 and its SIC code is 3822.