
The financial hub for home finances--taxes, energy, and insurance.
Why we invested
Managing the financial side of homeownership has never been more complex, especially as energy costs rise and households face a growing set of choices—better utility rates, community solar programs, demand-response options, and long-term upgrades like solar, storage, HVAC, and efficiency improvements. Most homeowners don’t have the time or expertise to sort through these options, gather their data, compare plans, negotiate rates, or enroll in new programs. Abode automates all of it. Their AI pulls the right data, analyzes opportunities, negotiates and enrolls homeowners in the lowest-cost options, and continuously monitors for new savings. The result is a frictionless experience that directly lowers homeownership costs including utility bills while setting homeowners up for smarter long-term energy decisions as the market shifts.
This differentiated approach positions Abode to become the trusted financial home for the entire energy transition inside the home. Rising utility prices and new consumer programs are creating a massive need for guidance, and Abode already delivers recurring revenue through property-tax savings and energy contracts that renew at nearly 0% churn. Their proprietary data model gives them pricing power, access to exclusive rates, and the ability to expand into community solar, electrification planning, and brokerage-like services that capture far more of the value chain. Abode is well on its way to reshaping a $400B industry and becoming the first place homeowners turn for better energy and financial decisions.