Electrical panel innovator Span announces today that it has secured Amazon Alexa voice integration as well as an additional $20 million in funding led by Munich Re Ventures’ HSB Fund and joined by the Alexa Fund, with continued participation from existing investors. Span, which began shipping the Span Smart Panel to customers in the summer of 2020, will leverage this latest investment to further expand its reach to homeowners and develop new product offerings.
Span reinvented the electrical panel to simplify the adoption of clean energy and to deliver a powerful yet intuitive virtual interface to the home. The Span Smart Panel offers precise energy monitoring at the circuit level, real-time controls and onboard intelligence. From insights into home energy use to customizable backup which extends home battery outage protection, Span delivers smarter energy management, all accessible via the Span Home App.
Alexa voice integration will provide customers a convenient way to interact with energy in their evolving smart homes. Customers can use Alexa-enabled devices to turn on or off any circuit or appliance in their home, find out what energy source is providing power, or discover what appliance is using the most power. Once accounts are linked, customers can take actions like checking on their power usage by saying “Alexa, ask Span what is consuming the most power right now.”
“As Amazon continues to expand its smart devices portfolio and home services business, we see Span’s energy control and automation as an important new area for innovation which will add value to our customers,” said Paul Bernard, Director of the Amazon Alexa Fund.
“The upcoming decade will be about home electrification and accelerating the adoption of clean energy. It’s great to add investors that are aligned with our long-term vision and will help Span bring innovation to the energy and home service markets,” said Arch Rao, founder and CEO of Span, who previously led the Tesla Energy product team. “We see these Amazon Alexa voice controls as an important step in making consumers aware of their personal energy use and make controlling every aspect of their home more accessible and convenient.”
News item from Span