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BEN* Energy Changing the way people experience energy Ecosummit, 16 October, 2013 *Behavioural Energy Dr. Jan Marckhoff BEN Energy AG www.ben-energy.com Weinbergstrasse 56/58 [email protected] CH-8092 Zürich Fon: +41 44 632 8960

BEN* Energy - Ecosummit...BEN* Energy Changing the way people experience energy Ecosummit, 16 October, 2013 *Behavioural Energy Dr. Jan Marckhoff BEN Energy AG Weinbergstrasse 56/58

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Page 1: BEN* Energy - Ecosummit...BEN* Energy Changing the way people experience energy Ecosummit, 16 October, 2013 *Behavioural Energy Dr. Jan Marckhoff BEN Energy AG Weinbergstrasse 56/58

BEN* Energy Changing the way people experience energy Ecosummit, 16 October, 2013

*Behavioural Energy

Dr. Jan Marckhoff BEN Energy AG www.ben-energy.com Weinbergstrasse 56/58 [email protected] CH-8092 Zürich Fon: +41 44 632 8960

Page 2: BEN* Energy - Ecosummit...BEN* Energy Changing the way people experience energy Ecosummit, 16 October, 2013 *Behavioural Energy Dr. Jan Marckhoff BEN Energy AG Weinbergstrasse 56/58

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Utilities have been producing, transporting and delivering energy for decades…

Page 3: BEN* Energy - Ecosummit...BEN* Energy Changing the way people experience energy Ecosummit, 16 October, 2013 *Behavioural Energy Dr. Jan Marckhoff BEN Energy AG Weinbergstrasse 56/58

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…but their current business model won’t earn them money in the future!

Page 4: BEN* Energy - Ecosummit...BEN* Energy Changing the way people experience energy Ecosummit, 16 October, 2013 *Behavioural Energy Dr. Jan Marckhoff BEN Energy AG Weinbergstrasse 56/58

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Customer engagement is key to additional revenue!

Page 5: BEN* Energy - Ecosummit...BEN* Energy Changing the way people experience energy Ecosummit, 16 October, 2013 *Behavioural Energy Dr. Jan Marckhoff BEN Energy AG Weinbergstrasse 56/58

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Psychology Data Analytics

Change the way the world experiences energy

+

Page 6: BEN* Energy - Ecosummit...BEN* Energy Changing the way people experience energy Ecosummit, 16 October, 2013 *Behavioural Energy Dr. Jan Marckhoff BEN Energy AG Weinbergstrasse 56/58

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We sell white label, cloud based software to utility

companies

Page 7: BEN* Energy - Ecosummit...BEN* Energy Changing the way people experience energy Ecosummit, 16 October, 2013 *Behavioural Energy Dr. Jan Marckhoff BEN Energy AG Weinbergstrasse 56/58

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Energy report for utility customers

Personalised social normative feedback

Promotion of web/ app platform

Page 8: BEN* Energy - Ecosummit...BEN* Energy Changing the way people experience energy Ecosummit, 16 October, 2013 *Behavioural Energy Dr. Jan Marckhoff BEN Energy AG Weinbergstrasse 56/58

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Page 9: BEN* Energy - Ecosummit...BEN* Energy Changing the way people experience energy Ecosummit, 16 October, 2013 *Behavioural Energy Dr. Jan Marckhoff BEN Energy AG Weinbergstrasse 56/58

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Behavioural energy feedback

Free of charge for the user

Quick start – no hardware required

Page 10: BEN* Energy - Ecosummit...BEN* Energy Changing the way people experience energy Ecosummit, 16 October, 2013 *Behavioural Energy Dr. Jan Marckhoff BEN Energy AG Weinbergstrasse 56/58

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Invoice download

Tariff change

Smart metering

Social norms/ competitions

Story telling/ missions

Gamification, e.g. points, rewards

Page 11: BEN* Energy - Ecosummit...BEN* Energy Changing the way people experience energy Ecosummit, 16 October, 2013 *Behavioural Energy Dr. Jan Marckhoff BEN Energy AG Weinbergstrasse 56/58

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Duschkopf mit Sparfunktion Der Duschkopf mit Sparfunktion Ecobooster stellt per Knopfdruck die Wasserdurchflussmenge der Duschbrause von Sparleistung (8 l/min, bei 3 bar) auf volle Literleistung (15 l/min, bei 3 bar). Mehr

349 Punkte (CHF 34.90) +

Zum Shop Heute nicht

Page 12: BEN* Energy - Ecosummit...BEN* Energy Changing the way people experience energy Ecosummit, 16 October, 2013 *Behavioural Energy Dr. Jan Marckhoff BEN Energy AG Weinbergstrasse 56/58

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Duschkopf mit Sparfunktion Der Duschkopf mit Sparfunktion Ecobooster stellt per Knopfdruck die Wasserdurchflussmenge der Duschbrause von Sparleistung (8 l/min, bei 3 bar) auf volle Literleistung (15 l/min, bei 3 bar). Mehr

349 Punkte (CHF 34.90) +

Zum Shop Heute nicht

Individual recommendations

Based on personal and social factors

Integrated shop for direct purchase

Page 13: BEN* Energy - Ecosummit...BEN* Energy Changing the way people experience energy Ecosummit, 16 October, 2013 *Behavioural Energy Dr. Jan Marckhoff BEN Energy AG Weinbergstrasse 56/58

Direct sale to large clients

Reseller model for small/medium clients

Market size CH/GER CHF 2’000’000’000

Page 14: BEN* Energy - Ecosummit...BEN* Energy Changing the way people experience energy Ecosummit, 16 October, 2013 *Behavioural Energy Dr. Jan Marckhoff BEN Energy AG Weinbergstrasse 56/58

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BEN Energy

Utility company Integrated shop

Set-up fee, Recurring license fee

White label software

Revenue share

Product placement

Free usage of utility company-branded software without additional hardware

User

Page 15: BEN* Energy - Ecosummit...BEN* Energy Changing the way people experience energy Ecosummit, 16 October, 2013 *Behavioural Energy Dr. Jan Marckhoff BEN Energy AG Weinbergstrasse 56/58

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Achievements Milestones

Market success − 19 clients CH − 4 partners CH − 1 partner GER

10 FTE

CTI project & coach

No funding

1st client GER signed Q4/ 2013

Funding round closed Q1/ 2014

Sales team set-up Q2/ 2014

Page 16: BEN* Energy - Ecosummit...BEN* Energy Changing the way people experience energy Ecosummit, 16 October, 2013 *Behavioural Energy Dr. Jan Marckhoff BEN Energy AG Weinbergstrasse 56/58

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Jan Tobias Claire Elgar Thorsten

CEO, Founder, Master BA, PhD Finance Jan

Tobias

Claire

Elgar Fleisch

Thorsten Staake

BEN Team

CTO, Founder, Master IT, PhD ETH

VP Sales, Founder, Master Psychology, PhD ETH

Professor ETH & HSG, Founded several start-ups

Professor University of Bamberg, Director B2E

12 more Bennies in IT, Psychology and Design

Page 17: BEN* Energy - Ecosummit...BEN* Energy Changing the way people experience energy Ecosummit, 16 October, 2013 *Behavioural Energy Dr. Jan Marckhoff BEN Energy AG Weinbergstrasse 56/58

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CHF 2013* 2014 2015 2016 2017

Clients 20 60 88 120 152

Revenue 1'058'331 2'060'015 3'852'891 10'000'159 20'260'327

EBIT 136'184 -78'908 -24'025 3'658'279 11'140'267

FCF 103'319 -398'737 -428'014 1'708'640 6'967'833

FTE 10 19 30 36 37

Financials

*fully signed as of September 2013.

Page 18: BEN* Energy - Ecosummit...BEN* Energy Changing the way people experience energy Ecosummit, 16 October, 2013 *Behavioural Energy Dr. Jan Marckhoff BEN Energy AG Weinbergstrasse 56/58

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Investment opportunity

Expansion into Germany

Investment in sales team

Continued product development

Trade sale in 5-7 years

Smart metering company

Software company

Competitor

100% founders CHF 1’000’000 in Q1/2014

Ownership

Use of funds

Financing need

Exit

Page 19: BEN* Energy - Ecosummit...BEN* Energy Changing the way people experience energy Ecosummit, 16 October, 2013 *Behavioural Energy Dr. Jan Marckhoff BEN Energy AG Weinbergstrasse 56/58