Choose Energy introduces new CEO and Series B funding round

November 8
12:40 PM 2013

The nationwide energy marketplace which allows residents and businesses to choose energy providers to create savings on their energy bills, Choose Energy, introduced today their newest CEO, Kerry Cooper. The appointment of Cooper would allow his leadership be at the forefront of Choose Energy's expansion into all 19 deregulated electricity states as well as 22 natural gas states by 2014. This would help Choose Energy's platform be the most visited and trusted energy marketplace available online.

Alongside such appointment is the Series B funding round for Choose Energy. Notable investors include Kleiner Perkins Caufield & Byers, NGEN Partners, BlueScape Resources, Stephens Capital Partners and Michael Polsky. The funding would help push the Choose Energy business model to become the biggest energy marketplace online by 2014.

According to Choose Energy's new CEO Kerry Cooper, "There is great opportunity in the utility and energy space to build relationships between providers and consumers that can spark more confidence and trust within the industry. Our customer is anyone who turns on a light switch, but many do not know that they have a choice when it comes to who supplies this energy - that's why Choose Energy is empowering people in deregulated energy states to make a conscious choice about their energy provider and to encourage them to check and re-check their energy service on a regular basis."

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