Stark broadens data offering with strategic investment in Perse Technology
Stark – the UK’s leading independent energy data champion for businesses – announces today a strategic investment and partnership in Perse Technology Ltd.
Perse is at the forefront of harnessing data to power sustainability and automate the path to Net Zero.
By using more than 2billion points of real-time data, accessed using digital APIs to every asset connected to the grid, Perse empowers organisations to view insights to improve the cost and carbon position of any building, generation asset, storage facility and electric vehicle on demand.
Perse has an established foothold within the finance, property and energy space, and through their revolutionary single view eco-system is on a mission to save more than 10million tonnes of CO2 and create more than £100m in savings by 2030in real estate and energy assets.
This investment complements and enriches Stark’s existing suite of energy data and analytics, unlocking access to additional sources to present newer, enhanced insights to save money and carbon. With Stark managing more than sixty TWh of energy data for I&C businesses a year, and the Perse platform being able to access all domestic and SME data, the combined strength will underpin the success of these customers reaching their Net Zero ambitions in the most cost-effective way.
“Perse has already built a compelling range of offerings which resonate with our customers – from powering switching, to delivering immediate and easy access to energy data for energy brokers, to low carbon recommendations for property managers and major high street banks. By combining the breadth of Perse’s data footprint with the depth of our existing offering we believe that together we can build a range of truly transformative and market-leading offerings to empower our customers. Perse has unique access to industry-wide data, on demand. This can enrich Stark’s high-quality data and analytics offerings to unlock new insights for brokers, property managers and energy consumers of all shapes and sizes. I’m really excited about the roadmap of services we can develop over the coming months."
Alex Warren, Stark Group’s CEO
“We are thrilled to welcome Stark as both an investor and strategic partner. Perse is committed to providing world-leading data services to drive the transition to Net Zero. Stark's strengths in combining the power of data with infrastructure development, will enrich Perse's offering to enable customers to take more control of their energy and decarbonise faster. Our respective core focus areas to date - domestic and SME for Perse, with partners including Compare the Market and NatWest; and Stark covering more than a third of the UK’s commercial and industrial energy market will see us together power a Net Zero Britain faster and with a boosted financial return.”
Jane Lucy CEO, Perse Technology Ltd
