Only recently, digital energy provider 4hundred celebrated its first anniversary.
Another pioneering milestone has now been reached in the company’s history: By the end of 2018, UK energy company OVO Energy is investing in the Bavarian tech company, thus expanding into the European market for the first time. Together, the German startup and Britain’s largest independent energy provider are set to defy Germany’s energy giants. Using the latest technologies, their offer is designed to provide consumers with better customer service and intelligent energy services. 4hundred will continue to deliver energy at fair, transparent prices, with a monthly break clause.
4hundred founder Ilona Ludewig is proud to be supported by the most successful independent player in the UK energy market. “It’s a huge vote of confidence that OVO have chosen to partner with us for their first international venture”, says Ludewig. “It’s not just our values that unite us, but also our belief that technology is the key to a truly better customer experience. We have ambitious growth targets, and with OVO we have found the ideal partner to expand our customer base and offer German households additional intelligent energy services.”
With OVO Energy, the newcomers are joined by a strong partner, who will not only support the company financially, but also contributes their expertise in the competitive energy market. “4hundred’s digital offering, technological expertise and rigorous approach to great customer service made them an attractive business for OVO to invest in. With customers across the world demanding clean, affordable energy, we’re confident that with 4hundred, we’ll have strong growth and continued success.”, says OVO founder Stephen Fitzpatrick.
Customer needs are at the center of 4hundred’s offer. With 4hundred incorporating community feedback into the development of the business, the company’s product roadmap is co-designed with its customers to reflect what they really want.
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Picture Source: 4hundred
Source Text: freshpr