Wand
Wand, formerly known as Allero, is an Israeli company based in Tel Aviv-Yafo that provides a platform for landlords to sell and bill solar energy directly to tenants.
Services Offered by Wand
Wand provides a platform that empowers landlords to sell solar energy directly to tenants. This platform streamlines solar billing and payment distribution without requiring additional hardware. The service includes a solution for landlords to bill tenants based on the solar energy they consume. Wand charges a service fee of 5-12% of the bill charged to tenants. Additionally, the company offers a financing solution for landlords interested in installing solar panels on their rental properties.
Wand's Founders
Wand was co-founded by Idan Shahar, who serves as the CEO, and Itai Peri, who serves as the CTO. Together, they established the company with a vision to address the climate crisis and make solar energy accessible and profitable for landlords. Their combined expertise drives the company's mission towards a sustainable future.
Company History of Wand
Wand, formerly known as Allero.io and Allero, is a company located in Tel Aviv-Yafo, Tel Aviv District, Israel. It participated in the Y-Combinator S22 batch and operates within the industrial sector, focusing on the climate sub-industry. The company's mission is to contribute to the climate crisis solution by making solar energy accessible and economically beneficial for landlords.
Location and Regions Served by Wand
Wand is based in Tel Aviv-Yafo, Tel Aviv District, Israel. The company serves regions including Israel, as well as the broader Middle East and North Africa. Operating from its headquarters in Israel, Wand focuses on providing innovative solar energy solutions to landlords in these areas.
Wand's Commitment to Sustainable Energy
Wand was founded with a commitment to address the climate crisis by offering solutions that make solar energy accessible and profitable for landlords. By enabling landlords to bill tenants for solar energy consumption, Wand contributes to a greener and more sustainable future. The company's platform and financing solutions support the adoption of solar energy in rental properties.