Reheat Africa
Reheat Africa
AI powered water heating controllers, that save energy by applying AI algorithms to adjust your water heating schedule. The Reheat Africa solution offers remote control, timing schedules and AI powered learning to change the way we heat water.
Investment Overview
Available Equity
20%
Investment Ask
ZAR 5,000,000
Investment Term
5 Years
Target Return
3.05X Money
The Problem
Water heating can account for up to 50% of household energy costs, with limited savings gained by traditional static timers or requiring very expensive solar heating solutions, that are complicated to install and frequently require ongoing service and repairs. Electric water heaters also contribute significantly to peak demand and grid strain as these are typically switched on when in use during morning and evening peaks.
The Solution
Leveraging the machine learning power of Artificial Intelligence, Reheat Africa combines the latest in IoT wifi control, with predictive AI algorithms to adjust water heating schedules in accordance with user usage patterns and the external environment. By converting the static water heater into a responsive, smart appliance with predictive control and environmental context, customers can save up to 30% of their water heating cost.
Our Team
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Documents
One-Pager
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Financial Projections
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Pitch Deck
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Investment Details
Business Valuation
ZAR 25,000,000
Minimum Investment
ZAR 250,000
Available Shares
800
Days Remaining
90