Rewbi

Application YC di Rewbi

Summer 2024Active

Rewbi ha partecipato a Y Combinator nel batch Summer 2024 come azienda Industrials. Sotto: cosa fa l'azienda, chi l'ha fondata e la sua application a YC, ricostruita domanda per domanda nel form reale di YC.

Batch YC
Summer 2024
Settore
IndustrialsEnergy
Dimensione team
2
Stato
Active
Lanciata
2024

Founder

  • Thomas Marge
    Thomas MargeFounder
  • Derek Modzelewski
    Derek ModzelewskiCo-Founder and CTO

Cosa fa Rewbi

Rewbi uses AI to optimize grid-connected battery storage. We generate revenue by charging when electricity is cheap and discharging when electricity is expensive. We rent battery storage for a fixed fee per month, and we earn 2x that fee in monthly revenue by dispatching the battery optimally. Today, power companies use human traders to manually track grid conditions and update the battery’s dispatch schedule. However batteries can adjust their power output 100x faster than traditional power generation (e.g. hydro, coal, nuclear, gas), with the ability to go from full-speed charging to full speed discharging in under a minute. Electricity prices change every 5 minutes, often by 300% or more. Our AI better tracks 100s of live inputs, and it makes decisions faster than a human operator (with lower overhead!), improving revenue 2x.

Application YC di Rewbi, ricostruita

Domanda per Y Combinator

Rewbi, batch Summer 2024. Le vere domande del form, risposte da dati pubblici.

  1. Founders2
  2. Company7
  3. Progress7
  4. Idea4
  5. Equity3
  6. Curious2
  7. Batch Preference1

Company

Company name

Rewbi

Describe what your company does in 50 characters or less.

AI that doubles battery storage revenue

What is your company going to make? Please describe your product and what it does or will do.

We built software that uses AI to manage grid-connected battery storage. Our AI decides when to charge and discharge batteries based on electricity prices that update every 5 minutes. This lets battery operators double their revenue without manual intervention. The product handles real-time data and adjusts dispatch faster and more accurately than human traders can.

Where do you live now, and where would the company be based after YC?

We live and work in San Francisco and plan to keep the company based here after YC.

Explain your decision regarding location.

San Francisco has access to the technical talent and energy industry connections we need. It's also where we're based now, so staying allows us to keep fast iteration and close control of product development.

21 risposte in più nell'application completa

Founders, Progress, Idea, Equity, Curious, Batch Preference sono nella versione completa. Crea un account gratuito per aprirla in YC Insights, accanto a ogni altro batch YC.

Domande Frequenti

Questa è l'application YC reale di Rewbi?

No. Y Combinator mantiene private le application inviate. Questa è una ricostruzione: le domande del form YC reale, a cui si è risposto usando i dati pubblici di Rewbi (note di lancio, background dei founder, descrizione del prodotto). Mostra come un'azienda come Rewbi si presenterebbe a YC, non il testo che hanno inviato.

A quale batch YC apparteneva Rewbi?

Rewbi apparteneva al batch Summer 2024 di Y Combinator.

Chi ha fondato Rewbi?

Rewbi è stato fondato da Thomas Marge, Derek Modzelewski.

Cosa fa Rewbi?

Rewbi uses AI to increase grid-connected battery storage revenue 2x

Come leggo la ricostruzione completa della application?

Crea un account Round Funded gratuito. La versione completa di 26 risposte della application di Rewbi, e di ogni altro batch YC, è in YC Insights.

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