What is AUBA?
AUBA specializes in comprehensive utility bill auditing, encompassing telecommunication, data, electric, gas, water, waste removal, and petroleum products. The company employs a nationwide network of auditing associates and tariff experts to meticulously review client bills for errors, overcharges, and potential savings. By leveraging industry publications and conducting on-site inventories when necessary, AUBA aims to identify discrepancies and secure refunds or reductions for its clients. Over 95% of their clients have reportedly experienced financial benefits, with the mere presence of AUBA's auditing authority often prompting utility providers to prioritize client accounts for review and resolution.
How much funding has AUBA raised?
AUBA has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for AUBA?
With the recent influx of capital from a major strategic investment, AUBA is poised for significant growth and operational scaling. This funding is expected to fuel the expansion of its national auditing network, enhance its technological infrastructure for more efficient bill analysis, and potentially broaden its service offerings. The company's focus on uncovering over-billings and securing refunds positions it as a critical partner for organizations seeking to optimize operational expenses. Future strategic moves may involve deeper penetration into deregulated energy markets and further development of its tariff expertise to address evolving utility landscapes.
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