What is AUBA?
AUBA specializes in comprehensive utility bill auditing, reviewing telecommunication, data, electric, gas, water, waste removal, and petroleum product invoices. The company employs a nationwide network of auditing associates and tariff experts to scrutinize bills for errors and overcharges across regulated and deregulated markets. Their service aims to identify savings and secure refunds for clients, with over 95% of clients reportedly experiencing financial benefits. The company's process involves detailed review of billing records, customer service history, and, when necessary, on-site inventories of utility systems to ensure accurate reconciliation.
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
Key Investors in AUBA
PPP
Public-Private Partnership
What's next for AUBA?
With the recent strategic investment, AUBA is poised to expand its auditing capabilities and potentially broaden its service offerings or market reach. The substantial capital infusion at this late stage suggests a focus on solidifying its market position, enhancing its technological infrastructure for auditing, or pursuing strategic acquisitions. This funding will likely enable AUBA to further its mission of uncovering billing discrepancies and delivering significant cost savings to its diverse client base across the nation.
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