MoneyMagpie

Join MoneyMagpie today!
Log in or Register.
Aug 21

Best Deal In Dragons’ Den History… And It Can Save You £££s

Reading Time: 2 mins

Appearing on BBC Two’s hit show, Dragons’ Den, two best friends from university pitched their idea for a service that automatically switches your energy deal to ensure you’re always on the best deal.

All five Dragons made an offer to invest in their company with Peter Jones stating “I think you’ve got a real chance of making this a success”.

Look After My Bills entrepreneurs

The co-founders of Look After My Bills secured an investment of £100,000 for just 3% equity in their company, making it the BEST deal ever secured in the Den.

The concept of Look After My Bills is simple: you sign up just once, and the platform finds you a great deal, switching you to it, every year.

The entrepreneurs intend to make money from their platform by taking a small commission from the energy suppliers they switch you to. However, they take the same rate of commission from all suppliers to ensure they never favour one over the other.

Dragons shaking hands with entrepreneurs

Currently to save money on gas and electricity bills, people have to spend hours shopping around on price comparison sites and remember to switch every year otherwise they get ripped off.

One, free, 2 minute sign up to Look After My Bills sees users saving £253 on average on their gas and electricity bills.

Look After My Bills automatically finds people the best deal and switches them to it, dealing with with whole process. When that deal ends they are automatically moved to another deal so they are always saving and never overpaying.

Click here to sign up

MoneyMagpie UKpower
Make money My Survey

WHAT DO YOU THINK?

0 0 vote
Article Rating
Subscribe
Notify of
guest
3 Comments
Inline Feedbacks
View all comments
DEB
DEB
1 year ago

This is great as I had a nightmare leaving spark. I had no problem with the gas but the electricity as that was my biggest cost (some MONTHS £500+ and I live in a 3 bed bungalow). I now pay £150 for both and that’s me paying extra to cover the winter months!!!

Lisa
Lisa
1 year ago

This is certainly worth a look.

Joanne
Joanne
1 year ago

Definitely worth looking into.

Related Articles

 

Make Money and Save Money

ideas for everyone
 
Send this to a friend