Guru Systems was recently named a runner up in the Guardian Sustainable Business Awards.
The London-based developer of smart payment and energy-efficiency technology was recognised in the startup of the year category.
Guru Systems was established in 2012 to address inefficiency in the onsite energy sector. The company founders said they were frustrated by a lack of good monitoring, communication and control systems for heating, cooling and electricity networks.
Guru’s monitoring and pay-as-you-go technology allows residents to see exactly how much energy they have used and landlords to calculate how much to charge them for it.
More than 100 networks across the UK use the technology, benefiting thousands of residents and landlords.
Casey Cole, managing director of Guru Systems, said: “After just four years in business, it is a great pleasure to be able to have our name up in lights next to some of the biggest companies in the world.
“The Guardian Sustainable Business Awards celebrate early stage companies with sustainability at their heart and an idea with the potential to scale up.
“At Guru Systems we are constantly looking for ways to make our clients’ buildings more energy efficient, in turn reducing the cost of energy for residents.
“This award is recognition of that hard work and it is thanks to the passion and dedication of our staff that we continue to drive for innovation and are able to make a difference to the lives of thousands of people across the UK.”
The national newspaper award was presented in a ceremony at The Crystal in London on 26 May 2016.
Guru Systems has previously won the Innovation Award at the Association of Decentralised Energy (ADE) Awards 2016 and Most Innovative New Product of the Year at the Housing Innovation Awards 2015.