We’re thrilled to announce that The Student Energy Group (TSEG), a leading student bills company, has been shortlisted for three awards at the prestigious UK Business Tech Awards 2024.
A testament to our industry-leading solutions and rapid growth within the PropTech sector, we have been nominated in the following categories: ‘Property Tech Company of the Year’, ‘Most Impressive Growth’ and ‘Tech Company of the Year – Medium Business’.
The UK Business Tech Awards celebrates the UK’s finest tech businesses and rewards the innovative and exceptional application of technology that transforms and grows businesses.
Alex Back, one of our founders, commented: “What an achievement! We are incredibly honoured to be named as finalists across three such significant categories.”
“This recognition highlights the hard work and dedication everybody across our team drives forward within the industry. It’s an exciting time for us and these nominations reflect our commitment to simply do the right thing, whether that’s by our student and landlord customers, partners or the planet. We aim to help students save money on their uni bills while working towards saving the planet.”
Property Tech Company of the Year
We earned this nomination for our disruptive technologies currently advancing the industry. An example of this is our strategic partnership with the online student lettings platform, StuRents. This collaboration allowed us to integrate our flexible student bills package directly into StuRent’s tenancy bookings process, providing students with a seamless customer experience when selecting utilities along with their accommodation. Students can create your package and sign up for the best student energy deals, including options like free superfast Virgin Broadband, in less than 2 minutes with just a few simple clicks. As a result, we experienced a 68% increase in sales on the StuRents platform as well as an impressive 90% retention rate among its landlord customers.
Most Impressive Growth
We have been shortlisted for this award due to our unique combination of extraordinary growth, disruptive technologies, strong customer relationships and commitment to advancing the industry. Despite challenges including the 2022 UK energy crisis, driven by the conflict in Ukraine, we not only maintained but thrived in both employee and customer retention. The business achieved a revenue of over £20 million in 2023, equating to a 500% increase on the previous year and an 800% team growth, to facilitate the demand for its services and technologies. Our student bills package in Manchester and across the UK allow housemates to easily share student bills, with costs shared equally and monthly notices to help them save and use energy wisely.
Tech Company of the Year – Medium
Our rapid 500% employee growth, along with our remarkable 90% landlord customer retention rate and 54% new customer conversion rate, earned us recognition in this category. Our disruptive software solutions have had a profound impact on the PropTech sector, elevating industry standards. We offer great student energy deals to help students save money on their household bills.
Founded in 2021, TSEG has quickly become a trailblazer in the PropTech industry, known for our ability to change and solve complex challenges through data-led technologies. By leveraging strategic partnerships and integrating advanced technologies, we have transformed how landlords and students interact with the rental market. Get a free quote today for our student gas and electric packages.
Our remarkable growth and impact, particularly during challenging periods like the UK energy crisis, underlines our resilience for success. With a mission to revolutionise the utilities sector, enhance user experience and build technology that adds tangible value, we are poised for continued expansion and success.
Alex continued: “We are grateful for this recognition and energised by what lies ahead for TSEG. Our team remains committed to pushing boundaries and finding new ways to disrupt the property sector for the better, helping students across the UK save on their student electricity bills.”
The winners of the UK Business Tech Awards will be announced at the awards ceremony in London on Thursday 19th November.
