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Verv uses artificial intelligence to turn home appliances into SMART appliances.

Verv automatically detects which electrical devices in the home are turned on and how much they are costing the user to use, in real-time, displaying this on a handy app. The app provides safety notifications, alerting users if heating appliances such as an iron or hair styler have been left on for too long. It also performs fault predictions, notifying the user that an appliance is faulty or deteriorating and diagnoses the problem.

Verv is a division of Green Running who recently secured £2m in investment for ongoing development of the technology. The company has developed a Blockchain system enabling users to trade energy from solar and local battery storage with neighbours or the grid, in real-time, based on their actual usage behaviour.