ConnectM Launches Keen-Connect Omnichannel Marketplace at Trump Mar-a-Lago
~ Omnichannel Digital Platform to Revolutionize Home and Building Electrification ~
~ Within only two weeks of launch, 41 companies have expressed interest and 5 have already signed up, netting $300K in potential revenue ~
MARLBOROUGH, Mass., May 7, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (NASDAQ:CNTM) ("ConnectM" or the "Company"), a high-growth technology company powering the next generation of electrified equipment, mobility, and distributed energy, today announced the launch of its revolutionary Keen-Connect Marketplace at an exclusive investor and partner event held at Trump Mar-a-Lago. This all-digital omnichannel platform aims to transform how electrification services are marketed, sold, and installed by creating unprecedented business opportunities for contractors and sales professionals.
The Keen-Connect Marketplace establishes a two-sided platform that brings together independent sales professionals and vetted contractors in a unified ecosystem. This platform enables streamlined selling, installation, and monetization of electrification services, including Home Energy Audits, Insulation & Weatherization, Heat Pumps, Solar Panels & Inverters, Home Battery Storage, and Electric Vehicle Chargers.
"With Keen-Connect Marketplace, we're providing contractors with the tools to significantly boost their revenues and reduce seasonal dependencies by diversifying their offerings," said John Pitcavage, ConnectM's President of Home and Building Electrification. "Our marketplace not only enhances contractor profitability by offering multi-trade services but also reduces customer acquisition costs dramatically, driving increased market share and shareholder value. With the current administration's focus on America-first businesses, ConnectM is very pleased to make this landmark announcement at Mar-a-Lago today."
Service providers joining the Keen-Connect Marketplace can benefit from:
- Increased Revenue & Profits: Transforming single-trade sales into multi-trade opportunities.
- Reduced Expenses: Leveraging ConnectM's significant procurement discounts.
- Enhanced Market Share: Expanding service offerings to capture broader market segments.
- Greater Shareholder Value: Strengthening business valuation with comprehensive electrification solutions.
- Lower Customer Acquisition Costs: Monetizing existing customer databases with minimal additional marketing expenses.
The Keen-Connect Marketplace also substantially benefits homeowners, enabling average annual energy cost savings of 70% through comprehensive electrification solutions, resilience against power outages, and improved local grid stability.
For more information on the Keen-Connect Marketplace, please visit www.connectm.com.
About ConnectM Technology Solutions, Inc.
ConnectM is a constellation of companies powering the next generation of electrified equipment, mobility, and distributed energy—thus enabling a faster, smarter transition to a modern energy economy. The Company provides residential and light commercial service providers and original equipment manufacturers with a proprietary Energy Intelligence Network platform to accelerate the transition to all-electric heating, cooling, and transportation. Leveraging technology, data, artificial intelligence, and behavioral economics, ConnectM aims to lower energy costs and reduce carbon emissions globally.
For more information, please visit: https://www.connectm.com/.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). We have based these forward-looking statements on our current expectations and projections about future events. All statements, other than statements of present or historical fact included in this press release, regarding our future financial performance and our strategy, expansion plans, future operations, future operating results, estimated revenues, losses, projected costs, prospects, plans and objectives of management are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may," "should," "could," "would," "expect," "plan," "anticipate," "intend," "believe," "estimate," "continue," "project" or the negative of such terms or other similar expressions. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about us that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. Except as otherwise required by applicable law, we disclaim any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. We caution you that the forward-looking statements contained herein are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond our control. In addition, we caution you that the forward-looking statements regarding the Company contained in this press release are subject to the risks and uncertainties described in the "Cautionary Note Regarding Forward-Looking Statements" section of the Current Report on Form 8-K filed with the Securities and Exchange Commission on July 18, 2024. Such filing identifies and addresses other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and ConnectM is under no obligation to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.
Contact:
Investor Relations
Dave Gentry, CEO
RedChip Companies, Inc.
1-407-644-4256
[email protected]
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SOURCE ConnectM Technology Solutions, Inc.