The platform’s expansion mirrors a broader trend in capital markets, where U.S. power and utilities M&A activity reached $216 billion in the six months ending May 2026—a 173% increase over the previous year. According to CEO Kiki Dikmen, the demand is driven by a fundamental change in how corporations view essential services like electricity, water, and waste. Enterprises are moving beyond simple bill payment to demand granular visibility into exposure and consumption patterns.
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Utility Spending Shifts to Boardroom as GETCHOICE! Reports 220% Growth
With total managed spend surging 220% over two years, Houston-based GETCHOICE! is capturing a market shift where enterprise utility costs move from back-office maintenance to strategic financial risk. The company reports a 50% run-rate revenue pace, signaling that organizations are prioritizing utility intelligence amid volatile power demands.
GETCHOICE! reports a 130% net revenue retention rate, indicating that existing clients are significantly expanding their usage after initial deployment. A Fortune 500 National Energy Company currently processes approximately 17,000 invoices monthly through the platform, covering $700 million in annual spend across 1,500 suppliers. By centralizing these workflows, the client eliminated late fees and established a unified view of its portfolio. As utility spend becomes more volatile, finance and operations teams are increasingly treating these costs as a strategic, board-level priority rather than a routine expense.
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