Simuwatt® is a tablet-based energy auditing application and cloud-based platform that uses a patented process to accurately, and quickly identify and recommend energy efficiency savings in commercial buildings.
Energy efficiency is the third largest electric resource in the US after coal and gas. Globally, building owners spend over $70B on energy efficiency retrofits. Simuwatt allows for building owners and respective tradespeople to realize energy savings while improving building performance.
In addition to the economic attractiveness of projects, an increasing focus on greenhouse gas emissions and proactive energy policies are driving an increase in government mandated energy audits.
PRODUCT / SERVICE
simuwatt® was born from a joint development with the greatest minds in energy efficiency at the National Renewable Energy Laboratory (NREL). The partnership led to the creation of a patented data collection and analysis workflow for commercial building energy assessments and energy modeling.
simuwatt’s flexible field data collection software coupled with cloud computing allow large and small teams to improve their workflow by over 50% through standard processes, automated data management and rapid energy modeling.
With simuwatt, partners can increase team production and grow share of wallet as commercial building energy professionals.
Crescendo Capital Partners invested in a seed round to support commercialization and sales scaling in advance of a potential Series A investment.