Ekotrope

Ekotrope is a software company that specializes in energy modeling and home energy rating through its innovative RATER tool, enhancing energy efficiency measures in residential construction. Ekotrope, founded in 2010 and headquartered in Cambridge, US, focuses on providing software solutions for the Home Energy Rating System (HERS). The company was established by Benjamin Delillo, Nick Sisler, and Ziv Rozenblum, with Ziv Rozenblum serving as the CEO. In August 2013, Ekotrope received EUR 1.

7 million in Seed funding from the Massachusetts Clean Energy Center, marking a significant milestone in its growth. Ekotrope primarily offers its RESNET-accredited RATER software, recognized as a leading tool for Home Energy Rating System (HERS) ratings. This software utilizes a proprietary hourly energy algorithm to streamline the energy modeling process, covering everything from initial take-offs to final submissions. It caters to a diverse clientele including residential raters, program managers, utilities, and builders, simplifying the rating tasks with an intuitive interface accessible from any device.

The software enhances quality assurance processes within the home rating framework, providing immediate data access to all stakeholders. Ekotrope’s solutions are utilized across various geographical markets, particularly in the United States, where the company supports homes designed to meet multiple energy performance standards. Ekotrope’s revenue model is based on subscription-based access to its RATER software, engaging in business-to-business (B2B) transactions with clients in the construction and energy sectors. Clients enter agreements allowing them to utilize the software for energy rating processes, benefiting from automated quality assurance and streamlined submission.

The flagship product, the Ekotrope RATER, is integral to these transactions, with pricing plans tailored to different customer segments, including utilities and builders. This structured approach fosters long-term partnerships, ensuring services meet the evolving demands of the energy efficiency sector. Ekotrope plans to leverage its EUR 1. 7 million Seed funding to further enhance its RATER software and expand its market reach.

The company is focused on developing new features and functionalities, aiming for a release within the next year. Additionally, Ekotrope seeks to penetrate new geographic markets, particularly targeting growth in regions beyond the US by 2024. The funding will support these initiatives, facilitating the continued development of their software offerings and market expansion efforts.