Retroficiency
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Retroficiency - overview
Location
Boston, MA, US
Primary Industry
Software
About
Retroficiency specializes in energy efficiency solutions, focusing on data analytics to enhance building performance and reduce energy consumption for clients across various sectors. Retroficiency provides software solutions that analyze building energy data to optimize energy efficiency. Founded in Boston, US, the company has undergone acquisition by Ecova in October 2015. The firm has received a total funding amount of USD 3.
32 mn, with the latest funding round led by PJC. The most recent deal was completed on October 14, 2015. Retroficiency offers a suite of energy efficiency software tools designed to analyze data and provide actionable insights for building performance improvement. Their services assist businesses and organizations in identifying energy-saving opportunities, streamlining energy audits, and enhancing operational efficiencies.
Retroficiency generates revenue through the sale of its software solutions and services, which help clients optimize energy consumption and reduce costs. Revenue is primarily derived from licensing fees and project-based engagements with organizations looking to improve energy efficiency. Looking ahead, Retroficiency plans to develop new software features aimed at further enhancing data analytics capabilities for energy efficiency. The company is also exploring expansion into European and Asian markets, targeting a rollout by late 2016.
The recent funding of USD 3. 32 mn will support product development and market entry initiatives as outlined during the acquisition discussions.
Current Investors
World Energy Solutions
Primary Industry
Software
Sub Industries
Green IT, Monitoring & Security Software
Website
www.retroficiency.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Retroficiency - employee data
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