WellStat
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WellStat - overview
Established
2004
Location
New York, NY, US
Primary Industry
Software
About
WellStat is a US-based company focused on enhancing building efficiency and indoor air quality through innovative solutions, including real-time monitoring systems that optimize energy consumption and promote healthier environments. Founded in 2004 and headquartered in New York, US, WellStat specializes in advanced building efficiency solutions. The company has not undergone significant business pivots or mergers. It has engaged in one notable deal, with Gainline Capital Partners in April 2018.
WellStat specializes in advanced solutions aimed at enhancing building efficiency and indoor air quality, primarily through its flagship product, WellStat Air. This innovative offering provides real-time monitoring of indoor air conditions and energy usage, empowering clients to optimize energy consumption while ensuring healthier environments for occupants. WellStat’s services facilitate the achievement of sustainability goals by reducing operational costs and carbon footprints across a variety of commercial and residential properties. The company targets a diverse client base, including property managers, sustainability directors, and organizations seeking to achieve green certifications such as LEED, RESET, and WELL.
WellStat’s products are marketed primarily in North America, with a focus on urban centers where the demand for sustainable building solutions is increasingly critical. WellStat generates revenue through a subscription-based model for its software solutions, which includes ongoing access to real-time analytics and insights that help clients manage their building portfolios more effectively. Clients typically enter into multi-year agreements that encompass both the software platform and various support services, allowing for consistent revenue flow. Transactions are structured as B2B engagements, with WellStat partnering with organizations that prioritize sustainability and operational efficiency.
Pricing structures for the services are tailored to meet client needs and scale with their operational requirements, facilitating a flexible approach to energy management. The combination of these services positions WellStat as a crucial partner in the transition to smarter and more sustainable building management. As of April 2018, WellStat is focused on utilizing recent funding from Gainline Capital Partners to further develop its product line. Plans are in place to design and launch new products aimed at improving building energy management solutions, with specific details on timeline yet to be disclosed.
The company is also exploring expansion into new geographic markets, particularly targeting urban centers across North America, to meet increasing demand for sustainable building solutions. Recent funding will support these initiatives, allowing WellStat to enhance its product offerings and widen its market reach.
Current Investors
Gainline Capital Partners
Primary Industry
Software
Sub Industries
Electric Utilities, Analytics & Performance Software
Website
www.wellstat.io
Verticals
Artificial Intelligence, Cloud Computing, IoT (Internet of Things), Mobile Apps, Real Estate Tech
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
WellStat - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Iknaia Limited | - | ||||||||
| Add-on | Completed | MACH Energy Inc. | - | ||||||||
| Growth | Completed | WellStat | - |
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