Energy Analytics Companies to Watch

January 5, 2015 By Karen Henry

analytics energy manageThe market for energy analytics services is growing quickly, and Forbes provided a list of the companies that made headlines in the last part of 2014.

BuildingIQ’s cloud services saved customers $700,000 in the third quarter of 2014. The company is working with NV Energy to help several Las Vegas casinos and resorts participate in demand response programs, and it has raised $20.7 million in venture capital in four rounds.

C3 Energy’s grid analytics software is used by 20 utilities to manage more than 52 million smart meters, and the company has sunk about $150 million into development. C3 has also disclosed that it will be acquiring Energy Efficiency 2.0.

Daintree Networks has raised an estimated $12 million. Its ControlScope energy management system can be hosted either in a cloud service or on a local server.

Ecova and Verisae announced a partnership in the second quarter of 2014. Since then, nearly 3,000 client facilities have started using the companies’ enhanced Continuous Monitoring software.

EnergySavvy’s latest funding round was oversubscribed at $8.25 million. The company provides energy efficiency cloud software to utilities and state programs, boasting 24 utility and program clients in more than 20 states.

FirstFuel Software’s Remote Building Assessment project helped the U.S. Department of Defense identify approximately $4 billion in potential energy savings through assessments of more than 100 buildings. FirstFuel has raised about $20.9 million in three funding rounds.

kWantera leverages predictive analytics to provide businesses with insight into fluctuating energy prices. General Electric, Innovation Works, AGSM Partners and Mountwest Investors joined forces to invest in the company in a Series B funding round. The amount was not disclosed.

Pulse Energy was acquired last month by EnerNOC. The companies provide engagement, demand response, analytics and management services to more than 50 utilities.

Retroficiency’s Building Efficiency Intelligence service is used by customers such as Pacific Gas & Electric, Consolidated Edison and National Grid.

WegoWise gathers energy and water benchmarking data and sells it to building owners and real estate management companies. The company has benchmarking data on more than 25,000 buildings.

2 comments on “Energy Analytics Companies to Watch

  1. While analytics are great, it still leaves a lot of work to the end user for ‘actioning’ the actual optimization of the facility. This is why we are targeting a step further – by applying smart algorithms at the BAS level, we are automating the energy optimization process.

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