Enertiv Raises $750,000 in Seed Funding
Enertiv, which was founded in 2011 and provides a hardware and software based energy monitoring platform secured a seed round of $750,000.
Enertiv will use this funding to accelerate its growth and continue hiring hardware and software engineers, designers and salespeople.
Leading this round of investment was Vaidya Capital Partners and R/GA Ventures. Other investors included: Jerry Kestenbaum, the founder and president of BuildingLink; Asad Husain of Bald Eagle Capital also executive director of Interpublic Group; Stephen Plumlee, global chief operating officer of R/GA; Barry Wacksman, EVP and chief growth officer of R/GA; Cameron Drummond, the principal at Mastodon Capital Management; and angel investors, Daniel Feldman and Christopher Smith.
To date Enertiv has raised over $1.5 million.
The company recently launched its newest piece of hardware, the EnertivTwo, an energy monitoring device. Paired with the EnertivEMS, clients can monitor the consumption from every circuit breaker in their electrical panels.
- Operationalizing EHS Management: Bridge the Gap from Strategy to Execution
- Advanced Rooftop-Unit Control (ARC) Retrofits: Field Demonstrations Validate Energy Savings
- There’s Money in the Trash
- Approaches to Managing EHS&S Data
- Four Key Questions to Ask Before Your Next Energy Purchase
- 2016 Environmental Leader Product & Project Awards
- Financing Environmental Resiliency and a Low-Carbon Future with Green Bonds
- 10 Tactics of Successful Energy Managers
- The New Energy Future - Challenges and Opportunities in Corporate Energy Management
- eBook: Five Key Considerations for Integrating Renewables into Your Procurement Strategy