Ekotrope, a Cambridge, MA-based provider of software for the building industry, raised $1.7m in funding.
Investors include the Massachusetts Clean Energy Center (MassCEC) and others.
Led by Ziv Rozenblum, CEO and founder, Ekotrope provides software that leverages machine intelligence-based algorithms created by MIT Aeronautics and Astronautics Professor Edward Crawley to analyze entire buildings during the design phase, compare different component configurations, and provide clients with the most cost-effective ways to meet energy-related goals and maximize lifecycle savings.
The platform also provides an interactive report of a building’s energy performance, allowing users to make real-time decisions and conduct what-if scenarios during planning and construction phases.
To date, the company has raised $3m and has been contracted to optimize over 700,000 square feet of building space in 11 states across the US.