Neurio Secures CDN$1.5m in Seed Funding

neurio-logoNeurio (formerly known as Energy Aware), a Vancouver, Canada-based home intelligence technology company, secured CDN$1.5m in seed funding.

The round was led by BDC Venture Capital.

The company intends to use the funds for growth of the platform and recruitment of new people.

Led by Janice Cheam, President and CEO, Neurio provides a platform to monitor individual electrical devices such as appliances, water tanks and heating and cooling systems, through a single sensor installed in the home’s breaker panel. It also uses smart cloud-based analytics to figure out what individual appliances are up to—without the need to install sensors on every device. Users interact with Neurio through a customizable app and set up notifications to send a message when the things happen (wash is done or detect when the garage door opens).

The platform also offers an open API and is developer-friendly.

FinSMEs

17/12/2014

 

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