Aquicore, a Washington, DC-based provider of comprehensive building energy analytics and process automation solutions, closed a $3.1m funding round.
The round was led by global startup incubator and seed fund 1776.
The company intends to use the proceeds for continued expansion into key markets across the country.
Led by founder and CEO Logan Soya, Aquicore offers comprehensive energy analytics and automation solutions for commercial real estate. Its technology automatically reads and compiles data from utility meters and submeters in real-time allowing building owners, managers, and engineers as well as sustainability teams to get access to the intelligence they need to operate more efficiently. The company’s solutions include an energy analytics platform, an automated utility invoicing system, and a meter management tool, coupled with hardware and streamlined delivery.
The technology is now deployed in over 500 buildings across the United States.
Aquicore has a team of 28.