Cortex Intel, a Washington, DC-based building analytics software company, raised $6M in Series A funding.
The round, which brought $11M in total funding to date, was led by 4490 Ventures.
The company intends to use the funds to grow its product management, sales and marketing teams, as well as build new software and machine-learning products.
Led by Bryan Bennett, Founder and CEO, Cortex applies proprietary analytics to existing, underutilized data streams, such as equipment operations, space temperatures, meter readings, occupancy levels and weather forecasts to improve the comfort and sustainability of building operations while simultaneously reducing carbon emissions. Its mobile and web app allows building engineers to get access to charts and operational recommendations.
The company’s latest product releases include its new Building Health Dashboard, which calculates key metrics like Air Changes per Hour and Fresh Air %, continuously helping building operators bring tenants safely back to the office post-COVID and improving the overall in-building air quality.
FinSMEs
12/05/2021