HELIXintel Raises Series A Funding

HELIXintel

HELIXintel, a New York-based provider of building management, predictive analytics, and equipment management solutions, raised an undisclosed amount in Series A funding.

The round was led by National Grid Partners, with participation from Munich Re Ventures, Stellifi, Motivate Ventures and others.

The company intends to use the funds to expand its business reach.

Led by Jon DeWald, CEO, HELIXintel provides tools for insurers to manage risk, property managers to manage their portfolio, energy companies to deliver incentives that improve energy and resource efficiency, and vendors to deliver quality. The platform sources and organizes property and asset data on a significant scale to enable businesses to empower themselves by making strategic and informed decisions, unlocking hidden value within their properties and assets.

HELIXintel has rapidly expanded its presence across the nation, delivering innovative insurance technology solutions to clients such as the New York Schools Insurance Reciprocal and its 345 public K-12 Member Districts and BOCES.

Ahead of its Series A funding round, the company unveiled its latest innovation, HELIXintel Savings Scout™, a service specifically designed to assist businesses in identifying and applying for various forms of free funding, including rebates, grants, and tax credits, for operational and capital improvements. The business solution discovered incentives worth over $240,000 targeted at future cost reduction for a school in the Eastchester Union Free School District.

FinSMEs

13/06/2023