StageSeed VC | Alive
Last Raised$5M | 1 yr ago
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+80 points in the past 30 days
Ecolibrium specializes in asset intelligence and energy optimization. It uses real-time data to provide valuable insights that increase the availability of critical assets while also improving overall operational efficiency. The company was founded in 2013 and is based in Wilmington, Delaware.
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Ecolibrium's Products & Differentiators
SmartSense is an IoT powered Asset and energy Intelligence Platform which houses algorithms which provide automated alerts and insights for improving operational cost efficiency and reduced downtime.
Expert Collections containing Ecolibrium
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Ecolibrium is included in 2 Expert Collections, including Artificial Intelligence.
This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.
Latest Ecolibrium News
May 15, 2023
USA - English Share this article SmartSense Discovery offers world class technology to unlock enterprise decarbonisation View carbon emissions of your entire real estate portfolio on a single dashboard within 48 hours of onboarding – the first step for companies to understand their carbon footprint Near real-time data feeds of carbon emissions Hardware-free installation LONDON, May 15, 2023 /PRNewswire/ -- Ecolibrium, the machine learning decarbonisation platform for industrial and commercial buildings, has announced the launch of SmartSense Discovery, a new tool that enables companies to identify, benchmark and manage the carbon footprint of their entire portfolio within 48 hours of onboarding. Ecolibrium SmartSense Discovery SmartSense Discovery has been developed to give companies an instant snapshot of the energy cost, use and carbon intensity of their buildings and portfolios. SmartSense Discovery will be an invaluable tool for organisations operating across a wide range of sectors, particularly those with a higher energy intensity or multi-site operations such as retail and hospitality. The platform also offers the same benefits to public sector bodies such as hospitals, schools and local authorities as the first step towards decarbonisation. SmartSense Discovery consolidates data into a single dashboard providing an overview of portfolio performance. This performance is then continuously analysed against building operation trends and benchmarks to monitor energy consumption and detect anomalies. Data gathered on SmartSense Discovery can form the basis for mandatory reporting. In the UK, all large organisations are required to comply with the Streamlined Energy and Carbon Reporting (SECR) framework. SECR looks at both greenhouse gas emissions and efforts being taken to improve energy efficiency and is a key step in an ever-tightening regulatory regime to support the Government's Net Zero Carbon 2050 goal. SmartSense Discovery is just the first step that organisations can take in partnering with Ecolibrium. Organisations can upgrade to SmartSense Insights, a comprehensive tool that assimilates thousands of IoT data points from across an organisation's entire operational infrastructure to create a digital twin, down to the smallest energy assets. Machine learning is used by SmartSense Insights to compare performance against the highest industry standards. Ecolibrium then produces a roadmap of activity for continuous improvement and to achieve operational excellence, sustainability targets, and healthier buildings. This has achieved 15% - 20% energy savings and 12% - 15% carbon emissions savings for over 100 clients globally. Chintan Soni, CEO of Ecolibrium, said: "As the UK races to meet its legally binding Carbon Net Zero commitments by 2050, research from the British Chambers of Commerce has shown that 90% of businesses are yet to take the crucial first step of capturing and managing their carbon footprint. SmartSense Discovery solves this challenge for the first time by helping companies consolidate their data into a single, automated, real-time dashboard, giving an intelligent view of the total energy cost, carbon intensity and energy use which can be used as a springboard for introducing major efficiencies and cost savings. "Reaching Net Zero is not only beneficial for the planet but it positively impacts business and the workforce too. Digitalising processes frees up time for analysis and identifying savings opportunities. Pushing the boundaries of technology to digitally accelerate the decarbonisation journey is key to delivering sustainable prosperity, a harmonious balance between people, planet and profit. "This approach is proven to pay off. For example, recent research from CBRE has shown that office buildings with sustainability certifications command a 6% rental premium, a phenomenon known as the 'green premium' amongst the industry." For further information or to sign up for a SmartSense Discovery demo, please visit www.ecolibrium.io . For press enquiries, contact: About Ecolibrium Founded in 2011 by entrepreneur brothers Chintan and Harit Soni, Ecolibrium is a technology-driven sustainability company, providing cutting-edge solutions for enterprises to identify, plan and operationalise their Carbon Net Zero ambitions. Ecolibrium is on a mission to deliver sustainable prosperity for organisations across the globe by balancing people, planet and profit. By leveraging proprietary machine-learning algorithms, Ecolibrium's flagship IoT solution SmartSense provides measurable outcomes and a decarbonisation roadmap. SmartSense overlays existing systems, connecting data points to provide a bird's eye view of carbon, energy and operational costs for clients, making the invisible, visible. The reporting module then presents the ESG scores, and operational efficiency KPIs and compares them against set milestones, providing a continuous improvement programme. SmartSense is currently being used across 50 million sq ft of real estate, by more than 100 companies globally. For more information, visit: www.ecolibrium.io
Ecolibrium Frequently Asked Questions (FAQ)
When was Ecolibrium founded?
Ecolibrium was founded in 2013.
Where is Ecolibrium's headquarters?
Ecolibrium's headquarters is located at 1013 Centre Road, Suite 403-B, Wilmington.
What is Ecolibrium's latest funding round?
Ecolibrium's latest funding round is Seed VC.
How much did Ecolibrium raise?
Ecolibrium raised a total of $5M.
Who are the investors of Ecolibrium?
Investors of Ecolibrium include Swordfish Investments, Unbound and Village Capital.
Who are Ecolibrium's competitors?
Competitors of Ecolibrium include Gridium and 6 more.
What products does Ecolibrium offer?
Ecolibrium's products include SmartSense .
Who are Ecolibrium's customers?
Customers of Ecolibrium include United Breweries (UB) and Godrej Group.
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