In 2017, the commercial sector took up 36% of all energy consumption in the United States. We take a look at six startups working to reduce this number and make buildings in the sector more energy efficient.
Commercial buildings include everything from hospitals and offices to the millions of retail stores and malls in the United States.
These buildings have a wide, unique spectrum of energy needs — they need to be adequately lighted, heated, and cooled, all while accounting for a range of occupants that come and go at uneven hours.
It’s a massive challenge — according to the United States Department of Energy, the commercial sector accounted for 36% of all energy consumption in the US.
Using the CB Insights platform, we surfaced six notable private market companies working to make buildings smarter, more energy efficient, and cheaper to run.
We selected these companies based on the recency and size of their disclosed funding and their Mosaic score, CB Insights’ algorithm that uses financial and non-financial signals to predict private company health.