# Aquicore

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aquicore

- Industry: Software
- Headquarters: Washington, US
- Website: www.aquicore.com
- Total disclosed funding: $32M
- Latest round: Series A (Jul 28, 2020)
- Investors on record: 13

## About

Aquicore, Inc. provides a comprehensive energy management platform that optimizes operational efficiency for commercial buildings, leveraging artificial intelligence for energy data analysis and control.Founded in 2013 and headquartered in Washington, US, Aquicore specializes in energy management solutions for the commercial sector. The company was acquired in November 2022 by Information Grid Limited, which aims to enhance Aquicore’s capabilities in AI-powered technology and ESG reporting. Logan Soya serves as the CEO, guiding the company through its evolution in the energy management field. The company's recent funding includes a Series A round led by Keyframe Capital Partners, amounting to USD 14.00 mn, raising a total of USD 14.00 mn to date with a current valuation of USD 52.98 mn.Aquicore offers an advanced energy management solution designed for the commercial built environment, focusing on optimizing operational efficiency. The platform utilizes artificial intelligence to aggregate and analyze energy data, featuring functionalities such as automated demand management and remote setpoint control. Clients across sectors like real estate and hospitality benefit from tailored solutions that enhance building performance and sustainability efforts.Aquicore generates revenue through a subscription-based model and strategic partnerships, focusing on B2B clients. The company offers services centered on energy data management and optimization, ensuring clients achieve measurable energy savings and operational efficiencies. Contracts typically provide access to Aquicore’s technology and ongoing support, fostering continuous optimization of energy consumption.Following the acquisition in November 2022, Aquicore plans to integrate its AI-driven energy management technology with ESG reporting capabilities, enhancing its market offerings. The company aims to expand its services into new geographical markets, particularly enhancing its presence in the United States and the United Kingdom. The recent Series A funding of USD 14.00 mn will support these initiatives, allowing Aquicore to strengthen its product line and market reach.

## Funding rounds

- Series A, Jul 28, 2020, $14M — The Westly Group, Navitas Capital, Fifth Wall Ventures, Noa, Keyframe Capital Partners
- Series A, May 22, 2019, $7.5M — Blackstone Group, The Westly Group, ClearSky Advisors LLC, Fifth Wall Ventures
- Series A, Jun 8, 2016, $5M — Navitas Capital, Forum Ventures, Kiddar Capital, 1776, CAH Capital
- Seed, Sep 2, 2015, $3.1M — 1776
- Seed, Jan 1, 2014, $2M — Fortify Ventures, New Dominion Angels, Forum Ventures

## Investors

- Fortify Ventures (https://capitalatlas.ai/funds/fortify-ventures) — Seed
- New Dominion Angels — Seed
- Forum Ventures (https://capitalatlas.ai/funds/forum-ventures) — Seed, Series A
- 1776 (https://capitalatlas.ai/funds/1776) — Seed, Series A
- Navitas Capital — Series A
- Kiddar Capital (https://capitalatlas.ai/funds/kiddar-capital) — Series A
- CAH Capital (https://capitalatlas.ai/funds/cah-capital) — Series A
- Blackstone Group (https://capitalatlas.ai/funds/blackstone-group) — Series A
- The Westly Group (https://capitalatlas.ai/funds/the-westly-group) — Series A
- ClearSky Advisors LLC — Series A
- Fifth Wall Ventures (https://capitalatlas.ai/funds/fifth-wall-ventures) — Series A
- Noa (https://capitalatlas.ai/funds/noa) — Series A
- Keyframe Capital Partners — Series A