# Audette Analytics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/audette-analytics

- Industry: Commercial Property
- Headquarters: Victoria, Canada
- Website: www.audette.io
- Total disclosed funding: $10M
- Latest round: Seed (Nov 3, 2022)
- Investors on record: 9

## About

Based in Canada, Audette Analytics Inc. specializes in innovative decarbonization planning for commercial real estate, utilizing advanced modeling techniques to assist clients in achieving sustainability goals.Founded in 2019 and headquartered in Victoria, Canada, Audette Analytics Inc. provides a platform for decarbonization planning tailored to commercial real estate. The company has successfully completed six deals, with its most recent funding round occurring on July 1, 2024, during which it raised CAD 3.55 million from investors including Active Impact Investments and Thin Line Capital. Christopher Naismith serves as the CEO.Audette offers a decarbonization planning platform specifically designed for commercial real estate. It uses physics-based modeling, trained on over 800,000 energy model simulations, to create comprehensive decarbonization plans tailored to property portfolios. Users can input basic information such as addresses and building types to generate actionable plans that address the challenges of data collection in sustainability efforts. The platform is utilized by various large real estate portfolios and ESG teams across North America and Europe, focusing on sustainable building practices.Audette's revenue model is primarily subscription-based, allowing clients to access its decarbonization planning platform and associated services. Subscriptions enable dynamic, real-time updates and the generation of detailed, budget-ready decarbonization plans. The platform emphasizes a clear cost-benefit analysis for decarbonization measures, helping clients prioritize projects with substantial carbon reduction potential and financial benefits.In July 2024, Audette Analytics Inc. raised CAD 3.55 million in venture funding, which will be utilized to attract more customers. The company has plans to expand its offerings and enhance its platform capabilities to better serve its clients. Specific geographic markets targeted for growth are yet to be disclosed, but the company aims to solidify its presence in North America and Europe where the demand for sustainable practices is increasing.

## Funding rounds

- Seed, Nov 3, 2022, $9.5M — Johnson Controls, Powerhouse Ventures, Energy Impact Partners, Active Impact Investments, Buoyant Ventures, Turnham Green Capital, Undivided Ventures, Osgoode Properties
- Seed, Sep 2, 2021, $0.8M — Powerhouse Ventures, Panache Ventures, Active Impact Investments, Turnham Green Capital

## Investors

- Powerhouse Ventures — Seed
- Panache Ventures (https://capitalatlas.ai/funds/panache-ventures) — Seed
- Active Impact Investments (https://capitalatlas.ai/funds/active-impact-investments) — Seed
- Turnham Green Capital (https://capitalatlas.ai/funds/turnham-green-capital) — Seed
- Johnson Controls — Seed
- Energy Impact Partners (https://capitalatlas.ai/funds/energy-impact-partners) — Seed
- Buoyant Ventures (https://capitalatlas.ai/funds/buoyant-ventures) — Seed
- Undivided Ventures (https://capitalatlas.ai/funds/undivided-ventures) — Seed
- Osgoode Properties — Seed