Encycle Corporation
Latest round
- Series B
Last raised
- Oct 2014
Total raised
- $19M
Investors
- 4
About Encycle Corporation
Encycle Corporation focuses on optimizing energy usage in commercial facilities. Founded in 2005 by Mark Kerbel, the company is headquartered in San Marcos, US.Encycle Technologies, Inc. primarily offers advanced HVAC optimization solutions through its flagship product, Swarm Logic, which is an autonomous software designed to enhance energy efficiency and comfort in commercial buildings. Utilizing patented machine learning algorithms, Swarm Logic integrates seamlessly into existing building control systems, optimizing HVAC operations in real-time and reducing energy consumption, thereby addressing significant operational costs and environmental impact. The company's services cater to multi-site commercial and industrial clients, including building owners, facility managers, and utility companies, aiming to enhance decision-making related to energy use and sustainability goals.Encycle Technologies generates revenue through a subscription-based model for its SaaS offerings, with clients typically entering into agreements for access to their HVAC optimization solutions, including Swarm Logic. This model allows clients, predominantly in the commercial and industrial sectors, to benefit from ongoing software updates and support, while Encycle provides continuous enhancements to system performance. The company’s revenue structure may involve performance-based incentives tied to energy savings achieved through their services, fostering long-term partnerships with building operators and utility providers. The company plans to introduce new products aimed at optimizing energy management solutions for additional market segments. Encycle is also targeting expansion into new geographic regions, with specific plans to enhance its presence throughout North America by the end of 2023.
Who invested in Encycle Corporation
4 investors across 2 rounds
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Questions about Encycle Corporation
Who invested in Encycle Corporation?
Encycle Corporation has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Encycle Corporation raised?
Encycle Corporation has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Encycle Corporation last raise money?
Encycle Corporation's most recent round on record is a Series B, in Oct 2014.
What does Encycle Corporation do?
Encycle Corporation focuses on optimizing energy usage in commercial facilities.
Where is Encycle Corporation headquartered?
Encycle Corporation is headquartered in San Marcos, US.
Which VCs invest in companies like Encycle Corporation?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back energy storage & batteries companies at Encycle Corporation's stage. Their profiles are linked below.
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