# Enertiv

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

- Industry: Software
- Headquarters: New York, US
- Website: www.enertiv.com
- Total disclosed funding: $15M
- Latest round: Seed (Jan 13, 2022)
- Investors on record: 12

## About

Enertiv, Inc. provides operational intelligence solutions for commercial real estate, focusing on utility data collection, tenant engagement, and equipment optimization to enhance operational efficiency and sustainability.Founded in 2009 and headquartered in New York, US, Enertiv, Inc. specializes in operational intelligence for commercial real estate. The company was co-founded by Connell McGill and Pavel Khodorkovskiy. Enertiv has successfully completed 11 deals, with its most recent funding round being a Seed round in January 2022, where it raised USD 9.000 mn, bringing its total amount raised to USD 9.000 mn and a current valuation of USD 27.943 mn. This funding round was co-led by Commonweal Ventures and GroundBreak Ventures.Enertiv specializes in operational intelligence solutions for commercial real estate (CRE) through a comprehensive platform focusing on utility data collection, tenant engagement, and equipment optimization. Key offerings include automated utility data tracking, enabling accurate collection of energy usage without tenant involvement, and a tenant portal offering insights into consumption and billing history. Enertiv also provides hardware installation, maintenance, and expert support to a diverse client base across the US and Canada, collaborating with property owners in industrial, retail, multifamily, and office sectors.Enertiv operates primarily on a subscription model, providing services that enhance operational efficiency and sustainability in commercial properties. Clients engage through multi-year contracts that include utility data management and tenant engagement tools. The company's core offerings, including energy and ESG reporting tools, are designed to help clients meet regulatory standards and sustainability goals, ensuring tailored solutions that drive cost savings and efficiency.Following the Seed funding round in January 2022, which raised USD 9.000 mn, Enertiv plans to develop its ESG solution and enhance core software offerings, including AI algorithms and asset-level optimization. The company aims to expand into new markets and geographical regions, focusing on increasing its presence in North America. The funding will support these initiatives, enabling Enertiv to innovate and better serve its growing client base.

## Funding rounds

- Seed, Jan 13, 2022, $9M — GroundBreak Ventures, Commonweal Ventures
- Seed, Oct 4, 2018 — MetaProp
- Seed, Jan 25, 2018, $4.3M — Cerium, MetaProp, Fifth Wall Ventures, Rudin Ventures, New York Angels
- Seed, Feb 1, 2017 — Cerium, MetaProp, Empire Angels, Fifth Wall Ventures, AAF Management, Rudin Ventures
- Seed, Oct 1, 2016 — Empire Angels, New York Angels
- Seed, Sep 1, 2014, $1.1M — R/GA Ventures, Vaidya Capital Partners
- Seed, Dec 3, 2013, $0.1M — Techstars, R/GA Ventures

## Investors

- Techstars (https://capitalatlas.ai/funds/techstars) — Seed
- R/GA Ventures (https://capitalatlas.ai/funds/r-ga-ventures) — Seed
- Vaidya Capital Partners (https://capitalatlas.ai/funds/vaidya-capital-partners) — Seed
- Empire Angels (https://capitalatlas.ai/funds/empire-angels) — Seed
- New York Angels (https://capitalatlas.ai/funds/new-york-angels) — Seed
- Cerium (https://capitalatlas.ai/funds/cerium) — Seed
- MetaProp (https://capitalatlas.ai/funds/metaprop) — Seed
- Fifth Wall Ventures (https://capitalatlas.ai/funds/fifth-wall-ventures) — Seed
- AAF Management (https://capitalatlas.ai/funds/aaf-management) — Seed
- Rudin Ventures — Seed
- GroundBreak Ventures (https://capitalatlas.ai/funds/groundbreak-ventures) — Seed
- Commonweal Ventures (https://capitalatlas.ai/funds/commonweal-ventures) — Seed