# Genea Energy Partners

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/genea-energy-partners

- Industry: Software
- Headquarters: Irvine, US
- Website: www.getgenea.com
- Total disclosed funding: $13M
- Latest round: Series C (Jan 5, 2016)
- Investors on record: 1

## About

Genea Energy Partners, Inc. specializes in innovative cloud-based solutions for property management, providing services that enhance operational efficiency and tenant satisfaction in commercial real estate environments.Founded in 2006 and headquartered in Irvine, US, Genea Energy Partners, Inc. offers a cloud-based property technology platform. The company has successfully conducted 7 deals, with its most recent funding round, a Series D, raising USD 3.00 mn on June 15, 2018. Michael Wong serves as CEO.Genea’s core product offerings encompass a cloud-based property technology platform that integrates access control, submeter billing, and on-demand HVAC solutions. The Genea Security system enables businesses to manage access credentials, monitor activity, and assign mobile keys from any device, promoting operational efficiency and reducing security risks. The submeter billing service streamlines the billing process through an automated platform that eliminates manual reporting errors, enhancing transparency between property management and tenants. Additionally, the On-Demand HVAC solution allows tenants to request heating and cooling services via a mobile application, improving energy efficiency and user satisfaction. Genea targets commercial real estate markets across various geographical regions, enhancing building management for property teams and improving experiences for tenants and visitors alike.Genea generates revenue primarily through subscription-based models for its software offerings, which include Genea Security, On-Demand HVAC, and submeter billing solutions. These products are designed to facilitate seamless integration into existing systems, thereby minimizing costs associated with hardware overhaul. The transaction structure involves recurring fees for access to the software platform, with property management firms and commercial real estate operators as primary clients. Flagship services operate under a subscription model, allowing clients to access ongoing support and software updates as part of their engagement. Revenue is bolstered by the automation features that reduce operational inefficiencies, ultimately enhancing customer satisfaction and retention rates.In June 2018, Genea Energy Partners, Inc. raised USD 3.00 mn in Series D funding, which will be allocated towards developing new products and expanding its presence in additional commercial real estate markets. Specific plans for product launches are currently under development, aimed at enhancing existing service offerings. The company is targeting expansion into new regions to further capture market share and improve operational capabilities by leveraging recent funding to enhance technological infrastructure and service delivery.

## Funding rounds

- Series C, Jan 5, 2016, $13M — Nolan Capital

## Investors

- Nolan Capital — Series C