# One Degree

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/one-degree

- Industry: Internet
- Headquarters: San Francisco, US
- Website: www.1deg.org
- Latest round: Seed (Jan 1, 2014)
- Investors on record: 1

## About

One Degree is a technology company focused on enhancing energy efficiency through innovative solutions, primarily offering advanced energy management systems for residential and commercial applications.Founded in 2011 in San Francisco, US, One Degree specializes in energy management solutions. The company has not undergone any notable pivots or changes in its business strategy. Its founder, Dana Dugan, has a history of entrepreneurship.One Degree develops advanced energy management systems that utilize machine learning algorithms and real-time data analytics to optimize energy usage in buildings. These systems are designed to help clients reduce operational costs, lower energy bills, and assist governments in achieving sustainability goals. The company serves a range of clients including large corporations, SMEs, and municipalities, with its offerings available across North America, Europe, and parts of Asia.One Degree's revenue model is primarily subscription-based, with clients entering annual contracts for access to their energy management software, support, and updates. Additional revenue may come from partnerships with energy providers and consulting firms. Their flagship product, the energy analytics platform, offers flexible pricing plans that cater to both large enterprises and smaller businesses.In March 2014, One Degree secured Seed financing from Y Combinator to support its growth initiatives. The company plans to enhance its product offerings with upcoming innovations aimed at further improving energy efficiency. Additionally, One Degree is targeting expansion into new markets, specifically focusing on Europe and parts of Asia by 2025. The recent funding is expected to be utilized for developing these new products and facilitating market entry.

## Funding rounds

- Seed, Jan 1, 2014 — Y Combinator

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed