# SAGE Electrochromics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sage-electrochromics

- Industry: Materials
- Headquarters: Faribault, US
- Website: www.sageglass.com
- Total disclosed funding: $36M
- Latest round: Series C (Feb 24, 2009)
- Investors on record: 3

## About

SAGE Electrochromics, Inc. specializes in advanced electrochromic glass technology, providing intelligent window solutions that dynamically adjust tint to enhance energy efficiency and improve natural lighting conditions for commercial spaces.Founded in 1989 in Faribault, US, SAGE Electrochromics, Inc. produces electrochromic glass products designed for energy-efficient architecture. The firm has undergone pivotal shifts in its business strategy, notably being acquired by Saint Gobain in May 2012. The company has completed three funding deals, with the most recent being a Series C funding round in which it raised USD 20.00 mn. The round was led by Good Energies Inc. and included investors such as Applied Ventures and Bekaert.SageGlass is a leading provider of electrochromic glass technology, offering smart windows that can tint on demand throughout the day. Their primary product lines include SageGlass Classic, providing full-pane uniform tinting, and SageGlass Harmony®, featuring in-pane gradient tinting for optimized daylight and glare control. The products cater to commercial and institutional markets, including airports, hospitality, higher education, and healthcare, with installations across 27 countries, including North America and Europe. Their clientele includes architects, builders, and organizations aiming to enhance occupant comfort and sustainability.SAGE Electrochromics generates revenue from the sale and installation of its electrochromic glass products through B2B transactions with commercial clients and institutions. The revenue model is primarily based on direct sales to architects and builders, who integrate the technology into their projects, along with partnerships with leading building management systems. The pricing structures for products like SageGlass Harmony® are customized according to project needs, ensuring effective integration of their technology in various building types, thereby enhancing performance and design.SAGE Electrochromics plans to leverage recent funding to develop new products and expand into additional markets. Upcoming innovations are expected to include advanced electrochromic technologies aimed at enhancing energy efficiency and occupant wellness, with specific launch dates yet to be announced. The firm is targeting expansion in the commercial construction sectors in Europe and Asia by 2025, utilizing the USD 20.00 mn from its latest funding round to support these initiatives and broaden its market presence.

## Funding rounds

- Series C, Feb 24, 2009, $20M — Applied Ventures, Bekaert, Good Energies Inc.
- Series B, Jul 17, 2007, $16M — Applied Ventures, Bekaert, Good Energies Inc.

## Investors

- Applied Ventures (https://capitalatlas.ai/funds/applied-ventures) — Series B, Series C
- Bekaert — Series B, Series C
- Good Energies Inc. — Series B, Series C