I’m extraordinarily proud to share that Aquicore has raised $14 million in new funding, led by Keyframe Capital with additional participation by A/O Proptech and Westly Group. We’ve come a long way since I founded the company in 2013, but there’s a lot more ahead of us than behind us and I could not be more excited about our future.
Today’s world is more unpredictable than any time in recent memory and we believe it is essential to equip people with the tools they need to operate their building as responsibly and safely as possible – both for their tenants and the planet. For better or worse, COVID-19 is becoming a catalyst for digital transformation, and we find ourselves at an inflection point where we plan to continue at the forefront of this space.
Aquicore started out as a platform focused on energy management and building connectivity for commercial real estate. We built modern tools so property teams could build better practices around communication, utility budgeting, and building optimization. Last year we acquired a company in order to expand our product offering, fulfilling our aim to be a platform that provides value to buildings of every size and complexity.
As we’ve added more capabilities to our solution, we’ve seen the compounding benefits for our customers. We recognize the critical need of unlocking building data and transforming it into usable, actionable insights in order to offer tangible results which allow our customers to understand where to invest resources, to see what the impact of their activities looks like, and to better define what smart building tools mean for the industry.
Today we proudly serve over 275 million square feet and 1000 buildings and we’re seeing the dawn of a new era in smart buildings. Coupled with advancements in technology and AI/machine learning, we see a future where buildings can be both resilient, efficient, and more easily deliver the economic goals of real estate owners.
As we look ahead with a fresh round of funding, our original mission of helping people connect to buildings remains unchanged. You can expect to see us move aggressively forward into this new era, arming ourselves to deliver on this objective with new features and capabilities that extend beyond our existing offerings.
This capital will allow us to accelerate as we build a unified smart building platform that delivers new ways for digital building operations to more deeply connect to the people of real estate. We’ve got a team of passionate and ambitious people, and we’re continuing to grow the team this year (we’re hiring!).
On behalf of everyone at Aquicore, I want to give a big thanks to our customers, partners, investors, and supporters for all that they’ve contributed along the way. Stay tuned for what’s next!