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BuildPulse raises $1.3M to expand building energy analytics platform

BuildPulse raises .3M to expand building energy analytics platform

BuildPulse founders Jason Burt and Brice Kosnik.
BuildPulse founders Jason Burt and Brice Kosnik.

BuildPulse, a Seattle startup that helps facility teams better manage their buildings, has raised $ 1.3 million.

The fresh funding comes from Alliance of Angels, Seattle Angel Fund, Bellingham Angel Investors, Tappan Hill Ventures, and other angel investors in the Seattle region.

Founded in 2014 by Brice Kosnik and Jason Burt, BuildPulse has developed a plug-and-play cloud-based analytics platform that gives building operators data and insight about energy use.

Kosnik previously led a building automation controls company. That experience showed him how clients had trouble not only managing huge amounts of data, but also with acting upon that information to improve efficiency for building and HVAC systems.

“Often times they are doing well, but just need some help finding opportunities and verifying changes,” Kosnik explained. “Automated reporting helps them make changes and measure the impact without having to be experts in data and analytics.”

The company’s software can integrate with existing building automation systems, without the need for manual setup. Customers range from Fortune 500 companies to those in education and local government.

Total funding to date for BuildPulse is $ 1.8 million. The company, which graduated from the 9MileLabs accelerator in 2014, employs eight people. It is similar to another Seattle startup, Optimum Energy, which raised $ 10 million last year.

Startups – GeekWire http://www.geekwire.com/2016/buildpulse-raises-1-3m-expand-building-energy-analytics-platform/

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