What is Enertiv?
Founded in 2011 and based in New York City, Enertiv provides a platform designed to enhance transparency and increase Net Operating Income (NOI) within the commercial real estate sector. By leveraging data-driven insights, the company empowers building owners and operators to optimize asset performance. Enertiv's approach focuses on converting raw building data into actionable intelligence, thereby increasing the overall asset value for its clients.
How much funding has Enertiv raised?
Enertiv has raised a total of $27.8M across 7 funding rounds:
Angel/Seed
$750K
Private Equity
$4.2M
Angel/Seed
$4.3M
Debt
$350K
Debt
$343K
Unspecified
$9M
Unspecified
$9M
Angel/Seed (2014): $750K with participation from Vaidya Capital Partners
Private Equity (2017): $4.2M, investors not publicly disclosed
Angel/Seed (2018): $4.3M supported by Cerium Technology, Fifth Wall, New York Angels, and MetaProp NYC.
Debt (2020): $350K featuring PPP
Debt (2021): $343K backed by PPP
Unspecified (2022): $9M, investors not publicly disclosed
Unspecified (2022): $9M led by Commonweal Ventures and GroundBreak Ventures
Key Investors in Enertiv
Cerium Technology
Cerium Technology is an investor in Enertiv's funding rounds. Further details on their investment focus are not provided.
Fifth Wall
Fifth Wall is the largest venture capital firm focused on technologies for the global real estate industry, investing in proptech companies that redefine the future of the physical environment.
New York Angels
New York Angels is a prominent angel investment group providing early-stage funding, mentoring, and connections to entrepreneurs for over 20 years.
What's next for Enertiv?
The recent major strategic investment in Enertiv signals a strong validation of its business model and market position. This influx of capital is likely to fuel further platform development, expansion into new markets, and enhanced customer acquisition efforts. Enertiv is poised to continue its growth trajectory, solidifying its role as a key player in the proptech industry by offering innovative solutions that address the evolving needs of commercial real estate operations.
See full Enertiv company page