Encycle is a renewable energy startup established in 2005 and based in the United States. The company provides commercial HVAC optimization software, deploying autonomous intelligence and analytics to enhance energy efficiency and reduce operating costs and carbon footprint. Their patented machine learning solutions seamlessly integrate into maintenance workflows, making them the only utility-endorsed HVAC optimization software. The company recently received a significant $7.50M Venture Round investment on 11 May 2021. The funding round was led by notable investors including EnerTech Capital, Prelude Ventures, Active Impact Investments, Cycle Capital, NGEN Partners, Turntide Technologies, and Sorfina Capital. Encycle's focus on energy efficiency and sustainability within the commercial and industrial sectors positions them well in the growing market for eco-friendly solutions. Their track record of successful case studies and the backing of prominent investors make Encycle a compelling player in the renewable energy space. As they continue to expand their impact and innovation, their approach to HVAC optimization presents opportunities for significant industry disruption and growth. For more information, visit www.encycle.com and explore their case studies at https://www.encycle.com/case-studies/.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | $7.50M | 7 | Sorfina Capital | 11 May 2021 |
Venture Round | $4.86M | - | 16 Oct 2018 | |
Venture Round | $11.50M | 6 | BDC Venture Capital | 13 Dec 2016 |
Series B | $5.00M | 4 | BDC Venture Capital | 07 Oct 2014 |
Series B | $7.00M | 4 | Tim Angus, Encycle Corporation +1 | 04 Feb 2014 |
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