WattIQ

Powering the future of asset-light and energy efficient enterprises.

General Information
Company Name
WattIQ
Founded Year
2013
Location (Offices)
South San Francisco, United States +2
Founders / Decision Makers
Number of Employees
20
Industries
Energy, IoT, Energy Efficiency
Funding Stage
Convertible Note
Social Media

WattIQ - Company Profile

WattIQ is an innovative startup that aims to revolutionize energy efficiency and asset management. Founded in 2013 and headquartered in the United States, the company's slogan, "Powering the future of asset-light and energy efficient enterprises," encapsulates its mission. The company provides an enterprise-grade IoT solution that enables the mining of data from every electrical device within a business simply by plugging it in. This unique approach of connecting previously unconnected electrical assets through smart plugs allows for monitoring utilization, health, energy usage, and location. One of the key strengths of WattIQ is its system's manufacturer- and device type-agnostic nature, scalable from tens to thousands of assets within a building or across multiple sites. The last major investment in WattIQ was a Convertible Note investment on 14 August 2018, and it came from Keiretsu Capital. The promising potential of the company's insights is evident in their ability to help customers optimize asset sharing, make critical procurement and maintenance contract decisions, prevent unplanned device failures, and protect valuable products and scientific endeavors. In conclusion, WattIQ presents an intriguing proposition with its cutting-edge technology, positioning itself at the forefront of energy efficiency. The recent investment further validates the confidence of Keiretsu Capital in the potential of WattIQ, marking a significant milestone for the company's growth and development in the energy efficiency industry.

Taxonomy: data mining, energy analytics, plug-load energy management, clean energy, enterprise-grade, smart plug, data insights, maintenance, procurement, predictive maintenance, manufacturer-agnostic, device monitoring

Funding Rounds & Investors of WattIQ (8)

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Funding Stage Amount No. Investors Investors Date
Convertible Note Unknown 1 14 Aug 2018
Series A $2.50M 1 07 Dec 2016
Series A Unknown 1 19 Jan 2016
Venture Round Unknown 1 01 May 2015
Debt Financing $450.00K - 16 Jan 2015

View All 8 Funding Rounds

Latest News of WattIQ

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No recent news or press coverage available for WattIQ .

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