Adaptis

Adaptis

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$4.0m

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Adaptis is a Canadian company, founded in 2022 by Sheida Shahi and Aida Mollaei, that operates an AI-powered platform for carbon accounting and building optimization. The founders' journey originated from their academic research at the University of Waterloo, where they explored strategies to reduce carbon emissions and promote a circular economy in the construction sector. Shahi, a former architect with over nine years of experience, and Mollaei, an expert in waste and circular management, combined their expertise to address the inefficiencies they observed in the industry. Their research, which began as early as 2020, focused on identifying business models for a circular economy in construction and formed the foundation of the company.

The firm provides a decision-support platform for building owners, asset managers, architects, and engineers, helping them align sustainability goals with financial performance. Its business model is centered on its proprietary software that analyzes financial, operational, and sustainability data to deliver actionable insights for decarbonization and capital planning. The platform caters to a range of clients, from those managing large portfolios to individual building projects, and is expanding its services beyond Class A properties to include Class B and C buildings. Revenue is generated through this platform, which saw a 370% increase from 2023 to 2024.

Adaptis's core service is an AI-driven platform that streamlines the process of evaluating and optimizing buildings for cost and carbon efficiency throughout their entire lifecycle. It analyzes existing conditions, provides real-time analysis, and generates thousands of design and retrofit options to reduce carbon emissions, some by at least 60%. The platform covers all lifecycle stages (A-D) and is compliant with ISO 14044:06, enabling it to provide comprehensive recommendations for scope 1-3 emissions and scope 4 reporting. A key feature is its ability to integrate with existing tools like IFCs and EnergyPlus, allowing for seamless data ingestion. The system shortens project timelines significantly by automating compliance and assessment processes, helping developers break ground faster. This results in average capital expenditure savings of 20% for clients.

Keywords: building decarbonization, carbon accounting software, proptech, cleantech, whole-life carbon analysis, circular economy construction, AI building optimization, capital planning real estate, retrofit planning, sustainable building, emissions reduction platform, green building technology, construction technology, asset management software, real estate sustainability, building lifecycle management, energy efficiency buildings, climate tech, predictive analytics real estate, automated deconstruction planning

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