
Audette
A digital platform for commercial energy management professionals to identify and deploy energy efficiency projects quickly and with confidence.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor investor investor investor | €0.0 | round |
N/A | €0.0 | round | |
investor | €0.0 | round | |
investor investor investor | €0.0 | round | |
investor investor investor investor | €0.0 | round | |
* | $9.5m | Seed | |
Total Funding | 000k |
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 74 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Audette is a B2B software-as-a-service (SaaS) company that provides a platform for commercial real estate asset managers to develop and implement decarbonization plans. Founded in 2018 by Christopher Naismith, a building scientist and engineer, the company aims to address the slow pace of carbon reduction in the building sector. Naismith's decade of experience in designing energy efficiency and decarbonization strategies for large corporations informed his vision for a scalable, data-driven solution. He recognized that traditional, human-driven energy audits were too slow and costly for the large-scale changes needed.
The company's core offering is a platform that uses artificial intelligence to analyze building data and create actionable, budget-ready net-zero roadmaps. It leverages a massive data lake of commercial building information and combines it with a client's specific portfolio data, such as utility and equipment records. This allows for detailed modeling to identify and prioritize emission-reduction opportunities across entire portfolios. The platform is designed for large property owners like pension funds and city managers who oversee extensive real estate holdings. The business model is a subscription service, charging a flat fee per building annually.
Audette's technology digitizes the process of identifying low-carbon building improvements, enabling users to visualize their entire portfolio, develop strategies, track progress, and source financing for retrofits. The system can generate comprehensive decarbonization plans from a simple address list, leveraging over 800,000 energy model simulations. This approach bypasses the need for initial, time-consuming physical energy audits for every building. Since its inception, Audette has secured significant funding, including a $9.5 million USD seed round in November 2022, to expand its operations across North America. The company is headquartered in Victoria, British Columbia, Canada.
Keywords: decarbonization planning, commercial real estate, proptech, cleantech, net zero carbon, building energy modeling, AI in real estate, ESG real estate, carbon reduction, asset management software, portfolio analysis, green building technology, retrofit planning, sustainability analytics, carbon accounting, building data, energy efficiency, climate tech, real estate investment, capital planning