Noesis Energy Receives Series B Funding Round

  • Feed Type
  • Date
    9/6/2012
  • Company Name
    Noesis Energy
  • Mailing Address
    303 North Mopac Expwy Austin, TX 78759
  • Company Description
    Every year US commercial and industrial organizations spend over $350 billion on energy and it’s estimated that over $70 billion is wasted due to inefficient buildings, outdated lighting, poorly performing HVAC systems and more. And, despite the mountains of information available – meter data, asset information, tariffs and rate plans, EMS statistics and so on – organizations struggle connecting the dots to make informed decisions on energy, such as if and when to do a lighting upgrade and how much they’d save with a different rate plan. This results in few projects approved and few savings.
  • Website
    http://www.noesisenergy.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    Undisclosed
  • Transaction Round
    Series B
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Black Coral Capital
  • Venture Investor
    Austin Ventures