Dec. 9, 2014: Building Energy Efficiency Startup Closes New Financing Round
Essess Has Now Raised Over $10 Million to Commercialize Its Technology
BOSTON — Essess Inc., which has developed a mobile thermal imaging technology and data analytics program to identify and quantify energy losses across numerous buildings, has completed a new financing round, which brings the total amount raised by the company since its founding to $10.75 million.
The company said it closes this financing round having recently completed field trials with its early deployment partners, including the U.S. Department of Defense. Essess said these partners validated its ability to deploy mobile thermal imaging that delivers actionable advice to motivate upgrades in HVAC systems and building envelopes. The funding will enable the company to scale its technology across millions of homes and businesses in partnership with electric and gas utilities, competitive energy suppliers, large energy service companies, and building materials and service providers.