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Top 5 AI Investors in Texas

As computer technology continues to grow, so do AI companies and investors. Take a look at the top 5 AI investors in Texas! These include SURGE Accelerator, Stage One Capital, Pepperwood Partners, Fluid Innovation Group and Discovery Alliance LLC. They have collectively invested in 72 AI companies.   Company Name Description Number of Investments Location SURGE Accelerator SURGE, a seed fund and mentor-driven accelerator, invests in and enables entrepreneurs to solve the world’s energy problems. 41 Houston, Texas Stage One Capital Venture Capital that does Seed and Early Stage Venture Investments 28 Austin, Texas Pepperwood Partners Pepperwood Partners, LLC is a boutique investment banking advisory firm headquartered in Dallas, Texas. 1 Dallas, Texas Fluid Innovation Group Fluid Innovation Group provides SaaS-based solutions to commercialize innovations and intellectual property more efficiently. 1 Austin, Texas Discovery Alliance LLC Discovery Alliance engages in buying and licensing intellectual property with the goal of bringing new products to market. 1 Austin, Texas

Top 5 Virtual Reality Companies in Texas

Check out the top 5 Texas Virtual Reality companies to raise funding in 2016! These Texas companies raised over $27M in 2016. Merge Labs led the field with the most funding at $10M followed by Virtuix, and Owlchemy Labs.   The top 5 have raised over $36M in total funding since inception of their companies. Company Name Description Last Funding Date Last Funding Amount Total Funding Amount Virtuix Virtuix is the developer of the Virtuix Omni, a virtual reality platform that enable users to walk, run, and jump in 360 degrees in VR. 8/1/2016 $7,699,129 $16,079,129 Owlchemy Labs Owlchemy Labs is a creative game studio with a passion for polished and unique games and VR experiences. 8/3/2016 $5,000,000 $5,000,000 TheWaveVR TheWave​ is a cross-platform virtual reality experience. 8/4/2016 $2,500,000 $2,500,000 Merge Labs Merge VR is creating system that will make virtual reality accessible from your favorite smartphone. 4/24/2016 $10,112,801 $11,212,801 Tixsee Tixsee’s mobile platform provides an all-inclusive approach to deploying mobile apps that fans love. 6/1/2016 $1,750,000 $1,750,000

Top Companies Founded by Texas A&M Alumni

The top 10 companies founded by Baylor Alumni include Sunnova, Roku, Turin Networks, Spiceworks, and others who have collectively raised over $1.76B in equity funding. Check out our full list of the top companies founded by Texas A&M Alumni. Company Name Headquarters Location Sectors Last Funding Amount Total Equity Funding Amount Sunnova Houston, Texas, United States Natural Resources, Energy, Sustainability $775,000,000 $805,000,000 Roku Los Gatos, California, United States Hardware, Media and Entertainment, Consumer Electronics, Advertising $45,500,000 $208,609,000 Turin Networks Petaluma, California, United States Hardware, Internet Services, Mobile $52,500,000 $204,500,000 Spiceworks Austin, Texas, United States Media and Entertainment, Information Technology, Community and Lifestyle, Software, Professional Services, Internet Services $57,000,000 $111,000,000 MediaMath New York, New York, United States Media and Entertainment, Sales and Marketing, Internet Services, Advertising $105,000,000 $100,000,000 Enphase Energy Petaluma, California, United States Natural Resources, Energy, Sustainability $14,000,000 $76,500,000 Sensity Systems Sunnyvale, California, United States Energy, Hardware, Sustainability $10,000,000 $74,000,000 Troux Technologies Austin, Texas, United States Software, Professional Services $10,000,000 $63,377,000 WellAware San Antonio, Texas, United States Natural Resources, Energy, Data and Analytics, Software $16,000,000 $61,000,000 WiQuest Communications Allen, Texas, United States Hardware, Consumer Electronics, Software $28,000,000 $59,000,000 Standard Renewable Energy San Antonio, Texas, United States Natural Resources, Energy, Sustainability $10,000,000 $51,503,944 Lineagen Salt Lake City, Utah, United States Biotechnology, Science and Engineering, Health Care $12,170,000 $48,270,000 Spinal Restoration Austin, Texas, United States Biotechnology, Science and Engineering, Health Care $5,000,000 $45,999,999 Axtria Berkeley Heights, New Jersey, United States Data and Analytics, Software, Financial Services, Lending and Investments $30,000,000 $44,741,834 OrderWithMe Las Vegas, Nevada, United States Software, Financial Services $37,000,000 Mashery San Francisco, California, United States Data and Analytics, Software $10,000,000 $34,700,000 OutboundEngine Austin, Texas, United States Media and Entertainment, Software, Sales and Marketing, Internet Services, Advertising $16,000,000 $33,800,000 Macheen Austin, Texas, United States Software, Internet Services $1,400,000 $32,994,995 ecoATM San Diego, California, United States Hardware, Sustainability, Consumer Electronics $40,000,000 $31,400,000 Zignal Labs San Francisco, California, United States Data and Analytics, Software, Sports, Sales and Marketing, Internet Services, Financial Services $15,000,000 $29,900,000 Geodynamics Milton, New South Wales, Australia Natural Resources, Energy, Sustainability $90,000,000 $29,400,000 Zyngenia Gaithersburg, Maryland, United States Biotechnology, Science and Engineering, Software, Health Care $25,000,000 $25,000,000 Optimal Blue Plano, Texas, United States Hardware, Consumer Electronics, Software, Sales and Marketing $22,400,000 3Scan San Francisco, California, United States Biotechnology, Science and Engineering, Health Care $14,000,000 $20,713,012 Appconomy Austin, Texas, United States Apps, Hardware, Commerce and Shopping, Software, Mobile $1,061,860 $20,500,000 RigUp Austin, Texas, United States Energy, Commerce and Shopping, Software $15,000,000 $18,000,000 Rackspace San Antonio, Texas, United States Information Technology, Software, Internet Services $11,500,000 $17,800,000 Veros Systems College Station, Texas, United States Manufacturing, Science and Engineering, Energy, Sustainability, Software $3,000,000 $17,500,000 Parade Technologies Sunnyvale, California, United States Apps, Science and Engineering, Hardware, Media and Entertainment, Software, Video $3,000,000 $17,500,000 HomeLight San Francisco, California, United States Commerce and Shopping, Real Estate, Professional Services $11,000,000 $15,500,000 Vuv Analytics Austin, Texas, United States Biotechnology, Natural Resources, Science and Engineering $6,500,000 $15,500,000 CoreTrace Austin, Texas, United States Software, Privacy and Security $3,600,844 $15,301,400 Accsys Technologies Lancaster, Lancashire, United Kingdom Real Estate ?œ12,000,000 $14,967,072 MediaPhy San Jose, California, United States Software, Administrative Services, Privacy and Security, Design $7,000,000 $13,000,000 KLD Energy Technologies Austin, Texas, United States Energy, Sustainability, Transportation $601,700 $12,316,678 b8ta San Francisco, California, United States Hardware, Commerce and Shopping, Software $8,000,000 $11,500,000 Traxo Dallas, Texas, United States Travel and Tourism, Media and Entertainment, Software, Sales and Marketing, Internet Services $5,200,000 $10,940,000 marketRx Newtonville, New Jersey, United States Data and Analytics, Software, Professional Services $10,250,000 $10,250,000 Ecovent Boston, Massachusetts, United States Energy, Hardware, Sustainability, Consumer Electronics, Real Estate $6,900,000 $9,998,000 Biscotti Mckinney, Texas, United States Hardware, Media and Entertainment, Software, Video $500,000 $9,019,109 ShopSavvy San Francisco, California, United States Commerce and Shopping, Mobile $5,000,000 $8,700,000 Visualase Houston, Texas, United States Biotechnology, Manufacturing, Science and Engineering, Health Care $5,200,000 $8,700,000 Net Orange Dallas, Texas, United States Biotechnology, Science and Engineering, Health Care, Financial Services $3,000,000 $8,000,000 Terapio Austin, Texas, United States Biotechnology, Science and Engineering $780,000 $7,480,000 EpiBiome South San Francisco, California, United States Biotechnology, Science and Engineering, Health Care $1,000,000 $6,100,000 Indeed Austin, Texas, United States Sales and Marketing, Professional Services, Internet Services, Advertising $5,000,000 $5,000,000 Shape Memory Therapeutics Santa Clara, California, United States Health Care $4,000,000 $4,616,484 ModoPayments Richardson, Texas, United States Software, Payments, Financial Services, Mobile $2,000,000 $4,000,000 MitoGenetics Ames, Iowa, United States Biotechnology, Science and Engineering, Data and Analytics, Health Care, Design $2,481,000 $3,966,000 mPath Palo Alto, California, United States Financial Services, Mobile $3,650,000 $3,650,000 Infinite io Austin, Texas, United States Hardware, Information Technology, Consumer Electronics, Internet Services $3,400,000 $3,400,000 Basket Arlington, Virginia, United States Commerce and Shopping, Internet Services, Mobile $3,304,810 $3,304,810 Zero Emission Energy Plants (ZEEP) Austin, Texas, United States Natural Resources, Energy, Sustainability $2,803,788 $2,803,788 Allbound Phoenix, Arizona, United States Information Technology, Software, Sales and Marketing, Mobile $1,050,000 $2,750,000 ThisWay Global Cambridge, Cambridgeshire, United Kingdom Information Technology, Data and Analytics, Software, Professional Services, Mobile ?œ1,600,000 $2,723,331 Atomic Dog Publishing Mason, Ohio, United States Media and Entertainment, Content and Publishing $1,000,000 $2,650,000 Loopd San Francisco, California, United States Hardware, Information Technology, Data and Analytics, Software, Sales and Marketing $1,500,000 $2,500,000 Art Craft Entertainment Austin, Texas, United States Gaming, Media and Entertainment $150,000 $2,500,000 CashBet Oakland, California, United States Gaming, Software, Mobile $2,245,000 $2,445,000 AGERpoint Orlando, Florida, United States Agriculture and Farming, Science and Engineering, Hardware, Information Technology, Software $1,200,000 $2,391,698 Bearch Austin, Texas, United States Internet Services $2,100,000 $2,380,000 GameWisp Nashville, Tennessee, United States Gaming, Media and Entertainment, Sports, Video, Content and Publishing, Financial Services $1,309,981 $2,273,461 Lucidity Consulting Group Richardson, Texas, United States Information Technology, Education $2,250,000 $2,250,000 TeamLINKS Fayetteville, Arkansas, United States Biotechnology, Science and Engineering, Health Care $2,238,920 $2,238,920 Plum Austin, Texas, United States Hardware, Consumer Electronics, Real Estate, Software, Internet Services, Mobile $1,980,000 Libboo Watertown, Massachusetts, United States Media and Entertainment, Content and Publishing, Financial Services $242,499 $1,921,477 Bone Solutions Dallas, Texas, United States Health Care $1,700,000 $1,915,000 Iterate Studio Mountain View, California, United States Manufacturing, Energy, Commerce and Shopping, Transportation, Internet Services $700,000 $1,650,000 MyCrowd Corte Madera, California, United

Top Companies Founded by Baylor Alumni

The top 10 companies founded by Baylor Alumni include LifeLock, Formlabs, Nanosys, Integrated Diagnostics, and others who have collectively raised over $546M in equity funding. Check out our full list of the top 25 companies founded by Baylor Alumni. Name Headquarters Location Sectors Last Funding Amount Total Equity Funding Amount LifeLock Tempe, Arizona, United States Privacy and Security $201,340,000 Formlabs Somerville, Massachusetts, United States Manufacturing, Science and Engineering, Hardware, Software $35,000,000 $58,700,000 Nanosys Milpitas, California, United States Manufacturing, Science and Engineering, Energy $149,200,086 Integrated Diagnostics Seattle, Washington, United States Biotechnology, Science and Engineering, Health Care $6,100,000 $78,150,000 CloudCoreo Seattle, Washington, United States Hardware, Information Technology, Software, Internet Services, Privacy and Security $2,900,000 $2,900,000 TransVix United States, North America Commerce and Shopping, Transportation, Financial Services $2,000,000 $2,000,000 Boosterville Zionsville, Indiana, United States Sales and Marketing, Mobile $830,000 $926,000 Telligent Systems Dallas, Texas, United States Media and Entertainment, Software, Sales and Marketing, Internet Services, Content and Publishing $7,275,000 $29,000,000 Oso Technologies Urbana, Illinois, United States Hardware, Consumer Electronics, Internet Services $675,000 Oncolytics Biotech Calgary, Alberta, Canada Biotechnology, Science and Engineering, Health Care $24,000,000 $24,000,000 CerSci Therapeutics Dallas, Texas, United States $225,000 JamKazam, Inc. Austin, Texas, United States Commerce and Shopping, Media and Entertainment, Music and Audio, Software, Internet Services $260,000 $1,515,000 Giftiki San Francisco, California, United States Commerce and Shopping, Media and Entertainment, Internet Services $1,000,000 $1,020,000 Momentum Bioscience Reading, Reading, United Kingdom Biotechnology, Science and Engineering $357,060 MutualMind Addison, Texas, United States Media and Entertainment, Data and Analytics, Sales and Marketing, Internet Services $300,000 $450,000 Wondercide Austin, Texas, United States Sustainability, Community and Lifestyle, Consumer Goods $500,000 $500,000 Locate Special Diet Austin, Texas, United States Sustainability, Sports, Mobile $75,000 $75,000 BizBoards International, Inc. Atlanta, Georgia, United States Chaotic Moon Studios Austin, Texas, United States Platforms, Media and Entertainment, Information Technology, Software, Sales and Marketing, Design, Mobile CrateBind Dallas, Texas, United States DailyStory Dallas, Texas, United States Data and Analytics, Software, Sales and Marketing SandBox Commerce Austin, Texas, United States Platforms, Apps, Hardware, Commerce and Shopping, Software, Mobile Team Chaos LLC Austin, Texas, United States Gaming SalesTing Atlanta, Georgia, United States Data and Analytics, Software, Sales and Marketing PaidUp Austin, Texas, United States Sports, Payments, Financial Services

Top Companies Founded by UT Alumni

The top 10 companies founded by UT Alumni include HotelTonight, Icertis, Poshmark, ThoughtSpot, and others who have collectively raised over $389M in equity funding. Check out our list of the top 100 companies founded by UT Alumni.   Name Headquarters Location Sectors Last Funding Amount Total Equity Funding Amount HotelTonight San Francisco, California, United States Travel and Tourism, Mobile $37,000,000 $117,685,000 Icertis Bellevue, Washington, United States Information Technology, Software, Sales and Marketing, Transportation, Internet Services $25,000,000 $46,000,000 Poshmark Menlo Park, California, United States Commerce and Shopping, Community and Lifestyle, Internet Services, Design, Mobile $25,000,000 $65,500,000 ThoughtSpot Palo Alto, California, United States Data and Analytics, Software $90,700,000 Emotient San Diego, California, United States Science and Engineering, Media and Entertainment, Data and Analytics, Software, Video $6,000,000 $6,000,000 Ortho Kinematics Austin, Texas, United States Biotechnology, Science and Engineering, Health Care $18,600,000 $50,092,621 SparkCognition Austin, Texas, United States Information Technology, Data and Analytics, Software, Privacy and Security $6,000,000 $6,370,000 Clara Labs San Francisco, California, United States Information Technology, Software, Internet Services, Messaging and Telecommunications $5,000,000 $5,000,000 Experiment Engine Austin, Texas, United States Data and Analytics, Internet Services $1,000,000 $1,000,000 DecorMatters.com Milpitas, California, United States Hardware, Information Technology, Real Estate, Data and Analytics, Software, Design, Mobile $1,000,000 $1,500,000 Circle Pharma San Francisco, California, United States Biotechnology, Science and Engineering, Health Care $2,000,000 $6,500,000 Pocketmath Austin, Texas, United States Sales and Marketing, Mobile, Advertising $10,000,000 $20,000,000 Fuhu El Segundo, California, United States Apps, Hardware, Consumer Electronics, Software $26,999,982 $56,248,970 Honest Dollar Austin, Texas, United States Financial Services $3,000,000 $3,000,000 Shipbird.com San Mateo, California, United States Administrative Services, Transportation $200,000 $200,000 Cape Productions Redwood City, California, United States Hardware, Consumer Electronics, Consumer Goods $10,000,000 $10,000,000 CareMessage San Francisco, California, United States Information Technology, Health Care, Internet Services, Messaging and Telecommunications, Mobile $6,000,000 $7,000,000 Parlio Palo Alto, California, United States Media and Entertainment, Internet Services, Content and Publishing $1,675,000 $1,675,000 Patch San Francisco, California, United States Health Care, Financial Services $1,850,000 $2,175,000 Skills Fund Austin, Texas, United States Education, Financial Services, Lending and Investments $11,500,000 $11,500,000 Helios Towers Africa London, England, United Kingdom Hardware, Financial Services $363,000,000 $993,000,000 Xiu.com Shenzhen, Guangdong, China Commerce and Shopping, Design $30,000,000 $150,000,000 Liquid Light Monmouth Junction, New Jersey, United States Science and Engineering, Energy $2,573,000 $29,825,000 BlazingDB Austin, Texas, United States Data and Analytics, Software $118,000 $118,000 Green House Data Cheyenne, Wyoming, United States Software, Internet Services $3,225,556 $3,225,556 Anokion SA Ecublens, Vaud, Switzerland Biotechnology, Science and Engineering, Health Care $37,500,000 $37,500,000 Compass Datacenters Dallas, Texas, United States Information Technology, Real Estate, Internet Services $80,000,000 Solix Algredients Fort Collins, Colorado, United States Food and Beverage, Health Care $31,000,000 $68,800,000 iHeartMedia San Antonio, Texas, United States Media and Entertainment, Sales and Marketing, Video, Advertising NarrativeDx Austin, Texas, United States Information Technology, Data and Analytics, Software, Health Care $1,100,000 $1,800,000 WigWag Austin, Texas, United States Real Estate, Software, Internet Services $3,175,436 $4,275,436 Nuve Austin, Texas, United States Software, Internet Services, Privacy and Security $6,210,525 $15,129,525 OnceThere Inc Austin, Texas, United States Travel and Tourism, Community and Lifestyle, Internet Services $4,481,889 $5,556,889 MyEdu Austin, Texas, United States Information Technology, Professional Services, Education, Privacy and Security $10,000,000 $18,700,000 WiseWear San Antonio, Texas, United States Hardware, Consumer Electronics, Health Care $275,000 $3,700,000 Joyride Palo Alto, California, United States Media and Entertainment, Music and Audio, Transportation, Mobile $1,000,000 $1,000,000 RoverPass Austin, Texas, United States Travel and Tourism, Community and Lifestyle, Software $650,000 $1,150,000 1000museums.com New York, New York, United States Agriculture and Farming, Media and Entertainment $332,800 $5,314,772 Babble New York, New York, United States Media and Entertainment, Community and Lifestyle, Content and Publishing $3,000,000 $6,250,000 Veestro Los Angeles, California, United States Travel and Tourism, Food and Beverage $1,500,000 $1,875,000 Quaero Charlotte, North Carolina, United States Media and Entertainment, Data and Analytics $1,500,000 $4,100,000 HERO App Austin, Texas, United States Apps, Media and Entertainment, Events, Software, Transportation, Financial Services, Mobile, Advertising $100,000 $100,000 FreeWave Technologies Boulder, Colorado, United States Hardware, Information Technology, Community and Lifestyle, Professional Services, Mobile $113,000,000 $113,000,000 Bento Labs San Francisco, California, United States Apps, Software $2,000,000 $2,000,000 POLCO Madison, Wisconsin, United States Media and Entertainment, Government and Military, Internet Services $655,000 $705,000 Book. Stay. Go. San Francisco, California, United States Travel and Tourism, Commerce and Shopping, Mobile $1,000,000 $1,030,000 Makerarm Austin, Texas, United States Manufacturing, Science and Engineering, Hardware, Consumer Electronics, Software $85,000 $85,000 Right Relevance San Francisco, California, United States Data and Analytics, Software, Internet Services $730,000 $730,000 Green Seed Investments Phoenix, Arizona, United States Financial Services, Lending and Investments $2,500,000 $3,400,000 Astrapi Dallas, Texas, United States Hardware, Software $1,500,000 $1,500,000 Revolights Emeryville, California, United States Hardware, Software $1,000,000 Cursive Labs San Diego, California, United States Hardware, Consumer Electronics, Software $2,200,000 $2,200,000 Conceivable Austin, Texas, United States Health Care, Mobile $800,000 $800,000 Kazaana Menlo Park, California, United States Media and Entertainment, Software, Internet Services, Mobile $3,975,000 $7,575,000 Avenda Systems Santa Clara, California, United States Hardware, Information Technology, Privacy and Security, Mobile $5,000,000 $5,000,000 Carma San Francisco, California, United States Information Technology, Transportation $14,100,000 Serina Therapeutics Huntsville, Alabama, United States Biotechnology, Science and Engineering, Health Care $4,855,000 $27,505,080 Myndbee Inc. Irving, Texas, United States Media and Entertainment, Information Technology, Internet Services, Content and Publishing, Messaging and Telecommunications $2,500,000 $2,500,000 Prepify Austin, Texas, United States Data and Analytics, Sales and Marketing, Education $20,000 $20,000 Nanospectra Biosciences Houston, Texas, United States Biotechnology, Science and Engineering, Health Care $800,000 $1,325,000 Global BioDiagnostics Temple, Texas, United States Health Care $1,250,000 $3,219,352 reQwip Austin, Texas, United States Commerce and Shopping, Sports, Mobile $87,500 $137,500 LightArrow Austin, Texas, United States Apps, Information Technology, Data and Analytics, Software, Sales and Marketing, Mobile $1,000,000 $1,700,000 Capsenta Austin, Texas, United States Information Technology, Data and Analytics $40,000 $210,000 Nomly, Inc. Austin, Texas, United States Apps, Software, Internet Services, Mobile $55,000 $55,000 Eqlim Beirut, Beyrouth, Lebanon Data and Analytics $425,000 $425,000 NsGene Ballerup, Hovedstaden, Denmark Biotechnology, Science and Engineering $545,000 $5,140,000 SquishClip San Francisco, California, United States Apps, Media and Entertainment, Software, Internet Services $450,000 $750,000 Rapidscan Pharma Solutions Palo Alto, California, United States Health Care

Company Spotlight: CancerGene Connect

Richard Burghardt wasn’t walking into the unknown when he grabbed onto the opportunity to shake up the genetic counseling world with CancerGene Connect – in his younger years he’d spent long hours in the laboratory with his father, who was a reproductive cell biologist. “I was comfortable in that world, at least I knew enough to have intelligent conversations,” said Burghardt, whose previous business move was starting software company that spawned the Charade Date app that sought to apply DNA technology to the dating world. “The software company was already in place.” The new company is CancerGene Connect, which uses technology and processes created by and licensed from the University of Texas Southwestern that allows a patient to assemble their family medical history on a secure online platform. The goal of that step is to apply predictive analysis to discovering inherited diseases early, which can help overworked genetic counselors treat the most risk-prone patients early ahead of the normal one-year wait time. Burghardt said CancerGene Connect is has just over a dozen account currently active in something of a beta test phase, including two pilot programs in divisions of two of five largest hospital systems in the country. A $700,000 seed round that helped the company form in 2015 has let the Dallas-based operation get its platform operating the way that can best serve the market. A $1.5 million round that Burghardt is starting to assemble now will help the company begin a sales and marketing push into both small specialist sites and large hospital groups and not cede any ground to the three competing companies in the field. While the genetic counseling field is a small one that has let CancerGene Connect find early validation, there is large growth potential in general cancer detection and treatment, along with cardiovascular and metabolic diseases that can similarly cause chronic illness with expensive treatment costs. There is also a forecast for robust business in breast imaging and MRI centers, with client sites paying for the service that patients are then able to fill out online. The sales push will see CancerGene Connect grow to around 15 employees from its current six by the end of 2017. Burghardt said the company’s real growth opportunities will come from adding more hospital groups to its customer base and expanding from the pilot programs it is currently holding in major health care systems. “Someone like an office for a single breast surgeon we can go in there and then be live in 30 days, but that’s just one account,” he said. “Selling to hospitals has a lot more steps because there are so many things they have to be careful about with security of patient information. Early on, we’d do a (Hospital group) demo that went great and I’d expect to have the money rolling in, but now it’s a year later and we’re still getting the deal closed.” Looking longer term, Burghardt said there are business opportunities in leveraging the aggregated patient data the company will have the ability to compile, but said it will take years of business at many more sites to obtain that much useful information.

Company Spotlight: Bractlet

What is the problem you are solving? Commercial buildings account for approximately 20% of US energy consumption, equating to an energy spend of $150 billion annually. According to research conducted by McKinsey, commercial buildings could save 30%, roughly $45 billion, of their annual energy consumption by implementing NPV-positive energy efficiency measures. Becoming more energy efficient is extremely valuable to commercial buildings. Not only does it reduce operating expenses and increase net operating income, but it also makes the building more attractive and comfortable to occupants, and increases the property value. Morgan Stanley estimates that the achievable 30% reduction in energy cost for commercial buildings creates $12 billion in asset value in the Top 10 US office real estate markets alone. As a result, there has been increased need for asset managers to optimize their buildings in the most cost effective and data-driven way possible. What need does it fulfill? Research conducted by Deutche Bank estimates that there is approximately $72 billion of efficiency investment opportunity in the US commercial building market available. Why have relatively few building owners opted to take the steps to achieve such savings? The reasons are simple. There is low confidence in the predicted energy savings and the savings measures identified are unable to move the needle far enough. The current building energy analysis methods can be broken down into two types. The first is the traditional engineering analysis, which requires an engineer to conduct a time-intensive building audit and the outcome relies heavily on the individual’s expertise and experience. In light of the increasing system complexity in modern buildings and the sheer volume of data available, this method is arguably limited in the number of savings measures that can be found, and the ability to accurately forecast the savings. The second type of building energy analysis involve mining lots of historical data from a Building Management System (BMS) or sub-meters and employing statistical techniques to provide insight into how the building is operating. Not only do you still need an expert in energy analytics to interpret the data, but you getting good insight from building analytics requires data from each season (an entire year). Statistical methods also struggle to understand how different building systems interact as a whole.   Neither one of these approaches deliver attractive and predictable ROIs for building owners. Not surprisingly, this has resulted in a lack of investment confidence. In contract, Bractlet’s approach to energy efficiency is unique in that it comprehensively examines the interactive effects of building occupants, building systems, and the environment to create physics-based energy simulation models that are 98% accurate in forecasting energy consumption. The simulation model is calibrated to that level of accuracy with machine learning algorithms analyzing millions of data points coming from Bractlet’s own proprietary Internet of Things (IoT) submeters and data coming from a Building Automation System (BAS). Instead of just aggregating and displaying data, the Bractlet platform actually finds energy savings measures for a building and is able to calculate the specific ROI of individual measures and curated groupings of measures. The Bractlet platform enables building owners and asset managers to invest confidently in their buildings and across a portfolio of buildings.   Who are the key leaders? The energy analytics and efficiency industry is highly fragmented, with all companies conducting their analysis in the two different ways mentioned previously. Bractlet is unique in that we create energy simulation models: data-rich, virtual testbeds to guide optimization efforts and illustrate how the implementation of various savings measures will affect building performance. Our proprietary techniques and unparalleled accuracy make us stand out from both engineering and data analytics solution-oriented companies in order to provide a comprehensive solution that maximizes savings. What is the primary benefit of your solution? More than just an energy dashboard, the Bractlet platform transforms any building into an intelligent, energy-efficient one. Bractlet’s cloud-based software provides continuous energy data analysis and saving opportunity identification with detailed forecasts of energy consumption. Using this information, customers can evaluate energy efficient investment decisions and prioritize allocation of capital across their portfolio of buildings with an accurate understanding of ROI. What is the next step for you and your business? Bractlet is currently developing partnerships and engaging with end users in our target markets, including Commercial Real Estate, Healthcare, Corporate Real Estate, and Universities in order to provide true building intelligence.

Company Spotlight: Edgecase

Edgecase is redesigning the way product data is looked at in the massive ecommerce market. Creating a unique shopping experience with their ability to combine big data with Product Intelligence Platform. By combining these two elements they are able to do away with retailers missing over 50% of the product data that they believe is fueling their ecommerce sites. Retailers then invest heavily in many of these products to only fail to represent the effective fashions that shoppers are looking for. Edgecase is now resolving this gap through their innovative solution. Creating and maintaining quality product attribute data is a main challenge to almost all retailers. Product data can be drawn from multiple sources and come across from various platforms. Keeping up with the growing big data is what most retailers are able to do but, Edgecase is changing this by allowing retailers to be more strategic and engage in better dialogue with the consumers. With improving product data and making it more understandable for the consumer, each party becomes more helpful to one another creating a better experience on both ends. Edgecase is the first platform technology solution to solve this data challenge by combining machine intelligence with innovative crowd management to cleanse and enrich product data at scale. Product Intelligence Platform delivers world-class product data enrichment at a fraction of the cost and time found in other labor intensive, error prone alternatives. Edgecase is generating exceptional ROI for leading brands such as HSN, Pier1 Imports, L’Oreal, Crate&Barrel and The MensWearhouse. Currently they are pursuing a $5M investment to help accelerate their sales and marketing in order to quadruple their bookings for the following year. They are looking for investors for experience in the retail sector, an appreciation for the power of data and the ability to lead a round with participation from current investors.

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