News | Press Releases
How big data can tackle commercial building energy
February 15th, 2012
There’s a tremendous opportunity to reduce energy consumption in commercial buildings, which currently account for more than 40 percent of the nation’s total energy use. According to Pike Research, energy efficiency projects could eventually save $40 billion in annual commercial building energy spending each year. However, at present investment rates, only a small part of that value will be captured....
Retroficiency: Your Building May Be An Energy Efficiency Goldmine
February 7th, 2012 by Walter Frick
According to research released today by Retroficiency, a Boston-based energy efficiency firm, your office building could be able to save as much as 43% of its annual energy costs by investing in energy efficiency. Then again, it may just be a waste of energy, literally....
Targeting Energy Efficiency from Both Sides of the Meter
January 24th, 2012 by Jeff St. John
The Boston-based startup already does building-side energy data analysis for customers like Jones Lang LaSalle and SAIC. Now it’s testing its utility-facing tools in pilots with Iberdrola USA, the arm of the Spanish utility that serves about 2.5 million customers in Maine and New York, as well as French power equipment giant Schneider Electric, according to CEO Bennett Fisher. Just what the two partners might be working on, he wouldn’t say....
Retroficiency Identifies Building Energy Inefficiencies Without Ever Stepping Inside
January 20th, 2012 by Matylda Czarnecka
Buildings are blamed for as much as 40% of U.S. energy consumption, and while green construction is on the rise, identifying the best ways to make and older building more efficient can be a tedious manual endeavor. Retroficiency, whose aim is to disrupt the energy efficiency market, eases the process with the help of extensive data sets and predictive analytics....
7 new problem-solving smart grid technologies (and a free bonus tool)
January 19th, 2012
Boston-based Retroficiency introduced Virtual Energy Assessment (VEA) -- a sophisticated data analytics solution that the company says can accurately determine actionable energy savings opportunities in buildings without stepping on-site or installing specialized hardware....
Retroficiency signs utilities for BEI pilot
January 18th, 2012 by Barbara Vergetis Lundin
Following their recent acquisition of Nexamp, Retroficiency has launched a new interval data energy-efficiency benchmarking and assessment solution. Iberdrola USA and Schneider Electric are piloting the new Retroficiency Building Efficiency Intelligence (BEI) platform - Virtual Energy Assessment (VEA) - in separate programs....
Retroficiency Lands $3.3M, Buys Meter Data Smarts from NexAmp
November 30th, 2011 by Jeff St. John
Boston-based startup Retroficiency has been working on the building side of that equation with real estate data analytics software to better target cost-effective efficiency retrofits. On Wednesday it announced a $3.3 million series A round from Point Judith Capital, along with the acquisition of a company with software to parse power meter and utility data, giving it insight into both sides of the equation....
Retroficiency gears up with big data for energy retrofits
November 30th, 2011 by Katie Fehrenbacher
Retroficiency, a startup out of MIT that uses software and big data to create energy retrofits for buildings, has raised a round of $3.2 million from Point Judith Capital and has acquired the energy effiiency division of Nexamp, called Clean Energy Solutions. The Boston-based startup already has backing from investors like World Energy Solutions, and has a working relationship with major property management firm Jones Lang Lasalle that will give it a chance to test the tech out in the real world....
Startup puts buildings on energy diet
November 30th, 2011 by Martin LaMonica
Retroficiency is one of many startups developing software tools for making commercial buildings more energy-efficient. The Boston-based company today announced that it has raised $3.32 million in a series A round of funding from Point Judith Capital to build up its software and sales. It also acquired Clean Energy Solutions, the commercial efficiency operation of renewable energy project developer Nexamp....
Retroficiency Raises $3.3 Million From Point Judith & Acquires Clean Energy Division of Nexamp
November 30th, 2011 by Gregory Gomer
Boston based Retroficiency has just announced that they have raised $3.3 million in funding led by Point Judith Capital. As part of the transaction Retroficiency has also acquired the energy efficiency division (Clean Energy Solutions) of North Andover based Nexamp. The terms of the acquisition were not disclosed. Point Judith has also invested in Nexamp....
Retroficiency raises $3.32M, buys Nexamp unit
November 30th, 2011 by Rodney H. Brown
Boston energy efficiency startup Retroficiency Inc. has raised $3.32 million in its first institutional fundraise, led by Point Judith Capital and angel investors. Along with the new funds, Retroficiency has a new acquisition, buying the energy efficiency division of Nexamp Inc. of North Andover....
Retroficiency Reels In $3.3M from Point Judith, Buys Nexamp’s Energy Efficiency Division
November 30th, 2011 by Gregory T. Huang
A Boston cleantech-software startup is making some noise today in a burgeoning market. Retroficiency announced it has raised $3.32 million in new financing led by Point Judith Capital. As part of the deal, the startup has acquired the energy efficiency division of Nexamp, a North Andover, MA-based solar power producer that is also backed by Point Judith....
Retroficiency raises $3.3 million for software that helps building owners hone in on opportunities for energy savings
November 30th, 2011 by Scott Kirsner
The company is announcing today that it has raised $3.3 million from Point Judith Capital and local angel investor, including Jill Preotle and Jean Hammond. As part of today's announcement, Retroficiency is filling out its executive team, and also acquiring the energy efficiency division of North Andover-based Nexamp, which is primarily a developer of solar power projects....
Retroficiency: 25M Square Feet of Hands-Free Commercial Building Efficiency
October 5th, 2011 by Jeff St. John
Retroficiency, the startup that promises a "low-touch" software approach to picking the best and cheapest way to upgrade building energy efficiency, has just achieved a few significant milestones, announcing new customers including big energy services company SAIC, as well as a tally of 25 million square feet of commercial floor space having been evaluated by its software...
