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Dynamic Mesh Network API11-50 Employees
  • B2B
  • Early Stage
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Dynamic Mesh Network API
Conectric Networks, LLC started as a custom ordered system of sensors and controls to reduce air conditioning energy consumption for a Spanish resort operator (now part of Grupo Barcelo). Conectric’s platform generates energy cost reductions in up to 50% of a hotel's energy load and up to 50% peak load reduction to the grid, with an addressable annual market of over $3 Billion dollars. A novel solution patented by our founder and proven in 100’s of installations, allows the system to determine if a room is occupied with a much higher degree of accuracy and speed than other solutions, resulting in the unique ability to save energy while improving occupants comfort. When combined with additional networking and software capabilities, it is a smart grid 2.0 enterprise SaaS solution acting as a “virtual power plant.” Conectric has raised $600,000 in seed capital to develop new IP, currently counts 19 human resources and should be cash flow positive in 2017
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Robin Bisarya, MSEE, MBA, JD
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Founder BDVFA
Wolfgang Lukaschek, MSc.
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Demetrio Tessada
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Ekawahyu Susilo
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Phillip Kopp
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Founded Energy Eye, Inc., executive at Somfy Group, then founded Debitec Ltda. and Cloudbeds (formerly Digital Arbitrage) Now @Conectric Networks
Valuation

$0

Funded over

2 rounds

Latest round

Seed (Aug 2016)

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