Cortex Announces $6M Series A Round To Bring Commercial Real Estate Into A Sustainable Future
05/12/21, 1:10 PM
Location
nashville
Money raised
$6 million
Round Type
series a
Cortex, the Building Analytics software company, has closed a $6M Series A round, led by 4490 Ventures. Cortex has raised $11M in total funding to-date.
Company Info
Location
nashville, arkansas, united states
Additional Info
Cortex Intel provides the fastest and lowest cost path to decarbonizing your building. On average Cortex customers save 5x Cortex fees, adding millions in asset value, and creating a meaningful sustainability impact. Cortex puts a mobile and web app in the hands of building engineers, which provides extremely simple charts and operational recommendations, by applying machine learning algorithms to Building Management System and meter data. In doing so, it allows engineers to operate increasingly complex HVAC systems more easily, and with greater precision—giving them better information as they make countless operational decisions every day. As a result, office buildings using Cortex Intel immediately reduce operating cost with no upfront investment.