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Short description

Provider of a cloud-based solution for commercial buildings to manage energy use

Founded in 2007
Founded in

Company type Out of Business Public ()
Company type

Industry Group energy & power

Sector buildings

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

Ticker

Headquarters Dallas, TX Dallas, United States
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Parent Companies

Updated by Cleantech Group on 07/28/2021

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  • 1 M&A items
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Date Company
03/11/2014

Drexel University Drexel University

Drexel University and a consortium of partners launched a $6.6 million initiative to upgrade buildings on its campus and lower energy consumption and costs through SCIenergy's Managed Energy Service Agreement (MESA).The project is one of the largest energy-efficiency-as-a-service projects to date.

Confirmed by Drexel University

Partnerships
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Date Partner Type
01/16/2013
Environmental Defense Fund Environmental Defense Fund
SCIenergy has partnered with the EDF as part of that organization's "Investor Confidence Project" (ICP) - an effort to establish protocols in the commercial energy efficiency industry to attract investors for efficiency projects.
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Confirmed by Environmental Defense Fund
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IPO INFORMATION

Date

IPO status

IPO Type

Amount

Initial shares

Ticker symbol

Exchange listed

Prospectus URL

Prospectus

Source URL

Source

Description

Date Investors Type Amount
04/01/2014 Braemar Energy Ventures Braemar Energy Ventures , Mitsui Mitsui , The Westly Group The Westly Group , Threshold Ventures Threshold Ventures , Triangle Peak Partners Triangle Peak Partners , DFJ Growth DFJ Growth , Edison International Edison International (7)
Post-money valuation of
Growth Equity $12,000,000
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Products
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Product image Name Product status Revenue model Cost metrics

SCIenergy cloud

A suite of cloud-based services designed to identify waste, optimize consumption and automate processes for continual performance improvement.

Wide Commercial Availability Service - Fixed Price
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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