What is Clockworks Analytics?
Founded in 2008 within MIT's Building Science Department, Clockworks Analytics, based in Boston, MA, specializes in providing cutting-edge technology to enhance building operations and performance. The company offers software and intelligent analytics designed to shift the building industry from reactive maintenance to proactive and strategic operations. This empowers clients with smarter facilities management, driving efficiency and performance improvements in their built environments. Clockworks Analytics is positioned as a leader in the smart building technology sector, leveraging data to optimize facility performance.
How much funding has Clockworks Analytics raised?
Clockworks Analytics has raised a total of $28.4M across 4 funding rounds:
Series C
$4M
Debt
$350K
Private Equity
$8M
Other Financing Round
$16.1M
Series C (2016): $4M with participation from Schneider Electric and Aster Capital
Debt (2020): $350K led by PPP
Private Equity (2020): $8M supported by Evans Capital Management Inc
Other Financing Round (2023): $16.1M featuring SE Ventures and Carom Growth Partners
Key Investors in Clockworks Analytics
Schneider Electric
Schneider Electric is a global specialist in energy management and automation, likely investing in companies that align with their smart building and energy efficiency solutions.
Evans Capital Management Inc
Evans Capital Management Inc is an investment firm that may focus on technology and growth-stage companies, providing capital to support expansion and innovation.
SE Ventures
SE Ventures is likely the venture capital arm of Schneider Electric, focusing on strategic investments in innovative companies within the energy, automation, and smart building sectors.
What's next for Clockworks Analytics?
The recent major strategic investment and the overall enterprise-level funding context suggest Clockworks Analytics is in a significant growth phase, likely focused on scaling its operations, expanding its market reach, and further developing its intelligent analytics platform. This strategic backing will enable the company to solidify its position in the smart facilities management market and continue its mission of transforming building operations through data-driven insights. Future developments may include broader adoption of its technology across enterprise clients and continued innovation in AI-powered building performance solutions.
See full Clockworks Analytics company page