What is NZero?
NZero develops a comprehensive platform designed for businesses and public agencies to meticulously track, analyze, and reduce energy consumption and greenhouse gas emissions. The system automates the aggregation of utility data, employs AI for data gap imputation, and provides detailed visualizations of usage and peak demand patterns. Furthermore, it simulates various energy retrofit scenarios, empowering organizations to achieve cost savings, meet stringent sustainability mandates, and advance their journey toward net-zero emissions.
How much funding has NZero raised?
NZero has raised a total of $16M across 1 funding round:
Series A
$16M
Series A (2023): $16M with participation from Piedmont Real Estate Group and Fifth Wall
Key Investors in NZero
Piedmont Real Estate Group
Piedmont Real Estate Group is a real estate services firm operating across various property types, focusing on client needs and integrity to ensure successful outcomes.
Fifth Wall
Fifth Wall is the largest venture capital firm dedicated to technologies for the global real estate industry, connecting major property owners with innovative proptech startups.
What's next for NZero?
This latest round of major enterprise-level funding positions NZero for accelerated growth and market expansion. The strategic investment is expected to fuel further development of its AI-driven analytics and optimization capabilities, enhancing its competitive edge in the rapidly evolving climatetech sector. NZero is poised to solidify its role as a key enabler for organizations committed to decarbonization and operational efficiency.
See full NZero company page