Seattle startup Scope 5 has scooped up $500,000 in angel financing, money that it will use to build out its cloud-based service for tracking sustainability data. Funding was provided in part by the Northwest Energy Angels.

“Increasingly companies are connecting the social value of emissions reductions with the business value of reduced costs,” said Scope 5 CEO Yoram Bernet in a statement. Bernet is a veteran of Microsoft, AT&T and Bell Labs.

The Scope 5 tool is designed to help companies track sustainability programs, potentially reducing their energy intake and cutting costs.

The service is currently being used by Expeditors, with vice president Dan Wall saying that that Scope 5 allows the company to “easily track, organize, consolidate and report real-time data in a standardized format.”

Comments

  • John Olsenski

    It is just comical that someone would give $500k to Scope 5. I am in the SCADA integration business and with SharePoint, Office13 and an OPC server from Kepware for $700 we build “Sustainability” Dashboards for our clients that not only look better than Scope 5 but do more. And using a $100 license from Tableau provide actionable analytics coupled with $100 Microsoft Workflow client, drive corrective action procedures to operational personnel. All run in a browser. The cost per asset to client is less than 10 cents.
    This is just a silly example of reinventing the wheel and claiming genius. Good luck building a business – hope you find plenty of PT Barnum clients !

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