Building Energy, a Portland-based company that helps manage energy efficiency in commercial buildings, says it’s secured $300,000 in growth funding from Seattle’s Lighter Capital.
The company says it will use the funds to expand operations for its cloud-hosted solutions. Building Energy pulls together energy data on the 5.6 million commercial buildings in the U.S. That helps deliver what it calls cost-effective improvements in energy efficiency through service providers and utilities to building owners. Building Energy plans to launch its city-scale energy efficiency offering in the first quarter of this year.
Lighter Capital CEO B.J. Lackland adds, “What they offer will truly reduce cost and inefficiency for all players in the building space. We’re thrilled to have provided funding from application to closing in just one month, and excited to see them grow.”