• Orange Charger

  Participated · Seed · May 2024

  Orange purpose-built a reliable, scalable, and affordable EV charging solution aimed at multifamily properties to make EV charging accessible regardless of where residents live. The company reports over 2,000 Orange chargers installed at multifamily properties including Avalon Bay, Sares Regis, and Greystar. Orange announced a $6.5 million funding round led by Matt McElhattan at Munich Re Ventures and Raj Kapoor at Climactic, with participation from existing investors Matt Thoms at Baukunst, Thomas Byrne at Crow Holdings, Lincoln Property Company, and Spacecadet ventures. The raise is framed as a milestone to support continued deployment and growth as the company scales its operations. Team members named in the article include Nicholas Johnson, Neil Joseph, and Cinzia Pinamonti, and the company is actively recruiting for multiple open roles. Orange says it is just getting started as it works to transform the intersection of energy and transportation. Orange develops EV charging infrastructure aimed at multiunit residential properties. The company plans to scale up its charger network to serve those properties. TechCrunch+ ran a pitch-deck teardown after Orange raised a seed round. The pitch deck highlights the market opportunity, solution, product tech specs, and competitive positioning. It also includes go-to-market plans, a business model and cash flow slide, and appendices with product install photos, three-year financial projections, and a headcount slide. The article frames the fundraise as enabling execution of the technical and commercial plan laid out in the deck.

• Measurabl

  Participated · Series D · May 2023

  Measurabl develops an ESG platform that helps real estate businesses manage, benchmark, report and track sustainability from building operations through capital‑markets activities. The product automates collection of electricity, water, fuel, district and waste data and can maintain social and governance documents alongside environmental data. Customers use the platform to decarbonize buildings, mitigate physical climate risk, comply with regulation and underwrite sustainability risks in transactions. Measurabl says it has over 1,000 customers and is used by 40% of global real estate asset managers. The company plans to further enhance its ESG technologies and expand to new geographies. Its recent financing positions it to continue growing amid regulatory and market pressure on real estate sustainability. Measurabl offers a widely adopted platform to measure, manage, and disclose environmental, social, and governance (ESG) performance for commercial real estate. Its software is used across 80 countries and covers more than 11 billion square feet of owned and corporate-occupied property, representing over $1 trillion in asset value. Measurabl’s product supports clients in meeting ESG regulation, decarbonization goals, climate and transition risk assessment, and capital markets reporting. The company plans to invest the latest funding into new product lines including data and professional services and to enhance its platform capabilities. Measurabl positions its tools to help property owners and occupiers collect transparent ESG data, improve performance, and access capital markets. Measurabl provides software to measure, manage and report ESG performance for commercial real estate. The company is led by founder and CEO Matt Ellis and is based in San Diego, CA. Its platform is used across more than 30,000 commercial buildings representing nearly 7 billion square feet in 70 countries, covering offices, industrial sites, sporting venues, education facilities, government campuses, data centers and retail centers. Measurabl plans to use the new funding for product R&D, partnerships, customer service, and geographic expansion into Asia along with continued growth in European and North American markets. The description focuses on the company’s core product, scale, leadership, and stated expansion priorities. Measurabl is a San Diego, CA-based software platform focused on sustainability data management, benchmarking, and reporting for the built environment. Led by founder and CEO Matt Ellis, the platform benchmarks sustainability performance across property types. Its database covers over 26,000 commercial buildings representing more than 5 billion square feet across 67 countries. The dataset includes traditional office and industrial buildings as well as major sporting venues, universities, data centers, and malls. Measurabl offers a free base version and a paid release that provides premium features such as integrations with third-party software and utility companies, investor reporting standards, and data quality assurance tools. The company closed a $7M Series A to support growth of its product and user base. Measurabl provides cloud-based software that automatically aggregates non-financial (sustainability) data and simplifies disclosure to third-party surveys and benchmarks. Its platform includes open APIs to help companies worldwide collect data and report. The company's first commercial product for GRESB reporting completed industry pilots in 2013 and launched commercially in 2014, and is used by real estate firms such as Clarion Partners, CBRE Global Investors, and TA Realty. Measurabl is piloting a Carbon Disclosure Project reporting solution with Intuit, VMware, and Jack Morton Worldwide and is recruiting participants for a Global Reporting Initiative pilot. It recently launched Utility Sync, a utility data aggregation service that can push data to ENERGY STAR Portfolio Manager. The company plans to use new funding for product R&D, new hires, and growth.

• Gridium

  Participated · Equity · Feb 2023

  Gridium offers AI-based software tools, energy-efficiency finance solutions, and engineered retrofit services to help building owners and operators decarbonize and reduce utility costs. The company markets a financing-backed offering called Gridium Alpha that upgrades equipment, controls and software without upfront customer capital expenditure. Gridium directly serves over 300 million square feet of office buildings, corporate headquarters, and medical facilities across the United States. The company reported a year of record revenues across its software and decarbonization project financing offerings. Stated near-term plans include hiring, scaling its software offerings, bolstering strategic partnerships, and expanding its geographic footprint across the U.S. Gridium is headquartered in Menlo Park, California.

• Saltbox

  Participated · Series B · Nov 2022

  Saltbox provides flexible warehouse space, integrated logistics infrastructure, and on-site teams that support receiving, storage, picking & packing, order fulfillment, and product assembly/kit operations. The company’s locations combine private warehouse suites, co-working amenities, content studios, and fulfillment services to help members run day-to-day physical operations. Saltbox positions its network as a distributed footprint that lets businesses operate across multiple markets to reduce shipping costs and get closer to customers. Recent expansion includes a third Atlanta-area location in Chamblee—bringing Atlanta square footage to 300,000—and a planned entry into the Chicago metropolitan area this fall. The company said proceeds from its Series C, led by Packard Capital, will be used to expand its national footprint, enhance logistics infrastructure, and grow on-site operational support capabilities. Founded in 2019, Saltbox operates in eight major U.S. markets.

• Xeal

  Participated · Series A · Oct 2021

  Xeal offers smart EV charging hardware and software that lets multifamily and commercial real estate owners install chargers with little to no infrastructure upgrades and manage them remotely via a dashboard showing charging sessions, energy management, utilization and revenue share. Its driver app uses token-based technology to enable reliable access to chargers without depending on cellular or garage IT infrastructure. Xeal’s patent-pending Apollo protocol is a distributed, ledger-based communication system that the company says enables 100% self-reliance for smart functions, 100% uptime and 50x faster processing speed. The company reports relationships with more than 80 major real estate companies, including Lincoln Property Company, NRP Group, Stoneweg and Harrison Street. Xeal is described as a hyper-growth, venture-backed tech startup headquartered in New York City. Recent financing activity is intended to strengthen its funding position and support expansion of relationships in the commercial real estate industry to deliver EV power nationwide. Xeal develops Apollo, a patent-pending protocol that enables offline, closed-loop payments and authentication for public EV chargers using time-bound cryptographic tokens and distributed ledgers. Drivers download an app (over Wi‑Fi), receive a token tied to their payment and vehicle details, and authenticate charging sessions locally without modems, SIM cards, or ethernet. Tokens dissolve after use and chargers exchange distributed-ledger records of sessions and fees to nearby devices so data reconciles when phones reconnect. Xeal says the approach is more secure than internet-dependent chargers and reduces costs for real estate owners by removing the need for data plans or internet installs. The company launched Apollo in July after roughly two years of development and is on track to install 2,000 stations by year-end and 10,000 in 2022. Xeal plans to use the new funding to reach the 10,000-station target, hire more engineers, and potentially expand the offline protocol to other use cases. Xeal builds a predictive AI platform that integrates with electric vehicles, smart buildings, utilities and charger hardware to turn charging stations into revenue-generating amenities for property owners. The company says its technology eliminates energy price volatility and can generate up to 700% return on investment for buildings. Xeal provides calculators for apartments, condos and workplaces — for example, it recommends five chargers for a 30-spot apartment building, estimating $17,550 in annual charging revenue and a 20-ton annual CO2 reduction at a $2.25/hour rate for 30 hours per week. Its software is already operational at properties across nearly a dozen cities and the company works with leading charger manufacturers in the U.S. Xeal was launched in 2019 and has had support from the Los Angeles Cleantech Incubator (LACI). With new seed funding, the company plans to expand its geographic footprint in the U.S. and develop and deploy next-generation technology in 2021.

No current team members are available.