Tech Company Financing Transactions
Embue Funding Round
Embue, based in Worcester, secured $2.3 million in funding from Shadow Ventures, Avesta Fund and private investors.
Transaction Overview
Company Name
Announced On
11/9/2022
Transaction Type
Venture Equity
Amount
$2,300,000
Round
Seed
Investors
Shadow Ventures (Lead Investor) (Nick Durham)
private investors (Julie Raymond)
private investors (Robert Sheppard)
Proceeds Purpose
This seed round will enable us to aggressively expand our reach to meet the needs of the large number of portfolios that are struggling with how to modernize buildings to make them more efficient from carbon, energy and cost perspectives, and to improve resident comfort.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
44 Portland St. 4th Floor
Worcester, MA 01608
USA
Worcester, MA 01608
USA
Phone
Website
Email Address
Overview
Our expertise includes IoT, SaaS, building automation, intelligent building controls, HVAC, energy efficiency, lighting, full stack engineering, hardware supply chain system and network architecture, intelligent building controls. Our mission is to make multifamily buildings more cost efficient to own and operate, and to enable property owners to provide the best and most comfortable environment possible for residents.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Robert Cooper
Chief Financial Officer
Gardner Oleson
Chief Technical Officer
Larry Genovesi
VP - Marketing
Maryellen Edwards
VP - Sales
Rick Schiffmann
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Where The Data Comes From
We do our best to document every notable VC transaction. VC investment data records reported here come from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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