Citera automates municipal energy and water declarations across more than 50 North American metropolitan areas using its EcoTax platform. The service provides step-by-step guidance, real-time status updates, and deadline management to simplify regulatory compliance. Additionally, the EcoView module offers portfolio benchmarking and performance tracking for data-driven energy efficiency strategies.
Funding
$120K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Commercial real estate owners often lack comprehensive insights into their properties' energy consumption patterns, making it difficult to identify inefficiencies and reduce costs. Existing methods for energy data collection and analysis are complex, time-consuming, and fail to account for key variables like weather and occupancy. This lack of actionable intelligence hinders efforts to optimize building performance and meet sustainability goals.
Solution
Citera offers an AI-powered energy analytics platform designed to simplify energy management for commercial real estate portfolios. The platform automates data aggregation from utility bills, including tenant-paid bills, and integrates external data sources such as weather patterns and occupancy records. By applying machine learning algorithms, Citera identifies consumption patterns, benchmarks building performance against industry standards, and pinpoints opportunities for energy savings. The platform delivers actionable insights through a user-friendly interface, enabling property owners to optimize energy usage, reduce operating costs, and enhance property value.
Target Audience
Citera targets commercial real estate owners, property managers, and investors seeking to optimize energy performance, reduce operating expenses, and enhance the value of their assets.
Features
- Automated data aggregation from utility bills, including support for tenant-paid billing scenarios
- Integration of weather and occupancy data to provide context for energy consumption patterns
- AI-driven analytics to identify energy inefficiencies and predict future consumption
- Benchmarking against industry standards to highlight performance gaps and opportunities for improvement
- Customizable dashboards and reports for tracking energy consumption, costs, and sustainability metrics
- Decision-support tools for evaluating retrofits and accessing government incentives
- Secure cloud-based platform with role-based access control