OPEN Technologies develops data-driven software tools that enable city planners and property developers to assess the financial feasibility of housing projects and evaluate the Net-Zero readiness of residential buildings. Their solutions, including the Affordable Housing Navigator and Virtual Energy Score, provide actionable insights for decarbonization and energy management, addressing the urgent need for effective climate action in urban environments.
Funding
$43.2K 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
The building sector contributes significantly to global carbon emissions, necessitating effective strategies for decarbonization and energy management. Traditional methods of assessing building performance and planning retrofits are often slow, costly, and require scarce technical resources, hindering progress towards net-zero goals. Translating climate commitments into actionable plans requires faster and more efficient ways to analyze building data and implement strategic retrofits.
Solution
OPEN Technologies provides data-driven software tools that enable city planners, property developers, and building owners to evaluate building performance and plan decarbonization strategies. Their suite of tools, including GRID, Virtual Energy Score, and Affordable Housing Navigator, transforms building energy data into actionable insights, facilitating informed decision-making for both new construction and retrofitting projects. By offering faster data ingestion and surrogate-model driven analysis, OPEN Technologies empowers stakeholders to accelerate building decarbonization at scale, enabling effective climate action in urban environments. The platform supports the measurement of current performance, future-proofing of buildings, and the implementation of carbon reporting and benchmarking regulations.
Target Audience
The primary customers are policy makers, investors, property owners, city planners, and housing development managers seeking to make data-driven decisions regarding building decarbonization, energy management, and affordable housing development.
Features
- GRID: Transforms building energy data into actionable decarbonization insights for private and public sector clients.
- Virtual Energy Score: Assesses the Net-Zero-readiness of residential buildings, providing detailed insights for homeowners and municipalities.
- Affordable Housing Navigator: Determines the financial feasibility of affordable housing development projects by integrating Canadian funding requirements.
- Virtual Audits and Decarbonization Planning Suite: Enables rapid decarbonization planning at a large scale for building portfolios.
- Fast building attribute and performance data ingestion.
- Surrogate-model driven analysis at the building, portfolio, and landscape levels.