VECKTA provides an end-to-end onsite energy deployment platform and advisory service for enterprise businesses. The platform uses AI to assess sites, compare optimal energy systems, and manage competitive procurement from pre-qualified suppliers. This process helps large organizations improve energy resilience, achieve cost savings, and meet decarbonization goals at scale.
Funding
$7.3M 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.
TSFounders
Product
Problem
Enterprises face challenges in identifying optimal sites for onsite energy deployment and navigating the complexities of microgrid system implementation. The traditional procurement process is often inefficient, leading to high capital expenditures and power purchase agreement prices. Furthermore, businesses need to enhance operational resilience and reduce emissions to meet sustainability goals.
Solution
Veckta offers a cloud-based platform that leverages AI to streamline the process of onsite energy deployment, enabling enterprises to efficiently implement microgrid systems. The platform assesses sites, compares systems, and facilitates the selection of suppliers through a competitive procurement process. By providing site-level data and intelligence, Veckta helps businesses identify the best locations for onsite energy installations and the optimal systems to install. The platform's marketplace connects buyers with vetted suppliers, resulting in reduced capital expenditures and power purchase agreement prices, while also enhancing operational resilience and reducing emissions.
Target Audience
Veckta primarily serves enterprise businesses, commercial property owners, and medium portfolio operators seeking to improve resilience, unlock savings, and decarbonize at scale through onsite energy solutions.
Features
- AI-enabled platform for identifying optimal sites for onsite energy deployment based on user-defined goals, incentives, and site parameters.
- System comparison tool to match system benefits with energy demand and financial limitations, determining the best clean energy or hybrid system.
- Marketplace access to capital, services, and equipment from vetted suppliers for financing and deploying onsite power.
- Portfolio-level assessment to baseline an entire portfolio of sites and identify potential benefits.
- Centralized, secure database for managing information and aligning stakeholder interests.
- Project management tools for bulk project management, accelerating deployment and tracking progress.
- Competitive bidding process to ensure the best value from leading suppliers custom-selected for each project.