Building intelligence SaaS technology company Infogrid announced today the acquisition of ESG analytics and carbon management platform, Aquicore.
Infogrid’s AI-powered SaaS platform collects, combines and analyzes billions of building data points through IoT sensors, to deliver real-time intelligence to corporate real estate landlords and facilities management executives.
Founded in 2012, Washington D.C.-based Aquicore was launched as an energy management and operations platform for real estate. The companies’ solutions are deployed in over 1,000 buildings in the U.S., supporting real estate institutions in obtaining high-quality ESG data, identifying and enabling efficiency projects and decarbonization strategies, and improving energy and carbon performance across a building portfolio.
According to Infogrid, the acquisition will strengthen the capabilities of both companies, merging its AI-powered technology with Aquicore’s ESG reporting and analytics abilities. Aquicore’s 60-person team will join Infogrid, and Aquicore founder Logan Soya will join the senior leadership team.
William Cowell de Gruchy, Infogrid founder and CEO, said:
“Today’s news signals an important leap forward on the path to a net zero future for the built environment, an ambition that grows more urgent every day. Together, Infogrid, Aquicore and our external partners will be able to deliver a complete environmental reporting and reduction offering for the commercial real estate sector – and therefore a credible path to a zero carbon future,”
“We firmly believe that it is imperative to reduce energy consumption and emissions within the built environment and have been working towards that goal as our core mission. We are thrilled to take the next step in our journey, joining forces with Infogrid to help bring our offering to a global audience and give real estate institutions the complete visibility needed to achieve net zero.”