enVerid Systems

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Smart Building Technology?
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Early
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Energy management
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enVerid Systems is a leading provider of sustainable indoor air quality (IAQ) solutions that help buildings achieve air quality goals while saving money and reducing energy consumption and carbon emissions. The company's flagship product is the HVAC Load Reduction (HLR) module, an award-winning air cleaner that delivers up to 40% HVAC energy savings and superior indoor air quality in new and existing buildings.

At the core of the HLR modules is enVerid's proprietary Sorbent Ventilation Technology (SVT), designed to capture gaseous contaminants such as carbon dioxide, ozone, formaldehyde, and volatile organic compounds (VOCs) from indoor air. By safely cleaning indoor air, SVT reduces the need for energy-intensive outside air ventilation by up to 80%, resulting in significant energy savings. When combined with ASHRAE's Indoor Air Quality Procedure (IAQP), SVT can reduce annual HVAC energy use by up to 40%, lowering a building's energy intensity and carbon emissions.

enVerid offers several HLR modules, including the HLR 200 million (flagship indoor model), HLR 100 million (smaller, ductless model for retrofits), and HLR 200R (rooftop model). The company has also integrated its SVT technology into Daikin's Rebel Applied rooftop heating and cooling system, creating a first-of-its-kind packaged air quality system. In addition to its HLR products, enVerid offers the enVerid Air Purifier, a robust, ceiling-mounted HEPA purifier integrated into Trane's Wellsphere IEQ solution portfolio.

In January 2023, enVerid announced its expansion into Southeast Asia through an extended partnership with SCG, a leading business conglomerate in the ASEAN region. Under the new agreement, SCG will manufacture HLR modules in Thailand under a technology licensing agreement, further increasing the availability of enVerid's sustainable IAQ solutions across the region.


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Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
Westwood MA USA
Founded year:
2010
Employees:
11-50
IPO status:
Private
Total funding:
USD 38.7 mn
Last Funding:
USD 13.9 mn (Series Unknown; May 2023)
Last valuation:
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