Bractlet

Overview
Smart Building Technology?
Product stageSegments
Early
?
Building automation and analytics
?

Bractlet is a company that provides an energy management information system (EMIS) solution called the Bractlet Intelligence Platform. This platform employs advanced simulation technology and machine learning algorithms to create highly accurate "digital twins" of commercial buildings. These virtual models replicate the real-world energy consumption patterns and operational characteristics of actual buildings with remarkable 98-99% precision.

The Bractlet Intelligence Platform synthesizes a wide array of data points, including architectural documents, historical utility bills, real-time sensor readings, occupancy rates, and weather information. By consolidating these disparate data sources into a unified digital representation, the platform enables comprehensive analysis and simulation of potential energy optimization strategies before their physical implementation.

Bractlet's approach recognizes that every building is a unique ecosystem with its own idiosyncrasies and energy demands, precluding a one-size-fits-all solution. The digital twin technology allows building owners and operators to experiment with various equipment upgrades, operational adjustments, and energy-saving measures within a risk-free virtual environment. Once the optimal configuration is identified through simulations, it can be seamlessly translated into the physical building, typically resulting in 30% cost reductions for clients.

Bractlet's origins trace back to 2012 when three friends from Georgia Tech set out to improve the energy efficiency of their college campus. Realizing the limitations of existing data collection methods, they embarked on a journey to develop a scalable platform that could unlock significant energy savings by harnessing the power of granular building data and advanced modeling. Since its inception, Bractlet has analyzed over 1,000 projects across more than 35 million square feet of commercial office space nationwide.

In 2021, Bractlet was acquired by Backpack Group, a company dedicated to making individualized building data universally accessible. This acquisition enabled Backpack Group to leverage Bractlet's award-winning technology as the foundation for its open building data platform, empowering owners to share their data efficiently with relevant stakeholders.


Sources

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:
510 South Congress Ave. Suite 107 Austin TX USA
Founded year:
2011
Employees:
11-50
IPO status:
Private
Total funding:
USD 5.8 mn
Last Funding:
USD 607.5 k (Debt Financing; Dec 2019)
Last valuation:
USD 4.1 mn (Mar 2016)
Key competitors
Filter by the segments to which the disruptor belongs
All Segmentsexpand
 
Loading...
Loading...
Loading...
Loading...
Product Overview
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
Product Metrics
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
Company profile
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
Funding data are powered by Crunchbase
arrow
menuarrow
Click here to learn more
Get a demo

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.