Clockworks Analytics Closes $16M Funding

The round, which brought total funding to over $28m, was led by Carom Growth Partners with participation from existing investor SE Ventures. The company intends ro use the funds for continued product development, investments in sales and marketing, and international expansion. Led by Brian Day, and Nick Gayeski, Clockworks Analytics is an essential smart building intelligence platform that provides data-driven insights into property operations for facility and energy managers. By creating a high level of operational intelligence about a building, Clockworks helps property teams improve the reliability of their buildings’ equipment, while improving air quality and reducing energy consumption and operational costs. The company’s clients—across healthcare services, life sciences, higher education, commercial real estate, and mechanical and operations service providers—have completed over 40,000 building tasks to correct issues identified by Clockworks’ diagnostics and identified over 286K tonnes of carbon savings.