Enertiv Closes $4.25M Funding Round

Enertiv, Inc., a NYC-based PropTech company that uses data and analytics to enhance building operations in commercial real estate portfolios, closed a $4.25 funding round.Led by Connell McGill, Co-founder and CEO, Enertiv deploys IoT devices to continuously track every critical piece of equipment and tenant space in a building.The data feeds the company’s Operations Performance System, a comprehensive platform for reducing operating costs and maximizing tenant comfort across real estate portfolios.The company’s technologies include: – Enertiv AI (Asset Intelligence) – Machine learning software that identifies and automatically notifies building operators about equipment malfunctions, maintenance needs, energy waste, and indoor environmental issues.The technology has been implemented in some of the largest real estate portfolios in the country, including Related Companies and Colliers International.