Correlate Energy Corp.

About Correlate Energy Corp.

Correlate is a company focused on making sustainability profitable by improving building net operating income through energy solutions. Their platform helps organizations meet ESG (Environmental, Social, and Governance) and NOI (Net Operating Income) goals by generating new rent and operating income with no upfront capital expenditure.

Products & Services

Energy Management Platform:A software platform that monitors, measures, and optimizes building performance metrics to cut costs, increase profitability, and create new revenue streams.

Customized Energy Strategy:Tailored operating strategies for portfolios, focusing on renewable energy, energy efficiency, and utility contracts to improve net operating income.

Vendor-Agnostic Solutions:Works with existing vendors and partners to implement energy solutions, ensuring alignment with organizational goals.

No Upfront Cost Funding Model:Funding mechanisms that require no out-of-pocket capital expenditures, focusing on cashflow-positive solutions.

Ongoing Monitoring and Maintenance:Continuous utility bill analysis and quarterly meetings to verify savings and present new energy improvement opportunities.

Specialties

Energy Efficiency Renewable Energy Building Performance Optimization ESG Goal Achievement Net Operating Income Improvement

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Debt Conversion T: - FT: Debt Conversion	A: 8000000 MR: - FA: approximately $8 million FAN: 8000000	D: 2024-06-14 FD: 2024-06-14	1 investors
2	RT: Debt T: - FT: Debt	A: 11900000 MR: - FA: 11.9 million FAN: 11900000	D: 2023-05-24 FD: 2023-05-24	1 investors

Debt Conversion Latest

2024-06-14

$8.0M

1 investor (Pro only)

Debt 2023-05-24

$11.9M

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

F

Flaviu Forgaciu

CEO

C

Chuck Markovic

CFO

D

Dave Bailey

CRO

J

Jed Freedlander

Chief Development Officer

R

Roger Baum

COO

J

Jason Loyet

Director of Solar Energy & Storage

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