Enertiv Company Research Report

Company Overview

Name and Mission

• Name: Enertiv, Inc.

• Mission: Enertiv aims to provide clarity and efficiency to building operations, transforming data into meaningful insights to optimize energy consumption, maintain equipment health, and manage capital expenditures effectively.

Founded and Leadership

• Year Founded: 2011

• Founder(s): No specific information provided.

• Key People: No specific information on key people beyond testimonials provided in the data. Mention of company personnel roles such as Senior Vice President and Facilities Coordinator by clients, not Enertiv employees directly.

Headquarters

• Location: 228 Park Ave S PMB 37629, New York, NY 10018, US

Employees and Revenue

• Number of Employees: No information is available.

• Revenue: No information is available.

Known For

Enertiv is known for its SaaS platform that delivers comprehensive operational intelligence for commercial real estate (CRE) owners and operators. It focuses on digitization of utility and equipment data to streamline energy management, tenant interactions, and maintenance operations.

Products

Overview

Enertiv offers a suite of modules and services that integrate into existing CRE operations to manage data and optimize performance without manual data entry or hardware disruptions.

1. Energy & ESG Module

• Description: Automates utility data capture, syncs data with Energy Star, and supports ESG reporting.

• Key Features:

• Industry’s most cost-effective signal capture or shadow metering.

• Automatically syncs utility data with Energy Star.

• Tracks Scope 1 and 2 emissions.

• Provides certification tracking and goal setting tools.

2. Tenant Billing Module

• Description: Streamlines the meter reading process and automates billing.

• Key Features:

• Submetering and integration capabilities.

• Automated bill generation.

• Tenant portal for consumption analytics and bill tracking.

3. Maintenance Module

• Description: Facilitates preventive maintenance and work order management.

• Key Features:

• Comprehensive equipment inventory management.

• Mobile app for operators with access to detailed equipment information and work orders.

• Preventative maintenance scheduling automation.

• Tenant portal for submitting and tracking maintenance requests.

4. Capital Planning Module

• Description: Produces data-driven forecasts for capital expenditures based on equipment lifecycle.

• Key Features:

• Accurate and up-to-date equipment inventory.

• Project and budget tracking.

• Forecasting tools for CAPEX based on lifespan and condition of assets.

5. Equipment & BMS Monitoring

• Description: Provides operational insights and fault detection for equipment.

• Key Features:

• Real-time fault detection and predictiveness maintenance alerts.

• Equipment runtime and hour calculations.

• Energy saving insights and recommendations for equipment upgrades.

Recent Developments

New Products and Features

• Measurement & Verification (M&V) Capabilities (Nov 6, 2024):

• Real-time tracking of energy savings.

• Provides cumulative savings, status checks, and automatic implementation detection.

• Integration with Yardi and MRI (Oct 19, 2024):

• Syncs tenant and billing data automatically between Enertiv and these widely-used property management systems.

• Tenant Insights and Alerts (Oct 6, 2024):

• Offers tenants actionable recommendations to optimize energy consumption and reduce costs.

• Energy and ESG Dashboard (Sep 26, 2024):

• Empowers tenants with direct access to track their own energy use and support ESG goals.

• Policy Tracking Feature (Sep 12, 2024):

• Allows users to view applicable regulations and compliance requirements impacting properties.

Partnerships and Integrations

• New integrations with property management software solutions (Yardi and MRI), providing seamless data synchronization for billing and utility management.

Other Developments

• GRESB-Ready Exports (Sep 6, 2024):

• Easy export of utility data in GRESB-compatible format to streamline reporting and improve ESG scores.

Conclusion

Enertiv continues to expand its service offerings and enhance its platform capabilities to provide detailed operational intelligence for CRE industries. With a focus on integrating billing, maintenance, energy, and capital planning processes into a unified platform, Enertiv aims to drive operational efficiency, tenant satisfaction, and sustainability across sectors.