CREtech, one of the largest platforms covering the Commercial Real Estate (CRE) tech industry, included Wattsense as one of the most innovative technology providers in the sector in its recently released 2018 End-Year Report.
The report is a valuable analysis providing resource data, trends and information about emerging startups in the real estate industry. Including an in-depth coverage of the $9.6 billion of investment into the CRE tech sector in 2018.
Wattsense is a seeding stage startup offering a plug-and-play service that drastically simplifies the connection between a building asset, such as HVAC, BMS, IoT sensors, and a software application.
In the report, we had the opportunity to present our most significant milestones during the past year, The €2.1 million raised in equity plus debt in our first fundraising round, the development of our private Beta Launch, the integration of the communication protocol BACnet into our Box and last but not least, the expansion of our team to 16 members.
We also couldn’t miss the chance to share the future steps on the roadmap for the Q1, 2019 that have the Wattsense team working hard. The release of our hardware, the Box, which is 10 times more versatile than its Beta version, the introduction of the plug-in feature, for users to quickly build and load software into the Box, in addition to the industrialization of the Wattsense service to support clients deploy apps in hundreds of buildings.
Alongside Wattsense, companies such as Facilio, Cherre, We Work, Truss, Re-Leased, and many others were part of the report, covering areas from Property and Facility Management, energy efficiency, general real estate and software development.
With over $3 billion raised through the first half of 2018, unprecedented interest remains on how technology can impact the way people and businesses use real estate.
If you are interested in learning all about the role of Wattsense and the notable transactions and trends of the CRE technology industry, download for free the report.