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The Energy Audit
Company : The Energy Audit
Company stage: Growth Stage
Industry : Software,Energy
Foundation year: 2015
One line pitch: We developed a machine learning algorithm based on regression analysis to build accurate models of energy consumption/production behavior.
Short Project Description: The Energy Audit (TEA) is an innovative startup which was incorporated in September 2015 in Italy after 3 years of intense R&D and software testing activities supported by Mipu Business Accelerator. As core business TEA provides B2B software for comprehensive energy management. TEA solution consists of 2 complementary software platforms: TEY -The Energy Analysis- and TEM -The Energy Management- which include 4 modules each. The Energy Audit has already shown traction in Italy and in other countries. So far, we have served more than 160 customers belonging to different fields; among them there are big names such as Rome Fiumicino Airport, Hitachi (Japan), OSG (Korea), Anglia Ruskin University (UK).
Significant Milestones:We have been selected among more than 2.400 startups to participate in the K-Startup Grand Challenge, a 3-month acceleration program sponsored by the Korean Government. In Korea we established an important partnership with KEA (Korean Energy Agency). In Japan, we performed an energy audit for Hitachi (Tsuchiura plant). In Italy our biggest customer is Rome Fiumicino Airport.
Fundraising target: 1 million euro
Use of Funds: The funds will be used for blitz-scaling. We need to reinforce our sales network worldwide and invest in software localization in the different countries.
Contacts: Eleonora Carta
Email Contact: eleonora.carta@the-energyaudit.com
Web Site: www.the-energyaudit.com

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