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Venture Capital News: Clockworks Analytics Completes $16.1M Funding

2023-08-22
BOSTON, MA, Clockworks Analytics, a leading provider of SaaS building analytics, today announced that it has closed a funding round of $16.1 million.
The round was led by Carom Growth Partners with participation from existing investor, SE Ventures. This investment brings the company's total funding to over $28 million since inception, a testament to the momentum and size of the market opportunity.

Clockworks Analytics is an essential smart building intelligence platform that provides data-driven insights into property operations for facility and energy managers. Through its technology, which is the world's most widely utilized cloud-based building analytics software, the company proactively identifies inefficiencies and root causes within building systems and prioritizes the most urgent tasks for building staff in real time. By creating an unprecedented level of operational intelligence about a building, Clockworks helps property teams improve the reliability of their buildings' equipment, while improving air quality and reducing energy consumption and operational costs.
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