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1Efficiency, Inc.

Cloud-based energy management consumption database and portfolio builder to enable masses of buildings to save energy.

  • Stage Full Product Ready
  • Industry Software
  • Location Boston, MA, USA
  • Currency USD
  • Founded August 2012
  • Employees 12
  • Website 1efficiency.com

Company Summary

1Efficiency is a cloud-based software product company empowering customers to visualize, monitor, manage and optimize electric, water & gas consumption across a portfolio of their buildings. We offer industry’s first Internet of Things energy consumption database & portfolio builder to enable 5 mil commercial buildings in the US spending $200 billion on energy annually, to save $60 billion by leveraging the low hanging fruit of energy efficiency.

Team

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    Tony Giroti
    President & CEO (Founder)

    Tony is a serial entrepreneur with 20+ years in high tech. Earlier, as CEO of Bridge Energy he grew the company to achieve the INC list 3 yrs in a row with leadership position. He was the Chief Architect of a Smart Grid project at NV Energy. He has received many awards in the energy industry as a visionary. He's on the board of US DOE’s GWAC, US NIST’s Smart Grid Council & on the Board of OASIS. He's also leading DOE's Transactive Energy program.

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    Eugene (Gene) Zimon
    Strategic Advisor

    Gene was the Senior Vice President of Information Technology and Chief Information Officer at NSTAR and Boston Gas. He has also served as Vice President of Business Development for Utilities at Oracle Corporation. Mr. Zimon spearheaded their product and go to market strategy that dramatically increased sales to utilities. He developed the application footprint that laid the basis for highly successful Oracle utilities application suite.

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    Art Garofalo
    SVP Sales

    Considered “the godfather of sales” among his peers, Art has spent a distinguished career helping to increase the bottom line for companies of all sizes. Art’s career spans more than 30 years, where he enjoyed a number of successful exits as both a CEO and the leader in Worldwide Sales. Some of the organizations he served were Microcom, Ardent, MiniComputer and Software.com. He has a talent for simplifying the complex & selling complex products.

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    Strategic Advisor

    Bhaskar has a rich experience of more than 15 years as a serial entrepreneur. Bhaskar has extensive experience in setting up, building, and formulating corporate strategy and direction for various successful organizations. He is currently Chairman of Cambridge Energy Resources and Sustainable New Energy. Prior to this, Bhaskar was co-founder and Chairman of Cambridge Technology Enterprises, a global technology company which he IPO-ed in India.

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    VP Engineering

    Mahesh is a seasoned VP of Engineer with significant experience in building products and services for the Energy industry. Prior to joining 1efficiency, he was SVP in Cambridge Energy where is led the development and implementation of Renewable generation products. Prior to CE, he was a Director in Cambridge Technology Enterprises overseeing the software development offerings and before that he was a senior executive in Rolta Energy.

Advisors

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    John Chory, Latham & Watkins
    Lawyer
    Unconfirmed

Previous Investors

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    Mike Jesanis, Former CEO National Grid, Board of Ameresco
    Unconfirmed
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    Keith Sentiford, Former CEO Alstom Grid, Executive at GE Energy
    Unconfirmed
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    Eugene Zimon, Former CIO NSTAR & Boston Gas, Former VP Oracle Utilities
    Unconfirmed
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    Alan Matthews
    Senior Advisor
    Unconfirmed