EMPEQ (Empower Equity, inc)
EMPEQ makes capturing insight on existing infrastructure in buildings as easy as the click of your smartphone’s camera.
- Stage $500K in TTM Revenue
- Industry Software
- Location Ithaca, NY, USA
- Currency USD
- Founded September 2016
- Employees 14
- Incorporation Type C-corp
- Website empeq.co
Company Summary
America needs to decarbonize 7,100 buildings every day for the next 28 years if we are to reach our 2050 climate goals – the first step in each of these projects is onsite data collection regarding existing infrastructure. EMPEQ’s SaaS product captures and digitizes data in the built environment. In our beachhead market, the solution improves efficiency rates on site audits by up to 80% and provides previously scarce atomic-level equipment data.
Team
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COOA veteran of the industry, Derek performed on-site energy audits and built energy models for >$250M in energy efficiency projects as CFO of an energy efficiency design-builder. He is the former product manager of a $350M credit card portfolio for a top-25 US Bank. A Cornell MBA and member of the Mohawk Nation of Indians, Derek has had an 18-year career in finance. Derek is charged with process, procedure, and execution of the company's vision.
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CEOFormer chair of the Northeast Clean Heat and Power Initiative and a three-time CEO, Herbert has felt the pain we are solving firsthand while conducting over 300 site energy audits. He has experience leading energy-services contracting firms and sales teams of up to 80 individuals. A Cornell MBA and US Marine / NSA cryptanalyst, he has founded or co-founded four companies. Herbert owns the vision for the company and the Fast Site Survey product.
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