Funding Received
$8 Million in 2 Rounds from 2 Investors
Most Recent Funding
$7 Million Series A on July 7, 2011
Founded:
2007
Headquarters:
Chicago, IL
Description:
QCoefficient is a smart grid engine to integrate HVAC operations in commercial buildings with electric grid operations and markets.
Founders:
Rich Earley, Vincent Cushing, Peter May-Ostendorp, Beth Cushing, Sandro Plamp, Gregor Henze, Andrew J. Whiting
Categories:
Smart Grid, Energy Efficiency, Clean Technology
Website:
http://qcoefficient.com

Detailed Description

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By integrating building operations with energy markets, QCoefficient, Inc. (formerly CUE’s) proprietary software leverages a building’s thermal mass, environmental data, carbon emissions and electric market prices to:

* Reduce HVAC energy use and expense up to 30 percent; * Improve electric generation efficiency and environmental performance; and * Introduce demand elasticity into grid markets.

For building owners and managers QCoefficient, Inc. executes a strategy designed to maximize efficiency and tenant comfort while also reducing costs, extending equipment life, and supporting corporate sustainability goals.

For utilities and grid operators QCoefficient, Inc. converts commercial buildings into large-scale thermal energy storage for the urban smart grid. QCoefficient, Inc. technology creates, aggregates, and manages distributed sources of load, generation, and storage in real-time, optimally balancing supply and demand while improving grid reliability and utilizing renewable energy resources such as wind power, which is generated in greater amounts at night.

Current Team (8)

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Past Team (1)

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Funding Rounds (2) - $8M

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Investors (2)

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Offices/Locations (1)

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  • Willis Tower

    233 S Wacker Dr.

    Suite 6225

    Chicago, IL 60606

    USA

Images (1)

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  • A3a8bda90ade9743732daa1f105fbadd