OutSmart has developed a solution that provides a detailed and metric driven approach to reduce energy consumption and improve your up-time on mission critical equipment. OutSmart is initially focused on grocery and convenience stores and has shown less than a year payback, identifying 5-15% in energy savings. OutSmart is not a control system– it complements that function by providing detailed information about a store’s consumption that control systems can’t get.
At a high level, OutSmart is a system for comprehensive and granular electrical monitoring, but the type of data we can get can not only provides a detailed itemization of energy to baseline and track performance, it is used to understand the performance of equipment and the efficacy of control systems at a detailed level.
OutSmart’s competitive advantage stems from its specialized sensor technology, data extraction techniques, and analytics platform (OSAP) which enable unparalleled depth of information, ease of installation, low cost, flexibility and extensibility.
OutSmart is located in Natick Massachusetts (15 miles West of Boston) and was founded in February 2008.
Funding Rounds (7) - $13.81MUpdate
Current Team (5)Update
Board Members and Advisors (4)Update
|Mar 1, 2015||SEC - SEC FORM D|
|Jan 22, 2014||SEC - SEC FORM D|
|Oct 10, 2013||SEC - SEC FORM D|
|Dec 7, 2012||(see Boston Tech Flash) - OutSmart Power Systems raises 1500000 in venture round|
|Oct 17, 2012||Xconomy - OutSmart Power Systems Lands $1,500,000 New Financing|
|Apr 19, 2011||Xconomy - OutSmart Adds $1.8M in Debt|
|Apr 19, 2011||(see Boston Tech Flash) - OutSmart Power Systems raises 2606500 in debt_financing round|
|May 4, 2010||SEC - SEC FORM D|
OutSmart Power Systems
11 Mercer Road,
Natick, Massachusetts 01760