Valor leads seed round for Aetos, B2B SaaS for building and property owners
AI-optimized digital twin software makes facilities a snap to manage
The status quo of commercial building scans today is a high-cost, time-intensive, and laborious process that requires multiple stakeholders to be on-site for hours. Aetos digital twin software remedies this inefficiency by equipping building operators with a virtual visual equipment database, building-specific inventories of systems and controls as well as other pivotal data points that are crucial to their daily operational success. For building operators in growing verticals such as hospitality, retail, multi-family, and manufacturing, efficiency and scalability are top of mind as the industry braces for a wave of AI and next-level digitization.
Just months after launching, Aetos has garnered significant traction with major clients like SL Green, CBRE, Cushman & Wakefield, and others.
Executing on a growing market opportunity
Data published by the U.S. Energy Information Administration suggests Aetos is tackling a problem in a large and growing space. The target market features over 95B square feet of existing space with more than 150M square feet of class A buildings currently under construction in the 54 largest U.S. cities. Pacing, efficiency, and iteration are early indicators of a startup’s potential success as a market leader. As a result, Aetos founders are building with urgency and have already landed several notable industry customers just six months after launching their software to the masses. Early deployments demonstrate the product reducing energy consumption in facilities by up to 4%, management and contractor onboarding time by 50%, travel expenses by 35%, and project communication errors by 20%.
Valor is glad to back Aetos and the visionaries behind its early success. President Connor Offutt brings unique domain expertise from the real-estate operations world where he previously served as a customer relations specialist at Green Building Education Services before becoming manager of technology at Sustainable Investment Group, LLC. Valor General Partner Robin Bienfait leads the deal as she offers a wealth of expertise as a tech-forward real estate investor and operator. In her prior roles leading technology and Samsung, AT&T, and Blackberry, Robin had hundreds of global facilities under her leadership. Today, she is also the developer behind Atlanta Tech Park, a 43,000-square-foot startup hub in Metro Atlanta. Robin heard Connor pitch at Atlanta Tech Village and pursued the round, joining the board.
Watch a demo of their product here: