By integrating building operations with energy markets, 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 – CUE 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 – CUE converts commercial buildings into large-scale thermal energy storage for the urban smart grid.
Financials
| Date | Type | Amount | Investors | Valuation |
|---|---|---|---|---|
| 07/01/11 | Series A | 7M | Battery Ventures, Rho Ventures | Unknown |
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