Details

Last Funding Type

Non-Equity Assistant

Industries

Blockchain,CleanTech,Energy,Energy Efficiency,Information Technology,Renewable Energy,Software

Founded date

Jan 1, 2014

Number Of Employee

11 - 50

Operating Status

Active

Legal Name

SimpTek Technologies Inc.

Also Known As

SimpTek,GridEdgeEconomy

At SimpTek our GridEdge360 platform delivers industry-leading measurement, analysis, and customer engagement solutions. We help you create a customer-centric energy experience focused on robust economic growth and long-term success in the Grid Edge Economy.

Our platform allows Utilities, Service Providers, and Building Owners to quickly and securely collaborate on projects which leads to greater program adoption and improves the speed and effectiveness of program targeting and evaluation. This approach enables the creation of turnkey solutions that can evolve as our customer’s needs change.

SimpTek is committed to a single core idea, to radically simplify energy savings projects.

40% of the total GHG reduction comes from building retrofits. Decarbonized and climate-resilient infrastructure not only requires policy changes but also an industry-wide increase in deep energy retrofits. Our unique approach uses machine learning models and blockchain-based infrastructure to accelerate the implementation of retrofit programs by extending insights and offers and making it easier for everyone to participate in energy savings projects.

Traditional audits are expensive, and often generate a series of complex solutions.
At SimpTek we work with our partners to provide streamlined access to simple recommendations, to scale up program adoption, and provide a better overall customer experience. Our solution helps building owners navigate the complex steps to get from energy audit to building retrofit.

SimpTek has created a platform that uses existing data to create a virtual representation or digital twin of the building's energy profile -- identifying personalized retrofit recommendations. These buildings can then be targeted for specific energy savings, fuel switching, or electrification opportunities.

Our analysis can be used in collaboration with traditional auditors, as a quick and easy report to share with building owners -- allowing the discussion to focus on the benefit of specific recommendations. The SimpTek solution is inexpensive, easily scalable, and applicable to both residential and commercial buildings.