Budderfly

Budderfly is an energy efficiency as a service (EEaaS) provider disrupting the energy industry by leading the digital transformation of energy consumption conservation.

Budderfly performs energy efficiency upgrades that give you guaranteed savings with zero out-of-pocket costs.

Budderfly was founded in 2007 by Al Subbloie. The company is headquartered in Shelton, Connecticut.

 

Budderfly implements proprietary energy intelligence software, energy efficiency upgrades - such as LED lights, HVAC controls, variable frequency drives, refrigeration controls, and much more - that span more than 20 savings categories.

 

Budderfly creates networks of patented IoT devices that meter and report on all elements of energy use. Together these optimize energy usage at the point of consumption within each facility across the enterprise.

 

Budderfly’s ongoing services and proactive maintenance ensure that a building’s energy infrastructure never becomes outdated. The result is significant, immediate and progressive energy expense savings, upgraded facilities, and a reduced carbon footprint for its client facilities.

 

Budderfly is backed by Balance Point Capital Partners, Edison Partners, Connecticut Innovations, and Enhanced Capital. The company raised $7.8M in growth financing round on Oct 21, 2020. This brings Budderfly's total funding to $84.8M to date.

 

 

  • Year founded: 2007
  • Funding Info: $84.8M over 4 Rounds (Latest Funding Type: Venture- Series Unknown)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Shelton
  • State: Connecticut
  • Country: United States
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