Clockworks Analytics (formerly “KGS Buildings”) is an essential smart building intelligence platform that provides data-driven insights into property operations for facility and energy managers.
Clockworks Analytics is empowering facilities teams with fault detection and diagnostics to run better, smarter buildings.
Clockworks Analytics was founded as KGS Buildings in 2008 within the Massachusetts Institute of Technology’s Building Technology Department. The company is headquartered in Somerville, Massachusetts.
Clockworks' platform provides an unprecedented level of operational intelligence about a building, to help property teams improve the reliability of their buildings’ equipment, while improving air quality and reducing energy consumption and operational costs.
Clockworks’ intelligent HVAC analytics helps building teams identify the highest priority energy, comfort, and equipment issues in their buildings, complete with root-cause diagnostics and recommended actions.
Clockworks has completed over 40,000 building tasks to correct issues identified by Clockworks’ diagnostics and identified over 286K tonnes of carbon savings. The company has a list of marquee clients including MIT, Kaiser Permanente, Harvard University, Merck, and GK Norway.
Clockworks Analytics is backed by Schneider Electric, Carom Growth Partners, Evans Capital Management, and others. The company closed a $16.1M Series E round on Aug 22, 2023. This brings Clockworks Analytics' total funding to $28.1M to date.