enVerid Systems

enVerid Systems is a leader in HVAC Load Reduction® (HLR®) technology committed to improving energy efficiency and indoor air quality in buildings worldwide through its innovative.

enVerid makes energy efficiency and indoor air quality solutions for commercial HVAC systems.

enVerid Systems was founded in 2010 by Udi Meirav and Israel Biran. The company is headquartered in Westwood, Massachusetts.

enVerid Systems offers products that significantly lower upfront HVAC system cost and reduce annual energy consumption by 20 - 30% while improving indoor air quality.

enVerid’s technology enables immediate capital cost savings on new HVAC systems and provides up to 40% energy savings and superior indoor air quality. Deployed in nearly 10 million sqf of commercial, academic, and government buildings, enVerid’s HLR technology is ASHRAE-compliant, LEED-compliant, and eligible for utility rebates.

 

enVerid’s HLR technology is ASHRAE-compliant and has been recognized by the U.S. Department of Energy, the U.S. General Services Administration’s Green Proving Ground Program, and the U.S. Green Building Council.

 

enVerid Systems is backed by Breakthrough Energy Ventures (BEV), Ajax Strategies, Building Ventures, OurCrowd and others. The company raised $20M in a Series B round on Apr 28, 2020. This brings enVerid's total funding to $24.7M to date.

 

enVerid’s HLR technology has also been ranked one of the top three energy saving technologies for commercial buildings by the United States Department of Energy.

 

 

  • Year founded: 2010
  • Funding Info: $24.7M over 3 Rounds (Latest Funding Type: Series B)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Westwood
  • State: Massachusetts
  • Country: United States
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