Verlitics, established in 2002 and headquartered in Portland, Oregon, is carving its niche in the energy management sector by providing innovative cloud-enabled devices and analytics solutions. With its slogan, "Harness real-time analytics for smarter energy decisions and reduced wastage with cloud-connected monitoring solutions," the company underscores its commitment to effective energy management.
The crux of Verlitics's offerings lies in a cloud-connected sensor and monitoring tool designed to track real-time electricity consumption within buildings. This system captures unique energy signatures, providing a detailed insight into device operations. Complementing this hardware is the Energy Insight Cloud Service, an analytics engine that discerns operational states and power usage, highlighting inefficiencies and potential maintenance issues.
With a focus on Analytics, Information Technology, and Renewable Energy, Verlitics last secured a Seed Round investment from E8 on 19 July 2012. The company's deep industry expertise positions it well for future growth and innovation in energy management.