by AF 0208a3 — February 15, 2010—Connecticut Innovations (CI), a quasi-public authority in Connecticut responsible for technology investing and innovation development, has made a $500,000 investment in Sustainable Real Estate Solutions Inc.(SRS) of Monroe, Conn., through its Connecticut Clean Tech Fund. This investment is part of an $800,000 investment round also involving LaunchCapital and individual investors. SRS is the third company to receive assistance through this fund.
SRS’s flagship product, Sustainable Real Estate Manager, provides a comprehensive set of energy and sustainability performance assessment and management solutions for the commercial real estate industry. SRS’s on-demand, Web-based technology enables building management professionals, real estate investors, lenders, tenants and consultants to proactively assess and manage energy efficiency and sustainability-related issues to ensure optimal performance at both the individual property and overall portfolio levels. The companys software-as-a-service (SaaS) platform is said to be the industrys first integrated solution for measuring and monitoring commercial real estate asset sustainability performance against several existing and emerging public and private benchmarks. The platform combines Energy Star, LEED, ASTM, ASHRAE and CMP Green Value Score standards in a manner that rationalizes the relative strengths of each of these leading sustainability and energy benchmarking and rating systems. The platform also utilizes SRS proprietary indices including its energy efficiency based Local Market Benchmarking Index and CarbonCheck, which determines potential carbon emission-related financial risk associated with a buildings energy consumption. For more information, see the Web site.
