Success Stories and News
SHELTON, CT., June 25, 2019 –Budderfly, a leading pioneer in the Energy Efficiency as a Service market, today announced new $55 million in growth equity and project debt funding led by Balance Point Capital with participation by Connecticut Innovations. This funding, together with the previous $22 million funded over the past 24 months by Edison Partners, Founder and CEO Al Subbloie, Budderfly senior management, the State of Connecticut through the Department of Economic & Community Development
SHELTON, CT – November 13, 2018 – Budderfly Inc. (www.budderfly.com), a leading provider of energy management solutions announced it has contracted its 500th customer facility for its Energy Efficiency as a Service (EaaS) offering. Budderfly brings an innovative approach to the emerging EaaS market, with advanced software, patented energy Internet of Things (IoT) measurement and control devices, and numerous energy-saving facility components and upgrades.
SHELTON, CT – May 1st, 2018 – Budderfly Inc. (www.budderfly.com), a leading provider of energy management solutions announced it has contracted its 100th facility for its Energy Efficiency as a Service (EaaS) offering. Budderfly combines energy-efficient technology upgrades with its patented energy intelligence software and IoT devices focusing on smart metering, control, and optimization of energy usage at the point of consumption throughout a client’s building. The result is immediate and increasing energy savings for Budderfly’s customers.
On Mar 20th 2018, the United States Patent Office (USPTO) granted Budderfly U.S. patent 9,921,554 related to Computer Based Energy Management. This latest patent relates to communication methods used for the transmission of energy data from sensors and adaptors to remote software that measures and manages facilities energy consumption.