The Efficiency Network (TEN)

The Efficiency Network (TEN)

The Efficiency Network, Inc (TEN) specializes in smart building services that optimize building performance. Learn more
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DateInvestorsAmountRound
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$150k

Seed

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Seed

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Series A
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$4.0m

Debt
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$1.5m

Seed

N/A

Acquisition
Total FundingAUD2.6m

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TEN (Tensaves) specializes in delivering energy efficiency solutions aimed at reducing utility costs for commercial buildings by 25% or more. The company operates in the energy management sector, targeting businesses that spend $350,000 or more annually on utilities and have buildings that are at least five years old. TEN's business model revolves around providing comprehensive energy audits, project management, and financing options to eliminate upfront costs for clients. The company makes money through fees applied to direct project costs, which are only charged when projects are purchased. TEN also guarantees projected energy and water savings for an additional cost, ensuring clients receive maximum value from utility rebates and other incentives. The company serves a diverse range of clients, including commercial real estate owners, facility managers, and businesses looking to modernize their facilities while achieving significant cost savings. By leveraging a network of trained and vetted contractors, TEN ensures high-quality project execution and long-term client relationships.

Keywords: energy efficiency, utility cost reduction, commercial buildings, project financing, energy audits, rebate management, facility modernization, cost savings, vetted contractors, long-term relationships.

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