“We are honored to be recognized for our unique approach to energy efficiency by this year’s BBJ Best Green Practices awards committee,” said Swapnil Shah, co-founder and CEO of FirstFuel. “Boston has been a great birthplace for our technology, which is already making its mark not only locally, but on a national level as well.”
Since its launch in 2011, FirstFuel has seen early success and extraordinary momentum. In the past 12 months, the company received two successive rounds of funding totaling $12.4M from influential venture capital investors such as Rockport Capital, Battery Ventures and Nth Power. These energy-focused industry experts singled out FirstFuel for its potential influence and significant impact of FirstFuel’s RBA platform on a national, even global scale.
“We are proud of what we have been able to accomplish in a relatively short time. With our ability to scale energy efficiency, we’re well positioned to improve the efficiency of commercial buildings worldwide by engaging customers and delivering savings at an unprecedented scale,” said Ken Kolkebeck, co-founder and SVP, Products and Buildings for FirstFuel.
To be selected in the Invention category, nominees were required to demonstrate a product, policy or program exhibiting measurable, significant environmental benefits for businesses in the Greater Boston area.
About FirstFuel Software
FirstFuel Software is the energy intelligence company that helps utilities engage their commercial customers and deliver energy efficiency across commercial building portfolios. The FirstFuel Rapid Building Assessment platform uses advanced analytics to remotely benchmark building energy performance, creating rich energy profiles that eliminate the need for costly and inconsistent on-site energy assessments. Founded in 2010 and privately held, FirstFuel is headquartered in Lexington, MA. For more information, please visit www.firstfuel.com.