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§ Private Profile · Toronto, Canada
Climate technology company providing an AI platform for carbon and cost optimization in building decarbonization and retrofits.
Based in Toronto, Ontario, Adaptis develops an AI-powered carbon and cost optimization software platform that helps commercial building owners, asset managers, and developers plan decarbonization strategies for renovations and retrofits. The company's technology analyzes existing structures to automate planning for building adaptation, deconstruction, and material reuse, targeting scope 1-3 emission reductions alongside capital expenditure savings of over 20 percent. Operating with a team of more than 25 employees, the enterprise has evaluated over 400 buildings to date, reportedly preventing 145,000 tons of carbon dioxide emissions. The startup has secured over $7 million in total equity and non-dilutive funding, including a $2 million CAD pre-seed round backed by institutional investors such as 2048 Ventures, Blue Vision Capital, FUSE, and Powerhouse Ventures. Adaptis was originally founded in April 2022 by co-founders Sheida Shahi and Aida Mollaei.
Adaptis has raised $4.0M across 1 funding round.
Adaptis has raised $4.0M in total across 1 funding round.
Adaptis has raised $4.0M in total across 1 funding round.
Adaptis's investors include Building Ventures, MetaProp Ventures.
Adaptis has raised $4.0M across 1 funding round. Most recently, it raised $4.0M Seed in April 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 1, 2025 | $4M Seed | Building Ventures | MetaProp Ventures | Announced |
Adaptis is an AI-powered platform for predictive capital planning in real estate, specializing in building decarbonization and circularity.[1][3][4] It serves building owners, asset managers, developers, architects, engineers, and AEC professionals by optimizing retrofit sequences, reducing energy consumption, greenhouse gas emissions, and lifecycle costs while maximizing asset value and incentives.[1][3][4][5] The software simulates thousands of scenarios using real building data to deliver precision cost-benefit analysis, dynamic planning, and compliance with standards like GHG Protocol, replacing static spreadsheets with interactive roadmaps.[4][5] Founded in 2018 in Toronto, Adaptis has raised $1.5M–$2M in pre-seed funding from investors like Powerhouse, 2048 Ventures, and Blue Vision Capital, showing early momentum in cleantech with University of Waterloo roots.[1][3]
Adaptis emerged from University of Waterloo research, founded in 2018 by co-founder and CEO Sheida Shahi (PhD ‘21) and co-founder and CTO Aida Mollaei (MES ‘20).[3] Shahi, who designed and taught the university's first circular engineering course alongside professor Hassan Haas, collaborated closely with Mollaei, whose expertise lies in novel methodologies for automating building circularity.[3] The idea stemmed from this academic work, focusing on AI-driven software to enable material recycling, waste reduction, and decarbonization across building lifecycles—pivotal as buildings contribute significantly to emissions.[3] Early traction came swiftly: within a year of launch via Waterloo's Velocity incubator, Adaptis secured a $2M pre-seed round from cleantech and deeptech investors, leveraging the university's unique IP policy despite initial U.S. investor unfamiliarity.[3]
Adaptis rides the net-zero buildings and circularity in construction waves, addressing the construction sector's 39% share of global emissions amid regulatory pressures like ESG reporting and penalties for stranded assets.[1][3][4] Timing aligns with rising incentives (e.g., CMHC, CIB) and smart cities initiatives, where decarbonizing existing stock is urgent—lengthening lifecycles via AI beats demolition/rebuild.[1][3][5] Market forces favoring it include cleantech funding growth, AI adoption in AEC, and portfolio mandates for sustainability; as a Waterloo spinout, it influences the ecosystem by democratizing advanced analytics, cutting consultant dependency, and scaling circular practices globally.[3]
Adaptis is poised to expand from pre-seed diagnostics to full lifecycle management, targeting larger portfolios amid tightening net-zero deadlines and AI cleantech hype.[3][4] Trends like embodied carbon regulations, incentive expansions, and generative AI for simulations will accelerate adoption, potentially unlocking Series A via proven ROI and patents.[1][3] Its influence may evolve from niche decarbonizer to ecosystem standard-setter, empowering owners to avoid brown discounts and future-proof assets—reinforcing its core mission to make every building circular and resilient.[3][4][5]