Adaptis is a technology company.
Adaptis is a technology company.
Adaptis has raised $4.0M across 1 funding round.
Adaptis has raised $4.0M in total across 1 funding round.
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]
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 |
|---|---|---|---|
| Apr 1, 2025 | $4.0M Seed | Building Ventures, MetaProp Ventures |