Audette has raised $9.8M in total across 2 funding rounds.
Audette's investors include Active Impact Investments, Buoyant Ventures, Energy Impact Partners, First Round Capital, Powerhouse Ventures, Kiran Bhatraju.
Audette is a technology company specializing in decarbonization planning software for commercial real estate asset managers. Its platform leverages artificial intelligence and physics-based modeling to simplify and accelerate the creation of budget-ready, asset-level plans aimed at achieving net zero carbon emissions. By enabling users to quantify carbon removal potential and identify cost-effective decarbonization opportunities without extensive energy audits, Audette serves large property owners, institutional asset managers, and city managers with real estate portfolios. The company is experiencing strong growth, having raised over CAD 12.8 million in funding to expand its platform across North America and support the growing demand for actionable ESG strategies in real estate[1][2][3][4].
Founded in 2020 by Christopher Naismith, Audette emerged from his decade-long experience in manual energy auditing processes. The initial concept aimed to dramatically improve energy audits by leveraging internal real estate data, but this proved difficult to scale due to messy and incomplete data. After pivoting to an "outside-in" building modeling approach and participating in accelerators like Foresight and Google Cloud, Audette found product-market fit at scale. The company quickly gained traction by targeting institutional asset managers and city governments adopting decarbonization plans, positioning itself as a critical intelligence provider to meet ambitious net zero targets[2][3].
Audette rides the accelerating global trend toward sustainability and net zero carbon emissions, particularly within the commercial real estate sector, which is under increasing pressure from regulatory and investor-driven ESG mandates. The timing is critical as cities and large property owners seek scalable, data-driven solutions to meet climate goals. Market forces such as rising carbon regulations, growing investor demand for transparency, and advances in AI and cloud computing favor Audette’s technology. By providing actionable intelligence that connects decarbonization opportunities with financing, Audette influences the broader ecosystem by enabling faster, more confident climate action in real estate portfolios[2][3][4].
Looking ahead, Audette is poised to expand its footprint across more North American cities and deepen its integration with financial markets to unlock capital for decarbonization projects. Trends such as increased regulatory scrutiny on building emissions, advances in AI-driven analytics, and growing ESG investment flows will shape its journey. As the commercial real estate sector intensifies its focus on sustainability, Audette’s role as a provider of scalable, intelligent decarbonization planning will likely grow, helping to activate the zero carbon economy at scale and transforming how asset managers approach climate risk and opportunity[2][3][4].
Audette has raised $9.8M across 2 funding rounds. Most recently, it raised $9.0M Seed in November 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Nov 1, 2022 | $9.0M Seed | Active Impact Investments, Buoyant Ventures, Energy Impact Partners, First Round Capital, Powerhouse Ventures, Kiran Bhatraju | |
| Sep 1, 2021 | $800K Seed | Active Impact Investments, First Round Capital, Powerhouse Ventures, Kiran Bhatraju |
