Sustainable Real Estate Solutions (SRS)

Sustainable Real Estate Solutions (SRS) is a technology company.

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Updated: Mar 23, 2026 ·

About

Sustainable Real Estate Solutions (SRS) offers a proprietary cloud-based platform for energy performance assessment, project optimization, and investment underwriting in commercial real estate. Its core technology, the Energy Performance Improvement Calculator (EPIC), estimates energy savings and financial impacts for upgrades. SRS also administrates Commercial Property Assessed Clean Energy (C-PACE) programs, facilitating financing for efficiency projects.

The company’s leadership, with over 25 years in commercial real estate information services, began developing cloud solutions around 2010. In 2012, the Connecticut Green Bank selected SRS to implement the nation’s first statewide C-PACE program. This established SRS’s expertise in clean energy finance and program administration.

SRS’s platform assists contractors nationwide in developing and financing building energy improvements. The company partners with state and local governments as a leading C-PACE program administrator. Its vision is to democratize advanced software and analytics, making them broadly accessible to the energy efficiency and project development markets to accelerate sustainable real estate.

Recent News & Mentions

Jun 1, 2011FundingSustainable Real Estate Solutions (SRS) - Seed

Financial History

Sustainable Real Estate Solutions (SRS) has raised $1.0M across 1 funding round. Most recently, it raised $1.0M Seed in June 2011.

Total Raised

$1.0M

Valuation

N/A

Funding Rounds Raised

Date	Round	Lead Investors	Other Investors
Jun 1, 2011	$1.0M Seed		Connecticut Innovations

Financial History

Sustainable Real Estate Solutions (SRS) has raised $1.0M across 1 funding round.

Total Raised

$1.0M

Valuation

N/A

Deep Dive

Sustainable Real Estate Solutions (SRS) is a technology company that builds cloud-based software, data and analytics to underwrite, administer and accelerate commercial building energy-efficiency and renewable-energy projects—notably as a specialist in Commercial Property Assessed Clean Energy (C‑PACE) program administration and project underwriting tools such as the EPIC and PACEworx platforms.[3][5]

High‑Level Overview

Mission: SRS aims to accelerate clean energy adoption in commercial and industrial buildings by providing technology-enabled underwriting, project development, benchmarking and program administration services that make efficiency and renewables financeable and bankable.[3][5]- Investment philosophy (for an investment firm interpretation): Not applicable—SRS itself is an operating technology and services company rather than an investment firm; it does, however, enable capital deployment into building upgrades by producing underwritable project-level analytics used by lenders and program capital providers.[3][5]- Key sectors: Commercial & industrial (C&I) real estate, energy efficiency, HVAC project development, commercial clean‑energy financing (C‑PACE program administration).[3][5]- Impact on the startup ecosystem: SRS has created market infrastructure and data products (EPIC™/PACEworx™) that reduce transaction friction for contractors, developers, lenders and public program administrators—supporting broader private capital flows into building decarbonization projects.[5][7]

For a portfolio‑company style summary (if treating SRS as a product company):

Product: Cloud platforms EPIC™ (Energy Performance Improvement Calculator) and PACEworx™ provide energy savings estimation, project optimization, underwriting, benchmarking, and measurement & verification tools.[5][7]- Customers: State and local governments running C‑PACE programs, HVAC contractors, energy project developers, building owners, mortgage holders and capital providers.[3][5]- Problem solved: SRS removes underwriting uncertainty and administrative friction that block commercial building upgrades by producing standardized, data‑driven assessments and quality assurance to make projects financeable through C‑PACE and other lenders.[3][5]- Growth momentum: Since 2010 SRS has been selected for major program implementations (for example Connecticut’s statewide C‑PACE program) and claims involvement in hundreds of C‑PACE projects totaling over $1.3 billion in project value, indicating sustained product-market fit within the C‑PACE and commercial retrofit market.[1][3]

Origin Story

Founding year and leadership: SRS was founded in 2010; Brian McCarter is founder and CEO and Anthony Buonicore serves as Chairman leading engineering and energy technical services.[1][3]- How the idea emerged: SRS evolved from leadership experience in commercial real‑estate information services and energy-efficiency project development; the team built a cloud-based platform to standardize performance assessment, underwriting and measurement & verification to address financing barriers for C&I building upgrades.[1][3]- Early traction / pivotal moments: In 2012 Connecticut Green Bank selected SRS to support development and implementation of the nation’s first statewide Commercial PACE program—an early, high‑profile validation that helped SRS refine its technology-enabled underwriting and program administration model.[3][1]

Core Differentiators

Technology + domain data: Proprietary platform (EPIC™) trained on data from thousands of projects gives granular, real‑time energy savings and financial impact estimates for contractors and developers.[5][3]- Program administration expertise: Deep experience operating as a C‑PACE program administrator and providing technical underwriting and QA for public‑private programs.[1][7]- End‑to‑end services: Combines software with hands‑on technical support to meet underwriting requirements across stakeholders (owners, contractors, lenders, mortgage holders).[1][3]- Proven track record: Role in origination, development, optimization and technical review of hundreds of C‑PACE projects exceeding $1.3B in value demonstrates market credibility and operational scale in a niche market.[1]

Role in the Broader Tech Landscape

Trend they’re riding: The convergence of building decarbonization, commercial retrofit financing, and digitization of underwriting/energy analytics is increasing demand for tools that translate efficiency measures into bankable cash‑flow models—SRS sits at that intersection.[5][3]- Why timing matters: Rising regulatory pressure, corporate net‑zero commitments, and larger pools of climate capital make standardized underwriting and program administration essential to scale retrofits now.[3][5]- Market forces in their favor: Growth in C‑PACE adoption, public incentives, and lenders seeking standardized risk profiles for efficiency projects drive demand for SRS’s analytics and admin services.[3][7]- Influence on ecosystem: By lowering transaction costs and improving confidence for lenders and owners, SRS helps channel private capital into building upgrades and accelerates contractor ability to sell and deliver projects.[5][1]

Quick Take & Future Outlook

What’s next: Expansion opportunities include scaling PACE program administration into additional states/municipalities, broadening EPIC’s dataset and analytics for more asset classes, and integrating with capital markets/lender platforms to streamline financing execution.[5][7]- Trends that will shape their journey: Increased C‑PACE adoption, higher ESG/ESG‑linked financing demand, improved building data availability, and potential regulation requiring building performance disclosure will expand the addressable market for SRS’s underwriting and admin services.[3][5]- How influence might evolve: If SRS continues to standardize underwriting and measurement & verification workflows, it can become a de‑facto infrastructure layer that underpins scaling of commercial building decarbonization financing—shifting projects from bespoke deals to standardized, investable assets.[1][5]

Quick take: SRS is a specialized, data‑driven technology and services provider that has converted experience in commercial real‑estate information services into pragmatic tools and program administration for C‑PACE and retrofit finance—positioning it to play a meaningful infrastructure role as markets scale capital toward building decarbonization.[3][5]

Sources

Frequently Asked Questions

How much funding has Sustainable Real Estate Solutions (SRS) raised?

Sustainable Real Estate Solutions (SRS) has raised $1.0M in total across 1 funding round.

Who are Sustainable Real Estate Solutions (SRS)'s investors?

Sustainable Real Estate Solutions (SRS)'s investors include Connecticut Innovations.