E
Encycle Corporation
Encycle is a technology-driven company that is transforming energy management for commercial and industrial companies
About Encycle Corporation
Encycle Technologies specializes in HVAC optimization software, leveraging advanced algorithms and machine learning to enhance the performance of heating, ventilation, and air conditioning systems in real-time. Serving commercial clients, particularly in the retail sector, Encycle operates within the energy management market. The company's business model revolves around providing software solutions that integrate seamlessly with existing building controls, offering enterprise-wide scalability and ease of deployment. Encycle generates revenue through the sale and licensing of its patented Swarm Logic technology, which has been recognized with multiple industry awards for its innovation. By improving energy efficiency and reducing operating costs, Encycle has saved its customers over $20 million to date. The company is endorsed by utilities and is known for its significant contributions to reducing carbon footprints and enhancing building comfort.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2005
- Headquarters
- Toronto, Canada
- Employees
- 25
- Open positions
- None listed
- Dealroom signal
- 67.3/100
- Sub-industry
- Energy Efficiency
- Sector
- Energy, Sustainable Development Goals, Charging Technology, Urban Tech, Building Cooling, Climate Tech, Building Energy Efficiency, Green Buildings, Building Energy Retrofit, SaaS and IoT for Cooling
- Technology
- Artificial Intelligence, IoT InternetOfThings
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Oct 2023 | $0 | — | Undisclosed | ↗ |
| LATE VC✓Equity / VC | May 2021 | $7.5M | $58M | ACRE Incubator · Export Development Canada · NYSERDA · Active Impact Investments | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Encycle Corporation is 970 monthly website visits, down 51.5% over the last three months. Encycle Corporation's team declined 3.8% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
MaRS Investment Accelerator Fund
NYSERDA
Series A3 investors entered at this stage
Business Development Bank of Canada
NGEN Partners
Export Development Canada
Series B and later11 investors entered at this stage
ACRE Incubator
Active Impact Investments
Moodoos Investments
BDC Capital
Prelude Ventures
Canadian Technology Accelerators
Turntide Technologies
Cycle Momentum
EnerTech Capital
Maple Leaf Angels
Fulmer Capital Partners
Other known investors1 additional known investor
Future Labs
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Encycle Corporation on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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